Home > Ethics and Social Responsibility





Financial Responsibility

Financial responsibility refers to understanding and applying financial concepts to supply management decisions to address allocation of funds, accurate reporting and management of risk.

In this context:

  1. Become knowledgeable of, and comply with, applicable standards and requirements for all communities, locations and markets in which the organization conducts business. This includes safeguarding the privacy and security of customer data.

  2. Apply sound financial practices and ensure transparency in financial dealings by implementing appropriate internal controls over accountability and governance for accurate financial reporting and financial disclosures.

  3. Actively promote and practice responsible financial behavior throughout the supply chain by making financial and sustainable guidelines explicit in supplier agreements.

  • AICPA AntiFraud & Corporate Responsibility Resource Center is maintained by the American Institute of Certified Public Accountants to provide tools and information to combat fraud.

  • Center for Audit Quality (CAQ) is an autonomous, nonpartisan, nonprofit group based in Washington, D.C. It is governed by a Board that comprises leaders from the public company auditing firms, the American Institute of CPAs and the investor and issuer communities. Affiliated with the American Institute of CPAs., the organization was created to serve investors, public company auditors and the markets, with a mission to foster confidence in the audit process and to aid investors and the capital markets by advancing constructive suggestions for change rooted in the profession's core values of integrity, objectivity, honesty and trust.

  • Clear Profit provides news and commentary on the role of investors in ensuring corporate responsibility. Clear Profit is a free, independent email newsletter containing news, features and opinion on investing for more than financial return.

  • Financial Executives International is an organization for senior-level financial executives dedicated to advancing ethical, responsible financial management. The site includes a code of ethics for its members and guidelines for writing a code of ethics.

  • Principles for Responsible Investment (PRI) provide a framework for investment businesses to indicate that they subscribe to principles that enable them to act in the best long-term interests of their beneficiaries. The six principles are based on the premise that environmental, social and corporate governance (ESG) issues can affect the performance of investment portfolios. The PRI is an initiative of the United Nations Environment Program Finance Initiative and the UN Global Compact. On its first anniversary in April 2007, the group announced that it has achieved over 180 leading institutional signatories from all round the globe, representing in excess of US$ 8 trillion in assets under management. The principles are available in a PDF document at http://www.unpri.org/files/pri.pdf.

  • Social Funds is a personal finance site that promotes socially responsible investing. The site provides links to news articles, a corporate research center, and links to guides on various investment topics.

  • The Social Investment Forum is a national membership organization dedicated to advancing the concept, practice and growth of socially and environmentally responsibility investing (SRI).


Sarbanes-Oxley Information

  • AICPA Sarbanes-Oxley page was created by the American Institute of Certified Public Accountants to centrally house all relevant information on the Sarbanes-Oxley Act of 2002 (SOX).

  • The Sarbanes-Oxley Act Community Forum is an interactive community portal designed to facilitate the exchange of information between those seeking to comply with the requirements of this legislation. It also provides useful resources and tips, including an FAQ area, a news section, and an online forum.

  • Sarbanes-Oxley Compliance Journal features links to articles on numerous SOX topics including auditing, technology, finance, governance, law, and marketing, with convenient subheadings under each of these general topics. The site also includes a link to a newsletter, listing of events, and a CEO roundtable.

  • Sarbanes-Oxley Financial and Accounting Disclosure Information provides links to news and current events regarding the Sarbanes-Oxley Act.



 
Related Resources:

U.S. Department Of Commerce Makes Annual Adjustments
to Seasonal Factors for ISM Manufacturing PMI and Diffusion Indexes
and ISM Non-Manufacturing NMI and Diffusion Indexes

2007 U.S. Department Of Commerce Annual Adjustments to Seasonal Factors

Manufacturing and Non-Manufacturing ISM Report on Business®

Manufacturing and Non-Manufacturing ISM Report on Business®

April 2006 Manufacturing and Non-Manufacturing ISM Report On Business® - PDF
Content Recommendations:

NewsLine - September 2010

Upcoming Seminars

Reminders

Bright Ideas

Liner Notes


Update Your Interest Profile