Issue 3, 2011

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Governance

We look at why organisations are finding it increasingly difficult to manage and control risks in Predicting risk in an uncertain world and discover why operating securely in the cyber environment is among the most urgent issues facing business in The cyber-savvy CEO: Getting to grips with today’s growing cyber threats. Our news items include:

• Boilerplate reporting fails investors and companies
• Strong support for ‘comply or explain’ principle
• More board focus on stakeholder concerns

Corporate reporting

Find out why taking a compliance-driven approach to reporting is becoming a risky option in From compliance to competitive edge, and discover why Puma’s ground-breaking approach to costing its use of different kinds of capital could be a catalyst for radically different reporting on Case study: Puma’s reporting.

The news section includes:

• New framework for integrated reporting
• Carbon Disclosure Project finds link between sustainability and financial performance
• Management commentary fails to impress

Financial reporting

Integrating finance and risk reporting is an imperative for many organisations. We explain why focusing on data and not technology is the key, in Put data first – it’s the lifeblood of business. We also take a look at the IASB’s agenda and how constituents can help steer its direction, in A new direction for the IASB?

This section’s news articles include:

• Global standards gain popularity
• Investors want clarity and depth of insight
• Local news from Asia-Oceania, Japan, New Zealand, India, Malaysia, Singapore, Nigeria, US and the UK

Assurance

We survey the current regulatory landscape for audit, and ask whether the measures being considered will help restore market confidence and contribute to economic growth, in Audit reform – can it help us grow out of the crisis? Reporting by auditors is critical. But we argue that more can be done to meet the needs of investors, improve transparency and build confidence in the audit in Can we increase the relevance of auditor reporting?

Assurance news articles include:

• Standard setters act on call for better auditor reporting
• Investors call for assurance on key performance measures
• Plan to learn from ISA implementation experiences

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