We take a highly consultative approach and will work closely with your organisation to evaluate its corporate governance practices against international benchmarks. Our service includes workshops for senior managers and trustees to ensure that skills are enhanced and responsibilities are discharged effectively.
Contact us
Email Jonathan Levy to enquire about this service or discuss your requirements.
How can we help?
In recent years, shareholders, regulators and other key stakeholders have increased their expectations concerning the conduct and practices of organisations. These are now being incorporated into formalised codes of practice.
- How effective and efficient are your organisation's corporate governance systems and practices?
- How rigorous is your board's annual evaluation?
There has never been a better time to review the effectiveness of your organisation's corporate governance systems and practices - and the ICAEW can help.
Our bespoke approach
We can provide a wide range of independent consultancy services related to developing your organisations' corporate governance.
These include:
- Evaluating your organisation's corporate governance systems and practices
- Providing briefing sessions on compliance issues
- Facilitating workshops for senior management teams to help create and deliver successful governance changes
- Developing standards of business conduct
- Developing corporate governance procedure manuals
- Reviewing your organisation's board performance benchmarked against international best practices
- Coaching and mentoring directors and senior managers to ensure that skills are enhanced, and responsibilities are discharges effectively
How will your organisation benefit?
An effective corporate governance system allows entrepreneurial leadership of the organisation within a framework of prudent and effective controls. This enables risk to be assessed and monitored.
Organisations that have improved their corporate governance systems and practices often report the following benefits:
- Having better access to external finance
- Lower costs of capital
- Improved company performance
- Higher firm valuation and share performance
- Reduced risk of corporate crises and scandals
What areas are covered?
The structure and function of key stakeholders within the organisation, including:
- The board of directors
- Board and management committees
- Executive managers
- Company structure (including affiliate and subsidiary companies and joint ventures)
Your business's commitment to corporate governance, examining:
- Standards of business conduct
- Legal and regulatory compliance
- Compliance with voluntary good practice codes
The control environment, including factors such as:
- Internal controls
- Enterprise risk management
- Sensitivity analysis
- Business continuity and disaster recovery
- Stress testing
- Compliance reviews
- Benchmarking against international standards
Transparency and disclosure practices, in relation to:
- The organisation's constitution
- Investor relations
- Stakeholder management
About our consultants
ICAEW consultants are experts in the field of corporate governance. They work with policy makers, directors and boards in Europe, Asia, Africa, the US and South America. They hold a number of board appointments in the UK and overseas, and have written extensively on director and board issues.