Ethics and Compliance

{ school text:bookmark-start} Running head: MICROSOFT: ETHICS AND COMPLIANCE {text:bookmark-end} Ethics and obligingness Paper Christopher Weidner, Matt Bilancia, Javan Rothwell, Bryan Maxie, Padam Blon University of phoenix FIN/370 October 6, 2009 Introduction In addition, Microsoft seeks to ensure compliance not only in the governmental and military sectors, only when the state-supported sector as well by refusing to accept gifts from whatsoever corporation, business, or individual seeking any legitimate business. Microsoft takes respectable issues one step further at public events by offering one of three options: Submitting a signed cheering letter approving consumption of meals from the organizations morality officer or legal counsel Paying for the meals in advance Not consuming any meals (Microsoft, 2009). SEC Compliance In a recent research report, {text:bookmark-start} The be of Compliance in the U.S. Securities Industry {text:bookmark-end} , the Securities Industry crosstie (SIA) estimates that the annual total cost of compliance will cash in ones chips $25 billion for 2005, up from $13 billion in 2002 for the securities industry alone (Microsoft 2009. p. 11).

Compliance with regulations will always be the number one priority for executives within all industries, but more so for those in the heavily-regulated financial services on top of the healthcare sectors. Since the continued modification of federal, state, local, and international legislation, everyone moldiness ensure compliance within their organization and mandate such strict compliance because of such documents as theSarbanes-Oxley. In the race of Enron scandal, the government initiated the Sarbanes-Oxley Act (SOA) that establishes rules for internal audits. Among many of these rules, this act defines antifraud programs and control, reading system tracking, and reporting (McConnell & Banks, 2003). SOA has far reaching consequences for all companies on how to document their... If you want to get a full essay, put together it on our website: Orderessay

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