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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
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.
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.
January 15, 2015 - Financial Reporting Council
January 5, 2015 - IFAC
December 19, 2014 - The Strait Times
December 16, 2014 - Zaywa
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