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Helping Canadian corporate directors stay informed
The Directors' Series provides Canadian corporate directors with an opportunity to stay informed in a time of frequent change and growing demands.
The Post Truth Era – Issues for the Audit Committee…and beyond
Popular wisdom has it that we are living in the Age of Post Truth. The issue is not the sole preserve of the media and politicians. In the world of business, investors are confirming their growing reliance on information other than that contained in financial reports. The bigger question is the reliability of the growing array of corporate information being released to the public. The panel at our November 16 session of the Directors’ Series, addressed a number of the underlying causes in the loss of confidence in public information and the issues it poses for audit committees and boards as a whole.
- Highlights from the impactful panel discussion with corporate directors and topic specialists on the Post Truth Era.
Shifting enterprise risks: New action steps for the audit committee’s year-end agenda
On October 20, 2016, Deloitte’s Directors’ Series brought together a panel of experts to widen our perspective by discussing a broader set of non-economic risks and uncertainties. In addition to the strategic implications, the conversation focused on the 2016 year-end deliberations facing audit committees in an era of rising expectations for better risk assessment, improved oversight of financial reporting and the trend towards more regulation of “good behaviour”.
- Highlights from a Deloitte-hosted panel discussion with corporate directors and governance specialists that examined the emerging risks and opportunities facing audit committees
- Questions audit committees can ask to gain a deeper understanding of the risk environment
- Action steps audit committees can take now to better position themselves to face disruption
Long termism and shareholder engagement
April 7, 2016 – Watch replay
The April 7, 2016 session of the Directors’ Series explored various aspects of operationalizing a longer term view in the boardroom, as well as approaches used in organizations whose owners are free from some of the shorter term pressures of public companies and set governance practices accordingly. Also there were many insights shared at this past session and we’d like you to consider a few that may be of importance to you and your board.
- Companies get the shareholders they deserve
- A strong organization is organized for accountability from management right up to the board
- A board’s ultimate defense against activists is to ensure that management is achieving the strategy and goals that were approved by the board
Focus on the audit committee
January 7, 2016 – Watch replay
The January 7, 2016 session of the Directors Series focused on the top-of-mind risks for audit committees, a review of financial reporting trends, a regulatory update on the OSC’s priorities for 2016 and much more. Also there were many insights shared at this past session and we’d like you to consider a few that may be of importance to you and your board.
- Consider what your organization’s vision is for their financial reporting.
- Think beyond the numbers.
- Remember that financial reporting is not just a compliance exercise.
Diversity in the Boardroom: Moving beyond the “Why”
November 24, 2015 - Watch replay
On September 28, 2015, the Canadian Securities Administrators released Multilateral Staff Notice 58-307, the first review of the diversity disclosures now required of public companies as a result of the amendments made to National Instrument 58-101. The review indicates that filings fall short of expectations.
In this special live Directors’ Series webcast, a panel of experts discussed the results of the CSA report and the pragmatic measures for moving organizations’ diversity agendas forward. There were many insights shared at this past session and we’d like you to consider a few that may be of importance to you and your board.
- The objective is not diversity for diversity’s sake, it is about driving better corporate performance.
- The entire debate about diversity is a leadership issue.
- The world of corporate boards is very competitive. It is up to board candidates to consider their skill sets and ensure that they are truly “board ready.”
Disruption and innovation: Are directors sufficiently engaged?
October 8, 2015 - Watch replay
The October 8, 2015 session of the Directors’ Series examine the issues and opportunities surrounding technological and competitive disruption and innovation.
There were many insights shared at this past session and we’d like you to consider a few that may be of importance to you and your board.
- Disruption is not necessarily technological – it can come from a variety of areas.
- To develop a culture of innovation, the tone from the top must communicate the value of innovation, align it with the organization’s business objectives, and track, measure and reward performance.
- Boards must be open to and embrace change.