LAW 531 Week 6 Individual Assignment Riordan Corporate Compliance Plan

Resources: “Using the New COSO Risk-Management Guidance”article and the Riordan Virtual Organization located on the studentwebsite, and the Committee of Sponsoring Organizations of theTreadway Commission (COSO) website at www.coso.org.Read the article “Using the New COSO Risk-ManagementGuidance”.Read The Executive Summary of the article Enterprise RiskManagement — Integrated Framework at the COSO website:• On the home page, click the Guidance tab.• Select the Enterprise Risk Management link.• Click MORE.• Select the Download (English) the free executive summarylink.Research additional information in the Guidance and Resourcessections at the COSO website.View the Riordan virtual organization.Create a corporate compliance plan consisting of no more than2,450 words for Riordan. Focus your plan on managing the legalliability of officers and directors of Riordan. The plan must alsoaddress how to handle situations when laws are violated or inquestion (such as when to call in legal counsel, what rights theemployees have, or who to turn to when actions are taken againstRiordan). Your plan must also include the following:• Enterprise liability• Real and intellectual property• Governance principles of regulatory compliance requirements• The specific international laws or aspects of the law that mustbe adhered to by Riordan and an outline of these steps foremployees to adhere to these lawsFormat your Corporate Compliance Plan as if you were going todistribute this to the officers and directors of Riordan. Outline theprevention and management guidelines of the legal aspects listedabove. Implement enterprise risk management based on theCOSO’s 8 interrelated components. COSO can be used to structureyour plan. Be sure to incorporate key concepts from your readingswhere appropriate. You need to research requirements at the COSOwebsite.