Other publications
Opportunities and challenges for the shipping industrySustained profitability in many sectors, increasingly international operations and ever more sophisticated tax authorities are leading shipping companies to look at effective ways to align their corporate, operational and tax structures.
Protect your shipment: Transportation & logistics companies in managing fraud risksFraud has continued making headlines into the 21st century, yet many executives still believe that “fraud can’t happen in my company”. But fraud does happen, and often – nearly half (45%) of organisations in the Transportation & Logistics industry report having experienced fraud over the past two years, and the actual incidence of fraud may be even higher, as detection can be difficult.
Predicting the unpredictable: transportation & logistics companies against fraud, reputation and misconduct riskThis report provides step-by-step guidance on how to develop an effective antifraud program that addresses not only financial statement risk, but equally important reputation, operational, legal and strategic risks. In addition, it provides a summary of fraud schemes that are common to the Transportation & Logistics industry.
Full steam ahead with IFRS (Shipping)
IFRS in the shipping business, as in other industries, is much more than how
you report your numbers. Embedding IFRS in your organisation offers you the
chance to make significant strategic improvements to your systems and
processes. Companies that use IFRS as a focus for faster, more efficient and
more meaningful internal and external financial reporting can expect business
benefits – in terms of greater financial transparency, trust, and comparability
of performance. Stakeholders’ expectations, including those of regulators, are
rising; the quality of your IFRS reports has a direct impact on their confidence
and, ultimately, on your competitive advantage.
Repacking your accounts (logistics & post)
IFRS is a fact of business life – not just for companies listed in the European Union who have been required to report under the new standards since 2005, but for
all companies that want their financial performance to be widely and easily
understood by their stakeholders. Convergence of national standards with
IFRS and the wide adoption of full IFRS means that IFRS is the "international
language" of accounting.
Switching track to IFRS (railways)
This publication is one in a series of three that cover the transportation
and logistics industry. It explains the major challenges faced by railway
companies that are making the transition to, or already apply, International
Financial Reporting Standards (IFRS). The other two publications cover
the shipping industry and the logistics and post industry.