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Corporate Government & Accountability in the Non-profit sector.

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  • Essay length: 5180 words
  • Submitted: 08/11/2011
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University Degree Management Studies

The first 200 words of this essay...

TABLE OF CONTENT

1.0 Question 1 Page

1.1 Oversight Functions in Non-Profit Sector 2

1.2 Main Provisions of Sarbanes-Oxley Act 3

1.2.1 Independent and Competent Audit Committee 4

1.2.2 Responsibilities of Auditors 4

1.2.3 Certified Financial Statement 5

1.2.4 Insider Transactions and Conflicts of Interest 5

1.2.5 Disclosure 5-6

1.2.6 Whistle-Blower Protection and Document Destruction 6

1.3 Conclusion 6

2.0 Question 2

2.1 Public Trust in Non-Profit Sector 7

2.2 Restoring Public Confidence in Non-Profit Sector 7-8

2.3 Performance Evaluation System for Non-Profit Sector 8-9

2.4 Panel Recommendations to Non-Profit Sector 9

2.4.1 Filling of Form 9

2.4.2 Disclosure of Compensations 10

2.4.3 Code of Ethics 10

2.4.4 Independent Rules 10

2.5 Conclusions 11

3.0 Question 3

3.1 Accountability in Non-Profit Sector 12-13

3.2 Ethic Climates 13-14

3.3 Code of Ethics 14-15

3.4 Conclusion 15

4.0 References 16-18

QUESTION 1

Discuss the importance of the provisions of the Sarbanes-Oxley Act in relation to how the provisions may help increase accountability within the non-profit sector? (10 Marks)

Oversight Functions in

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