Enhancing ethical behaviour and corporate governance

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Reference no: EM133334965

Assignment 1 - Enhancing Ethical Behaviour and Corporate Governance

You have been appointed as Communications Director for a large organisation. This is a new post for the organisation. The focus of your role is on ethical behaviour, corporate governance and corporate reporting. The Chairman of the Board is still uncertain about what value your role will offer. You should use the tasks in this assignment to convince her.

Your work should include a brief introduction to a large organisation of your choice
that meets the above requirements. It is essential that you develop your evidence in the context of your chosen organisation.

Task 1
The Chairman of the Board wants to understand the legal framework that affects the corporate behaviours and financial reporting of the organisation.
a) Analyse and evaluate THREE laws or practices that affect the corporate behaviours and financial reporting of the organisation
b) Explain what impact each of these would have on the organization's operations

Task 2
a) Explain the nature of accounting and professional institutes that represent accountants
b) Identify the role of the Board for your chosen organisation and explain its governance responsibilities
c) Evaluate how TWO risks associated with the corporate governance for your chosen organisation could be managed to achieve good corporate governance

Task 3
The Chairman of the Board want to be sure that the way in which financial reporting is presented is meeting the needs of stakeholders.
a) Evaluate the way in which your chosen organisation's financial reporting is impacting on a range of stakeholders

Task 4
The Chairman of the Board is beginning to accept the value of your role as Communications Director. She has asked you to address the following contemporary challenge.
b) Explain the significance of corporate governance and ethical behaviour for your chosen organisation
c) Explain and critically evaluate ONE contemporary ethical issue arising in relation to the organization's corporate activity
d) Evaluate TWO solutions that could be applied to overcome the issue you have identified
e) Explain how the issue and the solution could be communicated to stakeholders in an appropriate and understandable format

Assignment 2:

Task 1
a) Compare and contrast TWO accounting concepts or theories
b) With reference to ONE of your chosen concepts or theories, explain how your chosen organisation presents and uses accounting information
c) Evaluate TWO ways in which the accounting information of your chosen organisation could be exploited

Task 2
a) Evaluate the impact of TWO main regulatory frameworks on your chosen organisation
b) Critically analyse the impact of TWO specific accounting regulations on your chosen organisation

Task 3
a) Using the published financial accounts and other financial information you have gathered about your chosen organisation, explain how TWO contrasting accounting calculations have been implemented
b) Interpret the financial information gathered about your chosen organisation
c) Critically assess the financial position of your chosen organisation based on your interpretation of the financial information gathered

Task 4
a) Evaluate the accounting practices and policies applied by your chosen organisation.

Verified Expert

In this task we discussed about Corporate Governance and reporting in the context of BTC Group PLc. Further we discussed about The board of directors of an organisation should hold regular meetings, maintain control over the company, and have clearly defined roles as a result of good corporate governance. Additionally, a strong risk management system is ensured. One of the foundational elements of any successful company is corporate governance.

Reference no: EM133334965

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