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Oversight And Watchdog Organizations
Oversight may refer to: Governance *Regulation – rulemaking *Separation of powers in state governance (checks and balances) - the concept of separate branches of government or agencies exercising authority over one another *Checks and controls over a particular body or institution: :* Congressional oversight over U.S. federal agencies and other institutions, exercised by the United States Congress :*The ministry of episcopal oversight within Christian churches :*Oversight over the International Federation of Accountants (IFAC), see Public Interest Oversight Board :*Oversight (registration, inspection, standard setting and enforcement) over auditors, see Public Company Accounting Oversight Board :*Internal oversight over United Nations operations, see United Nations Office of Internal Oversight Services *An element of organizational governance, see Fair governance Sports *Oversight (horse) Oversight (foaled 1906 in Calvados (department), Calvados Lower Normandy) was a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regulation
Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. For example: * in government, typically regulation (or its plural) refers to the delegated legislation which is adopted to enforce primary legislation; including Land-use planning, land-use regulation * in economy: regulatory economics * in finance: financial regulation * in business, industry self-regulation occurs through self-regulatory organizations and trade associations which allow industries to set and enforce rules with less government involvement; and, * in biology, gene regulation and metabolic regulation allow living organisms to adapt to their environment and maintain homeostasis; * in psychology, self-regulation theory is the study of how individuals regulate their thoughts and behaviors to reach goals. Forms Regulation in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Separation Of Powers
The separation of powers principle functionally differentiates several types of state (polity), state power (usually Legislature#Legislation, law-making, adjudication, and Executive (government)#Function, execution) and requires these operations of government to be conceptually and institutionally distinguishable and articulated, thereby maintaining the integrity of each. To put this model into practice, government is divided into structurally independent branches to perform various functions (most often a legislature, a judiciary and an administration, sometimes known as the ). When each function is allocated strictly to one branch, a government is described as having a high degree of separation; whereas, when one person or branch plays a significant part in the exercise of more than one function, this represents a fusion of powers. History Antiquity Polybius (''Histories'', Book 6, 11–13) described the Roman Republic as a mixed government ruled by the Roman Senate, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Congressional Oversight
Congressional oversight is oversight by the United States Congress over the executive branch, including the numerous U.S. federal agencies. Congressional oversight includes the review, monitoring, and supervision of federal agencies, programs, activities, and policy implementation.Kaiser FM. (2001)Congressional Oversight. CRS Report for Congress 97-936, 2001Updated 2012 version: Halchin LE. (2012)Congressional Oversight Congress exercises this power largely through its congressional committee system. Oversight also occurs in a wide variety of congressional activities and contexts. These include authorization, appropriations, investigative, and legislative hearings by standing committees; which is specialized investigations by select committees; and reviews and studies by congressional support agencies and staff. Congress’s oversight authority derives from its "implied" powers in the Constitution, public laws, and House and Senate rules. It is an integral part of the American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Episcopal Polity
An episcopal polity is a hierarchical form of church governance in which the chief local authorities are called bishops. The word "bishop" here is derived via the British Latin and Vulgar Latin term ''*ebiscopus''/''*biscopus'', . It is the structure used by many of the major Christian Churches and denominations, such as the Catholic, Eastern Orthodox, Oriental Orthodox, Church of the East, Anabaptist, Lutheran, and Anglican churches or denominations, and other churches founded independently from these lineages. Many Methodist denominations have a form of episcopal polity known as connexionalism. History Churches with an episcopal polity are governed by bishops, practising their authorities in the dioceses and conferences or synods. Their leadership is both sacramental and constitutional; as well as performing ordinations, confirmations, and consecrations, the bishop supervises the clergy within a local jurisdiction and is the representative both to secular structure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Interest Oversight Board
The Public Interest Oversight Board (PIOB) is an international body that oversees the International Federation of Accountants (IFAC) and seeks to improve the quality and public interest focus of the IFAC standards in the areas of audit, education, and ethics. Formation Creation of the PIOB in 2005 was triggered by a series of corporate scandals including the collapse of Enron and WorldCom in the United States and of Parmalat in Europe. These undermined public confidence in the conduct and competence of audit practitioners, leading to demand for an overhaul of the IFAC including an independent oversight body to ensure that all standards are in the public interest. The board was established through a collaborative effort by members of the international financial regulatory community, working with IFAC, led by Michel Prada, Chairman of the French Financial Markets Authority and Deputy Chairman of the International Organization of Securities Commissions (IOSCO) Technical Committee. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company Accounting Oversight Board
The Public Company Accounting Oversight Board (PCAOB) is a nonprofit corporation created by the Sarbanes–Oxley Act of 2002 to oversee the audits of US-listed public companies. The PCAOB also oversees the audits of broker-dealers, including compliance reports filed pursuant to federal securities laws, to promote investor protection. All PCAOB rules and standards must be approved by the U.S. Securities and Exchange Commission (SEC). Purpose In creating the Public Company Accounting Oversight Board (PCAOB), the Sarbanes-Oxley Act required that auditors of U.S. public companies be subject to external and independent oversight for the first time in history. Previously, the profession was self-regulated. Congress vested the PCAOB with expanded oversight authority over the audits of brokers and dealers registered with the SEC in 2010 through the Dodd–Frank Wall Street Reform and Consumer Protection Act. The PCAOB has four primary functions in overseeing these auditors: registr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Office Of Internal Oversight Services
The United Nations Office of Internal Oversight Services (OIOS) is an independent office in the United Nations Secretariat whose mandate is to "assist the Secretary-General in fulfilling his internal oversight responsibilities in respect of the resources and staff of the Organization." Specifically, activities include internal audit, investigation, monitoring, evaluation, inspection, reporting and support services to the United Nations Secretariat. Its intended and mandated function is similar to many national government audit organisations, like the Government Accountability Office in the United States. It reports not only to the General Assembly, but also to the Secretary-General. The current head of the OIOS, Under-Secretary-General Fatoumata Ndiaye of Senegal, was appointed as Under-Secretary-General for Internal Oversight Services for a five-year term starting on 17 October 2019, succeeding Heidi Mendoza of the Philippines. The office was established in 1994 at the insi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governance
Governance is the overall complex system or framework of Process, processes, functions, structures, Social norm, rules, Law, laws and Norms (sociology), norms born out of the Interpersonal relationship, relationships, Social interaction, interactions, Power (social and political) , power dynamics and communication within an organized group of individuals. It sets the boundaries of acceptable conduct and practices of different actors of the group and controls their decision-making processes through the creation and enforcement of rules and guidelines. Furthermore, it also manages, allocates and mobilizes relevant resources and capacities of different members and sets the overall direction of the group in order to effectively address its specific collective needs, problems and challenges. The concept of governance can be applied to social, political or economic entities (groups of individuals engaged in some purposeful activity) such as a Country, state and its government (pub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
