MEASURING THE ORGANISATION’S GOVERNANCE EFFORTS (2022-04-21) By Terrance M. Booysen and peer reviewed by Jené Palmer CA(SA) For many years corporate governance has been a sensitive topic for many boardrooms. In reality, despite the writing of the various codes of corporate governance, the business and state environments remain littered with examples of failed governance. Given that the South African business landscape still finds itself in deep trouble, one may argue that the introduction of the latest King IV™ Report on Corporate Governance for South Africa 2016 and its outcomes-based reporting has still not had the desired impact in driving governance change. April 21, 2022 General, Governance Framework, ISO 37000, ISO Standards, Risk, Stakeholders ISO 37000, King IV, governance framework, risk, audit, board, measure, metric, ISO, governance code Read More >>
INTERNAL AUDITORS PLAY AN IMPORTANT ROLE IN STRENGTHENING THE GOVERNANCE OF AN ORGANISATION (2020-08-12) By Glen Talbot(CA) SA and Terrance Booysen and peer reviewed by Jené Palmer CA(SA) People who occupy positions of authority include not only executive and non-executive directors of the board, but also managers who have the means of influencing or causing material changes in the organisation. The latter, according to the South African Companies Act of 2008, are known as ‘prescribed officers’ and together with the organisation’s directors and internal auditors, can all be held liable for not ensuring that the interests of the organisation are being adequately served and protected. August 12, 2020 Corporate Governance Framework®, General, Governance Framework, Internal Audit, Risk, Stakeholders Corporate Governance Framework®, internal auditors, governance framework, GRC, CGF, stakeholders, assurance Read More >>