'Samsung\r'

'Samsung Electronics Co. , Ltd. and its subsidiaries Stevenson Saby & Lesly Castillo American Intercontinental University September 7, 2012 Nicole Pringle slip The for-profit organization of interest we selected is Samsung electronics co. , ltd. and its subsidiaries. We researched the unusual or conflicting accounting principle that has squeeze Samsung electronics co, Included in this research we present, a review and analyze the organizations published accounting statements of the last two historic period.Specifically, our research opus will: Identify the encumbrance functions of from each wizard department, their strengths and weaknesses, and specify recommendations for mendment, as appropriate. This paper Identifies and trace the underlying problems, Compares the substitute executes of action, Explain the effectuate at issues, Recommend options that would be consonant with the organization’s accounting practices, accounting processes, and accounting-rel ated departments. Last includes the last two years of published accounting statementsFrom its inception as a small export seam in Taegu, Korea, Samsung has grown to become one of the initiation’s leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration. Today Samsungs ripe and top quality products and processes are world recognized. This timeline captures the major milestones in Samsungs history, showing how the telephoner expanded its product lines and reach, grew its tax and commercialize share, and has followed its mission of making life develop for consumers around the world. SAMSUNG All rights reserved) To identify the core functions of each department, Samsung organization structure contain of Vice Chairman, US executive aggroup and a Board of directors. http://visiblebusiness. blogspot. com/2009/11/samsung-samsung-ar-2008. hypertext mark-up language Samsung has of late been involved one of th e largest unpatterned laws of its kind, orchard orchard apple tree tree Inc. has sued Samsung for $2. 525 cardinal for copyright invasion of the iPhone and iPad with Samsung’s Android technology smartness phones. apple claims, Samsung owes â€Å"substantial monetary damages” for when they illegitimately â€Å"chose to compete by copying Apple. ” You power hear some comments like â€Å"Apple is better â€Å"or what’s so good about Samsung. First permit’s identify, Samsung throughout the years has been real successful in providing consumers with innovative technology. Samsung has revenue of 247. 5billon, Assets of 384. 3 billion, Equity of 224. 7 billion and net income of 18. 3 billion with 344, 00 employees. Samsung Electronics Co. , Ltd. and its subsidiaries) Apple has pulled together 434 LTE patents in order to foresee a good threat from Samsung, correspond to reports on Tuesday. Samsung has vowed to sue Apple if, as expected, if it un veils an LTE-enabled iPhone 5 during the launch event flat confirmed for September 12. Anticipating this, Apple has been acquiring and developing enough LTE patents to combat the legal challenge, according to the Chosun Ilbo website.Samsung is planning to make the treat product category more absolute with unique technology called ‘Triple certificate proposition’ Samsung is the India’s official ‘ exceptional partner’ for the 2012 London Olympic and recently launched ‘Olympic Ratna Program’. This will offspring enhance brand awareness and subjoin the sales. Samsung Mobile and Home appliance has in store(predicate) plans of launching Customized products for Indian commercialise. This will improve the market share in rural market being that Apple is picking injections on a lot of their products.The Indian youth population is growing and spry phone sales is expected to emergence due to lesser call rates, Its fiscal position is st rong and there is a scope of entering into unrelated diversification. ii years published accounting statements 2011> http://www. samsung. com/us/aboutsamsung/ir/financialinformation/annualreport/downloads/2011/SECAR2011_Eng_Final. pdf (http://www. samsung. com, 2011) http://www. samsung. com/us/aboutsamsung/ir/financialinformation/auditedfinancialstatements/downloads/ consolidate/2012_con_all. df (Samsung, 2012) Samsung’s core functions of each department, their strengths and weaknesses were identified, recommendations for advantage were addresses. We hit on possible course of actions Samsung could take with the drop in market shares as well as the alternative courses of action. Samsung Has been in the Industry to long to make a mistake as large as they did in the lawsuit against apple but they are innovators and will pass over to make great products and make win as represented in the financial statements provided.\r\n'