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Content Type:
CDM Article
01 Aug 2010
An annual general misery or a valuable opportunity to engage retail shareholders?
Janine Mace
investigates whether the AGM has passed its use-by date.
Facing up to shareholders
The pros and cons of AGMs
Pros:
They are the only opportunity to interact face to face with retail sha...
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Content Type:
CDM Article
01 Jul 2010
An outline of some of the issues addressed recently by the Australian Institute of Company Directors’ Policy and Advocacy team.
Policy Update
Our plan for better remuneration reports
On 4 June, we released a position paper proposing reforms to improve the unduly complex requirements for di...
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Content Type:
CDM Article
01 Jun 2010
ASIC plans to introduce disclosure benchmarks against which infrastructure entities will have to report.
Greg Medcraft
explains how these will work.
Improving disclosure by infrastructure entities
Over the last decade, there has been a steady increase in privately funded infrast...
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Content Type:
CDM Article
01 Jun 2010
Given the nature of their roles, non-executive directors cannot know everything about an organisation and are heavily dependent on management for information.
Domini Stuart
investigates how directors can improve this information flow.
Removing the chinks from the informati...
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Content Type:
CDM Article
01 Jun 2010
An outline of some of the issues addressed recently by the Australian Institute of Company Directors’ Policy and Advocacy team.
Policy Update
Diversity mentoring program underway
Some of Australia’s most senior company chairmen and directors are participating in the Australian Institute of Com...
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Content Type:
CDM Article
01 Apr 2010
Boards are expected to face mounting pressure to increase non-executive director pay.
Allan Feinberg
provides some tips on how to determine what fees to set.
Paying NEDs their worth
A series of governance disasters over the past two years, most notably at Centro Pr...
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Content Type:
CDM Article
01 Apr 2010
Tony Featherstone
reports on how a raft of reform proposals may give the long-neglected not-for-profit sector a helping hand and free up its executives and directors to do what they do best: help make a better community.
NFP reform
Key points
NFP ...
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Content Type:
CDM Article
01 Mar 2010
Gabrielle Upton
discusses AICD’s response to an Australian Securities Exchange consultation paper on a proposed listing rule for director share trading.
Trading through windows and blackout periods
The issue of director share trading is central to maintaining the integrity of Australia’s...
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Content Type:
CDM Article
01 Mar 2010
Paul Madden
explains how the new Standard Business Reporting initiative will reduce your business-to-government reporting burden.
Easing the reporting load
From 1 July 2010, Australian companies will have more time to focus on the bottom line with the introduction of Standard Busi...
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Content Type:
CDM Article
01 Feb 2010
Domini Stuart
discusses why more companies are using underlying profit as a way to report their results in a more meaningful way.
Towards more meaningful reporting
For the year ended 30 June 2009, listed property group Stockland simultaneously reported an unde...
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Content Type:
CDM Article
01 Dec 2009
The Productivity Commission is due to submit its final report on executive remuneration to the Government later this month.
Paul Quinn
explains why he believes some of its recommendations need to be reworked.
Making exec pay PC
The reaction to the Productivity Commission’s (PC) disc...
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Content Type:
CDM Article
01 Dec 2009
Tony Featherstone
discusses the merits of publishing a skills matrix to provide shareholders with the information they need to evaluate the board’s skill sets.
Detailing a board’s skills
A director of a top 100 listed company had to bite his tongue when asked about his skill set at the last...
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Content Type:
CDM Article
01 Sep 2009
The global financial crisis caught many boards off guard.
Tony Featherstone
reports on how boards found the light to help them navigate their organisations through the storm.
Finding the light
Lessons from the GFC
Too many boards and executive teams accepted the statu...
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Content Type:
CDM Article
01 Sep 2009
Belinda Gibson
details some of the projects ASIC has initiated over the past year to ensure the maintenance of good disclosure practices in the wake of the global financial crisis.
Effective disclosure builds market confidence
During this period of economic turbulence, a key objective of...
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Content Type:
CDM Article
01 Aug 2009
Louis White
reports on how more frequent shareholder communications, easy access to online information and the global financial crisis are leaving their mark on the annual report.
The evolving annual report
Key points
Because of the GFC:
More time will be spent on annual reports this ye...
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Content Type:
CDM Article
01 Aug 2009
ASIC’s
Michael Dwyer
provides some guidance for company directors ahead of the financial reporting season.
ASIC’s financial reporting guidance
Many company directors will be working to finalise the financial reports for the 30 June 2009 reporting period. The Australian...
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Content Type:
CDM Article
01 Jun 2009
Rob Elliott
outlines some of the issues addressed by AICD’s Policy and Advocacy department, committees and taskforces over the past month.
Policy Update
IASB discussion paper – Preliminary views on financial statement presentation
AICD submitted a response to the International Accounting...
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Content Type:
CDM Article
01 Mar 2009
Australia joins Global Reporting Initiative
AICD would like to join Senator Nick Sherry, the Minister for Superannuation and Corporate Law, in welcoming the appointment of Dr Simon Longstaff, executive director of the St James Ethics Centre, to the Global Reporting Initiative (GRI) board of directo...
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Content Type:
CDM Article
01 Aug 2008
Nearly three years down the track,
Domini Stuart
finds that International Financial Reporting Standards pose several challenges for Australian companies.
IFRS 3 years on
The quality of our home-grown accounting standards was recognised internationally. However, with Australia com...
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Content Type:
CDM Article
01 Jul 2008
Mark Jones
provides some tips on how to get the best out of your audit committee.
Evaluating the audit committee
Audit committees are fast becoming the engine-room of the board. They are addressing more difficult issues and have acquired more of...