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Posted: May 18th, 2021
Question 1
Extract from the 2015 Annual Report of a large Irish PLC that is a global leader in its field
“Chairman’s Introduction
On behalf of the Board, I am pleased to present this Governance Report to the shareholders….The company has implemented a strong governance framework which supports the effective and prudent management of the business, and helps drive the longterm success of the Group.
During the year, the Board Committees have continued to work effectively. The reports of the Audit and Remuneration Committees are set out in this Annual Report, and provide details of each Committee’s membership and activities during the year….. The Board as a whole have reviewed the Annual Report and Financial Statements, and is pleased to confirm that they consider the annual report and accounts, taken as a whole, is fair, balanced and understandable…. The Governance Report describes how the company has applied the principles of the UK Corporate Governance Code throughout 2015”.
Within the Financial Statements section of the report, the following are listed:
Independent Auditor’s Report Consolidated Statement of Comprehensive Income. Finance homework help
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