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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
Indicates that assessing culture should be seen as a journey of continuous improvement rather than an end in itself. Breaking away from pass or fail approaches, it is recommended that boards use a set of trade-offs, such as about conformity and challenge, innovation and control or trust and accountability, as a framework to map out the culture their organizations have. The report suggests a series of actions to reconcile the culture that exists with the culture that is wanted.
The IIRC chief executive Paul Druckman talks to Public Finance International about the launch of the Public Sector Pioneer Network, which is intended to spread the adoption of integrated reporting.
In this interview IFAC’s senior manager Vincent Tophoff discusses the current review of the OECD Principles of Corporate Governance and how they could be further improved. Please see pages 40 and 41.
Are You Getting All You Can from Your Board of Directors?
November 17, 2014 - McKinsey & Company
Veteran director David Beatty finds many boards wanting—and considers how to improve them.
A popular panel at the 2014 World Congress of Accountants in Rome explored the issue. Here are some of the ingredients that make up an effective modern audit committee.
ICAEW's Dialogue in Corporate Governance programme's fifth thought leadership piece argues that everyone involved in a system of corporate governance should be covered by a (an overall) framework code. In addition, it makes a proposal for harnessing the energy behind the growing number of group specific codes related to corporate governance, and explores how this can enhance public confidence in companies rather than creating complexity and confusion.
Is your organisation efficient, economic, effective and equitable? There is one code to help perfect them all.
November 26, 2014 - Economia
November 18, 2014 - Wall Street Journal
November 17, 2014 - Economia
November 4, 2014 - Public Finance International
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