Tag: finance
Watchdog investigates KPMG over HBOS
UK’s Financial Reporting Council to investigate auditors KPMG over “going concern” assumption at HBOS.
New regs focus audit committees on quality
A Brussels conference hears that new legislation has seen audit committees place new emphasis on audit quality and less interest in cost.
New audit regs are here
The European Union’s new Audit Directive is here and will present a significant change for audit committees and their responsibilities over auditor selection.
French pay reform
Directors and management associations in France want the country’s president Francois Hollande to stick with “soft law” on executive pay. They argue that their governance code is one of the most “demanding and respected in Europe”.
Create value, support growth
UK companies are not investing. Laurie Fitzjohn-Sykes argues that governance structures are too focused on risk aversion rather than entrepreneurial leadership.
Evolution not revolution
Audit committees are faced with more and more responsibility but Vodafone’s Nick Land says they are taking it in their stride.
Stewardship, non-financial reporting and engagement
The International Corporate Governance Network celebrates its 20th anniversary this year. Executive director Kerrie Waring looks back on changes in governance, what the priorities are now and what the future may hold.
Worldpay charges Karen Richardson with board duties
Former Epiphany chief executive joins audit and nominations committees at the payment services firm.
Taking the initiative
Shareholder interests are not taken seriously and audit committees need to be more proactive in probing company strategy, says the head of the Dutch shareholders’ association.
Confronting climate change risk
Investors are beginning to analyse their portfolios for climate change risk and carbon content as the issues rise up the investment agenda. What are their strategies for confronting the problem?