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Module 4: Time for some introspection

Time Frame: The next three years

Vision's controller, Denise Charron, moves to England to run Dante Windows Limited. The new controller's first job is finalizing the financial statements in preparation for the year-end audit. Both Western and Vision are experiencing operational and financial challenges as evidenced by Vision's loss. The three shareholders realize they will not achieve their goal of taking Vision public unless more attention is focused on governance and strategic planning. In conjunction with making improvements in governance, Vision is considering a number of new investment opportunities including due diligence on another acquisition to further its expansion. As Vision is unable to secure financing with its bankers, it focuses attention on short-term cash flow management and approaches Brennan Brothers, a venture capital group, to provide additional financing.

Student Role: Controller of Vision

Module 4 Student Overview

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