Corporate Social Responsibility as taken precedence in the way in which business operates, and now the focus is to hold businesses ‘ accountable’, which is defined by (Keohane, 2006), as a implementation or rules and exercising of power, within a particular domain, cited in How FIFA can be held accountable? Example, of such is the issues surrounding the governance is within FIFA, and holding them accountable for the governance of football and the issues surrounding the international organization
FRAMEWORK OF ANTI-MONEY LAUNDERING AND COMBATING OF FINANCIAL TERRORISM IN THE ECOWAS REGION By Oladeji Ifeoluwa Temilolu 1.0 Introduction Money laundering as a form of cross border crime involves the use of legal tender in a financial transaction in order to conceal the origin, source or destination of such legal tender derived through illegal means. The sole aim of every money launderer is to misrepresent to any law enforcement authority or agency that the source of the funds are clean
Bankers, Distinguished Ladies and Gentlemen! First of all I would like to congratulate the administration of Preston University Peshawar for organizing this Seminar. It was the earlier part of the 1990s when the inherent weaknesses of the banking structure were recognized and a comprehensive reform process in the banking industry was initiated. The underlying objectives of the initiatives were to ensure and create a level-playing-field environment of competition in the market and to strengthen the
Business Finance INDIAN INSTITUE OF FINANCE CORPORATE GUIDE: MR. ASHOK SHARMA ASST. MANAGER AGRA BRANCH, AGRA UTTAR PRADESH. ACKNOWLEDGEMENT Expressing gratitude is not just an exercise of formality rather doing so evokes the memories of my association with my mentors and mates. I thank Chairman Prof. J. D. Agarwal and Director Aman Agarwal for allowing me to carry out this project. I wish to express my sincere gratitude to my corporate guide, Mr. Ashok Sharma for guiding me to understand
she wants to update her business structure from that of sole trader to a more appropriate structure. She seeks the advice of her accountant who tells her that she has a number of options, all of which have advantages and disadvantages. What would be your recommendation to Mary and why? What factors would influence your advice? QUESTION 1 1- Issue- Mary, owner of a successful business is willing to expanding her business rapidly with the new business structure which could be more appropriate
prohibit unauthorized use of computer. The chairman of this committee was Senator Ribicoff introduced later in 1977 the Ribicoff Bill. This Bill was first proposal for Federal computer crime legislation in the U.S. that would specifically prohibit the misuse of computers. The Bill S. 1766 (95th congress) was cited the “Federal Computer System Protection Act of 1977”. The Bill was not adopted, but this pioneer proposal became the model legislation in the U.S. and created awareness all around the world
tackled with a more sophisticated multi-disciplinary approach (van der Merwe, 2008, p.61). In modern time there is more focus from protecting the 'container ' of valuables ( the computer is merely the modern equivalent of a bank vault), only instead of money or gold it contains data) to protecting the real valuables in most ICT crimes, namely the data contained in the computer, the cell phone 's GPS device and so on. (van der Merwe, 2008, p.63). The question then usually arises as to what types of criminal
charities. It is difficult in smaller charities to achieve a full segregation of duties. Trustees or managers should review reports of transactions or control checks independently of the person who normally undertakes the work. Disbursements of large money or investment on big projects must be done with at least two signatures. 2. Budgetary control - One of the most important financial monitoring activities is budgetary control, an assessment of whether the controls are relevant to, and appropriate
objective and guides the organization in a manner that makes it more coherent and cohesive. Corporate governance on the other hand refers to a manner, fact and act of controlling, directing and ruling the affairs of an organization, company, city or a country. It covers the association among different participants in establishing the performance and direction of corporations. According to Carcello (2009) the corporate governance process key players are stakeholders, management, and the board of directors
CORPORATE RISK MANAGEMENT ASSIGNMENT OPERATIONAL RISK MANAGEMENT (ORM) IN BANKS Risk is inherent in any walk of life in general and in financial sectors in particular. Till recently, due to regulated environment, banks could not afford to take risks. But of late, banks are exposed to same competition and hence are compelled to encounter various types of financial and non-financial risks. Risks and uncertainties form an integral part of banking which by nature entails taking risks. There