World Watch: Issue 2 2011

 

Need to know what’s on the minds of regulators, standard setters, business leaders and others as they set the course for improved governance, reporting and assurance? 

 

The latest edition of World Watch (40 pages), shares PwC views on today’s hot topics and keeps you up-to-date with new developments from around the world.

 

Corporate reporting

 

The corporate reporting section discusses the shortcomings of the current reporting model and why now is the time to take action to ensure it doesn’t fail, in A critical system at risk. Investors also tell us that they want Better merger and acquisition disclosures, please.
20 corporate reporting articles, including:

  • Reporting system at risk, study finds
  • Momentum for integrated guidelines and reporting picks up
  • Fight the ‘clutter’ in annual reports

 

Governance

 

The governance section discusses how a poor response to a crisis can wipe huge sums off stock valuations, yet a focused, swift response can have the opposite effect, in Are you confident about your response to a crisis?
12 governance articles, including:

  • Survey reveals what makes investors trust management
  • Whistleblowing: The importance of speaking up
  • Taking a closer look at EU governance framework

 

Financial reporting

 

As Sir David Tweedie prepares to step down from the International Accounting Standards Board IASB changes regime looks back on the highs and lows of his decade at the helm. Meanwhile, Effecting change in a fast-moving environment discusses the effectiveness of the current standard setting process.
10 financial reporting articles, including:

  • IASB/FASB convergence agenda slips back
  • Proposals to boost IASB governance
  • Reporting progress toward IFRS

 

Assurance

 

The boardroom focus is now on growth and the future. Internal audit can shine explains why and how internal audit should be responding to the changing risk environment.
5 assurance articles, including:

  • Is a global perspective possible?
  • The audit market in the spotlight?
  • Call for more insight from auditors

All World Watch editions