Today we further unpack the differences between King IV and King III. So let’s dive in.
A quick recap
As discussed in What are the key features of King IV?, the application or adoption of the principles is assumed in King IV.
The fundamental philosophy and concepts of King III won’t change, so companies will therefore continue following King III as it stands. King IV will also aim to be simpler, and easier to interpret and access. One of the ways to achieve this will be by clearly differentiating principles from practice recommendations. Principles will be stated as higher order objectives.