Governance in brief — 2013 holiday briefing on the latest governance developments
Published on:
20 Dec, 2013
Since we published the definitive guide for audit committee members on all the 2013 changes at the end of October ('Governance in Focus - The 2013 audit committee reporting season: New rules or a new regime?') inevitably there has been a few last minute announcements to communicate!
Audit committee members should refer to that publication and this briefing note for the December 2013 reporting season.
The key headlines included in this briefing note are:
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FRC seeks consistency in the reporting of exceptional items.
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FRC guides Audit Committees on oversight of materiality judgements and booking of errors.
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Changes to the Listing Rules’ remuneration disclosure requirements.
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“Some progress but more still to do” – the FRC issues its Developments in Corporate Governance Report for 2013.