Company audit occurs when there is need to examine the performance of a big company especially the financial and the accounting records over a given period of time. Professionals such as the certified public accountant always do the auditing. The audit of a company is significant in the verification of accuracy particularly in the accounting records. A company like coca cola will need an audit to help in verifying their

Short-term wins creation In this case, the insistence is on the enhancement of credibility for change through demonstrating gains made. In the case of News Corp, those who excel in change related initiatives could be rewarded and recognized going forward. Building on Change/Consolidation of Gains Here, quick wins should be taken as a beginning and not as an end. Hence in a way, victory must not be declared before the whole change process

In terms of infrastructure restructuring, when the technology company EarthLink, experienced financial difficulties and garnered a rating of underperforming by market analysts, it was suggested that it shut down or reduce some of its previously-proposed targets for expansion, divest some of its assets, and contain costs within its core connectivity enterprise through consolidating departments and cutbacks (Savitz 2007). Although limiting the company's scope for expansion might seem to be a

Restructuring within a large organization, or any organization, can be a very sensitive and often ambiguous process. One of the most important and vital aspects of restructuring is communication and how information throughout the entire process is relayed. It is also important for management or Human Resources to address all of the components pertaining to the restructuring and how it is going to affect all of the employees. Some of

Investors, however, are likely to see through these changes. The company's turnaround is striking, but many of the changes are listed in the annual report, the depreciation change in particular. The listing of that change on the statements was undoubtedly mandated by law, but the other changes were buried a little bit more. However, the investment community can reasonably determine that increasing payables is a sign of the company remaining

The company therefore needs to do what it can to help employees through the restructuring process. Furthermore, organizational restructuring includes identifying shortcomings in HR, and fill these with appropriate recruits from either outside or within the company. Finding appropriate candidates within the company itself may help existing employees to manage their change-related stress better. Downsizing on the middle management level means that fewer supervisors are available, and that more employees