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 the PDF for World watch (1.25mb)  Download World watch: Issue 3 2008 (1.25mb), or order online.

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





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Sarah Grey
Editor: World watch
Of further interest
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