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    MBA402 - Governance, Ethics, and Sustainability

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    Case Study You must draft a Code of Conduct for the Commonwealth Bank of Australia that specificallyaddresses:A. DiscriminationB. ExploitationC. CorruptionD. Dishonest and Fraudulent BehaviourE. Whistleblower ProtectionsF. EnforcementYou will be required to include a minimum of 15 references in your Code of Conduct at least 5 ofwhich must come from academic journals or textbooks. Your own research and the following newsarticles will help you identify the current governance issues at the Commonwealth Bank that yourCode of Conduct must address:Senior British banker, 60, claims race, sex and a...

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    Introduction

    For any organization the most important fact is to assure that the Code of Conduct is maintained and is clarified to all the employees who are working for the organization, we need to make sure that every organization has a different and specific policies and rules which compile together and form the code of conduct. It is most of the time made to assure that the behavior of the employees within the organization is maintained and hence which can affect the reputation of the organization. We need to make sure that after all the efforts the company is able to stand with the competition and is able to justify its deliverables. Here in this research we would be discussing on several different policies which the Commonwealth bank follows and operates and which describes the entire functioning of the organization. For the banking sector it is very important to have a code of conduct which is required for the employees to be intact with the terms and conditions and the policies of the company. It is rather more important to understand that while every information which is required will be for the best understanding of the management and the employees. 

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

    This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.

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