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Compliance training refers to the process of educating employees on laws, regulations and company policies that apply to their day-to-day job responsibilities. An organization that engages in compliance training typically hopes to accomplish several goals: (1) avoiding and detecting violations by employees that could lead to legal liability for the organization; (2) creating a more hospitable ...
At an organizational level, it is achieved through management processes which identify the applicable requirements (defined for example in laws, regulations, contracts, strategies and policies), assess the state of compliance, assess the risks and potential costs of non-compliance against the projected expenses to achieve compliance, and hence ...
Center for Interfaith Relations Board of Directors meeting. A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's ...
Tricker, Bob and The Economist Newspaper Ltd (2003, 2009), Essentials for Board Directors: An A–Z Guide, Second Edition, New York, Bloomberg Press, ISBN 978-1-57660-354-3. Zelenyuk, Valentin; Zheka, Vitaliy (April 2006). "Corporate Governance and Firm's Efficiency: The Case of a Transitional Country, Ukraine". Journal of Productivity Analysis.
Evaluation of board and directors' performance [14] It also incorporated a number of new principles to address elements not previously included in the King reports: IT governance; Business Rescue; Fundamental and affected transactions in terms of director's responsibilities during mergers, acquisitions and amalgamations. [14]
In a U.S. publicly traded company, an audit committee is an operating committee of the board of directors charged with oversight of financial reporting and disclosure. Committee members are drawn from members of the company's board of directors, with a Chairperson selected from among the committee members.
Under section 177, when directors are on both sides of a proposed contract, for example where a person owns a business selling iron chairs to the company in which he is a director, [17] it is a default requirement that they disclose the interest to the board, so that disinterested directors may approve the deal.
Vinings is an unincorporated community and census-designated place (CDP) in Cobb County, Georgia, United States that runs along the Chattahoochee River bank across from Buckhead. As of the 2020 census , the CDP had a total population of 12,581.