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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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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.
Shows how boards can better understand their risk exposure and ensure their organization is as resilient as possible. The accompanying tool-kit provides some key questions for boards to ask of themselves to help achieve a more risk resilient organization.
The Guidelines provide voluntary principles and standards for responsible business conduct in areas such as employment and industrial relations, human rights, environment, information disclosure, combating bribery, consumer interests, science and technology, competition, and taxation.
January 15, 2015 - Financial Reporting Council
January 5, 2015 - IFAC
December 19, 2014 - The Strait Times
December 16, 2014 - Zaywa
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