CEO/CFO sign-off has shaky start

2004 was a transition year when it came to having the CEO or CFO sign off on risk management and internal controls (more…)

Lack of governance hindering govt enterprises

Federal and state governments may be adept on imposing business rules and regulations but they need lessons in how to run a business commercially and have proper corporate governance processes in place (more…)

Insuring fit and proper standards

APRA is reviewing the “fit and proper person” standards of those serving or intending to serve as a director on insurance and banking companies (more…)

The danger of too much regulation

A senior US judge has warned government that corporate regulation has gone far enough and that further regulation will have adverse effects (more…)

A new twist on a chairman’s responsibility

Should shareholders define a chairman’s duties? Should the rules under which the board governs the company be amended to specifically reflect the duties and limits of a chairman’s power? The board of Boeing is currently grappling with this (more…)

Divided by common language

Do we speak the same English language? Well, not quite when it comes to financial reporting and auditing (more…)

New debt collection rules

ASIC and the ACCC have revised the draft debt collection rules following comment from industry (more…)

Govt agencies to monitor cartel practices

The ACCC has issued an information package to government procurement agencies to help red flag cartel behaviour (more…)

Making sure the SME cash flows

Businesses fail not because of a lack of profits but a lack of cash and it is cash flow that give business owners their biggest worry (more…)