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The minutes of certain groups, such as a corporate board of directors, must be kept on file and are important legal documents. [5] [6] [7] Minutes from board meetings are kept separately from minutes of general membership meetings within the same organization. [8] Also, minutes of executive sessions may be kept separately. [9]
A business record is a document (hard copy or digital) that records an "act, condition, or event" [1] related to business. Business records include meeting minutes, memoranda, employment contracts, and accounting source documents. It must be retrievable at a later date so that the business dealings can be accurately reviewed as required.
The business may include electing a board of directors, making important decisions regarding the organization, and informing the members of previous and future activities. [1] At this meeting, the shareholders and partners may receive copies of the company's accounts, review fiscal information for the past year, and ask any questions regarding ...
[9] [10] For example, it could be a weekly or monthly meeting of the organization. Special meeting – a meeting scheduled separately from a regular meeting, as the need arises. [10] [11] Adjourned meeting – a meeting that is continued from a regular meeting or a special meeting (also called a "continued meeting").
Examples of standing committees in organizations are; an audit committee, an elections committee, a finance committee, a fundraising committee, a governance committee, and a program committee. Typically, the standing committees perform their work throughout the year and present their reports at the annual meeting of the organization. [25]
Company secretaries in all sectors have high level responsibilities including governance structures and mechanisms, corporate conduct within an organisation's regulatory environment, board, shareholder and trustee meetings, compliance with legal, regulatory and listing requirements, the training and induction of non-executives and trustees, contact with regulatory and external bodies, reports ...
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