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Book Review of the National Audit Office s corporate governance

Download or read book Review of the National Audit Office s corporate governance written by Great Britain: Parliament: House of Commons: Public Accounts Commission and published by The Stationery Office. This book was released on 2008-02-11 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents John Tiner's "Review of the National Audit Office's corporate governance". The head of the National Audit Office, the Comptroller and Auditor General (C&AG), is an Officer of the House of Commons appointed by the Queen, and is completely independent of Government and enjoys complete discretion over the discharge of his functions. The current C&AG has put in place a number of governance processes, but in their effectiveness these fall short of what is currently best practice. The NAO must remain independent, but work within systems of governance that are consistent with best practice, and follow relevant auditing and professional standards. The main proposals are: (1) the NAO should be formed as a body corporate with a governing board comprising a majority of independent non executive directors. Its main functions should be to set the strategy of the Office, support and oversee the work of the C&AG, ensure the Office conducts its business in an economic, efficient and effective way and satisfy itself that the systems of governance and internal controls operate effectively and to the highest standards. (2) The Chief Executive (the C&AG) should have complete personal discretion as to the audit judgements he reaches and the presentation of those judgements to the Public Accounts Committee and other committees of Parliament as may be necessary. (3) Both the Chairman and Chief Executive of the NAO Board would be appointed by the Queen on a motion from the House of Commons. The Chairman and the other non-executives should be appointed for a term of 3 years renewable once. The Chief Executive should be appointed for a fixed term of 8 years which cannot be renewed.

Book Draft Clauses on Corporate Governance of the National Audit Office

Download or read book Draft Clauses on Corporate Governance of the National Audit Office written by Great Britain. Parliament House of Commons. The Public Accounts Commission and published by . This book was released on 2008 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: In March 2008 the Commission published their resopnse to John Tiner's review of the corporate governance of the National Audit Office. The Government agreed to make provision in the Constitutional Renewal Bill for those parts of our proposals which required legislation.This paper sets out how the Commission's proposals might be taken forward.The draft clauses and explanatory notes embody these proposals and reflect the decision that NAO Board should have nine memebers with a non-executive majority of one and the proposal for a prohibition on a former Comptroller and Auditor General (C & AG) accepting any post in any body which the C & AG has audited or which is in the figt of the Government. Further consideration to the C & AG remuneration. It is acknowledged that the draft clauses will need to be reviewed prior to inclusion in the Constitutional Renewal Bill

Book Corporate governance of the National Audit Office

Download or read book Corporate governance of the National Audit Office written by Great Britain: Parliament: House of Commons: Public Accounts Commission and published by The Stationery Office. This book was released on 2008-03-06 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Response to the Tiner Review contained in the Public Accounts Commission, 14th report, HC 328, session 2007-08 (ISBN 9780215513625)

Book Corporate Governance in Commonwealth Authorities and Companies

Download or read book Corporate Governance in Commonwealth Authorities and Companies written by Australian National Audit Office and published by . This book was released on 1999 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Corporate Governance Best Practices

Download or read book Corporate Governance Best Practices written by Frederick D. Lipman and published by John Wiley & Sons. This book was released on 2006-08-08 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Corporate Governance Best Practices "A thorough and thoughtful guidebook on the governance lay of the land." -Professor Charles M. Elson, Woolard Chair in Corporate Governance and Director of Weinberg Center for Corporate Governance, University of Delaware "Frederick Lipman provides a comprehensive approach to best corporate governance practices for all organizations, which is current, thoughtful, and practical. Directors and corporate governance personnel of public, private, and not-for-profit organizations must read this book." -Professor Raphael H. Amit, Director of Goergen Entrepreneurial Management Program, Wharton School of Business "Fred Lipman is considered by many directors and CEOs to be the preeminent expert on corporate governance in the country. His advice on this important topic, which impacts the boards of all types of organizations-public, private, and not-for-profit-is required reading in this day and age." -Frederick (Ted) Peters, Chairman and Chief Executive Officer, Bryn Mawr Bank Corporation (aka The Bryn Mawr Trust Company) "Boards of directors must be aware of best corporate governance practices in order to be effective in their oversight role and that is true for all not-for-profit organizations, including universities, as well as public and private companies. Frederick Lipman has authored a practical and comprehensive guide to 'best practices' for all boards of directors, which is required reading." -George P. Tsetsekos, PhD, Dean, Bennett S. LeBow College of Business, Drexel University "In a world of 'good,' 'better,' 'best,' where 'good' and 'better' may not be good enough, Fred Lipman's new book is a straightforward, and even comforting, compendium of BEST governance practices for serious directors. It is a handy and reassuring tool for the conscientious." -Allen R. Freedman, Audit Committee Chairman, StoneMor Partners LP,Founding Director, Association of Audit Committee Members

Book Performance Audit Report

Download or read book Performance Audit Report written by Audit Office of New South Wales and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Aspects of Corporate Governance

Download or read book Aspects of Corporate Governance written by Australian National Audit Office and published by . This book was released on 1997 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Corporate Governance Accountability and Transparency  A Guide for State Ownership

Download or read book Corporate Governance Accountability and Transparency A Guide for State Ownership written by OECD and published by OECD Publishing. This book was released on 2010-02-02 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide provides viable policy options and a step-by-step road map on how to address typical difficulties, risks and hurdles that may be encountered in the governance of state-owned enterprises.

Book Corporate Governance in the Australian Broadcasting Corporation

Download or read book Corporate Governance in the Australian Broadcasting Corporation written by Australian National Audit Office and published by . This book was released on 2002 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: The audit was undertaken following advice from the Joint Committee of Public Accounts and Audit to the Auditor-General that assurance that ABC programming adequately reflects the ABC's Charter was an audit priority of Parliament. The focus of the audit was on the governance arrangements of the ABC Board and management that enable the ABC to demonstrate the extent to which it is achieving its Charter obligations and other statutory requirements, effectively and efficiently.

Book Corporate Governance and Control

Download or read book Corporate Governance and Control written by Alex Dunlop and published by Kogan Page Publishers. This book was released on 1998 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a practical analysis of the aspects and areas of corporate life that can benefit from the presence of governance and control systems and procedures. These include: board arrangements; executive remuneration; environmental, ethical, health and safety and employment matters; and systems for risk assessment and internal control.

Book Making Governments Accountable

Download or read book Making Governments Accountable written by Zahirul Hoque and published by Routledge. This book was released on 2015-05-15 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, there has been a paradigm shift in public administration and public sector accounting around the world, with increasing emphasis on good governance and accountability processes for government entities. This is all driven both by economic rationalism, and by changing expectations of what governments can and should do. An important aspect of this accountability and governance process is the establishment and effective functioning of a Public Accounts Committee (PAC), a key component of democratic accountability. With contributions from renowned scholars and practitioners, and using case studies from around the world, this research-based collection examines the rationales for current roles of the PACs and explores the links between PACs and National Audit Offices. It also compares PAC practices from developing and developed countries such as Africa, Asia, Pacific islands, and Europe with both Westminster and non-Westminster models of government. This will be valuable reading for academics, researchers, and advanced students in public management, public accounting and public sector governance.

Book Corporate Governance

Download or read book Corporate Governance written by Vasant Raval and published by CRC Press. This book was released on 2020-03-27 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book facilitates a systematic comprehension of internal workings of corporate governance in practice. Facets of this multidisciplinary, constantly evolving field are discussed and interrelationships among them are explained to provide insights on how certain precepts come into play for various roles in governance. This book pragmatically explains and illustrates with a view to integrate. To keep the scope achievable, the emphasis is placed on the U.S.-based companies; where possible, differences in governance around the world are identified. Three rich sources of knowledge help shape the message of this book: existing paradigms, personal experience in governance, and research on issues and challenges of governance. Features: Permits a holistic view of the complex corporate governance landscape. Discusses and generously illustrates the practice of corporate governance. Aids understanding of issues and challenges of corporate governance. Identifies ways to advance the value of one’s role in corporate governance. Teaches how to avoid crucial mistakes that compromise the value of one’s contribution in the governance process. If you are a professional accountant, securities lawyer, economist, financial analyst, auditor, executive, entrepreneur, or an investor, you will find the book helpful in understanding the entire landscape of governance fairly quickly. Those already involved in the governance arena may find the book refreshing, and may use it to coach others. This book can serve as a reference book in any offering of a course at any academic level.

Book The Shareholder Executive and public sector businesses

Download or read book The Shareholder Executive and public sector businesses written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2007-02-28 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite privatisation, central and local government still own or part own a number of companies with a combined turnover of over £25 billion. Reconciling public policy with shareholder value can be problematic and so the Shareholder Executive was established in 2003 to improve the Government's ability to act as an effective shareholder. This report examines the impact of the Executive and whether it is on course to meet its objectives. The overall finding is that, to date, it has generally acted as an effective and intelligent shareholder and has proved value for money. However there issues that need to be addressed to allow the Executive to build on its early work. A number of recommendations are made, including moving it out of DTI and giving it independent status.

Book Internal Audit

Download or read book Internal Audit written by Australian National Audit Office and published by . This book was released on 1998 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Government Auditing Standards   2018 Revision

Download or read book Government Auditing Standards 2018 Revision written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision.

Book Corporate Governance

Download or read book Corporate Governance written by and published by . This book was released on 2003 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A Primer on Corporate Governance

Download or read book A Primer on Corporate Governance written by Cornelis A. de Kluyver and published by Business Expert Press. This book was released on 2009-01-01 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a primer on corporate governance for executives. It is designed to guide you to become an effective participant by discussing corporate governance from both a macro- and micro-perspective. Historical data and examples including the recent scandals that have torn the fabric of capitalism pave a pathway to the principal challenges facing today's boards, and how to successfully manage them. This book is your guide; using well-known examples throughout history to illustrate the key points you need to succeed. It is not a bashing of corporate Americas.