Regulation
NEWS: Regulation, 7 September, 2020
US rule change sets up clash with proxy advisers
The US Department of Labor has proposed new rules that could undermine the ability of proxy advisers to vote on non-financial issues such as ESG.
NEWS: Big Four, 4 September, 2020
PwC loses top spot in the FTSE 100 audit rankings to KPMG
PwC no longer audits the most clients among the UK’s 100 biggest listed companies, plunging from first to fourth position.
INSIGHT: Crisis management, 28 August, 2020
Corporate disclosures and investor relations ‘impaired by Covid-19’
A recent event hosted by Mazars brought together audit committee chairs and investors to explore their experience of coping with the impact of Covid-19.
INSIGHT: Best practice, 26 August, 2020
Relationship audit: how to maximise the benefits of your AIM auditors
Twenty-five years after the AIM was launched, building a constructive relationship with your auditors remains a vital component for success.
NEWS: US election, 17 August, 2020
What would a Biden–Harris victory mean for US corporate governance?
Joe Biden says shareholder primacy must end; Kamala Harris has spoken out on diversity and equal pay. US businesses should be prepared for change.
COMMENT: Non-financial reporting, 4 August, 2020
Companies should embrace Europe’s roadmap to stakeholder capitalism
The EU Non-Financial Reporting Directive review is a watershed moment for global efforts to standardise ESG disclosures and improve business sustainability.
INSIGHT: Research, 3 August, 2020
How the impact of Covid-19 could cause an epidemic of misconduct
The risk of professional misconduct and ethical lapses increases in stressful situations. Organisations should be aware of the contributing factors.
COMMENT: Audit reform, 27 July, 2020
Audit keeps failing—here’s why a fundamental change is needed
The frequency with which companies fail—seemingly without any warning signs—has grown in recent years, with Wirecard the latest example. Auditing needs reform.
NEWS: Reporting, 21 July, 2020
Covid-19: FRC urges companies to provide ‘more extensive disclosures’
The UK regulator says investors expect detailed reporting on the financial impact of Covid-19, while experts point to the risk of firms “burying bad news”.
NEWS: Finance, 15 July, 2020
CVAs: flexible business aid or delaying the inevitable?
Big brands are using company voluntary arrangements (CVAs) to manage the financial impact of Covid-19. But experts warn they can damage the reputation of businesses—and directors.