公司治理前沿动态及国际趋势.ppt

HK [click] Management have to provide such explanation and information to the board as will enable the board to make an informed assessment of the financial and other information put before the board for approval. [click] Director have to acknowledge in the Corporate Governance Report their responsibility for preparing the accounts, and there should be a statement by the auditor about their reporting responsibilities in the auditor report on the financial statements. [click] Unless it is inappropriate to assume that the company will continue in business, the directors should prepare the accounts on a going concern basis, with supporting assumptions or qualifications as necessary. When the directors are aware of material uncertainties relating to events or conditions that may cast significant doubt upon the issuer’s ability to continue as a going concern, such uncertainties should be clearly and prominently set out and discussed at length in the Corporate Governance Report. The Corporate Governance Report should contain sufficient information so as to enable investors to understand the severity and significance of the matters at hand. To the extent that it is reasonable and appropriate, the issuer may refer to the other relevant parts of the annual report. Any such references should be clear and unambiguous and the Corporate Governance Report should not only contain a cross-reference without any discussion of the matters. The board’s responsibility to present a balanced, clear and understandable assessment extends to annual and interim reports, other price-incentive announcements and other financial disclosures required under the Exchange Listing Rules, and reports to regulators as well as information required to be disclosed pursuant to statutory requirements. [click] Australia [click] Recommendation: Have a structure to independently verify and safeguard the integrity of the companys financial reporting. This requires the company to put in place a s