Question: Can someone please help me answer the questions (1 and 2) in the pictures attached. Question 1 is you are required to summarize the requirements


Can someone please help me answer the questions (1 and 2) in the pictures attached.
Question 1 is you are required to summarize the requirements of all the sub committees required by the King Code by using the table in the picture.
Question 2 is you are required to identify all instances of non compliance with King IV. State the principle that should have applied and explain why the above entity is in contravention of the relevant principle. The information needed to answer question 2 is given in picture 2.
Corporate Governance Question 1 Required Summarise the requirements of all the sub committees required by the King Code by using the table below Question 2 The following is the board of directors for Insta Ltd: H Jacobs - CEO and Chairperson N Norton - Finance Director R Rose - Operations Director C Fulton - Marketing Director L Love - HR Director M Morris - Professor in Auditing at UWC C Bolton - Government office (only attends board meetings) The following additional information has become available to you: Audit committee Comprises of the following individuals : R Rose; C Bolton and N Norton The audit committee is responsible for the performance of the board of directors. During a meeting of the audit committee it was decided that Insta Ltd would acquire shares in Meta Ltd. Internal Audit The internal auditing activity reviews the implementation of the risk management plan annually. C Fulton heads up the internal audit activity as the CAE and reports to N Norton annually. The internal audit activity identifies all the risks that the entity faces and decides how these risks will be mitigated. The internal audit activity also prepares the annual financial statements. Risk committee The risk committee comprises of the HR Director and M Morris Required Identify all instances of non compliance with KING IV. State the principle that should have been applied and explain why the above entity is in contravention of the relevant principle. Corporate Governance Question 1 Required Summarise the requirements of all the sub committees required by the King Code by using the table below Question 2 The following is the board of directors for Insta Ltd: H Jacobs - CEO and Chairperson N Norton - Finance Director R Rose - Operations Director C Fulton - Marketing Director L Love - HR Director M Morris - Professor in Auditing at UWC C Bolton - Government office (only attends board meetings) The following additional information has become available to you: Audit committee Comprises of the following individuals : R Rose; C Bolton and N Norton The audit committee is responsible for the performance of the board of directors. During a meeting of the audit committee it was decided that Insta Ltd would acquire shares in Meta Ltd. Internal Audit The internal auditing activity reviews the implementation of the risk management plan annually. C Fulton heads up the internal audit activity as the CAE and reports to N Norton annually. The internal audit activity identifies all the risks that the entity faces and decides how these risks will be mitigated. The internal audit activity also prepares the annual financial statements. Risk committee The risk committee comprises of the HR Director and M Morris Required Identify all instances of non compliance with KING IV. State the principle that should have been applied and explain why the above entity is in contravention of the relevant principle
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