2012 Current developments for directors: Finding direction in uncertain times

June 2012
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2012 Current developments for directors: Finding direction in uncertain times

At a glance

This annual publication focuses on the critical governance issues directors and senior executives face, offering information, insights, and practical guidance to help directors meet the demands of their role and enrich boardroom discussions.

This annual publication focuses on the critical governance issues directors and senior executives face, offering information, insights, and practical guidance to help directors meet the demands of their role and enrich boardroom discussions.

This year's publication includes a special focus section on how companies worldwide address uncertainty in the markets and governments, a growing talent management problem and emerging technologies. Other sections of the book cover developments in areas such as regulatory reform, auditing standards, financial reporting, and tax reform. Download the complete 2012 Current developments for directors

Preparing for a brave new emerging world

At a time of a "Great Rebalancing" of economic markets, directors are focusing on how management should weigh the risks of expanding their companies' brands and innovating in foreign markets.

Governance developments

Directors will want to consider changes to their compensation models are needed as the result of the first "say on pay" votes in 2011 and understand the ramifications of further Dodd-Frank Act rulemaking.

Financial reporting developments: convergence continues

Timelines for the convergence of certain accounting standards for leasing, revenue recognition, and financial instruments have been extended by the FASB and IASB. Meanwhile, the SEC has put off a decision on proposing an IFRS road map.

Regulatory developments

Congressional measures that would ease capital formation and amend the Sarbanes-Oxley Act remain up in the air as the auditor regulator mulls over two major concept releases.

Corporate tax reform outlook

It is unlikely Congress will address comprehensive tax reform before the 2012 US elections.

Please also read the 2011 Current developments for directors.