The Auditor: Quo Vadis?The audit profession is at a tipping
point. Without significant innovation in its business model, staff
recruitment strategies and audit execution processes, the audit
profession may not remain relevant in the 21st century.
The
number of claims against auditors has significantly increased over the
past twenty years due to the spate of corporate and audit failures early
in the 21st century (Enron, Worldcom, Parmalat, etc.). Regulation to
monitor professional and ethical standards has increased, leading audit
firms to feel under even more financial pressure.
In addition,
the investor community is calling for greater insight and foresight from
auditors. These challenges, coupled with the unlimited liability regime
of auditors still applicable in many jurisdictions, are making audit
firms and regulators nervous as to the systemic risk of another one of
the Big 4 failing.
And yet, the audit profession is in place to
protect businesses, their wider stakeholder groups, including clients
and investors, and society at large. Therefore, this book asks the
important question about the profession’s future and engages a broad
readership in the discussion of audit failure and reform.
Intended to help readers to get up to speed with the issues and possible
solutions quickly, this book assists directors, investors, business
people and regulators, especially those with a non-financial background,
to gain a greater understanding of the challenges and threats being
faced by the audit profession, which in turn could disrupt the capital
market and affect businesses across the globe.
The book outlines
the critical success factors needed for a sustainable audit profession.
Publication date: 2018 |
Available
from Amazon
& Exclusive Books |
Integrate: Doing Business in the 21st CenturyIntegrate is an easy read guide for people in business about the new way
of thinking in running a company today. Businesses, large and small,
have the same issues to contend with: greater expectations of their
stakeholders, rising consumer power in the digital information age,
environmental constraints, economic uncertainty in the aftermath of the
global financial crisis, and social uncertainty on rising income
inequality. Doing business today is quite different from the past.
Different corporate tools are needed.
One of the four corporate
tools for today’s business is integrated thinking. This extends strategy
and daily management beyond the pure financial to encompass the social
and environmental factors that deeply affect a company’s future
viability in the 21st century. Integrated thinking leads to another tool
– the integrated report. This tells the company’s story of how it
creates value and how it can create value in the future. The global
financial crisis showed that a more understandable and holistic form
of company reporting is crucially needed.
This book offers
practical guidance on integrated thinking and the integrated report.
Publisher: Juta
Publication date: 2013 |
Available
from Takealot.
Juta Customer Services. Click
here
for more |
Edited by Richard Steyn, former editor of The Star,
and endorsed by the Institute of Directors, the Chartered Marketing
Council, the Advertising Standards Association and the Marketing
Excellence Awards, the book is summed up by Dr Ivan May in his
introduction: "Sponsorship SA... is a guide to optimising sponsorships
and avoiding some of its costly hazards."
The book has been arranged in sections and contains articles from
contributors who are recognised as experts in their specialised fields,
including Prof Mervyn King SC on "Administered Mediation - King 3".
Publisher: Wag the Dog Publishers
Publication date: July 2008 |
Available
from
acounts@iconicgroup.co.za
or
Renio at 011-447-7740 Click
here
for more |
|
 |
Chief Value Officer Integrated
Reporting is having a profound impact on corporate thinking and
reporting. Value is being assessed on the basis of the sources of value
creation used by an organisation and not through a financial lens alone.
In Chief Value Officer: Accountants Can Save the Planet, Mervyn
King, a global corporate governance and reporting leader, challenges
some of the systemic issues preventing organisations from managing in an
integrated value-creation way. The shareholder-centric governance model,
currently favoured by most companies, will not result in changes to
corporate behaviour that can create value in a sustainable manner.
The
book, therefore, firmly places the accountant in the position of
changemaker – the finance professional today should be more of a value
officer than a financial officer. Consequently, the Chief Finance
Officer should be known as the Chief Value Officer.This book explains
this new approach. It encapsulates the essential reasons for adopting
integrated reporting, explains its application to date and proposes the
next steps needed to achieve change that will improve business, social
and environmental sustainability.
Publication date: 2016 |
Available
from Takealot & Amazon. |
Transcient CaretakersYou don’t have to be a scientist to see the evidence of manmade climate change. The weather is getting warmer and will heat up more as the atmosphere traps greenhouse gases emitted by combustion of petroleum, coal or gas. As informed readers know, if global warming continues at its present rate, the effects will be calamitous. Oceans will rise, submerging island nations and coastal cities. Food and fresh water will diminish. Extreme weather will be more common. Earth will become hostile to its inhabitants.
What can be done? More than you might think. Mervyn King and
Teodorina Lessidrenska offer a hopeful prescription for sustainability
and change, plus an important, sobering report on the challenge of
global warming and its impact.
getAbstract praises
their analysis and their practical advice on how people can work
together to make a difference.
Click
here for getabstract's book summary on "Transient
Caretakers".
Publisher: Pan Macmillan
ISBN: 9781770101623
Publication date: 2009 |
Available
from Takealot. |
The Corporate CitizenThe interest in good corporate governance has grown tremendously in
the past decade. Corporate scandals, environmental awareness and
globalisation have all played their part in raising shareholder and
public awareness in how companies should be governed.
Publisher: The Penguin Group (SA) (Pty) Ltd
ISBN: 9780143025085
Publication date: March 2006 |
Available
from Takealot. |
Challenges of
Governance in South Africa and Abroad - ICASA & Network Finance
Breakfast
23 July 2008 |
PPT | Filesize:
190kb |
Download |
Text of Mervyn King’s
Speech at the 2008 Wits commerce, law and management graduation
03 April 2008 |
MS Word | Filesize:
36kb |
Download |
King Report on
Corporate Governance for South Africa - What it means to you (report by
a major SA law firm)
Courtesy: Cliffe Decker Attorneys
2002 |
PDF | Filesize:
656kB |
Download |
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