Find out more about the theory and principles of corporate governance.
The purpose of corporate governance is to facilitate effective, entrepreneurial and prudent management that can deliver the long-term success of the company.
Everyone from shareholders to employees to the public should be able to understand what good corporate governance is. It helps businesses restore confidence.
This page lists the key milestones in the development of UK corporate governance beginning with the Cadbury Report. It includes significant reports and reviews, code changes and ICAEW initiatives.
Every NED – not just ‘the ESG person’ – must have a basic grasp of sustainability issues for a board to function effectively, says Jeannette Lichner.
Boards that prioritise transparency and risk awareness will have the correct mindset to help their companies withstand shocks.
We need to make regulatory demands on companies and directors less onerous if we are to attract the best leaders, says Jon Moulton.
The Chartered Institute of Internal Auditors (CIIA) has announced a consultation to revamp its two Codes of Practice (for financial services and non-financial services).
This content series explores the central role board members play in this endeavour and how crucial they are to any organisation’s long term health.
Marking governance should underpin work on corporate culture, risk management and board evaluations. Confident companies will welcome an in-depth analysis which highlights any weak areas which can be improved. In time investors and other stakeholders are likely to pay as much attention to governance marks as they do to audited accounts.
Directors should start using social media to engage with all stakeholders. Social media attracts an enormous number of users, including company employees, suppliers, and existing and new customers. In this ICAEW Connect and Reflect report, we describe the benefits of social media for directors.
The latest ICAEW Connect and Reflect report shows how whistleblowing can help companies and provides an action plan for boards. We explore the five benefits of whistleblowing for companies and then outline the five-point action plan that boards can implement in order to maintain their systems of checks and balances.
Trust in business and other institutions, such as Parliament and the press, has been declining for decades. How do we reverse the tide? Do the measures in the BEIS whitepaper set out a path to build back trust?
The BEIS whitepaper proposes replacing the current regulator, the Financial Reporting Council, with a new, more powerful body, the Audit Reporting and Governance Authority – ARGA. ICAEW’s Iain Wright is joined by a mega-panel of experts to discuss this proposal.
The BEIS consultation on audit and corporate governance reform proposes sweeping changes that will have a profound impact on the way corporate Britain operates. Why is this necessary now? What will it mean in practical terms? And is the timing right?
This webinar looked at the main insolvency reforms contained in the new Corporate Insolvency and Governance Act 2020.
This webinar will help with understanding the FRC’s revised Stewardship Code
This webinar looks at a number of recent Operational Case reports published by the commission and consider how these would inform internal and external audit work in the sector. The topics covered include conflicts of interest and how to manage them, property purchase and sale, charity rationalisation and merger, and the charity governance code.
Simon Lowe, Chairman of Grant Thornton Governance Institute, and Elizabeth Richards, Head of Corporate Governance, ICAEW, discuss the factors that constitute effective corporate governance.
Disclaimer: The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.
A representation dated 26 January 2024 to a consultation published by the FRC on 15 December 2023.
A representation dated 13 September 2023 to a consultation published by FRC on 24 May 2023. Restoring trust in the UK’s corporate reporting, governance and audit regime requires a fully ‘joined-up’ approach to reform.
A representation dated 30 June 2023 to a consultation published by FCA on 3 May 2023.
A representation dated 7 February 2023 to a consultation published by the FRC in November 2022.
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.
The full text of the Combined Code and related documents issued by the Financial Reporting Council.
A chapter examining the concept of 'corporate governance' and its growth and development in England, including the UK Corporate Governance Code.
Overview of key recommendations made for directors' remuneration, as well as the statutory and common law position.
An overview of the corporate governance framework in the UK and the evolution of the UK’s Corporate Governance Code.
An overview of internal control and risk management in the UK’s Corporate Governance Code, with four example checklists.
The meaning of corporate governance and how to apply its theories in practice are covered in this eBook section.
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The Library & Information Service provides a collection of eBooks as a benefit of membership. Please note that ICSA publications are only available to ICAEW members and ACA students. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com
A collection of stories about how inadequate governance and flawed culture caused a massive destruction of shareholder value.
This title provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. Provides practical guidance and expert insight relevant to board members across the spectrum to aid the building of a more effective board. Written from the United States perspective.
An essential source of reference and route map for the position of Non-executive director. Contains case studies and checklists throughout.
A user-friendly guide to compliance for corporate accountants.
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The 2024 Code will apply to financial years beginning on or after 1 January 2025, other than provision 29 which will apply to financial years beginning on or after 1 January 2026. Please refer to the 2018 Code for the reporting periods prior.
A review of the annual reports of 252 of the UK’s FTSE 350 companies. As well as assessing compliance with the UK Corporate Governance Code, the review considers the application, namely quality and detail of explanations, and draws attention to best practice and emerging trends in narrative reporting.
FRC report from November 2023, which gauges the quality of reporting against the UK Corporate Governance Code 100 FTSE 350 and Small Cap companies were assessed. Previous editions can also be viewed
The annual UK Board Index is a comprehensive review of governance practice in the largest 150 companies in the FTSE rankings, providing a valuable indication of the state of boardroom health. Spencer & Stuart also publish Board Indexes for other countries and regions such as the Nordic Board Index and the Spencer Stuart Board Index of the S&P 500 companies in the USA. The website also had a board composition comparison tool - Boards around the world.
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