Introduction Ethics and compliance play a tremendous factor in the overall success of an organization. They are excellent tactics for building organizational trust and transparency. Ethics and compliance empowers the organization to minimize risk and maximize your culture of integrity. (Global Compliance and Ethics, para. 1) In this paper we will examine the ethics and compliance of Pepsi-Cola. After obtaining the organization’s annual report and SEC filings for the past three years
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Report on Secretarial Standards Parth Haldia Introduction ! The Institute of Company Secretaries of India (ICSI) has also long back introduced some set of rules and norms, which are supplementary to the Companies Act, 1956, called as Secretarial Standardsí and popularly termed as SS. ! ICSI has been the first professional body in the world to start the process of setting Secretarial Standards for integration, harmonization and standardization of corporate secretarial practices. International
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Riordan Corporate Compliance Plan LAW/531 June 11, 2012 James Mc Phail Riordan Corporate Compliance Plan Riordan Manufacturing, Inc. Riordan Manufacturing is a global and international company that produces and sells plastic parts for the beverage manufacturing industry, automotive industry, aircraft manufacturers, and fan manufacturers. Riordan owns four major facilities in the United States Albany, Pontiac, Michigan, and Georgia. In addition, one joint venture located in
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Student ID: 082168461 The impact of the Sarbanes-Oxley Act on Corporate Governance and US Companies An examination to determine the impact of the Sarbanes Oxley Act, the costs and benefits of its implementation and how it has affected Corporate Governance and US Companies. Table Of Contents 1. Abstract...................................................................................................................... 4 1.1 Introduction .....................................
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the generally accepted accounting principle is that all companies report revenue using the same methods. Using the four elements of financial management, planning, controlling, organizing, and decision making, businesses can be successful. Using ethical standards of honesty, an organization can expect to remain in business. Generally accepted accounting principles (GAAP) is the standard that determines how accountants conduct reports (Kennan, 2014). The function of the GAAP is to ensure that companies
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thereto. Drafting of Opinion on various issues relating to Provisions of write off of export proceeds under RBI circular and FEMA regulations Passing of resolution by way of postal ballot under section 192A of the Act. Prep. of Corporate Governance Report and Directors Report. Detailed study on the Bankruptcy Law and Corporation Laws of United Statutes, Laws of Poland for Limited Liability Company Filing Petition(s) for shifting of Registered office
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Congress passed the Sarbanes-Oxley Act (SOX) in July of 2002, to restore public confidence in corporate America following the scandals at host of US companies including Enron, Arthur Anderson, Tyco, WorldCom and Global Crossing. The SOX has heralded a new era of transparency and accountability for corporate financial reporting (Bisoux, 2005). PCAOB stands for Public Company Accounting Overseeing Board. Restating from PCAOB's website, it is a nonprofit corporation established by Congress to oversee
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In order to develop an effective ethics program, it must contain certain items. It must first have a code of conduct to establish what is and is not acceptable behavior and to set a general corporate tone as to how employees are expected to conduct themselves. Second, it should have a high level corporate officer in charge of the program. This will also help demonstrate the importance of ethics to the corporation. Third, an effective and ongoing ethics training program is necessary to ensure
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implicating the best governance practices organizations should adopt to remain compliant with SOX. What is SOX? SOX was established in 2002 as an act to strengthen corporate governance and restore investor confidence. The most important conditional term was to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws and other purposes (Jennings, 2012, p. 212). Provisions under SOX affected organizations’ processes and changed how financial
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Introduction Apple dedicates its social corporate responsibilities in regards to a plethora of policies and governance in regards to: labor practices that builds the dynamics of employment and labor relations, employee benefits and workplace safety; supply chain management, strategic management regarding customer, legal compliance Apple defines the employment governance structure in the Supplier Code of Conduct and Ethics covering labor and human rights, health and safety, the environment, and
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