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Corporate reporting

​It is important that we follow best practice in corporate reporting since we sponsor annual awards for the best annual report and encourage best practice for records.

The Rules of Association do not mention corporate reporting as other laws and practices apply.

Corporate, incorporated association and not-for-profit organisation reports usually include information about Board members (such as formal qualifications, post-nominals and memberships), their activities in their position and payments or benefits from activities where expenses were claimed.

This means information needs to be collected about Board meetings, members and related expenses.

In addition to this the Board of Management has endorsed the following statements in relation to corporate reporting.

The MAV will report annually on attendance at Board meetings and all activities against which expenses have been claimed.

The Board will also act on any matters as requested by the CEO or president for corporate and legal purposes. It will also supply a corporate biography in accordance with the pro-forma provided by the MAV.