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Amid signs of economic recovery, we suggest in The future of Finance (pdf, 248.8kb) that CFOs establish and implement a holistic framework that identifies weaknesses and potential improvements, and which helps enable Finance to be more effective, lower costs and help deliver more value to the bottom line.

In January 2009, we published our Opportunities in adversity study to provide a basis for discussion with executives as they grappled with the implications of the economic downturn. Six months on, and after having held thousands of client meetings, we have reviewed our experience and summarized key findings to provide you with additional perspectives. Insights on management options are included in a series of related white papers, published in the “Opportunities in adversity section”.

A comprehensive thought leadership study, the European Attractiveness survey will be presented to the World Investment Conference in La Baule on June 3, 4 and 5, 2009 in front of a global audience of decision makers from the public and private sectors. A number of branded national reports, originating from this survey and written, published and promoted by different European countries will also be presented during the conference.

Jim Turley and Mark Otty will attend the conference together with Marc Lhermitte, french partner in charge of our International Location Advisory Services practice, and leader of the attractiveness survey.

Amid the economic downturn, the ever-present threat of fraud grows stronger. Ernst & Young interviewed over 2,200 respondents in 22 countries at European companies for the third in a series of European fraud surveys. Read the 2009 European fraud survey to see how driving anti-fraud efforts now can give an organisation long lasting benefits.

At Ernst & Young, we are interested in understanding how companies are reacting to the current crisis and learning from their experience and best practice. Uncertainty cannot be allowed to become inaction, performance is relative, a risk is an opportunity that has not yet been exploited.

Whatever a company's position in the current economic climate - from cash-rich to deeply distressed - there is now a great need for decisive management action. There is opportunity in the adversity of the worst of markets. Find that opportunity right now. Read more

AEO touches on almost all parts of the business and requires effective and efficient processes embedded within the international movement of goods and business systems supporting international trade flows. Download Ernst & Young Ireland's report on AEO.