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Assurance Overview - Ernst & Young - Cayman Islands

Assurance

An open, objective perspective

Around the world, the journey to success is governed by increasingly complex and broadening regulatory requirements and stakeholder demands. The turbulence in the world's markets is creating a new set of challenges, presenting you with a myriad of business and financial reporting risk considerations. Heightened levels of professional skepticism and executive involvement are necessary to respond appropriately to this environment.

We have the courage and integrity to help you meet these demands by providing a timely and constructive challenge to management, a robust and clear perspective to audit committees, and critical information for your investors and other stakeholders.

Wherever you do business, you can rely on us for an open and objective perspective.

Meeting today's financial challenges

A number of transformational events and trends are reshaping the global business landscape. Financial challenges currently facing companies around the world must be addressed by management, the audit committee and an external auditor. Assess your most critical business issues and identify the best way to respond to those challenges.

Meeting today’s financial challenges: Impairment reporting

Valuing businesses and their underlying assets is more challenging today than it has ever been. Our latest study of over 170 users of financial reports reveals that impairments reported during the last two years were lower than expected. Read more in Meeting today’s financial challenges: Impairment reporting: improving stakeholder confidence (pdf, 1.7mb).

Finance performance improvement starts with framework

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.

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