World watch: Issue 3 2008

This edition of our governance and corporate reporting magazine includes 40 pages of news and views from around the world. Refer to full contents on inside front cover (pdf below).

Governance reporting hot topics include:

McCreevy promises review of prudential framework
Global finance leaders propose reform on remuneration
Audit committees feel the heat as Australia mandates emissions reporting
Thailand gets tough on independence
What to do when activist shareholders knock
How to balance regulation with appropriate risk taking

Financial reporting hot topics include:

Action on 'crunch time' fair value challenge
Stakeholder action on financial instruments
The Corporate Reporting Users' Forum makes demands
US adoption of IFRS looks set to go ahead
Progress on an IFRS for private entities
Financial Stability Forum calls for further action
How to approach IFRS transition

Assurance hot topics include:

EC leads the way on auditor liability reform
IAASB looks set to complete the Clarity project on time
US oversight board proposals for new audit risk standards
Assurance required on emissions reporting
Trend towards third-party assurance growing

Broader reporting hot topics include:

Carbon Disclosure Project - questions answered
Narrative reporting survey shows need to join the dots
EU tracks sustainability reporting in Europe
Reporting Model - a public-policy issue?
Business reputation at stake on climate change

Download World watch: Issue 3 2008 (1.25 MB), or order online.

Hard copies of our publications can also be obtained from your local PricewaterhouseCoopers office.