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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
This report highlights the core responsibilities of the CFO role in the public sector, as well as the personal skills and professional standards that are crucial to success in the role.
Evaluating and Improving Governance in Organizations
January 31, 2009 - IFAC
Includes a framework-consisting of a series of fundamental principles, supporting guidance, and references-for how professional accountants can contribute to evaluating and improving governance in organizations.
Principles to promote good governance in the entire procurement cycle, from needs assessment to contract management. Also includes a checklist for implementing an integrity framework throughout the entire public procurement cycle and provides a map of risks that can help auditors prevent, as well as detect, fraud and corruption.
Helps members of not-for-profit boards of directors understand their responsibility for the oversight of risk.
Corporate Governance and the Financial Crisis: Conclusions and Emerging Good Practices to Enhance Implementation of the Principles
January 1, 2009 - Organisation for Economic Co-operation and Development
Recommendations to help companies and governments to overcome corporate governance weaknesses and support a more effective implementation of the OECD Principles on Corporate Governance.
Provides principles-based guidance to assist professional accountants and their organizations in developing and implementing a code of conduct in a values-based culture.
Sets out a set of principles that can be applied to all public sector financial reporting whether related to budget setting, in-year monitoring, or the annual report.
October 28, 2014 - Public Finance International
October 27, 2014 - Today Online
October 7, 2014 - Financial Times
September 17, 2014 - Forbes
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