《p专业会计师》资料二.docVIP

《P1专业会计师》资料二 本文由高顿ACCA整理发布，转载请注明出处 　　Part A - Governance and Responsibility? 　　Principles-based vs. Rules-based ? 　　Principles-based approach ? 　　（1） Principles-based approach requires the company to adhere to thespirit rather than the letter of code. ? 　　（2） The approaches focus on objectives rather than the mechanisms bywhich these objectives will be achieved. ? 　　（3） The approaches can lay stress on those elements of corporategovernance to which rules cannot easily be applied. ? 　　（4） The approaches can applied across different legal jurisdictionsrather being founded in the legal regulations of one country. ? 　　（5） The approaches avoid inflexible legislation and allows companies todevelop their own approaches to corporate governance. ? 　　（6） The approaches are too board to be used as a guide to bestcorporate governance practice. ? 　　（7） There may be confusion over what is compulsory and what isn’t. ? 　　Rules-based approach ? 　　（1） Rules-based approach places more definite achievement and provideclarity in terms of what you must do. The rules are legal requirement. ? 　　（2） The approaches allow no leeway. The key is whether or not you havecomplied with the rules. ? 　　（3） It should in theory be easy to see whether there has beencompliance with the rules. But that depends on whether the rules areunambiguous. ? 　　Impact on the corporate government ? 　　（1） Including social objectives in the mission statement oforganization is a sign that the board believes that they have significantimpact on corporate strategy. ? 　　（2） Ethical codes are part of corporate guidance to promote goodcorporate behavior among their employees. ? 　　（3） Company should report on ethical and social conduct in theirOperation and Financial Review and also may prepare social accounts showing impactof stakeholders. ? 　　（4） Impact of stakeholders on corporate governance may includerepresentatives from key stakeholder groups on the board. ? 　　Institutional investor ? 　　（1） Institutional investors are no