As per the OECD's Corporate Governance framework. It should ensure timely and accurate disclosure on all material matters regarding the corporation, including the financial situation, performance, ownership and governanc

OECD's corporate governance framework should ensure that timely and accurate disclosure is made on all material matters regarding the corporation, including the financial situation, performance, ownership, and governance of the company: A. Disclosure should include, but not be limited to material information on: The financial and operating results of the company. Company objectives and sustainability related information. Capital structures, group structures and their control arrangements. Major share ownership, including beneficial owners, and voting rights. Remuneration of members of the board and key executives. Information about board members, including their qualifications, the selection process, other company directorships and whether they are regarded as independent by the board. Related party transactions. Foreseeable risk factors. Governance structures and policies, including the content of any corporate governance code or policy and the process by which it is implemented. B. Information should be prepared and disclosed in accordance with high quality standards of accounting and financial and non- financial reporting. C. An annual external audit should be conducted by an independent, competent and qualified auditor in accordance with internationally recognised auditing, ethical and independence standards in order to provide reasonable assurance to the board and shareholders on whether the financial statements are prepared, in all material respects, in accordance with an applicable financial reporting framework. D. External auditors should be accountable to the shareholders and owe a duty to the company to exercise due professional care in the conduct of the audit in the public interest. E. Channels for disseminating information should provide for equal, timely and cost-efficient access to relevant information by users.