Discuss and explain the expectations gap. In your answer include how it relates to both the finance and accounting professions and its importance.  -List and explain the 3 of the 5 fundamental principles of ethics for members in relation to APES110. -Outline and explain the 3 steps of the conceptual framework of APES110 developed to assist members to manage threats associated with companies with fundamental principles -Explain with examples the use of safeguards in relation to the conceptual framework and the fundamental principles of APES110

Action that is carried out when the director of a company in the energy sector has decided to invest part of its surplus in an organized stock market, however, this would not be reported to the council and would be passed off as extraordinary expenses. Select one: a.Risk management. b.Corporate crisis. c.corporate fraud. d.Corporate risk.

What is Management Reporting? Explain its purpose.

Critically evaluate how the breach of ethics by auditors could contribute to expand the audit expectation gap

What a particular fault or weakness in the area of interpersonal and relationship building skills could effect an individual?  What actions can be taken immediately, and sustain going forward, to ensure this is course corrected?  If not addressed, how might this area impact to a  Finance Professional? What, if any, complications might arise from the current Covid-19 situation that could impede progress in addressing this area?

Discuss FOUR (4) steps that should be taken by the Boards of Directors to monitor risk management framework and policies in a company.

DQ3: Corporate Ethics: Discuss the situations in which the corporate entity should be disregarded. De­scribe any situations they know of in which the behavior of a company was so socially repugnant that the own­ers should have been held personally liable.     Is it easier to start a business in “virtual” space than in “real” space?  Is it less (or more) expensive?  What are the applicable laws?  Perhaps most important from a business person’s perspective, is it possible to turn a profit?  How?  Are there different considerations for choosing an organizational form for doing business on the Net than there are for doing business elsewhere?  If so, what are they? What legal principles and laws apply to online sexual harassment in the workplace?  How might employee cyberstalking be prevented, both from a legal and a practical point of view?

Discuss the concept of risk management and its importance in protecting an organization's assets and reputation

In your own words, clearly distinguish and differentiate between the following, including five practical examples:(a) Professional Ethics; (b) Computer Ethics and (c) Engineering Ethics.

Does your organization (or one you are familiar— STATE FARM INSURANCE ) have a code of ethics? What are important elements to ensure the code is effective? How can firms best ensure that their code of business ethics is read, understood, believed, remembered, and acted on, rather than ignored?