What I’m Reading – Jeff Galt
In this week’s recommendation, the auditing profession is under the spotlight, revealing a need for directors to dig into the numbers.
Finance
Financial literacy is a core competency for directors. The board ensures the probity of financial reports and processes and makes sure they meet a high standard of regulatory compliance. Directors need to be properly informed about the financial position of the company and have a key role in ensuring a company remains solvent.
