Corporate Governance refers to the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies. The shareholders’ role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place.
The role of an external auditor is crucial in achieving the objective of corporate governance. The external auditors are responsible for auditing the company’s financial statement and providing reasonable assurance that they are presented fairly in conformity with the required standards and are in conformity with the Corporate Laws, regulations, procedures, implicit rules and voluntary practices which help companies to perform efficiently and maximize long term value for shareholders and at the same time looking after the interests of other stakeholders like Government, Financial Institutions and Lenders etc.
It is a function of transparency and fairness in operations and making proper disclosures. With the growth in size of these corporate, governance has become all the more important. SEBI and listing agreements of various stock exchanges require that the requirements of corporate governance are duly complied with.
OUR SERVICES INCLUDE:
- Independent Audit & Assurance Services
- Periodic monitoring through internal audit
- Independent verification
- Effective Supervision and Accountability
- Risk Management & Risk supervisory
For more details, please Contact Team BNW