Account Straight

Complicated organization structures are making financial statements difficult to understand.
Estimating the underlying risk is also becoming difficult not only for shareholders but for company directors as well.rn

rnExperts on corporate governance speaking at a Institute of Charted Secretaries and Administrators seminar, said that directors should seek professional help when the underlying risk is not clear.rn

rnExperts on governance say the heads of corporate boards will have to take a greater responsibility in spotting emerging trends. rn

rnThe changing demographics in developed and developing countries could be an issue.rn

rnJim Bolger a former Prime Minister of New Zealand was speaking at a seminar on the role of company Chairman on creating value.rn

rnHe also said that its time the private sector stopped asking the government for handouts.rn

rnldblquote They go to the Central Government to ask for efficiency in delivering government services,
dblquote he says.rn