New Zealand Corporate Governance

In the wake of global corporate collapses, public policy debate remains intense on business issues, corporate governance and the integrity of capital markets PricewaterhouseCoopers has developed the following information on corporate governance to help cut through the noise, clarify the issues and refocus on fundamentals.

 

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The 2006 Corporate Issues Report is the result of in-depth independent research commissioned by PricewaterhouseCoopers New Zealand. Chief Executives, Chief Financial Officers and Directors were interviewed and asked their views on a number of regulatory issues including financial reporting, trans-Tasman harmonisation, and auditor independence. It shows New Zealand businesses would support moves toward closer alignment with Australia, are happy with progress in the area of corporate governance, and have some trepidation about adopting new reporting standards.

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A time for reflection - A survey of the Fortune Global 500 companies' narrative reporting
Primary communications of financial condition and performance from large companies typically include both financial statements and narrative discussion. But what do the narratives actually communicate? Are companies meeting the information needs of investors — a priority audience for these strategic communications? These, in broad terms, are the questions asked and answered in a new PricewaterhouseCoopers survey of the narrative reporting practices of the world’s largest companies, the Fortune Global 500 (G500).

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Audit Committees - Good Practices for Meeting Market Expectations
The 2nd edition of our global guide on Audit Committees summarises best practices and requirements in over 40 countries.
World Watch - Governance and Corporate Reporting
There is growing recognition of the importance of transparency and common business languages for accounting and governance. This is particularly important in the current business environment.

Our regular newsletter, World Watch , contains opinion articles, case studies and worldwide news on the many initiatives to improve corporate reporting.

Contacts
Graeme Pinfold
Assurance Partner
Auckland
Tel: +64 9 355 8044

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