Accounting Board Nigerian Standard

Accounting Board Nigerian Standard

Accounting Board Nigerian Standard

Board evaluations are an essential process used to appraise the valuable contributions by the board of directors to the organization’s success. By assessing the operations of a board, it is provided it with a job performance evaluation. Assessments can focus on the work of the board, the contributions of the individual directors, or the board’s processes.

Similar to job performance evaluations used to assess the performance of the staff of an organization, evaluations of the work of the board consider both the means and the outcomes of its work. They are a review of the results of the board’s set of goals and the processes used to reach them.