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What are 2 of the principles that surround corporate governance?

Corporate governance is the process that owners and other major players surrounding an organization are held accountable to for the company’s requirements and resources. Corporate governance can also play a big role in the audit process. Research corporate governance and auditing and answer the following questions:

What are 2 of the principles that surround corporate governance? How do they tie into the recent legislation that was put into place to resolve ethical challenges and changes within the last decade?

The Generally Accepted Auditing Standards (GAAS) are based upon 10 audit guidelines that fall into 3 categories. Briefly describe the 3 main parts of the audit, and give examples of what activities would occur in each category.

Describe the role of the audit committee. Include the outside directors in your discussion. Compare and contrast the oversight responsibility and the primary responsibility of the audit committee.

Explain how the Sarbanes-Oxley Act impacted the auditing profession.

Describe the key role of the PCAOB.

Do you feel that it has met its objective?

What—if any—changes would you want to add to the scope of the PCAOB?

What is social media?

1. What is social media?
2. What constitutes social media?
3. Needs of social media in the workplace ?
4. Explain how Facebook, Twitter, Instagram, pinterest, LinkedIn and YouTube are helpful in the workplace.

5. How to select social media for business?
6. How does businesses use social media?
Risks associated with employees use social media?

7. Why are there social media policies?

8. What are the best practices for policy implementation?

According to Ridley, how might the Ideal Experimenter effectively be persuaded to conform to non-utilitarian standards of experimental practices?

Read Aaron Ridley’s article “Ill-Gotten Gains: On the Use of Results from Unethical Experiments in Medicine” (Public Affairs Quarterly 9, no. 3 [July 1995]). Ridley examines the question of whether to make use of beneficial results that were obtained unethically from medical experiments performed on human beings. While many would probably say that such benefits should not be withheld, Ridley suggests it would be inappropriate to make use of such results. Given his article, address the following questions:

  1. In your own words, explain Ridley’s argument based on utilitarianism and the Ideal Experimenter. According to Ridley, how might the Ideal Experimenter effectively be persuaded to conform to non-utilitarian standards of experimental practices?
  2. In the end, do you think Ridley’s argument succeeds? Suppose some researchers performed experiments on children in which many of them suffered and died, but in the process, the researchers obtained information that could wipe out cancer. Should they use that information?
  3. Ridley presents two reasons for not using the results of unethical experiments that he believes are not effective: respect and condoning. Why does he think these fail? Do you agree with him? If not, give an example in which you think an appeal to respect or condoning would be successful in arguing against the use of such results.