Resources
Better Governance Reporting - a Practical Framework,
Published by Independent Audit Limited 2006 (sponsored by ACCA)
This framework is designed to help companies report more effectively on how they are using governance in the strategic management of the business. The report is in two parts: (1) a review of what companies, shareholders and other market participants are saying about governance reporting – how they use it, what the issues are, and the common ground, an (2) a practical framework which companies can use to help bring the general principles of governance reporting to life. Further guidance and examples of good reporting based on this framework can be found at the Independent Audit Limited website.
Telling the story... through the eyes of the board: a framework for the Business Review.
Published by Independent Audit Limited 2006 (sponsored by ACCA)
This framework aims to help companies think through how to put together the Business Review in a way that meets the needs of shareholders and others for a clear picture of strategy and performance. It suggests a Business Review which acts as a concise overview and, by signposting to further detail, helps bring together the different parts of the annual report into a coherent picture.
Further guidance and an example of a Business Review based on this framework can be found at the Independent Audit Limited website.
Guidance documents on the practice of internal auditing
The website of the Institute of Internal Auditors (IIA) provides official advisory guidance documents on the practice of internal auditing. It includes key documents such as the Turnbull Report, the Sharman Report and the Cadbury Report.