Corporate governance, business and finance homework help

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Week 8 Discussion 2

"Finding the Best Buy" Please respond to the following:

Corporate governance has become a hot issue in the U.S. over the past two decades. From your analysis of the case study, determine two possible corporate governance challenges that might be faced by Best Buy as a result of its rapid growth and why they could become corporate governance issues.

Make recommendations for how Best Buy can overcome these challenges. Provide specific examples to support your response.

Tags: Corporate Governance Bus499

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Complete. Kindly confirm the paper. I will be uploading the other very soon

1

Running Head: BESTBUY COMPANY

Corporate Governance: Finding the Best Buy

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Instructor

Course

Date

BESTBUY COMPANY

2

Best Buy Company is among the high ranked performing multinational consumer
electronics corporation in the United States. It operates internationally in Canada, United
Kingdom, and Mexico among other countries all over the world (Roe, 2005). Best Buy deals
with consumer electronics and other related merchandise such as software, mobile phones,
cameras, and car stereos. It also deals with home appliances such as washing machines and
refrigerators in what is referred to as non-commissioned sales. Other services offered by the
compan...

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Colorado Technical University Merging of Companies Discussion

Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas ...

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ACCTG 505 San Diego State University Rita Crundwell Fraud Discussion

This discussion is based on the documentary, All the Queen's Horses. The documentary is available on demand at the follow ...

ACCTG 505 San Diego State University Rita Crundwell Fraud Discussion

This discussion is based on the documentary, All the Queen's Horses. The documentary is available on demand at the following sites: Amazon Prime https://www.amazon.com/All-Queens-Horses-Gene-Biggerstaff/dp/B07BPR2Y2C/ref=sr_1_1?s=movies-tv&ie=UTF8&qid=1523379365&sr=1-1&keywords=all+the+queen%27s+horses (Links to an external site.) YouTube Movies All the Queen's Horses (Links to an external site.) . Please watch the video and also review the related resources listed below. All the Queen’s Horses On February 14, 2013, Rita Crundwell, former comptroller for the city of Dixon, IL was sentenced to 19½ years in prison for stealing more than $53 million from Dixon. Crundwell's crime went on record as the largest municipal fraud in U.S. history. Just as shocking as the amount stolen from this small Illinois town, was the fact that Crundwell engaged in her scheme to pillage Dixon for 20 years before being discovered. Crundwell's fraud shines an unflattering spotlight on the accounting profession and the role of the audit. The relevance of the audit has been in question since the uncovering of massive corporate frauds dating back to Worldcom and Enron. Subsequent to Crundwell's conviction, the city of Dixon sued its auditors, accountants and bank, settling their claim against them for $40 million. After viewing the video and reviewing the related resources, please submit a 3-4 paragraph initial post, addressing the following: Describe the fraud scheme committed by Rita Crundwell, including how she concealed the fraud.How did Rita Crundwell steal over $37,000 each day from a town with an annual budget of around $6 million? Discuss the application of the fraud triangle and other fraud theories we have covered as they apply to this case study.How could this fraud have been prevented? In your discussion, be sure to explain the controls that were missing at City Hall.How could such embezzlement go undetected in annual audits by two independent accounting firms and in annual audit reviews by state regulators? How was this fraud continued for so many years? What red flags did the auditors miss? How did residents not become suspicious of Crundwell’s extravagant wealth and frivolous spending? How was the fraud finally detected? Explain the legal side of the case. As with other discussions, you will not see other students' posts until after your initial post. Please have your initial post submitted by Wednesday to ensure full credit. After Related resources: How People Rationalize Fraud https://ed.ted.com/lessons/how-people-rationalize-fraud-kelly-richmond-pope (Links to an external site.)$54 Million Fraud https://www.aicpastore.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2013/ForensicValuation/54-million-dollar-fraud.jsp (Links to an external site.)How Ronald Reagan’s Hometown Was Robbed Blind https://www.thedailybeast.com/how-ronald-reagans-hometown-was-robbed-blind (Links to an external site.)Rita Crundwell And The Dixon Embezzlement http://www.chicagomag.com/Chicago-Magazine/December-2012/Rita-Crundwell-and-the-DixonEmbezzlement/

Modern Day Policing and Society: Where Are We Headed?

In this course we have been learning about the different eras of policing from the inception of the first police force ...

Modern Day Policing and Society: Where Are We Headed?

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