Ethics Auditing: Identify the benefits and limits of ethics auditing. Is there a strategic role that ethics auditing may play in a company? Ethics Auditing By definition‚ an ethics audit is a “systematic evaluation of an organization’s ethics program and/or performance to determine its effectiveness.” (1) This concept of ethics auditing is fairly new and few companies have conducted an ethics audit. However‚ performing such audits will likely become more mainstream as recent legislation encourages
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« OECD Strategic Response to the Financial and Economic Crisis CONTRIBUTIONS TO THE GLOBAL EFFORT OECD Strategic Response to the Financial and Economic Crisis CONTRIBUTIONS TO THE GLOBAL EFFORT ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT The OECD is a unique forum where the governments of 30 democracies work together to address the economic‚ social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments
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in recent years in the role of the audit committee as a key corporate governance mechanism. Corporate governance committees and regulators around the world have addressed the need for effective audit committees‚ with many requiring that listed companies must have a committee (European Union (EU) 8th Company Law Directive‚ 2006; Smith Report‚ 2003; United States (US) Congress‚ 2002). Recognising that the existence of a committee does not guarantee that the committee will be effective‚ attention
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INTERNATIONAL FINANCIAL REPORTING STANDARDS(IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries. They are a consequence of growing international shareholding and trade and are particularly important for companies that have dealings in several countries. They are progressively replacing the many different national accounting standards. The rules to be followed by accountants to maintain books
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SAFETY & HEALTH IN CHEMICAL INDUSTRY In the present global industrial scenario‚ for any industry to be successful‚ it is essential to inculcate safety culture‚ consciousness in health and environment aspects in each personnel of an organisation. IFFCO-AONLA has identified this as a major thrust area since beginning and is continuously putting efforts for improvement in the Safety‚ Health and Environment Management. N.C. Nigam‚ A.K. Maheshwari‚ N.P. Rao Indian Farmers Fertiliser Co
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FINANCIAL ANALYSIS & REPORTING Accounting‚ Law‚ Finance & Economics Department EDHEC M1FE ANNÉE SCOLAIRE / ACADEMIC YEAR 2012-2013 Intervenant/Lecturer: Amandine GERARD 1 Financial Analysis & Reporting Part II : Ratio analysis and valuation methods following 2 Course Outline I. 1. 2. Ratios analysis Profitability analysis Risk analysis II. 1. 2. Peers Valuation Method Firm value multiples Equity multiples III. 1. 2. Value creation method Value based management
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CheckPoint Crime Reporting and Rates Response What is the purpose of the major crime – reporting programs? What makes a successful crime reporting program in the U.S.? The purpose of major crime – reporting programs is to keep track to see if crime is decreasing or increasing in the various communities. Also to keep track of the heaviest crime stricken areas to determine if police patrol needs to be increased. Also to keep track of which crime is being committed the most in the various communities
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<center><b>Essay Topic: Discuss the motives of the Committee of Public Safety and the role they played in the running of France (up to 27 July 1794)</b></center> <br> <br>"Anarchy within‚ invasion without. A country cracking from outside pressure‚ disintegrating from internal strain. Revolution at its height" This was the country the Committee of Public Safety ("The committee")‚ inherited and it was announced their mission by the Convention‚ to "create a viable (republican) state amid political turmoil"
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4. Assurance on CSR/Sustainability reporting a) In recent years there have been a growing number of organisations voluntarily reporting on their non-financial performance. KPMG’s International Survey of Corporate Responsibility (2011: 6) found that: ‘95% of the 250 largest companies in the world (G250 companies) now report on their corporate responsibility (CR) activities‚ 66% of non-reporters are based in the US.’ There has been a growing trend in companies (especially in Europe) wanting to
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boards of directors. Social Reporting Corporate social reporting is referred as the process of communicating the social and environmental effects of economic organisations ’. The reporting is also a form of corporate self-regulation integrated into a business model. Its policy functions as a self regulating mechanism whereby business monitors and ensures its active compliance with the spirit of the law ethical standards and international norms. Corporate social reporting is consequent to increasing
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