In light of recent high-profile corporate collapses, Corporate Governance in Australia has become increasingly important for companies to implement.
There is much for a business to consider in the complex world of Corporate Governance, and it can sometimes be overwhelming for a business owner or manager to remain current while trying to run an operation. Cleave Accounting advisors make it their business to be in the know. We partner with clients to share our information and engender a comprehensive understanding of the specific rules and structures that need to be in place to ensure that the conduct and actions of senior representatives are in the best interests of the company as a collective rather than the individual.
In the absence of clear designation of corporate governance and respective duties, companies may face roadblocks raising capital or arranging finance for loans. It can also leave a business open to risk and potential internal disputes, that if unmanaged can be costly and lead to operational failure and other issues that can linger for years following.
By establishing and abiding by an explicit delegation of authority, clients can more effectively manage their risk and employees will recognise the decisions that they can and cannot make on their own.
Cleave Accounting partners with clients in navigating through the complexities of writing and implementing corporate rules and regulations. We do all of the groundwork and help communicate to all stakeholders so they are informed of their rights and decision-making constraints.
Cleave Accounting can help with:
• Strategy development, implementation and review
• Board composition, review and performance
• Corporate disclosure
• Executive remuneration
• Financial integrity
• Guidelines for reporting and authority
• Investor packs
• Management Information Systems (MIS)
• Providing an independent analyst
• Providing an independent audit
• Shareholder voting frameworks