This post addresses SEC compliance and related issues.
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Imagine you are the Director of Finance for a large publicly traded company. Analyze the single most important element that a Director of Finance must practice diligently.
Consider how easy or difficult it may be for officers and managers of organizations to stay in strict compliance with SEC rules. If you believe that it is easy, then discuss why noncompliance seems to be commonplace in the business environment. If you respond that it is difficult, suggest how it could be made easier.
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The solution discusses the most important element that a director of finance must practice diligently and also discusses how easy or difficult it may be for officers and managers of organizations to stay in strict compliance with SEC rules.
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Analyze the single most important element that a Director of Finance must practice diligently.
-- The single most important element that any Director of Finance must practice diligently is ethical decision-making. One of the biggest problems in many companies is that the finance director and/or CEO run what would be called a basically ethical company, however, with certain decisions that would significantly affect the company's financial performance/financial well-being, the finance director makes an unethical decision. The biggest problem with this is that as soon as he/she makes even one unethical decision, others take notice, which can include other executives, employees, and even shareholders, ...
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