The International Federation of Accountants (IFAC), in November 2019, issued a statement saying that there has to be accounting for value creation and that it is preferable that the chief financial officer is known as the Chief Value Officer. This statement supports value creation in a sustainable manner and indicates that a change of mindset is needed. Effective corporate leaders that think about developing a company’s business model and its strategy on an integrated basis.
The theme of the 3rd colloquium was therefore Integrated Thinking and Doing an Integrated Report, a cornerstone of developing an organization’s business model and strategy on an integrated basis.
The memorandum of proceedings provides a precis of each presentation, input from panelists and a summation by our Patron, Prof. Mervyn King. View the memorandum here or on the GGA Community.
The videos and presentations are available on the Community Portal.
View the agenda here.
Recommended training endorsed by the GGA
(Click on speaker image to view profile.)
Carolynn has spent the last 20 years assisting leaders and leadership teams to understand and apply governance principles and generate value for their organizations. She uses of her expertise and experience in corporate governance, organizational strategy, Digital Transformation and systems thinking to do so.
Carolynn has extensive management and governance experience and has held various Chief Information Officer, Chief Technology Officer, Board, Board Committee and Executive roles for international, listed, private and public organizations. This spans many industries, including financial services, health, energy, construction, education, tourism, media, non-profit and the public sector.
Carolynn is co-editor of the ISO standard for the governance of organizations (ISO 37000), co-convenor of the Governance Maturity Technical Committee (ISO 37004) and Chairperson of the associated South African Bureau of Standards mirror committee, TC309, where she also represents South Africa’s King Committee.
Carolynn is well known for her successes in designing and leading large, complex strategy and organizational transformation implementations – she attributes this success to the application of effective governance principles.
Carolynn has received numerous national and international accolades for public speaking.
Mervyn King is a Senior Counsel, former Judge of the Supreme Court of South Africa, and designated Chartered Director (South Africa). He is Professor Extraordinaire at the University of South Africa, Honorary Professor at the Universities of Pretoria and Cape Town, and a Visiting Professor at Rhodes University. He has honorary Doctorates from Wits University and Stellenbosch University in South Africa, Leeds University in the UK, and Deakin University in Australia.
Mervyn is honorary fellow of the Institute of Chartered Accountants of England and Wales; the Institute of Internal Auditors of the UK; the Chartered Institute of Management Accountants; the Certified Public Accountants of Australia; the Chartered Institute of Public Relations of the UK, and the Chartered Secretaries and Administrators.
Mervyn is Chair Emeritus of the King Committee on Corporate Governance in South Africa, as well as of the Value Reporting Foundation (incorporating the International Integrated Reporting Council and SASB) and the Global Reporting Initiative (GRI). He has received Lifetime Achievement Awards for promoting quality corporate governance globally, from several institutions.
Mervyn chairs the Good Law Foundation and has chaired the United Nations Committee of Eminent persons on Governance and Oversight. He is a member of the Private Sector Advisory Group to the World Bank on Corporate Governance and of the ICC Court of Arbitration in Paris. Mervyn currently chairs the African Integrated Reporting Council and the Integrated Reporting Committee of South Africa and is Patron of the Good Governance Academy.
Mervyn has been a chair, director and chief executive of several companies listed on the London, Luxembourg and Johannesburg Stock Exchanges. He has consulted, advised and spoken on legal, business, advertising, sustainability and corporate governance issues in over 60 countries and has received many awards from international bodies around the world including the World Federation of Stock Exchanges and the International Federation of Accountants.
He is the author of many books on governance, sustainability and reporting, the latest being “The Healthy Company.”
Dr Robertson currently works as a senior lecturer in accounting and finance at Leeds Beckett University. She is also an associate director of The Centre for Governance, Leadership and Global Responsibility where her research interests include Integrated Thinking and Reporting. She passionately believes that the focus of corporate leaders should be in the best interests of the long-term health of an organisation, which requires the recognition that the three dimensions of sustainable development, the economy, society, and the environment, are indivisible and integrated.
She is currently lead researcher on two funded research projects. The first project involves creating innovative solutions for sustainability in higher education and the second project aims to provide practical tools for implementing Integrated Thinking and Reporting in SMEs. She chairs an Integrated Reporting Group at Leeds Beckett University made up of practitioners and academics, who meet quarterly to promote and develop Integrated Thinking and Reporting.
She completed a PhD in Integrated Reporting in 2016, where she conducted 36 interviews with leading executive in seventeen FTSE 100 companies on their perceptions and experiences of Integrated Reporting. She has published several articles based on her research in leading academic journals and practitioner magazines and has presented her research findings at leading conferences.
She has previously worked for 25 years in senior finance roles in industry, with particular expertise in compliance, internal audit and project management. Fiona qualified as a Chartered Accountant in 1988 and is a member of the Institute of Chartered Accountants of Scotland (ICAS) Corporate & Financial Reporting Panel which represents ICAS in relation to financial reporting and broader corporate reporting issues and undertakes proactive initiatives to contribute to the debate on how reporting could improve into the future, to better meet the needs of stakeholders.
Leigh has been deeply involved in integrated reporting in South Africa and internationally since its emergence in 2010. She worked on the development of the International <IR> Framework released in 2013 and its revision in 2021. She has consulted and run board and executive training on integrated reporting internationally and in South Africa and has written numerous publications. Leigh is Chief Executive Officer of the Integrated Reporting Committee of South Africa and is its technical head. She has adjudicated for integrated reporting awards, is a Chartered Accountant and an award-winning business journalist in print and television.
Mark joined Deloitte in 2019 having previously worked with KPMG for 29 years. Mark has worked with over 150 organisations in implementing and improving their IFRS Financial Reporting and Integrated Reporting processes and systems. He believes in practical and purpose driven reporting processes and systems that enable organisations to achieve their strategic objectives and purpose.
Mark has worked with more than 50 companies in IFRS accounting change, disclosure refresh, finance process solutions, complex transaction support and related financial reporting solutions. He has worked with over 150 organisations implementing and enhancing integrated reporting processes. He is an active member of IRC of SA Working Group and has extensive experience on development of processes, methodologies, report production, integrated assurance, King IV governance disclosures as well as Strategy, Performance reporting, Risk Management, Stakeholder Engagement, Governance and Remuneration applications.
Professor Graham Terry is an integrated reporting advisor and an ambassador for the International Integrated Reporting Council (IIRC).
He is a professor of practice at the University of Johannesburg where he is co-ordinating courses and research on integrated reporting and thinking. He is a Chartered Accountant (SA) and worked for The South African Institute of Chartered Accountants (SAICA) for 30 years serving in various capacities including Vice President and ending up as Senior Executive: Strategy and Thought Leadership. He was also a member of the SAICA Board for 10 years.
He has served on many national and international technical committees and was a member of the IIRC working group that developed the International Integrated Reporting Framework published in 2013. He was a founding member of the Integrated Reporting Committee of South Africa and chairman of the working group which developed the first discussion paper on integrated reporting.
He is the author of two books and has spoken at numerous conferences in Europe, Asia, Africa and the United States on integrated reporting and integrated thinking. He assisted in the establishment of the annual integrated reporting awards in Sri Lanka sponsored by the Institute of Certified Management Accountants of Sri Lanka and serves on the panel of judges.
The Good Governance Academy (“GGA”) strives for transparency and trust when it comes to protecting your privacy and we aim to clearly explain how we collect and process your information.
It’s important to us that you should enjoy using our products, services and website(s) without compromising your privacy in any way. The policy outlines how we collect and use different types of personal and behavioural information, and the reasons for doing so. You have the right to access, change or delete your personal information at any time and you can find out more about this and your rights by contacting the GGA, clicking on the “CONTACT” menu item or using the details at the bottom of the page.
The policy applies to “users” (or “you”) of the GGA website(s) or any GGA product or service; that is anyone attending, registering or interacting with any product or service from the GGA. This includes event attendees, participants, registrants, website users, app users and the like.
Our policies are updated from time-to-time. Please refer back regularly to keep yourself updated.