Volume 11 Issue 16

  • Date:21 Aug 2013
  • Type:Boardroom Report

Risk management a weak spot for boards

A McKinsey global survey finds that directors are savvier about strategy, but are spending less time on risk management.

Indeed, they have become increasingly complacent about risks as we move further out from the 2008 global financial crisis, with 29 per cent having limited or no understanding of the risks their companies face.

Moves to enhance auditors' reports

Auditors will be required to report on key audit matters as part of a raft of changes proposed by the IAASB aimed at enhancing auditors' reports.

Preparing for the remuneration reporting season

Mercer's Tim Nice provides 10 tips on how to prepare for this year's AGM season, where very conservative executive remuneration outcomes are expected.

Increase in board spills predicted

Australian directors are warned to stay alert for signs of increased pressure from shareholders following a spike in shareholder activism globally, particularly in the US.

Government looks at employee share schemes for start-ups

The government has excluded listed and mining and mineral exploration companies in its proposals to change employee share schemes to give Australian start-ups a boost.

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