Assurance services and ethics
In this assignment, you will work with Fact Five: The company’s board does not have an explicit Code of Conduct written. There is no financial expert on the audit committee.
Develop a memorandum which advises RPC management on fact five regarding RPC and revealed to you by Scott regarding the lack of a code of conduct and lack of a financial expert on the audit committee. Draw your advisement from regulatory requirements (such as the Sarbanes-Oxley Act), the Committee of Sponsoring Organizations Integrated Framework, and other relevant best practice.
Please include references. APA Format.
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Audit Regulation
Every business has a responsibility to its stakeholders to always present a clear image of its financial position in its financial statements at the end of a particular financial year. However, there are often cases in which the investors experience challenges due to lack of truthful reporting, in which case they rely on the information presented to them from the firm’s editors. Consequently, a professional editor plays a crucial role in the effective reporting of the financial position of a particular firm, based on their findings from the audit process. Following the establishment of the Sarbanes-Oxley Act in 2002,
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