Evaluate the role of regulatory frameworks in shaping corporate governance practices. How effective are current regulations in Grenada in ensuring transparency and accountability in corporations? Discuss the strengths and limitations of these frameworks and suggest potential reforms that could enhance their effectiveness

How can a financial auditor use the following topic in his future work? Analyze the roles of the parties that contribute to corporate governance, recognizing that each has its own internal governance structures Evaluate the prescribed roles and responsibilities of the parties involved in corporate governance against their real-world manifestation Recognize both the motivations of and temptations faced by those involved in the governance process and evaluate them against processes and controls aimed towards ensuring ethical behavior and transparent, high-quality reporting. Distinguish form from substance as it relates to parties exercising control over an entity and learn to apply this knowledge when evaluating a variety of different accounting and auditing matters Dissect elements of certain seminal accounting and auditing events in order to evaluate their effect on the corporate governance landscape.

Share your views on how auditing as a function can improve sustainable business practices, including ethical conduct. In your discussion, highlight the state of audit practices in Ghana vis-a-vis sustainable business practices and ethical conduct and suggest a conceptual framework of how the existing legal regime can interact with auditing to achieve the United Nation SDG goals. (2500 words needed).

Question: In corporate governance, what is the primary function of an audit committee? A) Financial statement preparation B) Internal control evaluation C) Marketing strategy development D) Employee training and development

Which of the following is the federal, independent agency that provides oversight of public companies to maintain fair representation of company financial activities for investors to make informed decisions? A. IRS (Internal Revenue Service) B. SEC (Securities and Exchange Commission) C. FASB (Financial Accounting Standards Board) D. FDIC (Federal Deposit Insurance Corporation)

Who should set accounting standards? A government agency or private body such as the FASB?