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News from the CGF Desk

CGF extends its governance services with new appointment: M Bosman (2014-03-06)

We are delighted to welcome Melanie Bosman to our team as a Lead Independent Consultant. Melanie joined CGF on 01 February 2014. Her background is in the auditing and accounting profession and she brings expertise in audit, accounting and regulatory consulting.
Melanie started her career at KPMG and became a director and audit partner in 2000. She was responsible for the audits of major companies in the financial services industry, particularly short-term, life and reinsurance companies and led consulting engagements for financial services companies. She later started her own consulting practice and assisted companies with external audit, internal audit, compilation of annual reports, preparation of annual financial statements and regulatory compliance.

She serves on the Board and Audit Committees of two public entities and chaired the Audit Committee of another.  She also acts as internal auditor for a small listed entity.

Melanie has experienced the process of public reporting from all levels – as a preparer, an external auditor and as a Board and Audit Committee member, responsible for ensuring the overall integrity of reporting. This experience has given her valuable insight into the issues of combined assurance and the governance process around public reporting.  She has a special interest in integrated reporting, in particular the process around ensuring the absolute integrity of the contents of the report and the responsibility of the Board and Audit Committee in relation to the Integrated Report.  Her article on this subject, entitled “Positioning the Audit Committee on the Frontline” was recently released by CGF. In the article she explores the changing role of the Audit Committee, especially in relation to the new and developing requirements around integrated reporting.  The Audit Committee is ultimately responsible for the integrity of the entire Integrated Report. In most companies, it is only the financial statements that are externally assured, in the form of the report by the external auditors.  Yet, the rest of the report is potentially loaded with information which may not be entirely factual neither correct, for which the Board and Audit Committee are responsible.
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