Publicly traded companies such as Verizon Communications are required to prepare and file fully audited financial reports according that adhere to U.S. generally accepted principles (GAAP) and International Financial Reporting Standards (IFRS) guidelines. The importance of preparing financial reports is to assist users with information regarding a company’s financial performance to make decisions. Financial reporting analysis helps to determine whether financial reports have any material misstatement or omissions that would influence a potential investor’s decision. An analysis of Verizon Communications’ 2015 annual report will highlight whether the company is complying with accounting policies to ensure information provided ...
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Introduction: Organizational Change 3
Importance of Organizational Change 3 Company Overview: Verizon Communications Inc. 4 History 4 Present Scenario 5 Diagnosis 6 Kotter’s 8-Step Approach 7 Sense of Urgency 8 Guiding Coalition 8 Strategic Vision 9 Communicating Vision 9 Remove Barriers 10 Short Term Wins 10 Sustain Acceleration 11 Conclusion 12
References 13
Introduction: Organizational Change Change is consistent in nature. A business undergoes many changes during a course of its operation. The change may be due to political, technological, economic or other reasons. To survive and flourish in operations, the business should adapt itself to meet the change successfully. The organization can adapt ...
Verizon Communications Inc. Financial Statement Analysis
Verizon Communications Inc. Financial Statement Analysis
This financial statement analysis project focuses on Verizon Communications Inc. Verizon Communications Inc. is a publicly traded American broadband telecommunications company with operations in about 150 countries globally and in about 2,700 cities. At the time of presenting this financial statement analysis document, Verizon Communications Inc. traded at a market price per share of $56.50 with a market capitalization of $229.21 billion (Yahoo Finance, 2016). The company’s main competitor has been AT&T. It operates in the telecommunications industry and has it main products including the telephony services, data services, and television ...
Company 1: AT&T, Inc.
Brief History: AT&T, Inc. is one of the leading telecommunications and broadband companies in the USA. It is the largest provider of fixed phone lines and the second largest mobile phone provider in the U.S. AT&T also offers broadband subscription TV, Internet, sells handsets, computers, and provides other similar services and products. The company has a long history dating back to the foundation of the Bell Telephone Company by Alexander Bell in 1877. In 1885, it established a subsidiary American Telephone and Telegraph Company (AT&T), which acquired the Bell Telephone Company and became a parent in 1899. The influence ...