Company stakeholders are demanding more oversight and diligence in a variety of areas. With the SEC having implemented a maze of new rules and regulations for accounting and disclosure, particularly Section 404, executives, audit committees and boards of directors have new requirements in fulfilling their roles. The following collection of PwC thought leadership will help you to be better prepared to manage these new responsibilities.
Audit Committee Effectiveness—What Works Best, 3rd EditionThis monograph provides numerous examples of how leading audit committees are not just coping, but succeeding in discharging their evolving and substantial responsibilities. It was developed with face-to-face input from 40 of the most experienced, knowledgeable audit committee chairs and thought leaders around the world, from surveys of audit committee chairs and internal audit directors, and by leveraging the experience of numerous PwC professionals in working with leading companies and their audit committees. It also includes a checklist to guide audit committees in assessing their critical activities.
Running Your ASD Requires GAS: Governance, Architecture, and Sourcing StrategyThis paper deals with considerations to take into account when public sector organizations look to Alternative Service Delivery (ASD) as part of their modernization efforts. According to the paper,three disciplines must be in place to ensure success: 1) Governance, 2) Architecture, and 3) Sourcing processes. The paper argues that without the fuel (G.A.S.) an ASD initiative can hardly achieve the promise of more efficient and effective government.
Corporate Governance and Executive Remuneration—What is the Connection?
This article looks at the relationship between corporate governance and executive remuneration in France, Germany, Switzerland, the United Kingdom and the United States, and summarizes recent trends. It examines a traditional economic model for executive remuneration (agency theory) and an alternative model
(behavioral game theory). Finally, it makes various predictions about future best practices.
Emerging Trends in Corporate Governance
2004
Corporate Board Member's Academic Council discusses the most thought-provoking issues boards must deal with in today's litigious corporate governance environment.
Finding the Silver Lining: How Private Companies Can Benefit from the New Governance and Disclosure StandardsThe Sarbanes-Oxley Act is gradually transforming the way companies—public and private—do business. It has established new guidelines that are becoming accepted throughout the corporate world as the "gold standard." PwC's Private Company Services practice has published a new white paper for private company owners and leaders to help them explore some of the benefits of the new governance and disclosure standards.
Integrity Driven Performance: A New Strategy for Success—Part #2
In this second article in a series, the authors present a best-practices approach to Governance, Risk and Compliance as a support to an integrity-driven performance strategy. They discuss two of four key enablers necessary to achieve effective performance.
Integrity Driven Performance: A New Strategy for Success—Part #3In the third installment of this four-part series, the authors discuss two key enablers that companies must have in order to achieve effective Governance, Risk and Compliance performance, and to successfully apply the GRC Operating Model.
Integrity Driven Performance: A New Strategy for Success—Part #4PwC developed the Governance, Risk & Compliance Operating Model™ to help organizations achieve a best-practices approach to Governance, Risk and Compliance (GRC), and as a support to an integrity-driven performance strategy. This strategy suggests that business integrity, ethics, and values add to business performance when appropriately integrated throughout an organization. In this, the last article in a four-part series, the authors provide a detailed look at the GRC Operating Model—how it works and how it can help organizations improve and measure success.
Board Governance Series Supplement - Volume III
This series highlights content from webcasts featuring highly respected advisors to boards of directors. Offers best practices and expert counsel on matters of critical concern to directors and senior executives.
Anti-Fraud White Paper: The Emerging Role of Internal Audit in Mitigating Fraud and Reputation Risk
Significant legal, regulatory and standards-setting actions are combining to pressure all players in the financial-reporting process to step up their efforts to combat corporate fraud and misconduct.
Current Developments for Audit Committees 2004
Current Developments for Audit Committees 2004 is PricewaterhouseCoopers' annual update, intended to inform audit committee members of current business and regulatory developments affecting their responsibilities.
Management's Responsibility for Assessing the Effectiveness of Internal Control Over Financial Reporting Under Section 404 of the Sarbanes-Oxley Act
PwC's views on management's responsibilities under Section 404, considering the final Section 404 rules issued by the SEC and the proposed PCAOB auditing standard on internal control.
Integrity-Driven Performance: A New Strategy for Success Through Integrated Governance, Risk and Compliance Management: A White Paper
Today, business is at the precipice of a dramatic shift in the way corporate governance, business ethics, risk management and compliance are viewed. It's a shift from a cost-absorbing function to a value-adding fundamental that is part of an organization's DNA.
