Corporate governance and risk management processes

Reference no: EM13184680

You have met with a potential client, who informs you that all the employees and officers of his company are bonded. For this reason, he is requesting that under these conditions that you not look at his company's system of internal control so his company may reduce the cost of an audit.

Prepare a letter to the potential client explaining the following:
• Why you can or cannot honor his request.
• The reasoning for your decision.
• The potential ramifications of your decision.
• Based on your choice of action, what the perceived corporate governance of the company would be to the public.

- Understand Corporate Governance, examine and describe recent failures in corporate governance, and identify actions that the public perceived necessary to improve the quality of corporate governance.

- Analyze internal control as an integral part of an organization's corporate governance and risk management processes.

Reference no: EM13184680

Questions Cloud

Explain how many ml of medicine x : How many mL of medicine X would you need to give a 100 g dose?

State what is the minimum volume of water needed : What is the minimum volume of water needed to recrystallize 50 mg of phthalic acid? How much phthalic acis will remain in solution after recrystallization?

State how does the rf value of a given metal ion : How does the Rf value of a given metal ion in solution by itself compare to its Rf value when it is in a mixture with other metals ions?

Why would this slice into capital spending : the rise of the dollar could batter the profits of some U.S. companies this year and slice into capital spending . a.which companies may have thier profits battered , and why b.why would this slice into capital spending

Corporate governance and risk management processes : Understand Corporate Governance, examine and describe recent failures in corporate governance, and identify actions that the public perceived necessary to improve the quality of corporate governance.

State what is the overall charge state for the tetrapeptide : What is the overall charge state for the tetrapeptide DREAM at physiological pH. The pK values for N-terminal, C-terminal, side chain of asp, arg, glu

Derive the equilibrium in quantities : where a > 1. In addition assume that the firms target own profit maximization, compete (simultaneously) in quantities and have marginal costs equal to c1 = c2 = c. Assume that 1 > c > or equal to 0. Describing the necessary mathematical steps, and..

What is the long-run average cost : A firm has a production function Q=F(K,L) with the constant return to scale, where k is units of capital and L is unites of labour.Imput prices are r=$2 per unit of K and w=$1 per unit of L.When it produces 5 units of output,it uses 2 units of cap..

Suitable price per meal for the auditorium : What would be a suitable price per meal for the auditorium to continue to have the Season's Restaurants supply meals? Explain your answer?

User Account

All Pages