A company’s board of directors is ultimately responsible for putting effective corporate governance (CG) structures in place as mechanisms to enhance its accountability to stakeholders. An audit committee (AC), which is a subcommittee of the board, is one component of the company’s CG structures. In South Africa, legislation, the Johannesburg Stock Exchange (JSE) listing requirements, and the King code and report of Governance for South Africa 2009 (King III) deal with the composition and responsibilities of ACs. As the shares of AltX listed companies, which are categorised as high-growth potential, small to medium-sized listed companies, are traded publicly, they are required to comply with the Companies Act and to establish an AC according to the Act’s composition requirements to fulfil mandatory responsibilities. In terms of the JSE listing requirements, AltX listed companies must appoint an AC or explain their reason(s) for not doing so. As the total market capitalisation of AltX listed companies has increased by 87% over the past three years, greater numbers of stakeholder groups are being affected. Since stakeholder groups are protected when companies implement effective CG processes, the purpose of this study is to understand the way in which the AC of an AltX listed company, as an example of a high-growth potential, small to medium-sized listed company, adds value to the company and its stakeholders. Attributes that contribute to the value added by ACs were identified as being the characteristics of AC members; the fulfilment of responsibilities through optimised activities; and the fulfilment of responsibilities by maintaining healthy relationships with the board and information providers. An explorative qualitative case-based research design was applied in terms of which a single AltX listed company was selected according to predetermined selection criteria. Data were collected using individual semi-structured interviews, field notes and company documents. Descriptive open coding techniques were used for data analysis with the findings of the study subsequently being presented in terms of a theoretical framework of the attributes that influence the extent to which the AC adds value. The findings of the study confirm that these attributes of the AC facilitate its ability to add value to the AltX listed company investigated and its stakeholders in terms of enlightened shareholder theory. / Auditing / M. Com. (Auditing)

This study was undertaken in order to investigate mentoring as a dynamic factor in leadership development. Although the subject matter is broad, - this particular study focuses on mentoring in ”Living Word Ministries” as part of leadership development. Methodology consisted of a theoretical and qualitative interviewing process. During the informal interviews, ”Living Word Ministries” was used as target group to investigate mentoring, discipleship, development time line, succession and development of leaders. In conclusion this study unanimously identified the lack of mentoring as crucial factor in ”Living Word Ministries”. Mentoring and discipleship as two related concepts in leadership development need to be incorporated into ”Living Word Ministries” and the body of Christ. Discipleship can therefore be used as a conduit for the mentor to develop leadership abilities of the prospective leader. / Practical Theology / (M. Ed.(Practical Theology))

This study was undertaken in order to investigate mentoring as a dynamic factor in leadership development. Although the subject matter is broad, - this particular study focuses on mentoring in ”Living Word Ministries” as part of leadership development. Methodology consisted of a theoretical and qualitative interviewing process. During the informal interviews, ”Living Word Ministries” was used as target group to investigate mentoring, discipleship, development time line, succession and development of leaders. In conclusion this study unanimously identified the lack of mentoring as crucial factor in ”Living Word Ministries”. Mentoring and discipleship as two related concepts in leadership development need to be incorporated into ”Living Word Ministries” and the body of Christ. Discipleship can therefore be used as a conduit for the mentor to develop leadership abilities of the prospective leader. / Philosophy, Practical and Systematic Theology / (M. Ed.(Practical Theology))