Ernst & Young Monthly News October 2007
Publications
(PDF English, 4.49 MB)
Since the last edition of the European Public Real Estate Association (ERPA) survey was issued in September 2004, there have been tremendous
developments around the world in the REIT arena, not least in Europe. Listed real estate has firmly established itself as a separate asset class,
and Governments around the world have adopted the merits of tax transparent structures. The introduction of the French SIIC in December 2003
proved the catalyst for subsequent developments in Europe. The updated Global REIT Survey is a snapshot of the current situation in 2007. EPRA plans, on
a regular basis, to update and publish the latest changes.
(PDF English, 1.92 MB)
The financial shared services model and the real challenges for the tax functions will be discussed in this brochure.
(PDF German, 100 kB)
Consultative draft issued by the Swiss Fiduciary Chamber on August 28, 2007
(PDF German, 175 kB)
Explanatory notes by Ernst & Young on the consultative draft issued by the Swiss Fiduciary Chamber on August 28, 2007
(PDF English, German, French, 79 kB)
If you have not considered the benefits of investment performance services yet, then think about this: not only could you enhance your marketing
potential, but you could also benefit from improved internal processes and procedures within your company.
(PDF English, 6.1 MB)
Embedded value reporting has come a long way during the last three years. In 2004, only a few companies were taking first steps down the European
Embedded Value (EEV) route and the ability to make valid comparisons of these results was limited due to the lack of disclosure. In 2005 we saw the
majority of CFO Forum members publish on an EEV basis and also the publication of some further disclosure requirements – particularly on sensitivities.
(PDF French, 150 kB)
On the agenda for your next meeting? From 2008 onwards, self-assessment of performance by Boards of Directors will be obligatory for all banks and
all traders, in accordance with Circular 06/6 issued by the Swiss Federal Banking Commission. However, this obligation can also be viewed as an opportunity.
(PDF English, 2.23 MB)
It’s no secret that implementing the provisions of Section 404 of The Sarbanes-Oxley Act of 2002 (Section 404) has been expensive and resource-consuming
for publicly listed companies in the U.S. Still companies are looking for ways to improve efficiencies while also extracting greater value from their 404
programs. Read more in the New 404 Balancing Act.
(PDF German, French, 404 kB)
More and more municipal plants and regional energy providers consider their independence to be under threat. Read the results of an Ernst & Young study
based on a survey of the Boards and CEOs of Swiss, German and Austrian municipal plants and regional energy providers.
(HTML German)
Price: CHF 195 per copy
Opportunities and risks in regulated and deregulated energy markets. This comprehensive study, providing all the results for Switzerland, Germany and
Austria, may be ordered online.