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In the aftermath of the collapse of financial institutions like Lehman Brothers and audit deficiencies of investment banking firms, a great deal of attention has been devoted to requiring mandatory auditor rotation. Some critics of the audit profession are concerned about a breakdown in external auditor independence, objectivity, and professional skepticism.
Others point out the inherent conflict of interests in the "issuer pays" model for auditing firms. Kenneth Daly, president and CEO of the National Association of Corporate Directors (NACD), told the PCAOB in its hearings on these matters that there should be a rigorous annual evaluation of the external auditor led by the audit committee, endorsed by the board, and communicated to shareholders.
Do you think such an annual process negates the need to consider mandatory auditor rotation? What are some of the possible unintended consequences of instituting a mandatory auditor rotation requirement? What are the costs and benefits of mandatory auditor rotation from an ethical perspective?
Do you believe auditors should be required to rotate off a client's audit engagement after a specific period of time? Why or why not?
Learning contract proposal that will form the basis of your learning contract report.
"Change is the only constant " Evaluate the different types of change that have occurred in Sony.
How do advertisers try to use group influence? Will you find any specific examples and explain the relevant theory of group behavior and influence?
You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.
The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.
Find not only the optimal production quantities, but also the optimal total cost.
Describe the management process and identify the skills required to manage business organizations.
Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.
Demonstrate understanding of the many-sided nature of knowledge management
Write a paper on Historical Trends of Management.
Theory of Planned Behavior and Integrated Behaviors Model
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