King IV Report Session
Last Friday the iLembe Chamber held a greatly beneficial Business Club session that was focussed around the King IV Report.
Facilitated by Andrew Kilpatrick, a partner within the Audit and Assurance division of Deloitte SA in Durban, this very informative session unpacked the King IV Report on cooperate governance which comes into effect on the 1st of April. The overarching objective of King IV™ is to make corporate governance more accessible and relevant to a wider range of organisations, as well as be the catalyst for a shift from a compliance-based mind-set to one that sees corporate governance as a lever for “value creation”. The King IV is applicable to all organisations and promotes an integrated way of doing business that will benefit businesses in the long and short term.