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13 February 2012

What is on the minds of boards, investors and management teams as they finalise their reporting

Thank you to those who joined our first live webcast last week on corporate reporting matters.  For those unable to join - the webcast was focused on business reporting challenges, the bigger issues on the minds of boards, investors and management teams as they finalise their reporting for calendar year 2011.  I was joined by Richard Sexton, board member for Reputation and Policy; Peter Hogarth, a leader of our Accounting Consulting Services; and Mark O'Sullivan, a director in our Corporate Reporting team.  I would encourage those who haven't seen the webcast to do so.  It was interesting to hear our experts speak of today's fundamental reporting challenges: namely Executive Remuneration, reporting of risk and going concern/liquidity.

I also wanted to draw your attention to PwC's Annual Global CEO survey launched recently at Davos.  The document is a good insight to what is on the CEO's mind.  The survey not surprisingly highlights that building the trust needed for the business of tomorrow and the focus on corporate reputation is still very much at the forefront.

I hope you join the reporting debate. Please let me know of your comments.

BFN

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