Handwritten notes from probably 3 different meetings or situations as three different papers, covering most topics of the Committee's investigations.
The paper briefly reviews issues in corporate governance: appointment of non-executive directors to the board and their contribution; the integrity of financial information; auditing standards and the responsibilities of auditors.
The brief is to consider : management's responsibility for financial statements; the need to require companies to maintain adequate internal control systems; the implications of these issues for the role of audit committees. Membership of the Committee is listed.
Letters to AC and RTZ expressing concern about the large increase in top salaries and accounting practices.
Neville Bain sets out some points on directors and responsibilities, annual reports and audit committees.
Offering sample copies of new product dealing with financial reporting by companies.
Objective of the meeting: to canvass Sir Ron's view of the ground the Committee might cover.
Includes the terms of reference of the Working Party formed by the Institute of Chartered Accountants of Scotland to address selected issues concerning corporate governance.
Contains thoughts on information disclosure, closeness of auditors to clients and Board responsibility, narrative information rather than figures, enforcement, directors' remuneration and comments on meaning of 'financial aspects of corporate governance'.
Charkham writes to Sir Adrian including a letter to ICAS about possible inclusions in reports: summaries of key people; products or services report; prospects / financial plan for the future; performance.
Puts a point of view on the types and amount of information that should be required, remembering that many companies operate internationally.
Also attached is a letter to the Financial Times about wealth creation by businesses and attendant accountancy practices.
Covering letter and Hugh Collum's response to the Accounting Standards Board's publication on Structure of Financial Statements and the Statement of Principles
Extracts relate to communication of information to shareholders and delay in achieving voting rights.
Paper prepared by Neville Bain. Not clear who is the intended audience.
This is a reply to a request for comments on financial reporting, audit committees and the responsibilities of auditors.
17. Memoranda to the Committee from the Financial Reporting and Auditing Group 1- giving more power to shareholders in their dealings with auditors CFACG(91)9 FRAG and 2 - the form an content of financial reporting.
These documents consider the issues in detail. These documents should be with the minutes which are missing.
Submisson concentrates on communication between companies and their shareholders, reporting on intangible assets and non-executive directors.
The submission covers the composition of the Board e.g. Separate Chairman and Chief Executive, non-executive directors; qualitative and quantitative financial reports, importance of non-executive directors, external auditors and audit committees.
Submission covers the role and responsibilities of boards of directors, financial reporting, shareholders, auditing and regulation.
Main content is 'A submission to the Committee on the Finacinal Aspects of Corporate Governance by the Institute of Public Relations , City & Financial Group, December 1991.
Covers issues such as communication between boards and shareholders, emphasis on the long term, corporate reporting, company-auditor relationships, responsibilities of non-executive directors, audit committees and auditors responsibilities.
Submission and response on social and environmental accounting
Letter seeks to clarify the focus for the Committee. Letter also sent to Sir Ron Dearing and Mike Lickiss.
Letter sets out Arthur Andersen's views as a contribution to evidence gathering.