Tag: IoD

Post Office audits investigated by FRC
Regulator to examine four audits conducted by EY of Post Office accounts from 2015 to 2018 following Horizon scandal

Institute of Directors launches non-executive director commission
Its aim is to help foster ‘a culture of responsible risk taking and effective governance’ and enhance trust in UK business.

News round-up: this week in governance
Impact of trade wars, slow progress on audit reform, EY fined over Thomas Cook audit; using AI in the boardroom; UK launches code of practice on cyber governance.

UK boards not swayed by US DEI moves
Business approaches to equity, diversity and inclusion remain constructive, ‘despite political headwinds’, says IoD.

News round-up: this week in governance
Better Business Act campaign grows; sustainability warning to US; EY’s female leadership success; FRC reminder over ‘capital restructuring’.

Ministers defend DEI measures in UK governance code
‘Diversity on boards and in organisations promotes better governance, decision-making and transparency,’ says Baroness Twycross.

‘Put your chief risk officer on the board’
Potential threats and opportunities from climate change are not going anywhere, says climate strategy expert.

Irene-marié Esser takes on IoD advisory role
Esser, who is professor of corporate law and governance at the University of Glasgow, joins the Institute of Directors as senior adviser.

Failure to reform audit could hit taxpayers’ pockets
When large firms go bust, ‘the British public pays the price’ in bailouts, job losses and disruption, warns professor.

UK firms urged to continue support for diversity and inclusion
In a trend ‘deeply concerning’ to some, a number of major US firms, including Walmart and McDonald’s, plan to scale back their DEI practices.