The requirements of the stock exchange listing
agreement go well beyond the requirements of the companies act insofar as the
listing agreement requires full
agreement go well beyond the requirements of the companies act insofar as the
listing agreement requires full
disclosure to be made of all amounts paid to or
for the benefit of named directors. This includes salary, bonuses, pension contributions
and benefits.
The auditor has to audit the required disclosure
and should include this in their normal audit work and the auditors’ report
will include an opinion on the directors’ remuneration statement.
and should include this in their normal audit work and the auditors’ report
will include an opinion on the directors’ remuneration statement.