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covers corporate auditing accountability and transparency. Affects how information is disclosed

You are the sole owner of the company.

Easy to create and inexpensive to operate.

All the profits belong to the owner who pays taxes according to their personal income.

Disadvantage: owner must raise all the capital for the business without the help of investors. Owner is liable for the debts. Company terminates when the owner dies.

Two people own a company. Shared talent, resources and risk. They receive all profits and pay taxes on what they report as income.

Disadvantage: All partners are liable for all debts and the company ends when the partners die.

Large, publicly-held companies that sell stock to raise capital. Stockholders are only at risk of losing the amount they have invested. The owners are the stockholders.

Profits of the corporation are taxed and each stockholders share of the profits are taxed.

Like a partnership but the owners are not responsible for the company's debt.

An organizational structure that describes a company's decision to acquire capabilities  that complement its current core competencies.

(example: an oil company acquiring refineries)

An organizational structure that describes the degree to which a firm owns the upstream or downstream supply chain components.

(example: a computer manufacturer purchasing a silicon chip manufacturer)

The ability to use financial and business information as the basis
for decisions that help and organization achieve success.

Understanding exactly how various organizations make money - and what differentiates one organization from its competitors.

Knowing the legal, political, and regulatory environment.

Understanding the basic economic trends and how they affect different organizations.

Search their Securities and Exchange Commission (SEC) filings

An annual report that provides a comprehensive overview of the company.

filed within 60 days after the close of the company's fiscal year

includes company history, organizational structure, equity, holdings, earnings per share, subsidiaries, etc.

companies list strenghts, weaknesses, opportunities, threats facing the company and its industry

A quarterly financial report containing unaudited financial data.

Due 35 days after the close of each of the first three fiscal quarters

Filed for unscheduled material or corporate events of importance to the shareholders and SEC.

This is a great report to read to determine if any significant problems the company may be facing (litigation, executive wrongdoings, or other problems).

May include problems facing the entire industry or product category.

Can provide an early warning for potential litigation against your company.

(sometimes referred to as Form Def 14A)

Produced for the benefit of shareholders prior to the Annual Maating of Shareholders so that they can make informed decisions about matters due to be discussed at the Annual Meeting.

Can include proposals for new additions to the board of directors, information on directors' and executives' salaries, information on bonus and option plans for directors and key managers, and any declarations made by company management.

Grew out of the Nazis

PR professionals who represent foreign governments must register with the US government. Must report under oath every 6 months.