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Table Of Contents

Preface
1. The need for King III
2. The governance framework
3. Corporate governance and the financial crisis
4. The new constitution of commerce
5. The link between governance principles and law
6. Legislation
7. Key principles of this report
8. Emerging governance trends incorporated in the report
10. Language, gender and terminology
11. Application of the code
12. Effective date
Role and function of the board
Composition of the board
Board appointment processes
Director development
Company secretary
Performance assessment
Board committees
Group boards
Remuneration of directors
Corporate citizenship: leadership, integrity and responsibility
Membership and resources of the audit committee
Responsibilities of the audit committee
Internal assurance providers
External assurance providers
Reporting
Responsibility for risk management
Risk assessment
Risk identification
Risk quantification and response
Assurance over the risk management process
Disclosure
Key risks facing the modern company
The need for and role of internal audit
Internal audit’s approach and plan
Internal audit’s status in the company
Transparency and accountability
Methods and timing of reporting
Introduction
Dispute resolution
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King Report on Governance for South Africa 5B1 5D

King Report on Governance for South Africa 5B1 5D

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Published by eliaser123

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Published by: eliaser123 on Jul 05, 2011
Copyright:Attribution Non-commercial

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07/24/2015

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