4.1: Corporate Governance
Accounting is the
language of the business and corporate governance has become a topic in the
media due to the accounting scandals over the past years. Developing a strong
internal control system starts with corporate governance. There are several
critical elements to corporate governance. Based on your research, what are
some of the necessary elements and what element is the most important?
Support your answer with credible sources. Cite your
sources using proper APA format (both in-text and reference entries).
4.2: Cost Reduction
organizations in the United States use traditional cost reduction methods which differ significantly
from the Japanese method of target costing. Discuss the similarities and
differences in the process by which cost reduction under both systems occurs.
If you have any practical experience, please share.
Support your answer with credible sources.
Cite your sources using proper APA format (both in-text and reference entries).