or in the implementation of cor

Q: What is the role of the Public Company Accounting Oversight Board?

A:

Q: The agency problem underlies the need for sound corporate governance. In this context, the 'agents'…

A: The agency problem is a conflict of interest inherent in any relationship where one party is…

Q: Explain Stakeholder Theory. Discuss the roles play by the board of directors in the application of…

A: Stakeholders are people that are directly related to the firm. These include shareholders,…

Q: What responsibility would internal auditing go under? managerial accounting, tax accounting or…

A: There are different branch of accounting that help in the recording of transactions and analysis of…

Q: Briefly explain how regulatory agencies and legalsystems affect corporate governance.

A: Corporate governance is the set of rules and regulations controlling the operations of a company.

Q: corporate social responsibility

A: 1) Corporate social responsibility (CSR) is a term used to describe a company’s efforts to improve…

Q: What do the ASX Corporate Governance Principles say about having an internal audit function?

A: Internal audit is the auditing process of the internal processes of a company such as accounting,…

Q: Which of the following members of an organization has ultimate ownership responsibility of the…

A: Solution: The chief executive officer (CEO) has the ultimate responsibility for enterprise risk…

Q: Under the Public Financial Management Act, Audit Committees are required to play important roles in…

A: Audit Committees are required to play important roles in corporate governance and Accountability…

Q: “Relationship between corporate governance & auditing”.

A: Financial report: A financial report is prepared by the firm using the accounting standard and…

Q: What is management’s responsibility for reporting on internal control over financial reporting?

A: Internal control is a mechanism or procedure that the company implements so that the integrity of…

Q: Important of comply or explain model of corporate governance

A: The set of rules, methods, and practices for guiding and controlling market enterprises is referred…

Q: corporate governance principles

A: Corporate governance is an important aspect in accounting. We can say that corporate governance…

Q: a) What is a social contract and how does it relate to organisational legitimacy? b) Explain two…

A:

Q: hat is the difference between internal corporate governance to external corporate governance in…

A: Internal corporate governance: Internal corporate governance controls monitor activities and then…

Q: Why External Auditors are the better advocates for Good Corporate Governance? Please elaborate

A: Corporate Governance:  It is a system that directs and controls the functioning of the…

Q: corporate gover

A: The link is given as,

Q: Discuss the tension between Corporate Social Responsibility and the management's fiduciary duty to…

A: The management is the executives taking an acting decision on the behalf of the shareholders. The…

Q: Identify and explain the key models of Corporate Governance

A: There are mainly three models of corporate governance : 1. The Anglo-US model 2. The German model 3.…

Q: why is an active board of directors audit committee important to an organization?

A: Audit: An audit is an organized and self-regulated inspection of books of accounts. This inspection…

Q: should corporate governance practices be included as part of legislation or is it preferable to…

A:

Q: (ii) The oversight function of corporate governance is performed by: A. The company's board of…

A: The oversight function of corporate governance is performed by A. The company's board of directors…

Q: In what way Corporate governance is being applied in a government agency?

A: The corporate governance of the government authorities, through the provision of public services,…

Q: Reasons for the need for corporate governance codes

A: Introduction: Good corporate governance guarantees that the board of administrators meets on an…

Q: How do ‘audits’ work as a corporate governance mechanism

A: Introduction: An audit is an examination or audit by an auditor of various books of accounts,…

Q: How corporate governance and value based management relate to each other

A: Corporate governance is an important action which is used in different companies. It states the…

Q: Discuss the agency theory, the stewardship theory, and the stakeholder theory in corporate…

A: Corporate governance refers to the system which formulates the desired set of rules and regulations…

Q: How has the Sarbanes-Oxley Act had a significant impact on corporate governance?

A: Auditing: In auditing, auditors verify the correctness and fair presentation of financial…

Q: Independent and competent audit committee improves corporate governance

A: Audit committee is a group of directors who monitor the financial reporting activities in an…

Q: Why is an independent audit committee important to a company?

A: Auditing:   In auditing, auditors verify the correctness and fair presentation of financial…

Q: What is a social contract and how does it relate to organisational legitimacy? and Explain two ways…

A: A social contract refers to a way in which a business interacts with society. As per social contract…

Q: Discuss about the role of Corporate Governance in protecting the rights of the Shareholders.

A: Corporate Governance is a practice introduced by the market regulator for better disclosure and…

Q: What are the advantages and disadvantages of a ‘comply or explain’ model of corporate governance?

A: "Comply or explain" model of corporate governance - The purpose of 'comply or explain' model is to…

Q: Why do we need internal, external and government auditor in a company?

A: An auditor is a person who is authorized to review and verify the correctness of financial documents…

Q: what is the role of an audit director in ensuring good corporate governance of a multinational…

A: Corporate governance is defined as the systems of processes, rules and practices through which the…

Q: Explain the Purpose of Corporate Governance

A: Corporate governance means that the governance that involves the members of the board, governors,…

Q: Explain how internal auditors’ sensitivity to ethical dilemmas might be influenced by corporate…

A: Ethical issue:   Ethical issue refers to the situation or problem that requires an organisation or…

Q: Assess the financial impact of Corporate social responsibility in a company

A: Corporate social responsibility has a positive impact on financial performance of a company.

Q: the role of the Chief Audit Executive?

A: A chief audit executive or the head of the internal audit function in a company is a staff from the…

Q: How governance can be used in the Corporate Governance? Give appropriate examples.

A: Governance is the system by which an organisation is controlled and operates. It is mechanism by…

Q: how corporate social responsibility influence the financial position of smes in terms of…

A: To realize this objective, associate alpha study was conducted and knowledge were collected…

Q: What is the role of an internal auditor in enhancing good corporate governance

A: Internal auditor is an individual or firm which is internal to the organisation and he checks and…