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Ernst & Young Monthly News August 2007

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Reinforcements mainly in Advisory Services

(Media Release, HTML English, German, French)

Zurich, July 2, 2007 – The auditing and consultancy group Ernst & Young is admitting twelve new partners at its autonomous Swiss branch. The reinforcements will mainly benefit the Advisory Services division.

Historic Advances

(PDF English, 538 kB)
Source: Business Guide to Switzerland
Author: Jürg Zürcher, Partner Ernst & Young

The global biotech sector reported a record number of products in the pipeline and record inflows of risk capital in 2006. Switzerland, for its part, is the leading biotech location in the world in terms of size and number of inhabitants. And the future of the Swiss biotech industry remains rosy.

Internal controlling: Managing the risk landscape

(PDF German, 230 kB)
Source: Business Intelligence Magazine 2/07, June 2007
Authors: Martin Studer, Markus Oppliger, Ernst & Young

Business processes and practices purchased in emerging markets often conceal risks that are difficult to calculate. A comprehensive overview and a corresponding internal control system can help to ensure that growth strategies are successful.

China’s fiscal policy reform

(PDF German, 544 kB)
Source: Finanz und Wirtschaft, May 30, 2007
Author: Kerstin Heidrich, Ernst & Young

China's 2008 corporate tax reform and the implications it will have on companies with investments abroad.

Growth markets: benefiting from the auditing boom

(PDF German, 133 kB)
Source: Handelszeitung, No. 8, February 21 – 27, 2007
Authors: Martin Studer, Michael Riesen, Ernst & Young

Growth management: Business processes purchased in emerging markets often conceal risks that are difficult to calculate. A comprehensive internal control system can help implement growth strategies. At the same time the auditor knows the strategies of the company they are auditing.

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