Audit Committees are playing an increasingly critical corporate governance role in terms of their leadership on financial reporting, internal controls, risk management and the internal and external audit functions.
How whistleblowing helps companies
Whistleblowing is central to a company’s system of checks and balances, It can help businesses to mitigate their risks, improve their culture, and ultimately increase their performance, argues ICAEW chief executive Michael Izza.
One year into gender pay gap reporting – what progress has been made?
The Gender Pay Gap Reporting Regulations came into force in April 2017 and so by now all organisations employing over 250 relevant employees have published (or should have) two annual reports. The reports consist of six metrics that quantify the difference in hourly pay and bonuses for men and women as well as the percentage of men and women in the highest and lowest earning quartiles of the workforce.
Regulation through transparency – an increasing trend?
Issues relating diversity, pay disparity, human rights and employee engagement have been on the agenda of organisations from a Corporate Social Responsibility perspective for some time. However, with the introduction over the last few years of various reporting requirements such as gender pay and modern slavery reporting, there has been a shift towards these topics becoming key corporate governance issues that require board-level engagement.
How long should a CEO stay in place?
Short-term changes at the top do not result in long-term or sustained success.
Smaller listed and AIM quoted companies – a practical guide for audit committees on improving financial reporting
Designed to give investors, and other users, the ability to assess the financial integrity of a company, financial reporting and compliance with relevant reporting frameworks is an essential tool for holding management to account. More than this, high quality financial reporting can contribute to a strong and efficient economy by improving transparency and liquidity and thereby lowering the cost of capital.
How can we create forward-looking boards?
Exploring psychological safety in the boardroom
Future boards: Leading strategy to embrace sustainability
In India, growth and employments take precedence over sustainability, so making a business case for sustainability is a challenge, writes J.S Ahluwalia.
Seven reasons why a board role can boost your career
There is a lot of focus on how to get non-executive director (NED) positions on corporate boards and the best way to build a portfolio career – but many professionals don’t realise the value of laying the groundwork for success at this level much earlier in their careers.
Shareholder issues turning from niche to norm
As they move towards stewardship rather than simple ownership, shareholders are becoming more active