Wednesday, May 6, 2020

Evaluation Of Microsofts Csr Policies And Activities

Evaluation of Microsoft’s CSR policies and activities Microsoft is one of companies that take social sustainability seriously and try to make a change in this world through its policies and activities. Its efforts pertaining ethical business conduct and policies has remarkable. Internal controls as defined by COSO achieve three main goals: Effectiveness efficiency of operations Reliability of financial reporting Compliance with applicable laws regulations. Thus far, Microsoft has been achieving this goal through strong internal controls through rigorous and periodic internal audits, multiple authorization levels, and employee performance scorecard. This also helps the company in complying with SOX Section 404 and PCAOB Auditing Standard 5. These internal controls cultivate ethical decision making by setting guidelines to follow. As we are moving from physical information storage to digital methods, the threats to privacy and security increase. Recent online privacy with NSA, Apple’s iCloud and Target’s data breach has instilled a fear of losing sensitive data to hackers. Microsoft’s internal controls, strong terms and conditions, and vigorous screening and data protection policies help build customer trust. Microsoft protects customer data to the extent that government has to issue a warrant/court order to obtain any information. Another major success for Microsoft is the YouthSpark program. Through its YouthSpark Program Microsoft has provided educational andShow MoreRelatedMicrosoft Internal And External Factors1652 Words   |  7 Pagesranging from personal computers to gaming devices, Microsoft has demonstrated its ability to adapt to internal and external changes. Analyzing the the current internal and external factors related to the business environment of the organization. An evaluation of the business environment in which, Microsoft operates in is very important for the progression of the company. 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