1. What is Corporate Governance? Explain the Purpose of Corporate Governance. What are the main pillars of Corporate Governance as per the Code of Corporate Governance for Public Listed Companies in Oman? (300 words)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Answer the following Questions:
1. What is Corporate Governance? Explain the Purpose of
Corporate Governance. What are the main pillars of Corporate
Governance as per the Code of Corporate Governance for Public
Listed Companies in Oman? (300 words)
2. As per the Capital Market Authority of Oman, explain the
principles on Board of Directors' Formation, Roles and
Responsibilities (200 words)
3. Explain in details and with examples the threats to compliance
to the Fundamental principles of professional ethics.
What are the safeguards against such threats with regards to
i) Safeguards created by the profession, legislation or regulation
and
ii) Safeguards in the work environment
( 500 words)
Transcribed Image Text:Answer the following Questions: 1. What is Corporate Governance? Explain the Purpose of Corporate Governance. What are the main pillars of Corporate Governance as per the Code of Corporate Governance for Public Listed Companies in Oman? (300 words) 2. As per the Capital Market Authority of Oman, explain the principles on Board of Directors' Formation, Roles and Responsibilities (200 words) 3. Explain in details and with examples the threats to compliance to the Fundamental principles of professional ethics. What are the safeguards against such threats with regards to i) Safeguards created by the profession, legislation or regulation and ii) Safeguards in the work environment ( 500 words)
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