Pepsi Cola Fin370 Wk2

Pepsi-Cola

FIN 370

Pepsi-Cola

Team B will assess the role of ethics and compliance over Pepsi-Cola’s (PepsiCO) financial environment. The team will analyze information obtained in PepsiCo’s annual report including the process used to comply with filing regulations to the Securities and Exchange Commission. The Company makes available the 10-K report to shareholders used to look at and evaluate financial performance for the past two years. The current, debt, return on equity, and days receivable are ratios that will evaluate and identify the company’s financial status. Then last, trends between the ratios will tell the story of the financial wealth of PepsiCo.

Through its corporate governance, PepsiCo holds strict standards over operations making the organization accountable for actions in an effort to deliver strong financial growth for shareholders. PepsiCo provides shareholders a strong return on their investments. The Company's approach to superior financial performance is owed to addressing three issues, human, environmental and talent sustainability (PepsiCo, 2008). By approaching these challenges, achieves business and financial success while leaving a positive imprint on society.

An Audit Committee is maintained for the purpose of providing oversight to PepsiCo, Incorporated Board of Directors on the corporation’s financial statements—the internal controls that govern the financial reports. With its financial expertise, the Committee members provide insight into compliance regulations regarding the Corporation’s financial reporting and disclosure process, disclosure requirements, and internal control systems. A vital task for the committee is keeping good communication with the Board involving independent auditors and their audit engagement agenda. The Committee reports any issues involving internal quality-control issues and investigation from government or professional authorities. The process assists the Board with oversight to...