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Accounting Assignment

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Professional Accountant Assignment 1
PROFESSIONAL ACCOUNTANT ASSIGNMENT
by Student’s name
Code+ course name
Professors name
University name
City, State
Date

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Professional Accountant Assignment 2
Introduction
Part 1
There have been many changes to corporate governance in the UK since the Cadbury
Report. Looking at the current situation explains the purpose and objectives of the UK
Corporate Governance Code 2010, and the principles on which it is based. In particular you
should:
1. Discuss what is meant by rules-based and principles-based approaches to Corporate
Governance, identifying the arguments for each approach (25 marks)
Corporate Governance means the system of direction and control of companies. The
United Kingdom’s corporate governance has the codes that are commonly used in mostly
countries of the world. The United Kingdom’s corporate governance was formulated with the
following purposes:
To contribute to growth of UK economy and employment;
To advocate for transparency and accountability in the corporate organizations. This is
achieved through good management that comes with strict adherence to the codes
outlined in the corporate governance;
To provide companies which are unlisted with the appropriate guidelines to be followed
in designing of appropriate corporate governance codes;
To establish the framework for companies and their processes and attitudes.
From the above we can judge that the UK corporate governance had very important

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