In depth analysis of Financial Statements BP - 1143 Words

Question 1 1. ceo The corporate leadership team consists of individuals at the highest level of the organization who have executive power and have a great deal of responsibility. -the ceo: responsible for the entire operations of the corporation -reports directly to the chairman of the board of directors -implements broad decisions and maintains a smooth operation of the firm -develops annual objectives -ensures efficient acquisition and effective allocation of assets or company resources -ensures appropriate and timely disclose of material information with respect to the corporations business and affairs -specifically writes the ceo letter -must have a vision and provide leadership 2. Financial statements Financial†¦show more content†¦7. internal auditor The internal auditor is responsible for verifying work performed by the company emplotees whoare trained in auditing procedures, mainly used for internal control purposes but external auditors canShow MoreRelatedBps Corporate Social Responsibility1416 Words   |  6 PagesBP Case Study Although BP’s extreme profitability has led to their position within the Fortune 500 Index, their Deepwater Horizon oil spill in 2010 and subsequent contamination of the Gulf Coast caused many to question the company’s corporate social responsibility (CSR) methods. Although the company utilized numerous reporting standards to report their performance, adverse effects caused by the oil spill exposed weaknesses in the company’s strategies and continue to inflict social and environmentalRead MoreAnalysis Of John Wood Group Plc1736 Words   |  7 PagesThis report represents a fundamental analysis of John Wood Group plc with an aim to evaluate the share price of the company. The company is listed on London Stock Exchange and is a component of FTSE100. The company is currently traded at 541.00 p (as on closing of 13/01/2015). After detailed analysis of financial statements of the company along with deep understanding of business, the report recommends ‘BUYâ₠¬â„¢ for BP plc. The report analyzes the financials of John Wood Group plc thoroughly with theRead MoreCsr in British Petroleum and Exxon Mobil10051 Words   |  41 Pagesprofits. Leading the charge are the world s largest integrated oil companies: Exxon Mobil, BP, and Royal Dutch/Shell (Yahoo Finance, Industry Profile). British Petroleum (BP) is of one of the world s largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemical products for everyday items. Incorporated in 1909 in Great Britain, BP has transformed from a local oil company into a global energy group with four main businesses:Read MoreBp s Risk Management Practices3099 Words   |  13 PagesExecutive Summary The oil spill in the Gulf of Mexico in 2010 resulted in considerable damage to the environment, economy and human livelihoods. While BP, as one of the parties involved in the operation of the oil drilling on Deepwater Horizon rig, suffered huge financial loss and reputation loss, it was found to be the one to be mostly blamed due to its lack of risk management. As poor risk management can lead to an astonishing disaster like this, it appears to be necessary for every business toRead MoreDeepwater Horizon Oil Disaster Conflict3024 Words   |  13 PagesDeepwater Horizon Oil Disaster Conflict Kris Stephens BUS 5903 Conflict Resolution Dr. Jacqueline Gilliard Kstephens1@twu.edu August 22, 2010 Executive Summary British Petroleum (BP) is one of the largest oil companies in the world. They have recently been making the headlines for all the wrong reasons after suffering a record breaking oil spill in the Gulf of Mexico. Tony Hayward, former CEO, has been criticized for his handlingRead MoreBp Sustainability Essay28986 Words   |  116 PagesSustainability Review 2010 bp.com/sustainability 2 A letter from our group chief executive / 4 How BP is changing 6 Gulf of Mexico oil spill / 14 How we operate / 22 Energy future 30 Safety / 34 Environment / 38 Society Within hours of the Deepwater Horizon accident, BP teams were working to stop the leak. We also acted to minimize the spill’s impact on the environment by containing, removing and dispersing oil offshore, protecting the shoreline and cleaning up oil that came ashore. And weRead More3d Leadership Strategy Linked Leadership Framework For Managing Teams1732 Words   |  7 PagesARTICLE REVIEWED: Kunnanatt, T.J. (2016). 3D Leadership-Strategy-Linked Leadership Framework for Managing Teams. Economics Management and Financial Markets, 11(3), pp.30-55. Introduction The article, 3D Leadership-Strategy-Linked Leadership Framework for Managing Teams, by Kunnanatt James seeks to convince the reader that, in the contemporary dynamic global business environment, classic leadership theories albeit being successful in the past, cannot effectively address the challenge of providingRead MoreTnk-Bp: Tread with Caution10644 Words   |  43 PagesPage 35 TNK-BP: TREAD WITH CAUTION Christopher T. Bluhm, Saint Mary’s College of California Mary Vradelis, Saint Mary’s College of California Catherine Li, Saint Mary’s College of California Brett Threlkeld, Saint Mary’s College of California J. Tomas Gomez-Arias, Saint Mary’s College of California CASE DESCRIPTION The primary subject matter of this case concerns the management of international joint ventures. Secondary issues examined include: business in Russia; government’s intervention inRead MoreA Research Study On Global Warming5887 Words   |  24 Pagesinterest from the pursuit of further exploration and production of hydrocarbons, and between maintaining current business models that prioritize immediate profit and short-termism in capitalizing on fossil fuel market while it remains feasible from an financial profitability standpoint as well as from a return on energy investment perspective. Companies that promote short-termism in reaping maximum profit from the sustained growth in oil production may be caught off guard and suffer from potential climateRead MoreFinance5383 Words   |  22 PagesFINANCE 2 ASSINGMENT 2011-2012 Nikesh Hindocha (10044607) Part A. Introduction As part of my assignment, I have been asked to discuss the following statement â€Å"Mergers and acquisitions can be value destroyers or value creators†. A merger can be defined as when two equal businesses in terms of profit margin and status, combine in order to become one legal entity. Initially, the fundamental reason for this merge is to produce a company that is worth more than the sum of its parts