Question
select a company from Kuwait Boursa or from the company website. Go to Investors Relation and find the company annual report and/or Corporate Governance Report.
select a company from Kuwait Boursa or from the company website. Go to Investors Relation and find the company annual report and/or Corporate Governance Report.
3. Conduct a research on the Kuwait Corporate Governance Code/Law
4. Using the Corporate Governance Report of the company, determine how did the company complied with principles of corporate governance particularly on
1. Recruit Highly Qualified Candidates for Members of a Board of Directors and the Executive Management
2. Safeguard the Integrity of Financial Reporting
3. Ensure Timely and High-Quality Disclosures and Transparency
4. Encourage and Enhance Performance
Part A. Introduction of the Company
Part B. Brief summary of non-financial disclosure
1. Corporate governance (number of board of directors and overview of their background like are they highly qualified and how many directorship they have)
2. Number and name of committees (also number of members in each)
3. Sustainability report
Part C. Disclosure related to Tax and Depreciation:
1. Types and percentage of tax paid (explain the purpose of each tax)
2. Identify the accounting standards under which tax is measured.
3. Which method has been used for depreciation and what was the percentage of depreciation.
4. Elaborate the useful life of each asset.
Part D. Conclusion:
Analyze the overall standard and Decision usefulness of annual report of the company in accordance with the Conceptual Framework for financial reporting.
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