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Increasing transparency, improving control - Ernst & Young - Luxembourg

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.

Ernst & Young's Financial Reporting Outlook 2009 Conference

15 May 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.

Please click here for more details and to register for the event.

 


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
IFRS graphic

Global IFRS Resources

Please see our Global IFRS site for additional resources, including Ernst & Young's global IFRS newsletter, IFRS outlook and web based learning modules.


IFRS outlook

Download the latest  IFRS Outlook, October 2009 (pdf, 2.2mb)


Draft law 5976 introducing IFRS in the Law for commercial companies 
Draft law 5976 allows member states to authorized all companies, which are required to prepare annual accounts, to prepare them in accordance with International Financial Reporting Standards as adopted by the EU.
Download the brochure in english ( pdf, 1.074 kb) or in french ( pdf, 1.027 kb)

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