Conduct of business regulation focuses on how firms conduct business with their customers and is designed not to ensure the safety and soundness of the institutions but to establish rules and guidelines about appropriate behaviour and business practices in dealing with customers. Describe five (5) rules and/or guidelines prescribed under the Securities Act and Regulations.

Q: 4 . The quality of an entity’s internal control affects not only the reliability of its financial…

A: Answer: Internal control should be strong for any entity so that there is reliability for the…

Q: Who appoints the internal auditor? a. Management b. Government c. External stakeholders d. Members

A: Internal auditor performs internal audit functions.

Q: efly explained the following key concepts below: A. Forensic Accounting B. Financial

A: Financial accounting primary objective is to generate financial statements like the balance sheet,…

Q: Describe the provisions of the Sarbanes–Oxley Act as they relate to the creation and…

A: The Sarbanes-Oxley Act is a federal law established to uphold and ensure strict auditing and…

Q: One of an accounting firm’s basic objectives is to provide professional services that conform to…

A: Definition: Quality control: Quality control is a set of guidelines that helps in ensuring that the…

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: What is corporate governance? List five corporategovernance provisions that are internal to a…

A: Corporate governance: It is the framework of laws, strategies, and forms that direct and controls a…

Q: Which of the following is the federal, independent agency that provides oversight of public…

A:

Q: Describe the organization of public accounting firms and the composition of the audit teams

A: Public accounting firms: Public accounting firms are service organizations providing specialized…

Q: Listed below are selected Rules of Conduct and ethical problems. Match the rule with the problem to…

A: Answer:- Rules of Conduct are the predefined regulations that outline expected behavior in a…

Q: What factors create a need for assurance services? Explain how these factors are important to the…

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Referring CFA Standards of Professional Conduct I(A): Knowledge of the Law, which of the following…

A: The CFA Standards of Professional Conduct I(A): Knowledge of the Law emphasizes the importance of…