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Issues Governance and reporting Increasing transparency improving control - Ernst & Young - Korea

Increasing transparency, improving control

The 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.

Improving program evaluation in government

Program evaluation is an essential tool for a government committed to societal change. Government matters (pdf, 470kb) explores the challenges in continuously improving the approach to evaluation.

Korea – IFRS vs Korean GAAP

This publication provides a detailed analysis of the differences between Korean GAAP and IFRS. Written by our experienced Korea IFRS Desk professionals, it provides an insight into the GAAP differences that will require most focus when transitioning your organization to IFRS.

Financial 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.

Germany, businessman using mobile phone in train station

  Lessons from change

Lessons from change - walkway through trees


What have we learned from the economic downturn? We’ve met with senior executives across the globe throughout the year – and compiled these insights.

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