The Boardroom Report
Volume 12 | Issue 14 | 23 July 2014
Make a fresh start this financial year
Directors of small and medium-sized enterprises should make a clean start early in the new financial year, outsourcing overdue accounts to a collection agency and asking for the right reports.
Roger Mendelson, CEO of debt recovery company Prushka, says they should use the new financial year as a reason to revise their trading terms and ensure they are set up properly to protect their businesses.
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Also in this issue
The federal government has released an options paper detailing its regulatory and compliance plans once the charity regulator, the Australian Charities and Not-for-profits Commission is disbanded.
A new report backs widespread calls for the government to reverse the 2009 legislative changes to employee share schemes, showing that reforms could potentially boost the Australian economy by $1.4 billion over a decade.
A recent court decision describes the legal differences between an executive director and a non-executive director.
A study in Canada has found that having just one woman on the board can improve governance and make a difference.