what is the role of an audit director in ensuring good corporate governance of a multinational company?

Q: While the principles of good corporate governance may be fundamentally the same for all companies,…

A: It is true that the company governance principles square measure universal each for each}…

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: Critically elaborate on the role and the balance of power of the Board of  Directors and the…

A: Board of Directors The main function and duties of Board of Directors which has the right to recruit…

Q: Given this, is the audit committee all that it is made out to be or is there still a case for the…

A: An audit committee is a subcommittee of the governing body of an entity, concerned with the quality…

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: Which one of the following is not the underlying principles of the corporate governance? Fairness…

A: Corporate governance means management of the corporate or companies with the help of rules,…

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: What purpose do audits and GAAPs serve in today’s business world?

A: GAAP are the generally accepted accounting principles which are followed by the companies in the…

Q: Which one of the following statements is true? A. Conflicts of interests between management and…

A: Usually, conflicts between a company's management and its shareholders are known as agency costs and…

Q: Using any of the defunct banks as a case study, justify how this definition is in line or deviates…

A: Corporate governance provides the structure through which the objectives of the company are set and…

Q: corporate gover

A: The link is given as,

Q: The objective of a system of corporate governance is to secure the effective, sound and efficient…

A: Investors care about the social and environmental governance factors of the company as much as the…

Q: Why should multinational companies be concerned about auditing issues? Think about this in the…

A: Audit refers to independent examination of financial or non financial information of any entity…

Q: Are accountants and auditors moral agents of corporations and society? Explain.

A: Moral responsibility means a liability of an individual to perform tasks in a moral or ethical…

Q: How can business benefit from a good corporate governance

A: Corporate Governance refers to the means a company is ruled. It’s the technique by that firm's…

Q: How can the Corporate Compliance and Governance contribute in the overall success of a certain…

A: Corporate compliance and governance can be defined as a system that helps in minimizing the…

Q: One of the key principles of good corporate governance identified by the Malaysian Code on Corporate…

A: This committee is formed by the board of directors to oversee the risk management policy and global…

Q: External auditing gives confidence in the integrity of corporate reporting for the benefit of: a.…

A: Auditing refers to the art of inspecting and investigating financial accounts of a company. It is…

Q: Explain how an audit committee could improve its effectiveness on internal auditor's internal…

A: The audit is defined as the independent examination and analysis of the financial statements of the…

Q: Explain two ways in which organizations might utilize their corporate transparency strategy to…

A: Corporate transparency refers to describing the organization's actions to the outsiders via the…

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: Explain the relationship between corporate ethics and internal control.

A: Corporate ethics: Corporate ethics are also known as business ethics. It refers to policies,…

Q: • Define concept of corporate governance and how important to international financial markets?…

A: International financial markets is defined as the market place, where the financial wealth are…

Q: What is Corporate Governance? Explain the Purpose of Corporate Governance.

A: Corporate governance consist of two terms one is "Corporate" and other is "Governance". The term…

Q: Which of the following BEST describes a Step-up practice related to Effective Audit and Risk…

A: Answer:   Following is the description of a Step-up practice related to Effective Audit and Risk…

Q: The key independent membership with the experience, skills, commitment and understanding focus of…

A: Solution: Audit committee must be composed of correct persons with the correct mindset (commitment)…

Q: a) One of the objectives of a system of corporate governance is to secure the effective, sound and…

A: i) - The audit committee’s tasks include reviewing the company’s internal controls and, unless…

Q: Business ethics is about managing ethics in an organizational context and involves applying…

A: Decision-making process: Decision making can be defined as the process of making choices through the…

Q: Which of the following statements is correct? A.The external auditor is responsible for the…

A: Introduction:- Accounting is the art of recording, measuring, classification, presentation and…

Q: One of the objectives of a system of corporate governance is to secure the effective, sound and…

A: An audit committee is the committee which is authoritative for taking the control of audit…

Q: Why should multinational companies be concerned about auditing issues? Think about this in the…

A: Auditor- An auditor is a specialist who examines and verifies the accuracy of financial papers in…

Q: One of the objectives of a system of corporate governance is to secure the effective, sound and…

A:

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: firms must audit their resources at the corporate level

A: Resources are the available economic items of the firm with which it can operate business.

Q: Explain the fundamental principles of corporate governance

A: Solution:- Corporate governance is the system of rules, practices, and processes used to management…

Q: a) One of the objectives of a system of corporate governance is to secure the effective, sound and…

A: i) The Audit Committee plays a key role in assisting the board to fulfill its oversight…

Q: When it comes to the smooth running of a company, what role does an auditor play? Using relevant…

A: For smooth running of the organisation the auditor must ensure that the company is complying with…

Q: What characteristics of the board of directors usually lead to effective corporate governance?

A: Corporate governance: It is the blend of laws, strategies, or laws that run, direct or oversee…

Q: Question 1 (i) Which of the following is not an appropriate definition of Corporate governance? A.…

A: ANSWERS HAVE BEEN GIVEN IN THE NEXT SHEET.

Q: What do you call the owned natural resources of a firm? What is a common set of accounting standards…

A: Natural resources of the business are those found in the environment, these resources are natural…

Q: ne of the objectives of a system of corporate governance is to secure the effective, sound and…

A: Inventory refers to materials such as raw materials, finished products, and in-process goods that…

Q: Explain the importance of corporate governance to publicly-held company in relation to any interest…

A: Corporate means company and governance means set of rules and regulations. So, corporate governance…

Q: cording to Dalls (2004) among the framework for understanding corporate governance mechanisms in…

A: Answer: According to (Dallas),2004 framework of corporate governance , International accounting…