Who is the CFO, and where does this individual fit into the cooperate hierarchy? What are some of his or her responsibilities?

Q: What is an agent, and what is a principal? Whatkinds of situations in companies give rise to…

A: Agent: The agent is the person authorized by the principal or business to act on behalf of them.…

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

A:

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: What is the concept of organizational culture and corporate culture?

A: Organizational Culture -  Organizational Culture means values and beliefs which guide how people…

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: Who is responsible to set policies on internal control? Chief Executive Officer Audit Committee…

A: Internal Control:- It is the process effected by a company's board of directors , management ,…

Q: What actions that shareholders can take to ensure that management’s and shareholders’ interests are…

A: Shareholders are individuals that own shares in the company and thus has some percentage in the…

Q: or in the implementation of cor

A: Auditing plays a key role in Corporate Social Responsibility (CSR) and corporate governance.…

Q: What is Corporate Governance? What are attributes and the importance?

A: Good corporate governance is beneficial to corporate success and economic growth in the long run. In…

Q: SWhat is the relationship between the internal control system and risk management with corporate…

A: Internal control means compliance of all rules, regulations, policies with the achivement of goals…

Q: Corporate governance is concerned with:

A: Corporate Governance is a set of principles, systems and, processes that make sure that a company is…

Q: What is meant by the professional designations CPA, CMA,and CIA, and how do these designations add…

A:

Q: How would you define business ethics?

A: Business ethics: Business ethics is a practice of suitable commercial rules concerning possibly…

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: Management's expert refers to an individual or organization, whose work is used by the entity to…

A: Management experts are the individuals who possess expertise other than accounting or auditing and…

Q: conflicts that might exist in the relationship between’ i) Shareholder and managers

A: Agency relationships are relationships which exists between two parties. One party called as the…

Q: corporate gover

A: The link is given as,

Q: What are the two primary forms of corporate governanceprovisions that correspond to the stick and…

A: It is a set of rules that direction and activities needed for achieving the objective of the…

Q: Explain the reasons for the need of corporate governance code

A: Corporate governance is the bedrock of any successful company. It refers to the procedures, methods,…

Q: How corporate governance is defined?

A: Corporate governance can be defined using the following points:

Q: What are the ethical responsibilities ofmanagement accountants?

A:

Q: How does the enterprise risk management influence the internal control detective identified?

A: Introduction: Control is a managerial function that aids in measuring actual performance by…

Q: What is the link between the internal control environment and accountability?

A:

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: What is the role of a corporate computer services department? How does this differ from other…

A: Corporate computer services department refers to that department which furnishes the technical…

Q: Can you give me interview questions about internal control of a company?

A: Internal Control:   Internal control, as defined by accounting and auditing, is a process for…

Q: What is corporate governance?

A: Corporate Governance is a framework that includes rules, processes, guidelines, laws to govern the…

Q: Explain how business ethics relate to internal control.

A: Internal control guarantees that management follows legal guidelines and sets the tone for the…

Q: definition of business ethics?

A: Answer: Concept: Business ethics is also known as professional ethics.

Q: Relationship between Corporate Governance and Risk Management

A: Risk-taking motivates companies to step forward to produce substantial gains. Profitability leaves…

Q: Who is responsible for overseeing corporate activities?

A: Concept Introduction:   A company holds the money invested by its shareholders and investors; hence…

Q: Who is the CFO, and where does this individual fit into the corporate hierarchy? Whatare some of his…

A: The Chief Financial Officer (CFO) is the executive person who is responsible for managing the…

Q: What is the possible agency conflict between inside owner/managers andoutside shareholders?

A: Agency conflict: The conflict of interest of two parties one which is the principal and other which…

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 are management's and auditors' relative internal control responsibilities

A: Introduction:Management establishes internal controls. To preserve the integrity of the financial…

Q: Describe Corporate Gvernance?

A: Corporate governance is the set of rules, procedures, and processes that guide and control a firm.…

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: What are some of the responsibilities of the Chief Financial Officer (CFO)?

A: Chief financial officer is highly responsible position in the company and main duties are related to…

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 role do management accountants play in assisting with strategic decisions?

A: The role of management accountants play in assisting with strategic decisions:

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: Which of the following terms can be defined as "the shared experiences, stories, beliefs, and norms…

A: Corporate culture refers to the shared values, attitudes, standards, and beliefs that characterize…

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: Which of the following best describes the role that corporate governance plays in a company?

A: