FORMATIVE ACTIVITY 16: KING REPORTING

Based on your understanding of the King III Report and its influence on corporate governance in South Africa, answer these questions: US242916 SO1 AC1-4; SO3 AC3, 4 [Total marks: 40]

1. Critically explain the importance of complying with laws, regulations, rules and standards when compiling a corporate governance policy. (5 marks)

2. Illustrate and critically evaluate reasons why risk management is so critical to ensuring effective corporate governance. (5 marks)

3. Interpret the latest annual report from a listed company and assess the extent to which the report complies with the principles of integrated sustainability reporting. (10 marks)

4. Prove why this publicly listed company accountable for its operations and activities? Critically explain your answer by providing relevant examples. (5 marks)

5. Compare and contrast the similarities and difference between the King III and King IV reports. (10 marks)

6. Critically explain what King IV would mean to your organization. (5 marks)