Page 77 - Sundance Resources Ltd Annual Report 2013

SUNDANCE RESOURCES LIMITED ANNUAL REPORT 2013 75
corporate government
statement (continued)
FOR THE YEAR ENDED 30 JUNE 2013
CORPORATE GOVERNANCE PRINCIPLES
AND RECOMMENDATIONS (continued)
PRINCIPLE 4: SAFEGUARDING INTEGRITY IN FINANCIAL REPORTING
PRINCIPLE 5: MAKING TIMELY AND BALANCED DISCLOSURE
The Company has a Continuous Disclosure Policy and Shareholder Communications Policy, copies of which are on
the Company’s website.
The Company has written policies and procedures on information disclosure that focus on continuous disclosure
of any information concerning the Company that a reasonable person would expect to have a material effect on the
price of the Company’s securities. These policies and procedures also include the arrangements the Company has
in place to promote communication with shareholders and encourage effective participation at general meetings.
All directors, executives and staff are required to abide by all legal requirements, the Listing Rules of the ASX and
high standards of ethical conduct. This includes compliance with the continuous disclosure requirements of the
Listing Rules.
The Chief Executive Officer and Company Secretary have been nominated as the persons responsible for
communications with the ASX. This role includes responsibility for ensuring compliance with the continuous
disclosure requirements in the ASX Listing Rules and overseeing and coordinating information disclosure to
the ASX, analysts, brokers, shareholders, the media and the public.
External auditors
The performance of the external auditor is reviewed annually and a tender for of external audit services will be
requested as deemed appropriate, taking into consideration assessment of performance, existing value and
tender costs.
Deloitte Touche Tohmatsu (‘Deloitte’) is the appointed external auditor of the Company and the audit engagement
partner is changed at least every five years. An analysis of fees paid to the external auditors, including a breakdown
of any fees for any nonaudit services, is provided in Note 8 to the financial statements. The external auditors provide
an annual declaration of their independence to the Company.
The external auditor is required to attend the Annual General Meeting (‘AGM’) and be available to answer shareholder
questions about the conduct of the audit and the preparation and content of the audit report.
The nomination of external auditors and the review of the adequacy of external audit arrangements is the
responsibility of the Board of Directors as a whole.