Ethics and Compliance

The following are the ethic and compliance practices for Target. It includes the control procedures, business conduct practices, who is the auditor and who signs the certification. The net profit, return on assets, return on equity and debt the last five years.

Target’s financial statements are audited by Ernst & Young, LLP. Certifications are signed by Gregg W. Steinhafel, CEO and Douglas A. Scovanner, CFO.

Business Conduct

Target’s Annual Report does not go into detail about Target’s Business Conduct Guide, but instead instructs readers to go to www.Target.com and click on Corporate Governance to find the information pertaining to Target’s Business Conduct Guide (Target, 2010). Target’s Business Conduct Guide begins with a letter to the employees, from Gregg Steinhafel who is the Chairman, President, and CEO. Gregg expresses in the letter the importance of ethical behavior, and upholding the company’s reputation (Target, 2010). The Business Conduct Guide (2010) stated, “Every team member is obligated to act at all times with honesty and integrity” (p. 7). Target’s Business Conduct Guide outlines the corporation’s expectation for employee conduct, and helps guide employees to make correct decisions when face with a dilemma. The Business Conduct covers topics including: “Business Conduct guidelines, Advertising, Antitrust, Bribery, Communication, Company Assets, Conflicts of Interest, Environmental Laws, False Claims, Financial Integrity and Reporting and Related Internal Controls, Financial Services, Intellectual Property, International Trade, Personnel-Related Laws; Non-Discrimination and Harassment, Political and Lobby Activities, Privacy, Product Safety, Securities Laws, Vendor Standards, and Seeking Advice or Reporting Violations of Law or Company Policy” (Target, 2010, p. 5).

Control Procedures

The chief executive officer (CEO) and chief financial officer (CFO) with the support of management, and under supervision determine Target’s disclosure...