StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Vectren Corporation Audit - Assignment Example

Cite this document
Summary
This paper outlines that excludes a $21.1 million, or $0.26 per share, after-tax loss from Coal Mining in 2014, the year of disposition. Reported results for 2014 were net income of $166.9 million, or $2.02 per share. The dividend payout ratio and the return on average shareholders’ equity…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Vectren Corporation Audit
Read Text Preview

Extract of sample "Vectren Corporation Audit"

Download file to see previous pages

Based on reported results, the dividend payout ratio and the return on average shareholders’ equity for 2013 were 86% and 8.9%, respectively.Under the Vectren At-Risk compensation plan, the company may prefer to acquire more shares on the open market during the fiscal periods when there are no limitations on the internal transactions to fulfill these obligations.The effective January 1, in the year 2015, the Compensation and Benefits Committee of the solemn Board of Directors issued approximately 169030 performance-based units to the management.

Moreover, the Vectren Company is expecting to grant an absolute additional 172,069 performance awards measured at the time of the three-year performance period that will end as at December 31, the year 2014, which do not vest with the inadequate exceptions up to December 31, 2015. Unfortunately, these facts are not included in the table structured with the issues on the fiscal year.The footnote generally plays various fundamental roles in documents that will be analyzed further to acquire some information or rather to guide in a particular research.

A footnote is always a tool that is used for referencing in documents (Pierce, Sarah, and Julie, 88). Some of the major purposes of the footnote include the following:Provision of additional information on an element or subject that has been mentioned in the main text or document but the elaboration of the element or subject is a little bit shallow in the main text. The footnote will, therefore, create a broad explanation on the subject in order to facilitate proper understanding thus accurate interpretation for anyone who will access the document.

Footnotes also provide references used in the text or document in order to enable the readers to acquire more information from the journals or books quoted in the document in order to avoid cases of plagiarism.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Vectren Corporation Audit Assignment Example | Topics and Well Written Essays - 750 words”, n.d.)
Vectren Corporation Audit Assignment Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/business/1690130-audit-report-paper-2
(Vectren Corporation Audit Assignment Example | Topics and Well Written Essays - 750 Words)
Vectren Corporation Audit Assignment Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/business/1690130-audit-report-paper-2.
“Vectren Corporation Audit Assignment Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/business/1690130-audit-report-paper-2.
  • Cited: 0 times

CHECK THESE SAMPLES OF Vectren Corporation Audit

Strategic Audit of Telus Communications and Shaw Communications

Strategic audit of Telus Communications Name of Student University Table of Contents Table of Contents 2 Current position of Telus Communications 3 Market Share of Telus Communications 3 Marketing strategy 4 Competitors of Telus communications 4 Rogers Communications Inc 5 Current position of Rogers Communications Inc 5 Bell Canada Inc (BCE) 7 Shaw Communications 7 References 12 Current position of Telus Communications The revenue of the company had increased from $9....
4 Pages (1000 words) Essay

Strategic Audit of a Corporation - Swot Analysis of Sony Playstation

Name: Instructor: Course: Date: SONY PLAYSTATION: SWOT ANALYSIS Company Background Sony corporation is one of the oldest electronic companies that was founded in 1954 by Akio Morita and Masaru Ibuka in Tokyo, Japan.... The corporation was initially named Tokyo Telecommunications Engineering corporation.... Sony is a multinational corporation that has emerged as one of the most respectful and successful firm in the field of electronics....
5 Pages (1250 words) Assignment

Similarities and differences between action research and audit

Action research and audit are the two sides of the same coin.... heir skills and expertise are honed through practice, training and perseverance … Action research and audit appear to be two sides of the same coin.... n interesting fact concerning these two disciplines is that action research of audit improves auditing, and auditing of action research helps to remove the dross and improve the quality of the research.... audit is done internally and by external professionals....
3 Pages (750 words) Essay

The Audit Expectations Gap

he management of the corporation resolutely focused on maximising profits and a 'legal obligation to act in the best interests of its shareholders.... By and large, this excluded the corporation to act ethically or socially responsibly'(Slapper and Tombs, 1999).... The new era of globalise businesses and increased awareness in the stakeholders have given importance to the notion of auditing....
4 Pages (1000 words) Essay

United States Surgical Corporation Audit

nbsp;… According to the report, United States Surgical corporation audit, during the 1981, Ernst & Whinney resigned as the audit group of United States Surgical Corporation due to a discrepancy made in the audit to mold and dies tooling.... This article highlights that identify audit procedures that, if employed by Ernst & Whinney during the 1981 USSC audit, might have detected the overstatement of the leased and loaned assets account that resulted from the improper accounting for asset retirements....
4 Pages (1000 words) Article

Business Ethics and Technology Opportunities

1.... There is an opinion that the complications of business ethics in the United States don't always seem to take precedence unless a new scandal makes it noteworthy and topical.... This issue is increasingly important in this age of consumerism, rapid technological development and high level of natural resources consumption....
3 Pages (750 words) Essay

Strategic Audit of Caterpillar Corporation

In the paper “Strategic audit of Caterpillar Corporation” the author analyzes strategic objectives of Caterpillar Inc.... Natural physical EnvironmentCaterpillar corporation Inc.... He provides a business model, which helps in driving superior results and in maximizing business life cycle benefits by developing enhanced systems....
6 Pages (1500 words) Research Paper

Gary and Gretas Corporation

The paper "Gary and Greta's corporation" describes that Gary and Greta have operated a loss for the previous five years meaning that their total expenses exceed the total income hence having a loss for purposes of tax.... nbsp;… The corporation is an entity that is legally established under company's laws.... Qualities as a corporation for purposes of tax are based on the form of companies in most taxing jurisdiction (as defined in section 448(b) (2)....
2 Pages (500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us