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In this session, we will discuss corporate governance, which is essential in addressing the agency problem. The agency problem arises when shareholders and managers have conflicting interests due to their separate roles in the company. Corporate governance is crucial in ensuring that managers act in the best interests of shareholders. This concept is covered in auditing and the CPA BEC exam. This session will focus on the BEC section of the exam, so if you are a CPA candidate, it is recommended to visit the website for more information.