Canadian Publications and Survey Reports

Director Oversight of Emerging Opportunities
With the recession ending, what role does your board play in identifying distressed M&As, joint ventures and other avenues for growth?

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.

2009 Energy Survey Q1 Update - Natural Selection: Evolution of Sustainable Companies
In this update, we present key financial data for the first quarter of 2009 for Canada’s public energy companies and trusts, as well as a more detailed look at issues affecting those companies’ ability to sustain their operations in the broadest sense.

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.

Directors' Remuneration
The following DirectorConnect article discusses why Restricted Shares are preferable over deferred share units (DSUs), both for directors and for the companies they serve.

Report Ability — Spring 2009: PwC newsletter on Sustainable reporting "Report Ability", PwC Canada’s regular newsletter on sustainability reporting, provides useful information to writers and readers of sustainability reports across Canada.

Total Tax Contribution 2008
Read PwC’s Total Tax Contribution 2008 report to obtain a clearer picture of how Canada’s complex tax system impacts businesses.

Tax Memo: Ontario Sales Tax Harmonization
Read PwC's industry-specific Tax Memos to learn the impact of the HST on your Ontario-based business and how to plan for transition.

Q&A On the Role of Government in the Economic Crisis
Is transitioning to global accounting standards still the right move for US business?
PwC partners Mark Elliott and Michael Jordan discuss the recently released report Government and the Global CEO: Redefining Success.

Canadian Life Sciences Forecast 2009
Ce rapport vise à aider les parties prenantes des secteurs des sciences de la vie et de la biotechnologie à comprendre les défis et les préoccupations de leurs pairs, particulièrement devant l’évolution récente de la situation économique..

Fraud in a downturn
This paper considers whether fraud and integrity threats are changing during this period of economic decline and, if so, how.

IFRS in Motion: Keeping on Track
This PricewaterhouseCoopers publication provides an overview of the key strategies common among companies that have successfully converted to International Financial Reporting Standards (IFRS).

Putting IFRS in Motion: Key accounting issues for pharmaceuticals and life sciences companies
The following publication discusses the key accounting issues relevant to pharmaceutical and life sciences companies as they make their conversion to International Financial Reporting Standards.

Lending a hand: Tax Guide for Charities
Charities that need help navigating complex tax laws can use the following publication as a guide. PricewaterhouseCoopers' Lending a Hand: Tax Guide for Charities explains how Canada's tax legislation up to February 15, 2008 will affect your organization's daily functions upon compliance.

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.

Top 10 M&A Diligence Considerations for Directors
From strategy and management considerations to process and communications issues, this top-10 list is a key primer for directors.

Who Do Boards Really Work For?
PwC and the Institute of Corporate Directors gauge the extent of boardroom changes by engaging those on the frontlines: directors.

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.

How to Succeed in Outsourcing Through Strengthened Corporate Governance
Building a governance framework that bridges the gap between assessing risks and managing them.

The Forecast, Issue 5:
This issue examines the climate change policy platforms of the four major political parties in Canada as well as the two major political parties in the United States.

Banking Review: Finding competitive advantage through adversity
Canadian financial institutions are facing unprecedented challenges. This inaugural issue of Banking Review shares key issues and developments that the sector should monitor.

Distressed mergers & acquisitions
With the financial crisis, now is an ideal time to assess the appropriateness of distressed M&A as a strategic tool. This article focuses on the buyer's perspective.

Audit Committee Effectiveness: What Works Best
Audit committees must learn how to work smarter and to allow enough time to complete their ever-lengthening list of duties, according to this PwC study.

2008 Canadian Energy Survey: Survey of 2007 Results
The 2008 Canadian Energy Survey presents data from the top 100 Canadian public oil and gas companies and top 25 trust companies for the fiscal year ended in 2007.

Insurance Review, Fall 2008
Insurance Review's Fall 2008 issue shares developments on the European Union's new capital management regime and its impact on Canadian insurers. It also discusses transfer pricing issues and IFRS preparation.

Insurance Review, Special Edition
In this special edition of the Insurance Review, PwC explores some of the issues insurance companies may be facing in the wake of the economic crisis.

Financial Reporting Release, January 2009
In this issue: The Future of Canadian GAAP, The Future of Canadian GAAP — NPOs, The Future of US GAAP, Fair Value Accounting, Asset Impairment, Derecognition and Consolidation, Impact of Current Market Conditions on Disclosure, Discontinued Operations, Earnings Per Share, Revenue Recognition, Financial Statement Presentation, Financial Instruments — Canadian Private Enterprises, Emerging Issues Committee Abstracts.

Putting IFRS in Motion: Are you on track?
This publication discusses what’s next for your company now that the Canadian Accounting Standards Board has finalized its decision to require Canadian publicly accountable enterprises to adopt IFRS starting in 2011. (For a complete list of our IFRS publications, visit the publications page on our IFRS microsite.)

Total Tax Contribution — Canada’s tax regime: complexity and competitiveness
This PwC survey provides insight into the composition and amount of tax Canada’s largest companies pay.

Canadian Banks 2009: Perspectives on the Canadian Banking Industry
Recent turbulence in global markets has impacted the performance of all financial institutions, including those in Canada. How is the banking industry weathering the storm, and what does 2009 hold?

Global Economic Crime Survey 2007: Canadian Summary
This Canadian perspective on PwC Global Economic Crime Survey 2007 results provides insights into the perceptions, awareness and impact of economic crime across Canada and around the world.

Practical Steps to Protect Your Reputation
Prepare for unforeseen events that may cause revenue loss or market value due to negative opinion from stakeholders.

Sourcing Perspectives, 1st edition
Learn the impact of labour shortage in Western Canada, IT labour shortage and the rising value of the Canadian dollar on outsourcing and offshoring in Canada.

Financial Reporting newsletters
A regular newsletter that provides updates to international and national auditing standards.

IT outsourcing: The importance of retaining a strong management capability
Learn the critical factors to implement effective IT outsourcing for your company.

IT Governance in Practice
Learn the major findings from PwC's interviews with a number of CIOs who discuss their views on IT governance and what it takes to make it work.

2008 global gold price survey results
This year's survey covers 45 gold mining and development companies with global operations.

Federal Climate Change Policies and Environmental Regulation in Canada and the US (CA)

International Publications and Survey Reports

The Quarter Close
This quarterly publication provides the key highlights from the last few months and identifies additional resources that provide more detailed information and guidance.

To the point: Current issues for boards of directors
We recognize that the current economic crisis makes it even more challenging for directors to discharge their fiduciary duties effectively, represent shareholders’ interests, and advise management. This publication is another example of our continuing efforts to keep you informed.

Corruption crackdown
The following publication discusses how the Foreign Corrupt Practices Act (FCPA) is changing the way the world does business.

The day after tomorrow for asset management
The following Flash-based presentation discusses the impact of the economic crisis of late 2008 on the asset management industry.

2009 PricewaterhouseCoopers Global Private Banking / Wealth Management Survey
The Global Private Banking and Wealth Management Survey 2009 gives a fascinating insight into the themes and trends impacting the world of wealth management as well as practical suggestions for actions wealth managers should be taking.

PwC's Governance, Risk and Compliance webcast series
Today's business world is constantly changing — it's unpredictable, volatile, and increasingly complex. By its very nature, it is fraught with risk. Today, the challenge lies in knowing which risks represent significant opportunities and which are rife with potential pitfalls. To help organizations better understand and prepare for these challenges, PwC is offering a Governance, Risk and Compliance Webcast Series. Each webcast provides key insights and takeaways that you can use to improve governance, risk and compliance at your organization. Upcoming webcasts include: Exploring Emerging Risks in a Global Environment on 6/18, and Privacy Compliance: The Top 10 Things You Need to Know Now on 9/17.

Confidence in the face of turmoil
In this paper, PwC examines how the economic downturn impacts on new decisions to outsource and decisions to renew outsourcing and offshoring arrangements.

Point of View: Rethinking the Path to Global Accounting Standards
Removing the uncertainty from transition
Is transitioning to global accounting standards still the right move for US business?
The forces driving the US toward the use of global accounting standards existed well before the current credit crisis and will continue to exist after the economy has recovered.

Mergers and Acquisitions a snap shot
Did you know that the new M&A standards could impact your company How will you compensate employees of the target? The new M&A Standards may impact your decision. Determining whether employee arrangements represent compensation for service prior to and/or after the acquisition will have a direct impact on the amount included as purchase price versus the amount expensed in the future.

Current issues for board of directors spring 2009
As the title suggests, To the point addresses contemporary issues important to boards and is meant to be impactful, insightful, and concise. Each quarter PwC plans to address select topics that are of immediate interest to directors. This inaugural edition of To the point addresses going concern, counterparty risk, and fair value of nonfinancial assets and liabilities.

10Minutes on the emerging influence of IFRS
IFRS is already affecting US companies, with the impact broadening considerably over the next few years as ongoing convergence of US GAAP and IFRS brings key financial reporting changes and numerous business implications. Companies are also feeling the indirect effect of IFRS adoption by their foreign subsidiaries and counterparties, particularly in customer and vendor transactions. To take these developments in stride, companies must assess where IFRS intersects with their financial reporting and business decisions, both here and around the globe.

View Magazine
With the economy remaining center stage, the new issue of View examines the impact of the recession and its aftermath from several perspectives. In the cover story, PwC looks at the current credit crisis and how some savvy companies are rising above tougher credit conditions to usher in a new era of excellence.

Exploring Emerging Risks
This paper looks at how organisations identify, assess, and manage risks, what techniques they are using as basis for determining response strategies that align with their strategy, and risk appetite and tolerance.

10Minutes on Current Developments for Directors
Directors are bringing their diverse experience and wisdom to bear as they help management negotiate the global economic crisis. 10Minutes discusses what that entails, pointing to actions directors are taking to keep their companies on course.

Questions that shareholders may ask at 2008 annual meetings
This publication can assist management and the board of directors of public companies in preparing for the annual meeting and to enable them to provide informed responses to shareholder questions.

Emerging trends in corporate governance
This joint report with Corporate Board Member outlines the results of an academic council that conducts annual roundtable discussions considering emerging challenges boards of directors face and will face in the future.

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.

Board governance series supplement
These PwC and Corporate Board Member webcasts offer standard industry practices on matters important to directors and senior executives.

2008 Year End Questions Audit Committee Members should be asking
This publication includes questions considered particularly worthy of audit committee members' focus during the 2008 reporting cycle given the current economic environment. The questions are intended to be in addition to the questions the audit committee routinely asks management and the auditors and cover fair value measurement, other-than-temporary impairment, goodwill impairment, disclosure, risk, going concern and M&A, among others.

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.

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

Banking Banana Skins 2008
The PwC-sponsored survey asks members of the finance industry about the soundness of the financial markets.

Current developments for audit committees
This update informs audit committee members on current business and regulatory developments affecting their responsibilities.

Working guide for an investment company's audit committee
The guide reflects the changes to the audit committee responsibilities stemming from SOX and compliance program rules or registered investment companies and investment advisers.

2008 State of the internal audit profession study
This fourth annual report captures the current view of the internal audit profession.

Global Best Practices
This PwC Canada service will help achieve a company's operational excellence by sharing process-level best practices and benchmarking tools that have been implemented and proven at many of the world's leading companies.

An opportunity for transformation: How internal audit helps contribute to shareholder value
This PwC whitepaper examines key topics for internal audit transformation.

Internal audit 2012
This PwC US survey shares a composite picture of internal audit by 2012.

Confronting corruption
This report examines what companies are currently doing to manage the risk of corruption and the steps they can consider to better protect themselves.

Marking to market: How far is far enough?
This publication voices PwC's point of view on the use of fair value as a measurement.

Can financial instrument accounting be simplified?
This discussion paper accesses the practical implications of the IASB's discussion paper Reducing complexity in reporting financial instruments and how companies can help shape future developments.

Are your internal controls supporting your business strategy?
This white paper highlights the benefits of strong internal controls for private companies and outlines the steps they can take to get there.

Looking ahead: Strengthening the structural foundation of the US investment management industry: Internal controls
In this publication, we present our observations on five areas of internal control with important ramifications for the industry, and we offer suggested practices to address challenges seen in each area.

A practical guide to new IFRSs for 2009 (US)
This 48-page guide provides a high-level outline of the key requirements of new IFRS standards and interpretations that come into effect in 2009, in question and answer format.

Financial crisis of 2008: Navigating and mitigating risks (US)
Over the past year the financial markets have experienced unprecedented turmoil, uncertainty and change. What initially began as a decline in homes values and illiquidity in the subprime mortgage market, has now evolved into a broader capital markets crisis having far reaching global ramifications.

Mitigating unknown and unknowable risks through effective Enterprise Risk Management
Effectively identifying and managing emerging risks requires a systematic and disciplined approach. In this article, you will read about the five step approach PricewaterhouseCoopers recommends.

Meeting the challenge of the current financial crisis
The world has changed, and changed abruptly. The current credit crisis in the US has shaken financial markets, undermined consumer and investor confidence, and is threatening economies around the world. We have identified seven key steps that companies should take today in order to position themselves to successfully navigate the rough waters and emerge victorious—identifying and managing risk to survive today and capitalizing on market opportunities to gain and sustain competitive advantage over time.

10 Minutes on Sustainability Cost Reduction (US)
Companies are justifiably anxious to reduce costs. But the problem with many cost-cutting measures is that they are put into practice without considering their sustainability. Often, cost savings achieved in the short term eventually leak away. The failed cost reduction initiatives wind up damaging corporate infrastructure and culture, leaving companies struggling well after the recession ends.

10 Minutes on climate change (US)
10 Minutes on Climate Change provides PwC's insights on how to ensure your company has an effective corporate response as climate-related issues grow in complexity.

Managing the Risks and Rewards of Collaboration

Confidence in the face of turmoil
The following publication discusses the impact of the financial crisis on outsourcing and offshoring.

Accounting for Change: Transparency In the Midst of Turmoil — A Survey of Banks' 2007 Annual Reports
PricewaterhouseCoopers — 08.14.08
The turmoil in the credit markets over the last year has raised many questions as to the effectiveness of the current accounting and disclosure frameworks. PwC's second Banking survey investigates the extent to which the current model has delivered consistency and transparency in financial reporting in the banking industry.

Global Annual Forest, Paper & Packaging Industry Survey — 2008 Edition
PricewaterhouseCoopers — 09.04.08
Now in its 11^th year, this PwC survey provides insight into the major companies, issues and events shaping the industry. This year's survey benchmarks the financial performance of the PwC Top 100 forest, paper and paper-based packaging companies around the world. It also includes a write-up of PwC's 21^st Annual Global Forest and Paper Conference in Vancouver in May 2008, which featured some of the new and evolving industry themes, notably bio-energy.

Mine: As Good as It Gets?
PricewaterhouseCoopers — 07.29.08
PwC's most recent report shows that while revenues of the top 40 mining companies grew by 32% in 2007, costs increased by 38%, thereby reducing margins. The fifth annual report provides a comprehensive analysis of the financial performance and position of the global mining industry and also discusses current trends in the global mining industry.

Communications review: New directions — Volume 13, no. 3
With its theme of "New directions", this issue includes articles on mobile network sharing, the challenges of services innovation, a new approach to managing change, and reducing carbon emissions within the sector and enabling reductions in other sectors. The "Perspectives" interviews feature Thaddeus Arroyo of AT&T Services, Inc., Ok-Kie Lee of KT Corporation, Ronan McGrath of Rogers Communications, and Vincente San Miguel of Telefonica SA Group.

Branching Out — Global Deal Activity in the Forest, Paper & Packaging Industry
PricewaterhouseCoopers — 07.31.08
This PwC publication reviews 2007 deal activity in the forestry, paper and packaging sectors, along with the first quarter of 2008, and examines several key new investment themes. The report also focuses on deal activity by key regions, the success of deals and considers the likely outlook for industry consolidation.

Intertwined: The Physical and the Financial — Commodity Risk in the Oil & Gas, Power Utility and Mining Sectors
PricewaterhouseCoopers — 07.01.08
This PwC publication examines the new commodity risk challenges facing companies in the oil and gas, power utility and mining industries — looking at the specific challenges that arise within each of the industry sectors. Key questions such the role of trading and hedging within company strategies are examined as well as how best to get key building blocks such as organizational structure, tax, valuation and accounting right. In addition, PwC looks at what companies should do to embed effective risk management in this new environment across the whole of their company.

Managing People in a Changing World — Key trends in human capital: A global perspective — 2008
This third edition of Key trends in human capital builds on the critical issues that we have identified in earlier years, and introduces new developments of major interest to all executives involved in people management.

The Global Deals Marketplace: Peak, plateau or paradigm shift?
This paper examines the overarching trends in global deal-making, including the challenges and opportunities in key geographic regions and industries.

Outsourcing Comes of Age
This publication examines the growing complexity of outsourcing and provides evidence that leading outsourcing customers and service providers are shifting from traditional to collaborative business models.

A World of Difference: 2008 Utilities global survey
A world of difference marks the tenth anniversary of PwC annual utilities global survey of 118 senior executives in 37 countries and reveals a sector that is anticipating wide scale transformation in the decade ahead.

CEO Perspectives in Forest, Paper & Packaging — 2008 edition
The second edition of "CEO Perspectives in FPP" from PricewaterhouseCoopers summarises the thoughts of 26 CEOs from the forest, paper & non-paper packaging sectors around the world on key issues facing the industry. The thoughts of CEOs of companies based in North America; South America; the Middle East, Europe & Africa (EMEA); and Asia, are drawn from face-to-face and telephone interviews by conducted by GRPs and members of the core Global FPP team between August and December 2007.

2008 Current Developments for Directors
This report offers a critical look at key issues facing directors and provides information, insights and practical guidance on topics such as changing credit markets and new financial reporting developments.

2007 Securities Litigation Study
Our US firm's 12^th annual evaluation of private-security class actions provides commentary on several key decisions as well as the escalating subprime crisis.

Global Sourcing: Shifting Strategies —A Survey of Retail and Consumer Companies
Global sourcing in the retail and consumer sector is thriving, but many companies are not clear on their cost savings or confident of product safety and other key risks.

Performance Statement: Coming together to shape the future
An international survey of investment community and companies on performance statements

Corporate Reporting: Is it what investment professionals expect?
An international survey of investors’ and analysts’ views on the information that companies provide

Private Equity Going Public: The global private equity report 2006
Learn more about this industry's shift towards greater disclosure and transparency.

The Power of Principles: How to get back to business through sensible integration of governance, risk and compliance*
Read this publication to improve your company's efficiency and performance.

Collaborate and Innovate
Learn best practices to help you transition from a traditional to collaborative outsourcing model.

Paying Taxes — The Global Picture and the Total tax contribution discussion papers
Discuss the importance of knowing your company’s economic contribution in taxes and how this information fuels better reporting.

Governance, Risk & Compliance
White papers and articles focused on governance issues, risk and compliance.