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Home Depot Operational Project

In: Business and Management

Submitted By Floridastudent
Words 8379
Pages 34
CONFORMING LETTER
Home Depot Inc.

Dear Home Depot Inc. Management, As a partner of KNAM LLC, it is my pleasure to present you with the results of our initial review. Included with these results is our assessment of Home Depot Inc.’s performance is our proposition of areas we’d like to review further to determine improvements, efficiency, functionality, and health of your organization.

Background

Your organization’s core service is in the DIY home improvement market. You sell goods that consumers need for home improvement as well as advice on said projects, contracting services, lawn and garden, and appliances and tools. Your organization was founded in 1978 with the purpose of providing DIY one-stop shopping. Since inception, Home Depot Inc. has grown to become a multinational company with foundations strongly in the United States with roots in the Canadian, Mexican, and Chinese markets. Shortly after inception, Home Depot Inc. enlisted on NASDAQ and the NYSE.

Your company has seen considerable growth in its main business as well as developments in subsidiary businesses and services. Home Depot Inc. has become one of the fastest growing retailers in America and as such, you would like to review the operations of your organization to determine areas of further growth and areas that may need to be leaner.

Objectives of the Operational Review

As a result of our initial review and interviews with your executive management, we believe that the objectives of performing an operational review of your organization are as follows:

1. Determine items of interest in the disclosure section in the Annual Reports that could be misleading to investors and violate GAAP. 2. Determine items of interest in the articles provided to shareholders and investors that could indicate areas of concern or deter investing

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