The Challenge of Accounting Standards

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In the last few days I have been listening to various podcasts from the Australian Institute of Company Directors in relation to issues of guidance requirements in relation to reporting requirements for boards. See here for their podcasts. The key issue is around the very difficult balancing act between guidance for how boards should report […]

smell of good business

Non executive directors liability issues

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At our recent “Chatham House” meeting (graduates of the AICD course in Perth) we discussed the issues of: 1. Some of the great practical advice that graduates of the AICD Company Directors course had been able to apply; and 2. The legal issues and risks of being a director, particularly non-executive The course is very […]

smell of good business

The West Australian vs WAN

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Last week I attended, along with around 1100 other people, a presentation given by Kerry Stokes as part of the Business News Success and Leadership breakfast series. Kerry and Peter Gammel approached Business News to hold the breakfast with a key aim in mind – to attract solid support from Perth’s business community for his […]

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The Fish Rots From the Head

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This week I had the great pleasure of meeting Professor Bob Garratt, author of the above book amongst others. He was in Perth to present on “Directors and their homework: developing strategic thought”. The presentation was interesting and through provoking and particularly highlighted the ever growing demands on directors, as the scope of what is […]

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Are Directors distracted by compliance?

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I recently attended a workshop held by the Australian Institute of Company Directors that was discussing the challenges of compliance, particularly related to the continuous disclosure legal requirements of Australian companies. The intent of the requirement is to ensure continuous disclosure to ensure an equally and adequately informed stock market. A case study was presented […]