newly enacted Companies Act, 2013 and also provide additional requirements to strengthen the corporate governance framework for listed companies in India. Most of the requirements under the New Clause are in line with the changes brought about in corporate governance by the Companies Act 2013. However, certain requirement under the New Clause goes a step further and imposes more stringent requirements of corporate governance to listed companies. The New Clause is based on the principle of ensuring equitable
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between regulatory bodies and corporate legal teams. It is no different internationally, with massive companies like Enron, WorldCom and Arthur Anderson displaying unacceptable capitalistic behaviour to such a large extent these companies have disappeared from the corporate landscape. Business in general, and industry sectors such as financial services, health, government and technology are no longer trusted fully and the sad truth is that business itself is to blame. Corporate executives – and specifically
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to thought Sri Lanka Telecom PLC Annual Report 2014 Welcome to Sri Lanka Telecom PLC Annual Report 2014 Our Vision All Sri Lankans seamlessly connected with world-class information, communication and entertainment services. Our Mission Your trusted and proven partner for innovative and exciting communication experiences delivered with passion, quality and commitment. Contents SLT at a glance 02 SLT’s year at a glance 05 About this report 07 Letter from the Group Chairman 08
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received confirmation of being the lowest bidder on the government project for NASA. They have 75 employees, making them susceptible to compliance with Affirmative Action laws, workers employed to their representation in relevant labor markets. Answering the Questions 1.) Supreme must submit an Affirmative Action Plan (AAP) because the Office of Contract Compliance Program (OFCCP) requires them to do so due to their number of employees and amount of their contract. They have 75 employees at Supreme
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Compliance in INDIA Kaiser Ahmed, Marlies Herzog OVERVIEW • • • • • • • • • Ahmed, Herzog General country data Corporate governance in India Corruption Jurisdiction & regulation Profit & investment repatriation Stock exchanges Setting up a business Employee compliance Points worth noting 06.11.2012 General Country Data • http://www.youtube.com/watch?v=oSGcTDCK Jx8 (Fresh up!) • 5.8% growth rate per year • World‟s 10th highest Nominal GDP • World‟s 3rd largest economy in terms
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| Financial Terms and Roles | Individual Assignment | | FIN/370 | May 7, 2012 Kristopher Karazassis | | Financial Terms and Roles Finance is concerned
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IS4680 Assess the Impact of Sarbanes-Oxley (SOX) Compliance Law on Enron 1. SOX Section 404 mandates that all publicly-traded companies must establish internal controls and procedures for financial reporting and must document test and maintain those controls and procedures to ensure their effectiveness. The purpose of SOX is to reduce the possibilities of corporate fraud by increasing the stringency of procedures and requirements for financial reporting. 2. Richard Scrushy first CEO charged
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Mohammed Sakhawat Hossain Assistant Professor, Faculty of Business & Economics, DIU Group… Assignment on INTERNAL CONTROL & COMPLIANCE FRAMEWORK FOR INTERNAL CONTROL SYSTEMS IN AB BANK Submitted to Mohammed Sakhawat Hossain Assistant Professor Faculty of Business & Economics Daffodil International University Submitted by Group Name: Group…….. Sec: A Batch:
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replace fixtures of his property if the fixture is not fit for its use due to wear and tear. (A.3) i) A compliance program is designed to identify and reduce the risk of breaching the Competition and Consumer Act 2010 and to remedy any breach that may occur. A successful compliance program will facilitate compliance within the organisation and help the company to become or remain a good corporate citizen. ii) It is advisable for companies to implement such a program because it decreases the risk of
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big surprise. Federal regulators and congress have been encouraging whistleblowers to step up in recent years, however more must be done. Regulators must continue to improve protection and incentives for whistleblowers to come forward. In addition corporate culture must change in its negative view of whistle blowing. Most importantly though professionals, especially accountants must understand that they are serving the public interest and thus must step up and reveal any fraudulent or unethical activities
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