Non-Executives are there to consider the interests of all stakeholders – including staff

The consultation paper on executive pay launched by the Department for Business, Innovation and Skills last month included proposals to force firms to put staff representatives on remuneration committees to help curb the worst excesses of executive pay and provide a better link between boardroom pay and that of the wider workforce. Business secretary Vince CableContinue reading “Non-Executives are there to consider the interests of all stakeholders – including staff”

UK listed company audit committees fall short of best practice, says report

The majority of audit committees on UK listed companies fall short of best practice in their reporting, according to a new report by accountants BDO LLP and the Institute of Chartered Accountants in England and Wales. James Roberts, senior audit partner, at BDO LLP, said: “Like the auditor, the audit committee is a guardian ofContinue reading “UK listed company audit committees fall short of best practice, says report”