Principal
CurrentIt's never too early to think about corporate governance, and SMEs interested in attracting capital can use governance as a core value proposition. Research shows well-governed companies demonstrate sustainably better long-term financial results and providers of equity and funds understand that good governance means potentially better security.Corporate governance can be described as the structures and processes that improve strategy, performance, compliance and accountability, and these structures and processes can be implemented incrementally as business needs grow. As SMEs and early-stage companies have unique needs at various stages of development, ASSYST can help by providing support for implementing / improving governance and financial management practices.ASSYST supports SMEs in Governance and Company Secretarial by:o Setting Terms of Reference and outlining the roles & responsibilities for board and audit committeeso Outlining compliance requirementso Supporting company secretarial activitiesASSYST supports policies, processes and procedures by:o Establishing/reviewing/collating accounting policies & procedureso Facilitating development of Risk Management policy & processeso Setting-up internal controlsASSYST provides accounting support to SMEs in:o Reviewing the financial performance reporting processo Supporting financial / cash flow planning and cost-benefit analysiso Reviewing applicable accounting standardso Liaising with external auditors on the company’s behalf o Supporting filing of the Annual Return (Form B1)
