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The below mentioned two provisions are related to what?

1)All public companies must devise and maintain a system of internal accounting control,regardless of whether they have foreign operations.

2)Public companies may not make corrupt payments to any foreign official,foreign political party or official thereof,or candidate for political office in a foreign country.

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Question added by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.
Date Posted: 2015/04/01
IMRAN ALI MOHAMMED
by IMRAN ALI MOHAMMED , Accounts Officer , M/s. Euro Glazing Ltd

The provisions are related to Unites States Foreign Corrupt Practice Act, which the companies should adhere to. This provisions are also part of Institute of Internal Auditors, its a International Professional body of Internal Auditors. 

DHANAPATI BHATTARAI
by DHANAPATI BHATTARAI , Finance Manager , DMS Boot Industries Pvt. Ltd

To Secure the Public Investment

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

The Foreign Corrupt Practices Act of1977 (US) - also known as FCPA

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Answer is option2)Public companies may not make corrupt payments to any foreign official,foreign political party or official thereof,or candidate for political office in a foreign country.

Anas  Dawah
by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

Foreign Corrupt Practices Act and SOX

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