An assessment service dedicated to those organisations which are interested to enhance the trust with shareholders , investors, employees, customers, suppliers , public authorities and society by a third party attestation relevant to its Corporate Governance

The Board of Directors is playing an increasingly important role in every company and the selection and composition of such a body has a decisive influence on the positioning on the company. By the Best Board Practice attestation a company can show that its Board takes care of its tasks independently of the management and has institutionalised a professional guidance and control structure.

The Best Board Practice Assessment considers the following requirements:

1. Normative : the Board of Directors in the legal framework
2. Strategic : the Board of Directors as a formative body
3. Financial management: the Board of Directors as a controlling body
4. Personnel: the Board of Directors as a competence panel
5. Management aspects: risks awareness, crisis-resistance and leadership
6. Communication: transparency and credibility

For the Best Board Practice assessment it is used a grading scale with different scores ,from 1 to 5, which allows to identify in a clear way the strengths and the weaknesses of the Board.
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The Best Board Practice recognition is delivered as an attestation allowing also to the recognised organisation to use the relevant mark providing that the minimum score for each of the 6 assessed elements has been achieved (3,0) and the average scoring for all the evaluated elements is at least 3.3.
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The assessment time and as consequence the cost of the Best Board Practice service are influenced by the dimension of the organisation as well as by its Share Capital and by its Turnover

IF YOU ARE INTERESTED IN THE BEST BOARD PRACTICE SERVICE PLEASE CONTACT CISQ BY THIS REQUEST FORM