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Increasing transparency, improving controlThe world is demanding greater corporate transparency. Investors want access to more accurate and relevant information about companies, transactions, markets and risks. Regulators are moving to exert more control.There’s much debate about how corporate governance should evolve. It’s a debate that’s being held against a background of legislative and regulatory change, the implementation of International Financial Reporting Standards and increased public scrutiny. We believe that global coordination is a necessity, not a luxury, in today’s interconnected and interdependent markets. Regulators and standard-setters need to continue to work together, to promote global consistency. Ernst & Young has extensive financial reporting and corporate governance knowledge and experience, gained across all markets and geographies. We use this to support you in areas such as pensions, financial instruments, direct and indirect taxes, foreign currency, subsidiaries, joint ventures, provisions, disposals and impairment. Whatever your requirements, we assemble multi-disciplinary teams that can address your most complex issues, using our proven global methodology and deploying the latest, high-quality auditing tools and perspectives. | Are you prepared to manage risk and ‘think the unthinkable?’ Recent discussions in our audit committee network meetings show that oversight of catastrophic risks is top of mind for audit committee chairs today. BoardMatters Quarterly explores how audit committees are managing today’s risk landscape and pushing themselves to think differently about crisis response plans. Ernst & Young's Financial Reporting Outlook 2009 Ernst & Young's annual Financial Reporting Outlook conference, being held on Monday 16 November in London, brings together industry leaders from the financial reporting community. Investors, regulators, rating agencies, standard setters and the partners and staff of Ernst & Young member firms will share their views on financial reporting and regulatory change both in Europe and globally. This is an ideal briefing meeting for chief financial officers, controllers, finance managers, and others involved in financial reporting. Participants will have the opportunity to network with professionals and peers, and debate current issues in tailored breakout sessions. Please click here for more details and to register for the event. IFRS International Financial Reporting Standards ("IFRS") are issued by the International Accounting Standards Board (IASB) and are authoritative pronouncements on how transactions and events should be reflected in financial statements. Read moreFinancial reporting in a time of crisis The economic crisis presents an opportunity to modernize financial regulation in a way that will help to prevent future financial meltdowns, while also promoting global economic stability and opportunity (pdf, 62kb), said EY Chairman and CEO Jim Turley in a speech to the Commonwealth Club in San Francisco. |
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