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PEPSICO - Evan Burk Jeremyah Nelson and Cheree Wolf FIN/370...

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Evan Burk, Jeremyah Nelson, and Cheree Wolf FIN/370 April 14, 2011 Michael Dimond
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PEPSICO: An Analysis of Ethics, Compliance, and Financial Performance In an effort to understand the role of finance in business, this team of researchers has decided to begin with the financial reports of PEPSICO, INC. The first item the team will address is the role of ethics and compliance in the financial environment, followed by the process by which the organization complies with the regulations of the Securities and Exchange Commission (SEC). Next, the team will evaluate the financial performance of PEPSICO by calculating several financial ratios and discussing the trend for each of these ratios. Finally, the team will analyze what these ratios tell us about the financial health of the PEPSIC, INC. Ethics and Compliance The business entity of PEPSICO, INC. has made ensuring ethical behavior an integral part of the company’s operations. One of the ways this is being accomplished is with their commitment to what they call Performance with Purpose. PEPSICO is of the belief that a successful future for the company begins with a healthier future for all people and the planet. PEPSICO’S sees their responsibility to this healthier future with human, environmental, and talent sustainability goals (PEPSICO, 2010 ). These goals include building a balanced variety of wholesome foods and beverages, finding innovative ways of reducing the use of energy, water, and packaging, and by partnering with the local farmers, governments, and community groups where they operate. PEPSICO also demonstrates ethical behavior in the reporting of its financial information. Contained in the 10-K report is a statement to shareholders regarding the internal controls in place over financial reporting. These internal controls are said to be monitored through self- assessments and an ongoing program of internal audits. PEPSICO maintains that the disclosure controls and procedures are designed to ensure that information required to be disclosed in
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reports under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the specified time periods. Item 9A of the 10-K titled
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