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Increasing transparency, improving control - Ernst & Young - Russia

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.

To assist you with the challenges of converting to IFRS, Ernst & Young provides publications of interest, useful tools and IFRS resources, as well as up-to-date information on IFRS.


Escalating the role of internal audit

Ernst & Young’s 2008 Global Internal Audit Survey examines the current and evolving state of the internal audit function and how chief audit executives are meeting the heightened expectations of stakeholders. (pdf, 2.6 Mb, 36 pages)

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

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