Regulatory Environment

Overview

The regulatory environment drives an entity’s financial reporting and external audit requirements. Finance professionals in management accounting should gain a full understanding of the regulatory environment in which their organisation operates and how to apply the requirements of laws, standards, and guidelines.

Highlights

• Major regulators
• Other influencing bodies and considerations in the regulatory environment
• Corporate governance principles
• Internal control

Prerequisites

None.

Designed For

Global accounting and finance professionals, Management accounting professionals, Controllers, CFOs, Finance vice presidents, Finance directors, and CPAs and Cas

Objectives

• Identify the major regulators and the need for regulation of financial reporting.
• Identify other regulatory bodies and their roles in the standard-setting process.
• Identify the need for and approaches to corporate governance.
• Identify the need for and types of internal controls.

Preparation

None.