Guidance
Below are some links to relating to corporate governance guidance which you may find useful.
The UK Stewardship Code (2012)
The UK Stewardship Code sets out the principles of effective stewardship by investors. Indoing so, the Code assists institutional investors better to exercise their stewardship responsibilities, which in turn gives force to the “comply or explain” system.
The UK Corporate Governance Code (2012)
The Combined Code on Corporate Governance sets out standards of good practice in relation to issues such as board composition and development, remuneration, accountability and audit and relations with shareholders.
UK Corporate Goverance Code
Turnbull guidance
The Turnbull guidance sets out best practice on internal control for UK listed companies, and assists them in applying section C.2 of the Combined Code.
The Turnbull guidance was originally published in 1999. In July 2004 the FRC set up a group chaired by Douglas Flint (Group Finance Director, HSBC Holdings plc) to review the guidance and update it where necessary, in the light of experience in implementing the guidance and developments in the UK and internationally since 1999. Following the review the FRC published updated guidance in October 2005.
Smith Guidance on Audit Committees
This guidance is designed to assist company boards in making suitable arrangements for their audit committees, and to assist directors serving on audit committees in carrying out their role.
Institute of Internal Auditors UK and Ireland (IIA)
Over the years, the IIA has created numerous pieces of guidance on internal auditing.
Professional guidance
BIS (Department for Business Innovation & Skills)
Guidance on the changes to the Directors’ Report requirements in the companies Act 1985.
Director Report Guidance
Quoted Companies Alliance
Guidance for Smaller Quoted Companies on Preparing a Business Review.
Guidance booklets
