Who is the current chairman of the IASB?

Q: What is the nomination process of the Board members and how many board members have been selected?

A: Board members  are nominating by a nominating committee, but board member can also nominated by…

Q: What is the role of the Public Company Accounting Oversight Board?

A:

Q: What the main functions of the Commerce Commission? Please explain and illustrate each function.

A: Commerce commission is the agency of government with the responsibility for imposing legislation…

Q: What are some ways a board can train their employees to be effective in its financial decision…

A: It is important that employees view the goal of the company in the same way as the board would view…

Q: What is interlocking boards of directors?

A: Interlocking boards of directors: Interlocking directorates could be a corporate movement in which a…

Q: Name some of the governments’ regulatory bodies and discuss their role in disclosure.

A: Some government regulatory bodies are: Australian Securities and Investments Commission(ASIC):…

Q: Which of the following “bodies designated by Council” have been authorized to promulgategeneral…

A:

Q: Who appoints the internal auditor? a. Management b. Government c. External stakeholders d. Members

A: Internal auditor performs internal audit functions.

Q: Board composition in comporate governance

A: The question is based on the concept of the concept corporate governance and its management in a…

Q: Which of the following is an example of a committee?

A: 1.  Production workers at Amoco, Inc., an automotive parts company, who are job rotated every…

Q: What provisions of the AICPA Council Resolution on form of organization place control of…

A:

Q: What is the meaning of Chief accountant of the SEC?

A: Securities Exchange Commission (SEC): This is the government agency that governs the working of…

Q: Why is an active board of directors’audit committee important to an organisation.

A: Auditing means the inspection of financial accounts of the company to determine if the records are…

Q: Board of Director

A: Correct Answer :- D Board  of Director.

Q: What are the qualifications of a member of the Board of Directors?

A: Associations of various types from little charities to mega enterprises are administered by a top…

Q: What factors improve the effectiveness of a board of directors?

A: Board of Directors: The people appointed on behalf of shareholder and equity investors to ensure…

Q: briefly describe the responsibilities of the Board of Director

A: Governance committee is for looking governance in company. Board of directors who guide and govern…

Q: Describe the importance of an active board of directors audit committee to an organisation.

A: Audit committee is the committee of Board of Directors (BOD) of firm which is accountable as well as…

Q: why is an active board of directors audit committee important to an organization?

A: Audit: An audit is an organized and self-regulated inspection of books of accounts. This inspection…

Q: Who must register with the Public Company Accounting Oversight Board?

A: Public Company Accounting Oversight Board refers to the non-profit organization which regulates…

Q: The Federal Open Market Committee (FOMC), is led by Chair Powell. What does this committee do, and…

A: The question is based on the concept of monetary policy and The Federal Open Market Committee…

Q: Governance issues include the following except; Select one: a. Disclosure and transparency b. Role…

A: The term Governance refers to process which is designed to ensure the following quality in the…

Q: how we share our findings and concerns with the board of directors in internal control system?

A: Management is in-charge of the establishment and maintenance of the internal audit function. An…

Q: we discussed the role of an active board of 'directors' audit committee from different aspects. In…

A: The primary function of the audit committee of the company is to provide oversight of the financial…

Q: What are the responsibilities of the Board of Directors for the financial statements? Or…

A: Financial statements are important because they provide vital information related to the financial…

Q: What are some of the major divisions and offices within the SEC?

A: Securities and Exchange Commission (SEC):   The board which set rules for the companies for…

Q: What is the most important written document/s in CPA (Certified Public Accountant) Profession? Why?

A: The CPA designation distinguishes licensed accounting professionals committed to protecting the…

Q: 1- In your own words, explain the SEC's relationship to the FASB. 2 -Contrast the role of the…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: escribe the necessity, purpose and potential makeup of a board of director

A: For public companies having a proper board of directors is important. This is because public…

Q: What measures does the governance board can put into place to establish ethical expectations.

A: Corporate governance is established by an organization where rules are set to operate and regulate…

Q: Why is it important for U.S. accountants to be familiar with IFRS?

A:

Q: The IASB has how many board members?

A: International Accounting Standards Board (IASB): IASB is the board which frames, develops, approves,…

Q: What is the SEC’s relationship to the Public Company Accounting Oversight Board?

A: The Sarbanes-Oxley Act created the Public Company Accounting Oversight Board to supervise the…

Q: What are the process during a committee meeting?

A: A committee meeting is a formal gathering of a subgroup within an organisation who come together to…

Q: Define board of directors

A: Corporate: It can be defined as an organization consisting of a group of people and is authorized by…

Q: What rule/procedure must be observed so that formal meetings like that of the Board of Directors or…

A: Here given the details of the rules and procedures which are involved to arrange the meeting…

Q: Who among the following should ensure that all directors are properly briefed on issues arising at…

A: The answer are as follows

Q: why you think each state is responsible for issuing CPA licenses.

A: The prerequisites for taking the CPA exam and receiving a license vary by state. Many states have…

Q: What should you tell your friend about the presence of accounting standards in theUnited States? Who…

A: Worldwide monetary scene huge change. These advancements have been inferable, to some degree, to…