- 10 Marks
BMIS – Aug 2022 – L1 – Q1a – Professional ethics in accounting and business
Explains five duties expected of those charged with governance in an organization.
Question
In 2017, some financial institutions in Ghana were placed under receivership. This was mainly due to poor corporate governance practices. Some of these practices were in clear violation of the duties and responsibilities of those charged with governance.
Required:
Explain FIVE (5) duties those charged with governance were expected to perform.
Find Related Questions by Tags, levels, etc.
- Tags: Corporate Governance, Duties of Governance, Ethics, Fiduciary Duty
- Level: Level 1
- Topic: Professional ethics in accounting and business
- Series: AUG 2022
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