Eactivity

From the e-Activity research you gathered, analyze how you, as the Chief Financial Officer (CFO) of a “big box store” that has potential pollution, environmental-disposal, or demolition problems, would handle these costs in your financial statements and communicate this proposed plan to your colleagues on the management team. Indicate how any resistance would be overcome. Support your stance with the information that you obtained through your research.

A big box store is a type of retail chain in which the phyiscal layout is similar to a geometrical box and does sale a vast of array of items that is made readily avalilable to the general public. According to the Sierra Club, a company such as Wal Mart can really affect members of a community. There are many forms of potential pollution, environmental-disposal or demolition problems such as opposing the construction of Wal Mart due to the fact that it will cause harm with the "wetlands, destruction, flooding potential and concerns about increased impacts on locally owned stores."(Sierra Club, n.d.) For many years, a company such as Walmart has brought more harm than good to communities and have basically hurt many thriving businesses. Walmart has profits of $ 11 billion dollars and is growing each year. There is a resolution as CFO on how to handle costs within a community and that is to "respect the wishes of local communities."( Sierra Club, n.d.) Walmart should comply with all environmental laws within the given community. There are many companies that have a strong disregard as it pertains to many forms of business transactions. Communication is a major factor before any formality of accounting measure has been discussed. The importance of a transaction is completed when the work is performed or the service has been redered.

Recommend the advantages and disadvantages of recording the above-referenced costs in the financial statements and how this might alter the company’s public image.

Advantages:...