The Walt Disney Company’s Ethics and Compliance - 1426 Words

The Walt Disney Company’s Ethics and Compliance Finance 370 November 19, 2012 The Walt Disney Company’s Ethics and Compliance The Walt Disney Company is the largest entertainment industry in the world. Many are familiar with Disney, due to its lifelong impact it has left on American society. Since the 1920’s the Walt Disney Company has forever impacted individuals around the world for its entertainment, including film, theme parks, and resorts. With the Walt Disney Company being the leading entertainment company around the world, it shows that its financial performance is one that has been secure since the birth of the company. While every person around the world enjoys entertainment, the Walt Disney†¦show more content†¦Walt Disney abides by the SEC regulations through technology, internal disclosure controls as well as internal controls over financial reporting. There are also independent accounting auditors who make certain that the controls are working as anticipated. The Walt Disney Corporation has standards just as well as any other corporation within the industry. The SEC requires Di sney to post every â€Å"Interactive Data Files,† to be submitted and posted pertaining to Rule 405 of Regulation S-T throughout the previous year† (The Walt Disney Company 2010). The Walt Disney Company complies with this regulation by presenting a section on their website offering historical SEC filings that include forms and proxy statements. Disney has a policy that every SEC reports needs to be signed by the senior management members to ensure that the filings are accurate and communicated to the other stakeholders of the Disney management team investors. A company’s management clearly acknowledges their liability for capable of accurate, reliable, and timely financial reports. This accountability is addressed through the firm making use of a well thought-out â€Å"internal control framework the Internal Control – Integrated Framework that has been delivered by the Committee of Sponsoring Organizations of the Tread-way Commission†Show MoreRelat edEthics and Compliance Paper1576 Words   |  7 PagesEthics and Compliance Paper University of Phoenix (online) Fin/370 Finance for Business The Financial World of Disney Everyone young or old recognizes the name Disney when mentioned. The theme park and vacation spots around the globe are famous for their attractions and tranquility; however, the customers of Disney do not know or care about the financial side of the financial giant. The 10K report is availableRead MoreDisneys Strategic Initiative Paper1708 Words   |  7 PagesDisney s Ethic and Compliance Paper Jennifer Banks-Milbry, William Coon, Shedrick Daniels, Gene Daughtry, Don Thomas, Victor Williams FIN/370 February 28, 2011 Troy Mahone Disney s Ethic and Compliance Paper Introduction The Walt Disney Company, better known as Disney, represents a premier name in family entertainment worldwide (The Walt Disney Company, 2011). Since the company 1923 beginnings, Disney has become a company with a worldwide market capitalization of more thanRead MoreFin 370 Ethics and Compliance Paper1222 Words   |  5 PagesEthics and Compliance FIN/370 Dec/14/2011 Ethics and Compliance â€Å"The mission of the Walt Disney Company is to be one of the world’s leading producers and providers of entertainment and information. 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Assess the role of ethics and compliance in your organization’s financial environment.   Ethics and Compliance are extremely important to the entire Disney Organization and are outlined in great detailRead MoreEthics and Compliance for Disney1555 Words   |  7 PagesFinancial Ratios and Ethics of Disney Finance for Business August 30, 2010 Financial Ratios and Ethics of Disney The Walt Disney Company is known far and wide as a major source of entertainment and the embodiment of family values. Throughout the years, Walt Disney studios have supplied millions with wholesome, child oriented entertainment with iconic characters such as Mickey Mouse, Snow White, and of course Alice in Wonderland. From humble beginnings, the Disney Company grew withRead MoreWalt Disney s The Disney Company2012 Words   |  9 PagesTyler Knight The Walt Disney Company Introduction History/background. The Walt Disney Company is a very large company with a very rich history. The company began as a cartoon studio in 1923, started by Walt Disney, and it was called the Disney Brothers Cartoon Studio. In 1928, the first animated film to star Mickey Mouse, Steamboat Willie, debuted in New York City. The following year, the partnership between the two Disney brothers was replaced by four renamed Disney companies. In 1932, the firstRead MoreWalt Disney Csr2234 Words   |  9 PagesCorporate Social Responsibility for the Walt Disney Company Analysis: Is The Walt Disney Company Socially Responsible? In my studies of The Walt Disney Company, I have found them to be a socially responsible company. The definition of corporate social responsibility goes as follows: â€Å"Corporate Social Responsibility is seriously considering the impact of the company’s actions on society.† (Carroll Buchholtz, pg 30). According to The Walt Disney Company’s website (WWW.Disney.com/corporate) the