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| Mazars and Corporate Governance |
Sound governance is a vital part of every successful organisation. Depending upon the sector in which you
operate there may be specific regulatory drivers you must adhere to.
The King Report on Corporate Governance in Southern Africa, 2009 (‘King III’) represents a significant
milestone in the evolution of corporate governance in South Africa and for those companies who embrace its
principles, the benefits and improvement in standards is immeasurable. Increasing risk and regulations
calls for business to reflect their honesty, transparency, ethical behaviour and long-term sustainability, as well
as identify and manage risks.
Mazars is dedicated to the demand for sound corporate governance and places increased emphasis on
reporting information flow. Good governance – putting the right controls in place with suitable control
systems - is the key to a smooth-running operation. Stability and assurance from good corporate governance
practices can improve your shareholder value. A business with good governance and risk processes is more
likely to attract finance from global capital markets and overseas trading partners.
The public sector has also developed its governance requirements over the last few years. An increased
focus on governance has led to the restructuring of committees, improved risk management and increased
involvement from independent directors. Whether the focus is to meet best practice or adhere to regulatory
requirements, Mazars has been successfully addressing these requirements for a wide range of entities,
using practical solutions to meet complex needs.
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