CGF ARTICLES, OPINIONS & EDITORIALS
COMBINED ASSURANCE: DOUBLE CHECKS FOR BUSINESS REPORTING (2015-12-10)
December 10,
2015 13479 13479 
Article by Terrance M. Booysen
Considering the heightened awareness of governance reporting and the increased accountability attached to directors; so much has changed for business leaders since the collapse of Enron and WorldCom in the United States, the HIH Insurance Group in Australia and Parmalat in Italy.
Unsurprisingly, South Africa has also had its fair share of corporate failures, most notably those found in the cases of Aurora Mining company, Macmed, Leisurenet, Fidentia and Regal Bank. In most instances of corporate failures; these could be prevented -- or at least the damages reduced -- if good governance measures and early warning signs and reporting systems were in place.
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