Planning,Control, and Risk Research Paper Example | Topics and Well Written Essays - 1500 words

Planning,Control, and Risk - Research Paper ExampleIn 2011, Steve Jobs uncover the iCloud, which is an online storage for music, files, photos and softwargon in place of MobileMe. The connection is also looking forward to the environmental issues that emerge during the production process. Thus, the company has come up with the foremost of reducing the carbon emission during the production process. In spite of the rise in the revenue of the company over the years, the greenhouse gas emissions have trim back by 15.4% since 2008 in terms of per one dollar bill revenue ( apple Inc., 2012). Rate of Return Apple Inc. is a US based company and, therefore, deals in the US dollar value. Internationally, dollar is considered to be the standard scale in understanding the present status of the market. Therefore, both local as well as parent silver returns for Apple Inc. would be in terms of the US dollar. If the company invests in developing countries where the market is huge, then the ex ternal direct investments made by the Apple Inc. will turn out to be fruitful, as the exchange rates of foreign currencies with respect to US dollar are variable over the market. On taking a closer look we can observe that, as per the present US market, the rest of currencies of the countries in which Apple has invested are of a relatively lesser valuation. Thus, a deviation occurs with the gross margin and the net sales of the company when computation is done in terms of other foreign currencies. As inflationary pressures are faced by the economy at large, it is quite normal that exchange rate fluctuations occur. So the risk of exchange fluctuations still cadaver even if the company makes majority of its investment in the US dollar. Since the company has generated a maximum return from Asia Pacific, there rest a probability that the foreign direct investment made in this region of the world will tend to bring about more returns for the company. The market of Asia Pacific still r emains untapped in a lot of sectors which, if invested in, can generate profitable returns for the company. However, before investing in FDIs, Apple Inc. needs to measure all the elements of the monetary statement operating in functional currency. The company should also translate the current exchange rate from the functional currency to the reporting currency. Most importantly, the company should be able to assess the economic changes that are responsible for affecting the exchange rates over the net investment. The changes that are generally observed are on each item of assets and liability of the company over the years (FASB, 2012). Role of Accountants in Managerial planning process The accountant of an organization has a very important role in the operations of the company, based on which the managerial decisions are taken. In the process of accounting, the details of the most useful data related to the transaction of the business are recorded. If the accounting seems to have flaws, the decisions taken by the management may go against the success of the company. However, if all the rules of financial enter of a company are taken into consideration in the accounting of the organization, the managerial decisions taken on its basis may turn out to be fruitful for the company. The most vital role of an accountant is maintaining the books of accounts for the future planning of the organiz