Governance

The recent financial and economic crises exposed many corporate governance weaknesses—but, at the same time, they created momentum for change. Effective governance encourages better organizational decision-making, accountability, and robust scrutiny of organizational performance. Accountants are in an excellent position to ensure that governance is integrated into the very DNA of their organizations, which has been identified as critical to its effectiveness. Read More

 

Creating Value through Governance

by Paul Moxey, Head of Corporate Governance and Risk Management, Association of Chartered Certified Accountants | April 8, 2014 |

Achieving good corporate governance is complex: it involves economics, politics and fundamental aspects of human nature, as well as business and markets. Ultimately, governance is about good decision making. As providers of financial information to support better decision making, accountants play a key role.  Read More

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Revision of OECD Guidelines on Corporate Governance of State-Owned Enterprises
by Vincent Tophoff, Senior Technical Manager, IFAC | January 31, 2014 |

The Organisation for Economic Co-operation and Development is revising its guidelines for corporate governance of state-owned enterprises, which give advice on effective management to make state-owned enterprises more competitive, efficient, and transparent. IFAC is involved in the revision process and has offered some recommendations. What do you think should be revised and recommended? Read More

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Revision of the OECD Corporate Governance Principles
by Vincent Tophoff, Senior Technical Manager, IFAC | November 7, 2013 |

The Organisation for Economic Co-operation and Development is about to start revising its principles of corporate governance, a process IFAC is involved with and has made recommendations on. Read More

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Integrating Governance throughout an Organization Helps Achieve Sustainable Success
by Vincent Tophoff, Senior Technical Manager, IFAC | November 4, 2013 |

Integrating Governance for Sustainable Success, a new report from the IFAC Professional Accountants in Business Committee, argues that effective governance should not just be about protecting stakeholders' interests, or a compliance exercise to satisfy the requirements of regulators. Instead, effective governance should support building sustainable value in organizations and society. Integrated governance helps an organization achieve this lasting success. Read More

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