1. How will the U.S. external auditor's mind-set change in order to discharge the duties contemplated by SAS 99 on finding fraud? Why should a corporation make use of a comprehensive framework for considering, managing, and reporting corporate social responsibility performance? How should they do so? 3. Do professional accountants have the expertise to audit corporate social performance reports? 4. What would you list as the five most important ethical guidelines for dealing with North American employees? 5. What would you advise that corporations do to recognize the new enforcement related to the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act? 2. worldwide reach of anti-bribery 6. Identify and explain five examples where executives or directors faced moral hazards and did not deal with them ethically 7. The government bailout of the financial community included taking an equity interest in publicly traded companies such as American General Insurance (AIG). Is it right for the government to become investor in publicly traded companies? an 8. Should the CEOS who refused to have their firms invest in mortgage-backed securities in the early years because the risks were too great receive bonuses in the latter years because their firms did not incur any mortgage-backed security losses? How would you determine the size of these bonuses? 9. Are the criticisms that mark-to-market accounting rules contributed to the economic crisis valid? 10. The global economic crisis was caused by the meltdown in the U.S. housing market. Should the U.S. government bear some of the responsibility of bailing out the economies of all countries that were harmed by this crisis? 11. Given that the marketplace for securities is global, and that the risks involved can affect people worldwide, should there be a global regulatory regime to protect investors? If so, should it be based on the cl...13 11. Given that the marketplace for securities is global, and that the risks involved can affect people worldwide, should there be a global regulatory regime to protect investors? If so, should it be based on the regulations of one country? Should enforcement be global or by country? 12. Does the Dodd-Frank Act go far enough, or are some important issues not addressed? 1. How will the U.S. external auditor's mind-set change in order to discharge the duties contemplated by SAS 99 on finding fraud? Why should a corporation make use of a comprehensive framework for considering, managing, and reporting corporate social responsibility performance? How should they do so? 3. Do professional accountants have the expertise to audit corporate social performance reports? 4. What would you list as the five most important ethical guidelines for dealing with North American employees? 5. What would you advise that corporations do to recognize the new enforcement related to the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act? 2. worldwide reach of anti-bribery 6. Identify and explain five examples where executives or directors faced moral hazards and did not deal with them ethically 7. The government bailout of the financial community included taking an equity interest in publicly traded companies such as American General Insurance (AIG). Is it right for the government to become investor in publicly traded companies? an 8. Should the CEOS who refused to have their firms invest in mortgage-backed securities in the early years because the risks were too great receive bonuses in the latter years because their firms did not incur any mortgage-backed security losses? How would you determine the size of these bonuses? 9. Are the criticisms that mark-to-market accounting rules contributed to the economic crisis valid? 10. The global economic crisis was caused by the meltdown in the U.S. housing market. Should the U.S. government bear some of the responsibility of bailing out the economies of all countries that were harmed by this crisis? 11. Given that the marketplace for securities is global, and that the risks involved can affect people worldwide, should there be a global regulatory regime to protect investors? If so, should it be based on the cl...13 11. Given that the marketplace for securities is global, and that the risks involved can affect people worldwide, should there be a global regulatory regime to protect investors? If so, should it be based on the regulations of one country? Should enforcement be global or by country? 12. Does the Dodd-Frank Act go far enough, or are some important issues not addressed
