2 Auditing v. Monitoring Auditing v. Monitoring Student’s name: Raviprakash Ganji Institutional affiliation: New England College Professor: Lisa Laventure-Bernier Monitoring guarantees that progress of extend or any work in accomplishing arranged outcomes with the eye of improving administration basic leadership and it is typically done by the management when it is really done by the any individual, so the board can make necessary move to accomplish wanted outcomes (Power, Michael, 1999). Auditing is to be done in light of legitimateness and consistence with law and guideline and also to guarantee the theirs is proficient and compelling utilization of assets and there are no fraudulent activities. It is led by Internal review group just as named statutory evaluators. It is done either previously or after any exchange has occurred, with the goal that the individuals who have contributed can get affirmation that organization is progressing nicely (Power, Michael, 1999). Auditing: Auditing is a strict, precise and taught approach proposed to evaluate and improve the adequacy of procedures and related controls. Independence in management detailing is the gain of autonomy. Some of the attributes of auditing incorporate the accompanying: · Strict audit managed by expert principles · Completed by experts free of the activity · Formal, precise and organized methodology · Involves positioning, examining, testing, and approving · Strict communication with suggestions and counteractive procedures · Audit responsibility is regularly to the Chief Audit Executive and the Audit Committee Monitoring: Monitoring is an on-going procedure typically guided by the board to guarantee forms are filling in as planned. Monitoring is a viable analyst control inside a procedure. Some of the characteristics of monitoring include the accompanying: · Often less prearranged than inspecting, however audit procedures might be utilized · May distinguish the requirement for a review · Accountability for observing is regularly to activities authority · If finished in connection to a consistence work plan, formal correspondence to Chief Compliance Officer and Compliance Committee · May include interior review or consistence While comprising of comparative tasks, auditing and monitoring are different ideas and exercises. ​Auditing is likewise a job, which is frantically required in all enterprises. The explanation that inspectors are required is because of the truth that some security settings float from their ideal states, also some security settings may neglect to be set. In this way, the reviewing job is to check that ​computers are effectively verified to meet corporate and industry orders. Preferably, reviewers ought to perform "genuine nonstop examining," which guarantees a pattern of security settings is set up and tracks all progressions identified with these controls. Rather than seeing focuses in time, the inspector would now be able ...

1. 2
Auditing v. Monitoring
Auditing v. Monitoring
Student’s name: Raviprakash Ganji
Institutional affiliation: New England College
Professor: Lisa Laventure-Bernier
Monitoring guarantees that progress of extend or any work in
accomplishing arranged outcomes with the eye of improving
administration basic leadership and it is typically done by the
management when it is really done by the any individual, so the
board can make necessary move to accomplish wanted outcomes
(Power, Michael, 1999).
Auditing is to be done in light of legitimateness and consistence
with law and guideline and also to guarantee the theirs is

2. proficient and compelling utilization of assets and there are no
fraudulent activities. It is led by Internal review group just as
named statutory evaluators. It is done either previously or after
any exchange has occurred, with the goal that the individuals
who have contributed can get affirmation that organization is
progressing nicely (Power, Michael, 1999).
Auditing: Auditing is a strict, precise and taught approach
proposed to evaluate and improve the adequacy of procedures
and related controls. Independence in management detailing is
the gain of autonomy.
Some of the attributes of auditing incorporate the
accompanying:
· Strict audit managed by expert principles
· Completed by experts free of the activity
· Formal, precise and organized methodology
· Involves positioning, examining, testing, and approving
· Strict communication with suggestions and counteractive
procedures
· Audit responsibility is regularly to the Chief Audit Executive
and the Audit Committee
Monitoring: Monitoring is an on-going procedure typically
guided by the board to guarantee forms are filling in as planned.
Monitoring is a viable analyst control inside a procedure.
Some of the characteristics of monitoring include the
accompanying:
· Often less prearranged than inspecting, however audit
procedures might be utilized
· May distinguish the requirement for a review
· Accountability for observing is regularly to activities
authority
· If finished in connection to a consistence work plan, formal
correspondence to Chief Compliance Officer and Compliance
Committee
· May include interior review or consistence

3. While comprising of comparative tasks, auditing and monitoring
are different ideas and exercises. Auditing is likewise a job,
which is frantically required in all enterprises. The explanation
that inspectors are required is because of the truth that some
security settings float from their ideal states, also some security
settings may neglect to be set. In this way, the reviewing job is
to check that computers are effectively verified to meet
corporate and industry orders. Preferably, reviewers ought to
perform "genuine nonstop examining," which guarantees a
pattern of security settings is set up and tracks all progressions
identified with these controls. Rather than seeing focuses in
time, the inspector would now be able to take a gander at the
complete log of changes to recognize what has transformed
from the gauge. Monitoring is truly what managers need,
however frequently discover hard to actualize. Monitoring is the
capacity to know when any change jumps out at Active
Directory or a server. For observing, the subtleties of each
followed change ought to incorporate who rolled out the
improvement, what changed, when the change happened, and
different subtleties (Power, Michael, 1999).
Ordinarily utilized pair all through the present social insurance
industry, "auditing" and "monitoring" don't speak to a solitary
idea. The essential characterizing differences between auditing
and monitoring are independence, objectivity and recurrence.
Reviewing speaks to assessment exercises finished by people
autonomous of the procedure on an occasional premise and
checking speaks to assessment exercises finished by people who
may not free of the procedure on a daily practice or consistent
premise. Examining ought to in this manner accommodate a
progressively target appraisal, in any event in appearance.

4. References:
Ladda, R.L. Basic Concepts of Accounting. Solapur: Laxmi
Book Publication. p. 58. ISBN 978-1-312-16130-6.
Power, Michael. 1999. The Audit Society: Rituals of

5. Verification. Oxford: Oxford University Press.
Center for Global Development. US Spending in Haiti: The
Need for Greater Transparency and Accountability.
http://www.cgdev.org/doc/full_text/CGDBriefs/1426965/US-
Spending-in-Haiti-The-Need-for-Greater-Transparency-and-
Accountability.html
Submission UUID: 0d877157-022e-e2e3-4977-1eed55795277
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Running head: FACEBOOK THE LINE OF BUSINESS IS
ADVERTISEMENTS 1
FACEBOOK THE LINE OF BUSINESS IS ADVERTISEMENTS
3
Facebook the Line of Business is Advertisements
Student’s Name
Institutional Affiliation
Final Case Study Outline: Facebook the Line of Business is
Advertisements
Abstract
· The abstract will give a summary of the main components that
have been discussed in the paper
· It will also outline the main objective of the study and provide
an opinion and a hypothesis.
Introduction

8. · The first part of the introduction will be to introduce
Facebook and give a summary of its background, such as the
founders and year started and its penetration to the market,
becoming the social media giant it is.
· The main objective of Facebook will be looked into and how it
evolved to serve more than one purpose and how it benefits its
users.
· Define advertising and give a background on why and when
Facebook's main line of business could have switched to
advertising from a social network.
· Compare Facebook's line of business to other similar social
networks and contrast the advertisements in them.
· Twitter
· Pinterest
Body
· Section 1- Facebook the line of business and
Advertisements(Strategy Analysis)
· Facebooks advertisement policy is looked into
· The necessary procedure for posting an advertisement on
Facebook. Its ease of advertising for any person and the reach
they expect.
· A look into how Facebook promotes advertisements. This is
the premium rates that ads pay. How fast ads are posted and
how long advertisements. The ease of advertising. Are the
advertisements vetted, or are they readily accepted? Does
Facebook reach out to people to promote their ads?
· Section 2- Line of Business as advertising statistics(Demand
Analysis)
· The number of the line of business users is researched to know
the primary use. Those who use it for advertising is taken to
account and other users of the business management function of
Facebook other than advertising.
· Statistical numbers are showing the growth of the use of
Facebook for advertisements. A history from when Facebook
introduced ads to now where ads are more dominant than its
initial purpose.

9. · Section 3- Merits and Demerits, SWOT analysis(Socio-Legal
analysis)
· The merits and demerits of the use of Facebook mainly for
advertisements are analyzed. The merits and demerits are
examined the benefits to Facebook and the users of the ads.
· Threats of advertising as a line of business is broken down.
Advertising on platforms usually has a lot of controversies. This
will look at the legal background and foreground of Facebook
advertising.
· Cybersecurity threats from Facebook's line of business as
advertising to the users, advertisers, and the platform itself.
· Social implications of Facebook advertising, Corporate Social
Responsibility, and public relations.
· Section 4-Suggestions and solutions
· Any possible solutions to the problems faced by Facebook as a
result of using advertisements as the main line of business.
· Suggestions that could make the line of business,
advertisements, work efficiently, and effectively for Facebook
are listed and explained.
Conclusion
· The conclusion will give a summary of the findings of the case
study and whether it affirms the hypothesis. It will show
whether the purpose of the study has been achieved
· All class lectures and findings will be applied to create a link
and show a correlation between the results and the lecture
teachings
· An opinion is given on Facebook the line of business is
advertisements i.e., provide an insight into whether the line of
business as advertising is relevant and if it is beneficial and if
any developments should be done on it.
References
Donald, M. (2018). Facebook Ads Domination.
Rodriguez, S. (2019). Some advertisers are quitting Facebook,
chiding the company’s ‘despicable business model’. Retrieved
from https://www.cnbc.com/2019/03/06/some-advertisers-are-

10. quitting-facebook-after-privacy-scandals.html
Weintraub, M., & John Wiley & Sons. (2011). Killer
Facebook® Aads: Master cutting-edge Facebook advertising
techniques. Indianapolis: John Wiley & Sons, Inc.
Zarrella, D., & Zarrella, A. (2011). The Facebook marketing
book. Beijing: O'Reilly.
MG5615: Organizational Economics
Final Case Study Instructions
Choose a company to research. The company can be either a
publicly-traded company or privately-owned, perhaps a
company you are familiar with (but not your current employer).
The key elements in choosing a good company for your case
study are:
1) Is the company relatively easy to research? Is there plenty of
available information on the inner-workings of the firm?
2) Is it a company you’re interested in and/or do you like their
product or service? (This will make it more fun.)
3) Is the company newsworthy? (Perhaps they’ve had a stunning
failure, legal issue or maybe they recently created a killer
product everyone wants.)
Once you have picked a company, post your company to the
final case study paper assignment – week 4. No two students
can pick the same company and approval will be given on a first
come-first assigned basis.
Note that for a large, multi-line or multi-product company, you
may want to choose a single business line within the firm for
your analysis. For example, if you choose Apple, you might
want to concentrate on their iPhone business only or if you
choose Google/Alphabet, you might want to concentrate on just
their driverless car project. Students will find it much easier to

11. focus their business analysis on one business line within a large
diversified company.
Your final case study paper should be 6-8 pages and will consist
of 4 sections (each about 1.5-2.0 pages).
The first section should be an overview of the company. What
does the company do? What product or service does it offer?
Where is it located? Who are its main competitors and what is
the market structure (e.g. pure competition, monopoly,
oligopoly, etc.)? How is it regulated? This first section should
provide a background or base-line understanding of the
company in support of the rest of the paper.
For the remaining sections, pick any threefrom the following:
· A demand analysis illustrating the most applicable terms,
concepts, or ideas in Chapter 3.
· A production and cost analysis illustrating the most applicable
terms, concepts, or ideas in Chapters 7-8.
· A pricing analysis illustrating the most applicable terms,
concepts, or ideas in Chapter 14.
· A “What they got wrong” analysis detailing a strategy mistake
using the course concepts.
· A “What they got right” analysis detailing a strategy win using
the course concepts.
· Any other analysis that illustrates the terms, concepts, or ideas
in the course (must be approved by the instructor in advance).
If you are having trouble addressing or finding enough
information for any of the sections above, you can augment
your analysis by articulating what you think the company
should do. For example, if you can’t find any information on
your company’s pricing strategy, explain how you would price
the product or service and why. This is Organizational
(managerial) Economics; make some decisions on behalf of your
company and support them using concepts and ideas from the

12. class!
The goal of this paper is to illustrate that you understand the
concepts covered in this course and that you can apply them to a
real company.
Remember to document or source borrowed research using the
standard APA citation style. Extensive quoting is not necessary
(and not additive to your grade). Reference the source, but, to
the extent possible, explain the concept or strategy in your own
words. For example, if you find a great article on your
company’s pricing strategy, explain the article and concepts in
your own words and source it. Do not cut and paste long
passages of text.
The paper should be 6-8 pages (or more) double-spaced, size 12
font Times New Roman, Calibri, or Cambria. The final paper is
due on Sunday of Week 15.