Dual and Unitary boards

Evaluation

Unitary board common place. on balance more advantages in such a board with decision taken more efficiently and information flowing more easily.  Owen Report support this suggests improvement to single sufficient size and separation of CEO and chairman role to name a few. Thus there is clear evidence of the credibility of the unitary board which dominates the UK approach. The definition of internal auditing and International Standards identifies that internal audit has a role to play in evaluating and helping to improve governance processes.
TheInternational Standards make specific reference to assessing and making recommendations for:• promoting appropriate ethics and values within the organisation
• ensuring effective performance management and accountability
• communicating risk and control information
• coordinating the activities of the board, external and internal auditors and management, and communicating what they do