Canadian Publications and Survey Reports
Canada: The Directors' Cut
This series is brought to you by PwC's Audit Committee Connect program and summarizes discussions from our recent events.
Canada: Top Ten Questions Directors should ask
This series asks the questions directors and board members need to ask themselves in order to best prepare for the most pressing issues facing organizations today.
Canada: Strategy talks podcast
Strategy Talks is a series of audio podcasts that explore key issues affecting businesses in Canada, and share strategies that companies can use to help address them.
Canada: Tax Insights
Our new periodic newsletter, Tax Insights, will keep you up-to-date on a broad range of corporate and personal tax issues.
Canada: Canadian Banks
Our annual publication examines the issues facing Canada’s big banks and looks forward to what can be expected.
Canada: Capital Markets Flash - Q1 Deals Quarterly
The first quarter of 2013 saw China’s growth slow, commodity prices tumble, and the Eurozone continue to struggle. Add to that the, at best, shaky recovery of the US economy, and it’s not surprising that the Canadian capital markets lost some of the buoyancy they exhibited throughout 2012.
Canada: 2013 State of the Internal Audit Profession Study
The consensus in our 9th annual State of the Internal Audit Profession Study is that internal audit needs to improve its performance and maximize its contribution or risk evolving into irrelevance as other risk functions outpace them in contributing more to the organization’s risk management.
Canada: Due diligence on public companies
In this newsletter, Dominic Ricketts, National Leader of PwC Canada's Transaction Services Practice discusses the best practices boards should be considering when it comes to performing due diligence on a public company.
Canada: Understanding the perspective of the Canadian CEO
Following the release of this year’s CEO survey in January at the World Economic Forum in Davos, Switzerland, we discussed the results with the directors of a number of Canadian companies in order to get their perspectives on the findings. This report highlights the four major themes Canadian CEO’s have identified as being key to becoming more strategic in the boardroom.
Canada: Social Media — The New Business Reality for Board Directors
The social media phenomenon has made the leap from the consumer world to the boardroom. Directors are faced with sorting out how social media impacts the firms that they oversee and their own roles on Boards. Let’s explore how social media can help you protect and improve shareholder value.
Canada: Managing Project Risk: Questions boards should be asking
With today’s unforgiving economy, the topic of risk management of major programs, as well as the maturity of general project management within an organization, is dominating discussion among senior management, executive leadership and boards. The following publication, from our Directors’ Briefing Series, discusses the six pillars of project risk management and what Boards can do to provide oversight on projects for their organizations.
Canada: Resilient Growth: Making the most of opportunities away from home
CEOs are focusing on markets far from home to reach their growth forecasts. With emerging markets growing more than twice as fast as developed markets, and, in some cases, providing a safe haven from current market volatility, there is little question where companies are focusing their growth strategies. But success in unfamiliar markets requires more deliberate alignment of risk monitoring with strategic planning and operational execution.
How prepared is your organization to grow away from home? In this new global report find out how business leaders and risk managers can weigh the array of risks that go along with tempting opportunities in unfamiliar markets.
Canada: Are you compromised, but don’t know it? A new philosophy for cyber security
When foreign governments, organized crime, or hackers target an organization, the techniques they use to compromise the network and enable sensitive data theft are well planned and methodical. Advanced cyber threat groups are extremely patient, tending to invest heavily in the research and development of custom malicious code and clever means to exfiltrate data; all designed to slip past the cyber security radar.
The future of cyber security is going to require an evolved philosophy that assumes a state of compromise.
Audit Committee Matters - Summer 2011: Audit committees’ role in countering cybercrime
This issue of Audit Committee Matters discusses how the issue of cybercrime can affect the board of directors of your Canadian organization.
The Challenge of Doing Deals in Emerging Markets Directors need to perform enhanced due diligence
The number of transactions completed by Canadian companies in emerging markets has increased by nearly 400% since 2003. While there are likely many more excellent opportunities to do deals in the years to come, there are also risks that may present additional challenges for directors.
Canadian business perspectives on the governance of enterprise IT (GEIT)
PwC recently conducted research for the 4th edition of the IT Governance Institute’s (ITGI) Global Status Report on the Governance of Enterprise IT. This report showed a significant level of agreement among the business leaders from various countries, industries, and large and small enterprises on the contribution of IT to business success, and provided insight on the challenges and opportunities connected with IT, the impact of the economic crisis, and views on IT outsourcing, social networking and the cloud.
Canada: A Matter of Primary Importance: Making the Most of Audit Committees in Primary and Secondary Education Institutions
This paper sets out a series of leading and emerging practices to assist school boards and other education institutions establish and implement effective audit committees.
Canada: Lessons Learned from the Recession: What Directors Need to Know
As the economic roller coaster of the past two years slows down, corporate boards and their directors have learned to approach issues in a different, more measured and cautious way.
Canada: Semantics Antics: More on "arranging for"
All Canadian directors should note the Federal government’s GST/HST Notice No. 250. Even if you don’t work in financial services, this ruling has the potential to affect your board.
Fairness Opinions: What Directors Need to Know
The following article, written by Helen Mallovy Hicks PricewaterhouseCoopers, discusses the Ontario Securities Commission’s ruling on fairness opinions and its impact on directors and corporate governance.
More Buck for Your Bang — Improving executive incentive compensation plan efficiency
With the economic crisis still in the news, executive compensation remains a hot topic. This article discusses making cash savings to a corporation without reducing net payouts to executives.
Balancing Risk and Opportunity in a Downturn
The following article discusses the economic downturn and what issues directors should be paying attention to as we approach the recovery.
The Changing Face of Fairness Opinions
PwC partner Helen Mallovy Hicks discusses the recent OSC decision on fairness opinions, its relevance to companies, and the use of business valuation professionals when seeking a fairness opinion.
A New Strategic Position - Redefining Internal Audit in an Economic Downturn
This paper discusses how the financial crisis is shifting the focus on internal audit from regulatory compliance to managing operations and risks more effectively.
The following DirectorConnect article discusses why Restricted Shares are preferable over deferred share units (DSUs), both for directors and for the companies they serve.
Getting Ready for IFRS: What Directors Need to Know
Boards of directors need to be engaged now to be strategic and address the implications of the conversion to International Financial Reporting Standards for their organizations. For many companies the conversion to IFRS will be far more than an accounting exercise, and directors should consider not only the oversight of the conversion process itself, but the potential implications relating to risk, stakeholder relations, financial reporting, internal controls, and merger and acquisition activity.
Achieving Audit Committee Effectiveness
Audit committees must learn how to work smarter and to allow enough time to complete their growing list of duties, according to a new PwC study.
Practical Steps to Protect Your Reputation
Prepare for unforeseen events that may cause revenue loss or market value due to negative opinion from stakeholders.
International Publications and Survey Reports
US: To the point: Current issues for boards of directors
To the point addresses contemporary issues and is meant to be impactful, insightful, and concise. Each quarter we address select topics that are of immediate interest to directors.
BoardroomDirect® is a central hub full of white papers and other resources that help directors and board members stay up-to-date on current board issues.
PwC insights of interest to the C-suite on a corporate, legal, or regulatory matter that takes about 10 minutes of an executive's time.
US: Current developments for mutual fund audit committees
This quarterly publication looks at the most pressing issues facing mutual fund audit committees.
US: PwC's Annual Corporate Directors Survey
Our yearly survey delves into the issues that today's director and board member most care about.
US: Governance for companies going public - What works best
This publication is a guide to help both directors and executives of companies planning an IPO think through the many governance decisions needed.
US: The Quarter close: Directors edition Q1 2013
The Q1 2013 edition focuses on leadership changes at the SEC and FASB, key decisions on the revenue recognition project, the FASB’s latest proposals on financial instruments, latest FASB releases and updates on key standard-setting projects.
US: Boardroom Direct September 2012
Topics in this issue of BoardroomDirect® from PwC include results of the Annual Corporate Directors Survey, conflict minerals, company responses to climate change, FASB proposed US GAAP taxonomy, and a revised COSO internal control framework.
US: The Quarter Close
This quarterly publication is designed to keep directors informed about the latest accounting and financial reporting issues. The Q3 2012 edition focuses on the SEC's IFRS Work Plan, an update on Dodd-Frank rulemaking, and progress on FASB projects.
US: 10 minutes on the board agenda
Directors recognize the changing governance landscape. New governance regulations, risks associated with emerging technologies and fraud, and the effects of the economic downturn have corporate directors focusing on ways to increase their effectiveness in the boardroom.
US: Insights from the Boardroom 2012
In the summer of 2012, 860 public company directors responded to PwC’s 2012 Annual Corporate Directors Survey. Of those directors, 70% serve on the boards of companies with more than $1 billion in annual revenue. As a result, the survey’s findings reflect the practices and boardroom perspectives of many of today’s world-class companies. We structured the survey to provide pragmatic feedback directors can use to assess and improve performance in areas that are “top of mind” to today’s boards.
US: Board Governance Series, Vol. 19
This series features commentary from both PwC and external corporate governance professionals on issues impacting boards. This issue includes articles on the impact of the economic crisis on audit committees, tips to optimize your audit committee, and thoughts on whether the 'say on pay' vote achieved its objective.
US: PwC's 2011 Global Equity Incentives Survey — The rise of performance-based equity — Executive summary
The lingering impact of the financial downturn continues to affect companies' compensation programs. Our last Global Equity Incentives Survey, performed in 2009, revealed that companies expected compensation levels to remain flat or even decrease. The good news is that companies have a more positive view of compensation levels in the short term, while continuing to express optimism about the long term. The slow nature of the recovery, however, is causing companies to remain conservative. This conservatism, when combined with the unprecedented stakeholder scrutiny of executive pay over the last few years, has seen performance-based equity become the compensation vehicle of choice for companies.The rise of performance-based equity provides key insights from the PwC 2011 Global Equity Incentives Survey, the seventh in the survey series.
US: The quarter close: Directors edition - Q3 2011
This quarterly publication is designed to keep directors informed about the latest accounting and financial reporting issues. The Q3 2011 edition focuses on the FASB and IASB's redeliberations on the priority joint projects, the PCAOB's concept releases on auditor rotation and reporting model, the possible incorporation of IFRS into the U.S. financial reporting system, and more on other key topics.
Global: Trading blocs: What next for the stock exchanges?
PwC provides perspectives on the recent trends affecting M&A activity within the global stock exchange sector, focusing on potential future developments within the emerging markets.
Board Composition: How the board structures itself and balances director qualifications, skills, and attributes to effectively oversee the company
Bringing a board to high performance takes a delicate balance. How should the nominating committee or board approach this challenge?
Board Governance Series - Volume 17
The Board Governance Series features commentary from both PwC and external corporate governance thought leaders on current issues impacting board and audit committee members. In this edition, PwC contributed articles on what directors should know about combating fraud and what CEOs predict about economic growth from PwC's 14th Annual Global CEO Survey. This edition also focuses on the principles of a sound compensation philosophy and what boards need to know about holding and owning shares. An article on whether say on pay rules change the compensation committee's thought process completes this issue.
2012 Current developments for directors: Navigating changing times
PwC's Current developments for directors examines key issues facing you as a director. Its purpose is to offer information, insights, and practical guidance so that you can meet the demands of your role more knowledgeably and enrich boardroom discussions.
Board Governance Series — Issue 14
This year’s proxy season will be an especially complex one. Add to the corporate governance pressure cooker the potential impact of IFRS, which will necessitate that directors and management prepare for change and learn to mitigate risk, rather than merely take a reactionary stance.
E-espionage: What risks does your organization face from cyber-attacks?
This report, written by our UK OneSecurity team, with support from CPNI (Centre for the Protection of Nation Infrastructure), highlights how a growing number of well-resourced and highly sophisticated cyber-criminal from across the globe are seeking to gain unauthorized access to valuable or sensitive data and information held by companies and governments.
What directors think: Special supplement
This Corporate Board Member and PwC research report surveyed more than 1,200 corporate directors about how they're coping with demands on their time and talent.
Corporate governance and the board: What works best
This PwC study identifies eight key responsibilities that boards must accept and implement to consistently deliver shareholder value.
Our regular newsletter contains opinion articles, case studies and worldwide news on the many initiatives to improve corporate reporting.