ACCA P1 Chapter 2 part b Approaches to Corporate Governance
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Hi Mike,
Good day
Does every company (Public Company) needs to make a Public Entity Oversight Board.
No, the Oversight Board is an external watchdog – it is not directly related to any individual company
Is it necessary to know in detail the principles related to ICGN and OECD?
Thanks.
No. What IS important is that you should be reading through past exam questions and answers to get a good feel of the sort of questions that are asked and the style in which they are answered.
hi. how about insider or outsider influence? you didnt mention any but it was stated in my becker textbook. are those important? it is relevant for dec 2015 exam? thank you.
You’ll need to give me the context (or, at least, more detail) of this “insider or outsider influence” that is mentioned in Becker material.
If it relates to stakeholders – it’s discussed in the video recordings
If it relates to risk analysis – it’s discussed in the video recordings
Tell me where Becker has included the expression, please, but post your comment on the Ask the Tutor page. That way will make sure that I see your question
Ok?
ICGN stands for International Corporate Governance Network
Are there any significant changes in a new revision of UK Corporate Governance Code (issued in Sep’14) in comparison to previous editions? Will this revised Code be tested in Jun’15 session?
Ideally, this is the sort of question that would be better on the Ask the Tutor page
If documents are approved before 31 August in any year, they will be available for examining from 1September in the following year
The Code was approved in September 2014 so is examinable from 1 September 2016
No major changes in the syllabus
Ok?
It’s Ok! Thank you!
Hello Sir,
In Kaplan text book it was stated that
*Turnbull report was issued on 1999
*Higgs, Tyson and Smith – 2003
*Financial Reporting Council (re-draft of Combined Code) – 2003
But OT notes states different years for Turnbull and new CGC
Im confused and seek your guidance.
Thank you in advance sir
Don’t be confused! The dates of issue of the various codes is totally irrelevant
Under ‘Development of the UK CG Code 2010’ there are company names, Do we have to remember them for exam?
No. Do you mean “company names” or are you referring to the names of the various recommendations like the Turnbull Report, Hampel Report and so on.
IF you’re referring to those, there’s no need to remember them.
If you’re referring to some companies that may be mentioned within the ‘Development of the UK CG Code 2010? then ….. there’s still no need to remember them
Thank you sir, would have been a headache remembering those weird names.
thank you !!!!!!!!!!!!!!!!!!!!!
I was able to listen to these lectures while tending to my kids.
It was very helpful.
Has anyone ever heard of the Audit firm
Arthur Anderson. They were the ones that
went out of business because of the Enron collapse.
They were Enron’s major auditors. A little
after the audit was completed Enron collapsed.
They sued Arthur Andreson and won. Arthur Anderson lost their practice licence.
Because of you i passed my F7 and F8 saved me a lott of money plus i could’nt afford expensive lectures…you are one of the reasons iam motivated to study more thanks….
why do u study ? if I may ask ?
Thanks