ETHICS 301 Prince Sultan University Ethical Auditing on KPMG Company Paper
Question Description
I need help with a Business question. All explanations and answers will be used to help me learn.
1. Write an introduction – a brief discussion on the background of the company you have selected
2. You need to study and discuss the company’s ethical audit based on available information (online and published reports/articles).
A sample assessment questionnaire for the project follows:
Support by top management
– Has management established an ethical “tone at the top” by setting a good example of ethical conduct, providing positive and open communication, and supporting ethical conduct?
– Is the ethics program reviewed at least annually by top management in light of changing business challenges?
– Is there a designated ethics officer or ethics contact?
– Does the ethics code start with a statement from the CEO/President about his commitment to an ethical culture?
Incorporation of ethics at all levels of the organization
– Are supervisors trained as contact points for ethics related questions?
– Is ethics a focus during supplier selection?
– Is ethics a focus during customer contract acceptance?
– Is ethics a focus during internal audits?
– Is an ethical culture ingrained in the organization’s brochures, materials, and website?
Components of an Ethics Program
Ethics Code
– Does the organization have a written ethics code?
– Does the ethics code cover key elements, such as conflicts of interest, financial irregularities, and compliance to laws?
– For publicly traded companies, is the ethics code available publicly / on the company’s website
Ethics Training
– Do employees receive ethics training on a regular basis?
– Does ethics training incorporate the company’s ethics code?
Ethics Hotline
– Does the organization have an ethics hotline?
– Is the ethics hotline confidentiality and non-retaliation policy clearly conveyed to employees?
– For publicly traded companies, is the “receipt, retention, and treatment” of ethics hotline reports regarding “questionable accounting or auditing matters” aligned with the Audit Committee
Ethics Awareness
– Is the importance of ethics communicated to all employees on a regular basis via formats such as organization newsletter articles and posters?
3. Conclusion & Recommendations
One paragraph for your concluding remarks and one for your recommendations
4. References
PLEASE KEEP IN MIND that it is impossible to produce an acceptable report if you have not researched widely. Some have failed the assignment because of lack of sufficient research, so it is important to start work on it early. Refer to PSU Digital Library to find relevant articles. Research Report should be maximum 5 pages in length.