2022
CORPORATE GOVERNANCE IN
ACCOUNTANCY (AUE2602)
ASSIGNMENT 02 SOLUTIONS
SEMESTER 1 2022
ASSIGNMENT 02 SOLUTIONS SEMESTER 1 2022
MEL
, QUESTION 1.1
Evaluate the corporate governance practices of Book Marked according to the principles
and practices of the King IV Code™. You should discuss issues relating to compliance and
non-compliance with the King IV Report in your answer.
a) Governing body
❖ Mr Scott the CEO Is not the Chairman of the board which is in compliance with King
IV.
❖ The board does not comprise a balance of power executive and non- executive
directors; there is only three non-executive directors to 5 executive directors. There
should be a majority of non-executive directors and the majority of the non-
executives should be independent.
1|Page
CORPORATE GOVERNANCE IN
ACCOUNTANCY (AUE2602)
ASSIGNMENT 02 SOLUTIONS
SEMESTER 1 2022
ASSIGNMENT 02 SOLUTIONS SEMESTER 1 2022
MEL
, QUESTION 1.1
Evaluate the corporate governance practices of Book Marked according to the principles
and practices of the King IV Code™. You should discuss issues relating to compliance and
non-compliance with the King IV Report in your answer.
a) Governing body
❖ Mr Scott the CEO Is not the Chairman of the board which is in compliance with King
IV.
❖ The board does not comprise a balance of power executive and non- executive
directors; there is only three non-executive directors to 5 executive directors. There
should be a majority of non-executive directors and the majority of the non-
executives should be independent.
1|Page
