Discuss the nonprofit organization's handling of budget and fundraising transparency, specifically regarding its adherence to established codes, principles, and ethics of the industry
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Discuss the nonprofit organization's handling of budget and fundraising transparency, specifically regarding its adherence to established codes, principles, and ethics of the industry
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- Explain the role of internal controls in preventing and detecting business fraudThe board of directors of Megacorp Berhad, a public listed company comprises of executive directors as well as independent and non-executive directors. The Chief Executive Officer (CEO) is also the chairperson of the board of directors. A study shows that the lack of separation of the CEO and the chairmanship of the board of directors has led to the board being aligned to the management rather than the shareholders despite the presence of the independent non-executive directors. In addition, the study also shows that companies which have CEO duality are likely to have lower shareholder returns. The independent non-executive directors of the company subscribe to the view that directors have a legally mandated fiduciary duty to their shareholders to maximize the profit of the company. Thus, to them, ethical standards are less important than legal standards in the pursuit of making profit. (a) Describe the specific contributions that independent non-executive directors could make to…Describe the purpose of budgeting, including how it helps achieve the desired outcomes of a healthcare program
- Explain the difference between being licensed and being registered. Being licensed means finding a sponsoring broker; being registered means passing the state exam. Being licensed means passing the state licensure exam; being registered means registering your information with the DBPS and showing up as "active" on their website. Being licensed means completing your pre- licensing education; being registered means passing the state exam. Being licensed means passing the state exam and signing up with a broker; being registered means completing your post-licensing educationDiscuss the role of securities law in regulating the issuance and trading of stocks and bonds, as well as the legal obligations of companies in providing accurate and timely financial information to investors."The Board has adopted Corporate Governance Policies to ensure that the Board has the necessary authority and processes in place to review and evaluate our business operations as needed and to make decisions that are independent of our management. These policies include practices the Board follows with respect to its composition and selection, regular evaluations of the Board and its committees, Board meetings and involvement of senior management, senior management performance evaluation, and Board committees and compensation" Is a member of senior management present at all full Board and Board Committee meetings? Group of answer choices a) Yes b) It depends c) No
- The Sarbanes-Oxley Act includes additional communication requirements for auditors of public companies. true or false?What are good examples of disciplinary actions for breach of the code by the American Institute of Certified Public Accountants (AICPA) Professional Code of Conduct.How should CPA's evaluate risks to integrity and objectivity when considering providing gifts to audit clients and/or client management or accepting risks from them?