Preview

Week6Assignmentrubric

Satisfactory Essays
Open Document
Open Document
436 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Week6Assignmentrubric
-------------------------------------------------
Assignment Notes

Individual Assignment: Riordan Corporate Compliance Plan

Purpose of Assignment Students review the Riordan Virtual Organization and then create the Riordan Corporate Compliance Plan that encompasses enterprise liability, real and intellectual property, governance principles and compliance, and international considerations. The plan should be based on Committee of Sponsoring Organizations of the Treadway Commission (COSO). Students apply the business law principles they have studied throughout the course to create a corporate compliance plan that identifies the legal aspects that management must address. In preparing the plan, students must apply all of the key concepts discussed throughout the course; in particular, the affect that the Sarbanes-Oxley Act has on the Riordan and how COSO guidelines can assist with compliance. Resources Required Riordan Virtual Organization The Committee of Sponsoring Organizations of the Treadway Commission website at http://www.coso.org/ Grading Guide * Content60 Percent | Points Available7 | Points Earned | Additional Comments: | * All key elements of the assignment are covered in a substantive way. The Riordan Corporate Compliance Plan completes the following: * Focuses on managing the legal liability of officers and directors of Riordan * Addresses how to handle situations when laws are violated or in question (such as when to call in legal counsel, what rights the employees have, or who to turn to when actions are taken against Riordan) * Includes the following: * Enterprise liability * Real and intellectual property * Governance principles of regulatory compliance requirements * The specific international laws or aspects of the law that must be adhered to by Riordan, and an outline of the steps for employees to adhere to these laws * Outlines the prevention and management guidelines

You May Also Find These Documents Helpful

  • Satisfactory Essays

    week4

    • 325 Words
    • 2 Pages

    Amelia receives high marks in math. Amelia’s mother is surprised because she never did well in math.…

    • 325 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    week2assignment

    • 1559 Words
    • 16 Pages

    Question 5. 5. Which human action might present problems of consistency for the moral relativist? (Points : 1)…

    • 1559 Words
    • 16 Pages
    Powerful Essays
  • Best Essays

    Social Performance

    • 1675 Words
    • 7 Pages

    The first thing to consider when establishing a company code of conduct is the industry in which…

    • 1675 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Is4231 Week 5

    • 3436 Words
    • 14 Pages

    Evaluate the internal and external factors that influence the activities and organization of an information security program List and describe the typical job titles and functions performed…

    • 3436 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    The challenge of meeting government regulations puts businesses at risk to numerous factors that can have a negative impact on financial status and reputation. Keeping up with corporate governance, risk management and legal compliance mandates is much more complex in today’s turbulent economic conditions.…

    • 262 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Diploma in Business

    • 1584 Words
    • 7 Pages

    1. Develop a code of conduct for JKL Industries (see the case study in Assessment Task 1).…

    • 1584 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Many business argue that the implementation and ongoing requirements of Sarbanes Oxley Act are costly, time consuming, and as yet ineffective. In many instances law has at best led to a culture of compliance rather than a culture of integrity. Brooke Corporation is one example where these laws have seemingly failed.…

    • 761 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Laws being followed will ensure that Riordan is protected and profitable. The authority to act on behalf of the company is only given to a certain officers and directors. This information should be noted and contracted. Other right and responsibilities should be handles by other department officer that oversee daily task. There should be protection from harm by a company’s production or products. Key member must stay informed of important issues and changes to avoid lawsuits or being fined. An Outline has been created on how to provide profits to shareholders and keep enterprise value outlined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Avoiding risks by failing to adhere to regulations can be rewarding to any company. Proper documentation and correct recording methods are vital part to the success to providing proof. The records will show how well the company is being run and the measure taken to do so. To keep Riordan profitable we must abide by state, local and foreign laws and policies. This plan can only lead to…

    • 1589 Words
    • 7 Pages
    Better Essays
  • Good Essays

    To remain ethical we will set up each country with one supervisor. It is his role to understand their countries laws and ethics. We have to ensure we do not break any laws or ruin international relationships because of actions. It will be the job of Human Resources to ensure all new hires are trained and fully understand laws and customers of each of our international clients. By ensuring we are properly trained and globalizing our product it will make Riordan Manufacturing a fierce competitor in today’s…

    • 920 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Ethics Program

    • 1368 Words
    • 6 Pages

    TAM’s board of directors felt strongly about being in compliance with laws and regulations however they wanted values and integrity to be incorporated into the plan. They chose to have a combination of the two program orientations. To have an effective compliance and…

    • 1368 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Week6

    • 339 Words
    • 2 Pages

    The current macroeconomic situation in the US is worrisome to many. The unemployment rate is at 8.2% as of June 2012, whereas the average from 1948 forward is about 5.7%. However, the inflationary rate is approximately 2.3%, which is 1.5% lower than the past average rate of 3.38%. Despite this information, it feels like the dollar buys less and less each passing day.…

    • 339 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Dow Jones Report

    • 2249 Words
    • 9 Pages

    The code of conducts also addressed the use of the company’s assets and its safety which is the responsibility of the employees, officers, and directors. Ensuring that the records of the company’s assets, liabilities, revenues and expenses are accurately and…

    • 2249 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    week6final proposal

    • 927 Words
    • 4 Pages

    Dairy as an entire market is viewed by most as a necessity for health purposes. Whether it’s fluid milk, cultured yogurt, or cheese, the dairy market is elastic in relation to price. Elasticity in economics is reflective of supply and demand. If we make adaptations to quantity based upon price then the supply is elastic (Hall, n.d.). On the demand side, demand is elastic if the level of demand is impacted by changes in price. There is competition…

    • 927 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Abstract: Sarbanes-Oxley (SOX) act, was enacted in 2002, in the wake of large accounting scandals ENRON and WORLDCOM .Especially for SMEs (small to mid-sized enterprises) that can benefit from implementing the control objectives, for governance, compliance and improved security. SOX compliance did not gave detailed requirements for IT compliance, therefore many auditors adopted COBIT and COBIT guidelines to comply with SOX. This research discusses the latest sox developments in the SME, key findings from ISACA study and COBIT control objectives to satisfy internal IT controls .This compliance escalates and maps out internal it controls that protect information assets.…

    • 1110 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Case Study

    • 698 Words
    • 4 Pages

    Identifies all of the critical managerial/ethical issues. Thoroughly discusses, evaluates, and analyzes each managerial/ethical issue, providing convincing and supported arguments.…

    • 698 Words
    • 4 Pages
    Good Essays