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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
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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.
Is your organisation efficient, economic, effective and equitable? There is one code to help perfect them all.
Discusses how a public management letter, collectively written by auditors in particular sectors or on certain themes, can be an effective instrument for accountants to fulfil their public gatekeeper’s role.
Integrated reporting enhances transparency and disclosure by emphasising concise communication of performance, risks and opportunities and the future outlook for the organisation.
Presents 10 commandments for an effective internal audit function.
January 15, 2015 - Financial Reporting Council
January 5, 2015 - IFAC
December 19, 2014 - The Strait Times
December 16, 2014 - Zaywa
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