Assignment:
Check Your Understanding: approx. 600 words total
1. What was the primary purpose of the FCPA?
2. What was the maximum fine for a U.S. Corporation under the FCPA?
3. Which two distinct areas did the FCPA focus on?
4. List four examples of routine governmental action
5. What are the three steps in calculating financial penalties under FSGO?
6. Explain the seven steps of an effective compliance program.
7. What were the three key components of the 2004 Revised FSGO?
8. Explain the role of the PCAOB.
9. What are the five key requirements for auditor independence?
10. What issues prompted the revision of the Federal Sentencing Guidelines for Organizations in 2004?
Exercises approx. 300 words
1. Which is the most effective piece of legislation for enforcing ethical business practices: FCPA, FSGO, SOX, or Dodd-Frank? Explain your answer.
Case Study-approx. 400 words(BookNeeded)Newton, Engelhard, Prichard (2012). Taking Sides: Clashing Views in Business Ethics and Society, 12th/E.
Review issues 6 and 7 from Taking Sides. Choose one issue to respond to. Which viewpoint do you side with? Why? Explain. Reference at least two outside resources that further support the viewpoint you side with.