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This casebook covers a variety of issues which fall under the ambit of corporate governance and management control. Managers are often faced with situations that require anticipation and ability to guide their organization through major risks that could surface. The cases include the actions of the board of directors, the role of the audit committee, the role of the corporate regulatory organization known as the Securities and Exchange Commission of Pakistan, and the interaction with external auditors. The cases challenge the analyst to identify different managerial aspects of corporate governance and suggest solutions to the issues identified. The book can be used as a standalone text for undergraduate, postgraduate, and executive courses that have an interest in teaching corporate governance by using case studies.