Boards: Human intelligence is important in the AI era
In the vast arena of corporate governance, the integration of artificial intelligence (AI) presents both remarkable opportunities and formidable challenges.
Audit Committees of corporate Boards cannot avoid culpability by blaming auditors: NFRA Chief
The Chairman of the National Financial Reporting Authority (NFRA), Ajay Bhushan Prasad Pandey, emphasised that a company's Audit Committee, primarily composed of Independent Directors, cannot shirk its responsibility for ensuring accurate financial statements, even if auditors fail in their duty.
Good corporate governance supported by women on Boards: Moody’s
Moody's Investors Service, a global credit ratings agency, notes that companies in advanced economies show a link between Board gender diversity and credit ratings, while those in emerging markets do not.
NFRA bats for effective, regular two-way communication between auditors and Boards
National Financial Reporting Authority (NFRA) along with other regulators is focusing more on improving "effective two-way communication" between the auditors and the audit committee of the board and independent directors of the company.