During the process, BSG noted that the flow of information between the stakeholder groups was unclear, and that inconsistent information was being disseminated, which resulted in confusion and misunderstandings”. Evaluate this statement in the light of the investigations undertaken by the consulting company
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- You have recently obtained employment at RL Ltd. The manager of this successful medium sized business enterprise is keen to implement and formalize some ethical practices in the business. She asks you and your team provide detailed overview about a current ethical issue(s) which affects any well-known company of your choice. Required: Research and report on the unethical issue/s affecting the company Examine how the unethical issue/s has impacted the business Examine the company's ethical code of conduct or a statement of corporate social responsibility. To what extent is it following the code? Make recommendations on how the company could resolve the unethical issue/e and also how they can also improve the ethics of its operations.acme the rejected current regulator proposal what could be the possible alternative course of actions to get the contractAssume that you are a consultant advising the Chair of a Remuneration Committee - who oversees CEO and Executive remuneration of a listed company in Australia. As requested by the company’s shareholders and Board of Directors, you have been tasked to review the CEO compensation structure to fit changes in the current business environment.1. In response to the Covid-19 pandemic and uncertainties in business climate, what short-term and long-term considerations should the company observe in adjusting the CEO’s pay? Provide a rationale for theseconsiderations and support your discussions with relevant examples.
- In case there is an external source of funding, explain the ethical standards between the researcher and the sponsor. Examine the behavior of the sponsor in relation to ethical standards.What evidence was used to support the Government of Canada’s decision to reduce the use of bisphenol A in some food packaging?(a) What are the auditor's responsibilities for 'going concern assumptions’'? (b) Maxim Stewart is the partner in charge of the audit for a new client, Southern Southerland (SS). The client engaged Maxim's audit firm in November 2017, in preparation for the 2018 audit. From 30 January 2018 onwards, SS has consistently paid its suppliers late, well in excess of the suppliers' agreed credit terms. This has resulted in some suppliers demanding cash on delivery from SS. Maxim is also aware from his review of correspondence between SS and its bank that the company has been experiencing cash flow problems since 2016.Required: Identify any significant events or conditions that individually or collectively may cast significant doubt on SS's ability to continue as a going concern
- 73) GAO an agency of the US government Stands for government accountability office Identifies programs in the US government that have potential for fraud and abuse Both A and B Neither A nor BYou are a senior public relation officer. The citizens in the country are suffering financially due tothe prolonged pandemic. As part of the company’s corporate social responsibility (CSR), you arerequired to survey the needs of two (2) charitable groups. Then, propose three (3) suitable waysthe company can give back to the society.In your proposal to the head of public relation department,• state the purpose of your proposal;• identify two (2) charitable groups of your choice;• describe the needs of the two (2) charitable groups;• suggest three (3) ways the company can help the two (2) charitable groups;• provide details of the activities (such as cost, time needed, justification of its suitability,and manpower required); and• describe the benefits of those activities to the staff members and company. Provide two (2)benefits of those activities to the staff members and two (2) benefits of those activities tothe company.Your proposal should be about 800-1200 wordsL. P. Manning CorporationIn March 1991, the marketing division of the L. P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry.Although the new toaster was just an idea, the public responded favorably. In April of the same year, the vice presidents for planning, marketing, engineering and manufacturing all met to formulate plans for the development and ultimately the production of the new toaster. Marketing asserted that the manufacturing cost must remain below $70 per unit or else Manning Corporation would not be competitive. Based on the specifications drawn up in the meeting, manufacturing assumed marketing that this cost could be met.The engineering division was given six months to develop the product. Manning’s executives were eager to introduce the product for the Christmas rush. This might give them an early foothold on a…
- The Real Estate Settlement Procedures Act (RESPA) addresses which of the following requirerents? A) Discrimination in lending B) Sales of foreclosed properties C) Appraiser licensing requirements D) Mortgage origination and servicing disclosuresExplain Auditing in times of social distancing: the effect of COVID-19 on auditing quality proposed byAustralian Securities and Investment Commission (ASIC) in the following situations:1. What should be the focus areas for auditors under COVID-19 conditions?2. Should audit fees be reduced when reviewing other cost saving initiatives?3. Should an auditor delay their opinion until a limitation or uncertainty is resolved?4. What should be influence of COVID-19 and going concern assessment?The Board of ABC, a large drinks manufacturer, decided to set up an internal audit function. The proposal was appointing an internal auditor at mid-management level who would report directly to the finance director. ABC had recently expanded its product range, and this had created the need for greater control over internal activities. The need was highlighted by a recent event where internal quality checks were not carried out and thousands of units of production were wasted as a result. The board discussed whether to promote internally or appoint the new internal auditor from outside the company and they also expressed concerns over the authority the internal auditor may expect. Although they recognised the post as important, they believed too much authority might compromise the operational effectiveness of other departments. Required: a) Discuss the issues raised by the Board of ABC regarding the appointment of an internal auditor. In your discussion, recommend how the issues can…