Discuss the importance of good governance


Response to the following:

Write a report on the following in preparation for the short seminar titled Ethical Reasoning = Ethical Environment:

Discuss the importance of good governance, including transparency and accountability.

Recall how the whistle-blower at Company 1 ( Individual Project) informed and guided the audit committee to uncover the organizational fraud.

Discuss the role of internal auditors in the fight against unethical and fraudulent activities and behavior.

Discuss the system of internal controls and how this system can contribute to the success rate of internal audit responsibilities.

COMPANY 1: WORLDCOM'S COLLAPSE: THE OVERVIEW; WORLDCOM FILES FOR BANKRUPTCY; LARGEST U.S. CASE By SIMON ROMERO and RIVA D. ATLAS

Attachment:- Accounting Ethics.rar

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Auditing: Discuss the importance of good governance
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