ACCTG 3105: Governance, Business Ethics, Risk Management, and Internal Control

Instructor: Aileen Fae M. Africa

BS in Accountancy 1st Semester A.Y. 2020-2021

• Corporate Governance
o Definition
o Corporate Governance and Social Responsibility
o Issues in Corporate Governance Systems
o Sarbanes-Oxley Act of 2002

• Ethical standards and responsibilities of professional accountants

o IESBA Code of Ethics
o Practical application of ethics

• System of Quality Management (ISO 9000:2015; ISO 9001:2015)

o Elements of a system of quality management
o Leadership responsibilities
o Ethical requirements
o Acceptance and continuance
o Human resources
o Engagement performance
o Monitoring
o Documentation of the System of Quality Management

• Regulatory requirements related to the practice, accreditation, and regulation of public

accounting and auditing services
o Republic Act No. 9298
o Professional Regulation Commission
o Bureau of Internal Revenue
o Securities and Exchange Commission
o Others

• Risk Management
o Introduction to Risk Management Principles
o COSO: ERM – Integrating with Strategy and Performance
o COSO: ERM – Applying ERM to environmental, social, and governance-related
risk

• Internal Control
o The COSO Internal Control – Integrated Framework 2013
o The COSO Cube