Corporate Governance Accounting Question Answer 2022

Running head: ACCOUNTING
ACCOUNTING
Name of the Student
Name of the University
Authors note

ACCOUNTING
1
Table of Contents
Answer 1 (a) Corporate Governance...................................................................................2
Answer 1(b) Decision-Making............................................................................................3
Answer 1(c) Poor Corporate Governance and Ethical Decision Making............................3
Answer 2 (a) The Statement of Cash Flows differs from the Statement of Profit or Loss..4
Answer (b) The three main business structures...................................................................4
Answer 3 (a) Annual Report................................................................................................6
References............................................................................................................................8

ACCOUNTING
2
Answer 1 (a) Corporate Governance
Corporate governance: - These are government bodies, which look into business aspects
of the companies by having rules, the regulation which has to abide by the laws and
implementation as per the required features in operation, regulation. It has the two most
important subjects' external and internal factors. It has certain taxes involved in corporate
governance to enforce profitability maintenance. There is certain CSR activity that has been
enforced by the governance body, which is corporate social responsibility, the allocation of the
funds to serve the purpose in the community to help the needy or the non- government
organization social responsibility. Corporate governance is not politics; they are just framed
works to administrate processes, people, purpose, and performance(Zadjuli and Shofawati 2020)
 APES 110 code of professional conduct: Accounting Professional and Ethical
standards board limited, It applies for the members who are Certified, public
accountant. It was established in the year 2006. All types of business activities
have been considered to be checked as in go to the organization and proceed with
the auditing to find the anomalies within the organization. The financial statement
is one of the most important checks which are done depending on the assets and
risk factor which could involve in the fellow citizen. There is an internal and
external auditing procedure that worked out. Policies and procedures for
independent management determine the level of hierarchy remuneration of senior
management. Every organization can make mistakes to follow steps to reduce
mistakes certain systematic policies have to be followed. This reduces the risk
factor and provides some certainty in an uncertain environment.