Ernst & Young Monthly News July 2008
Publications
(PDF, English, 1.17 MB)
China has been ranked the most attractive destination for foreign direct investment, ahead of Western Europe and Eastern Europe,
in our fifth annual European Attractiveness Survey, "An open world". The report shows that the world's regions have become much more
equal in terms of where businesses want to invest.
(PDF, English, 764 kB)
In today's business environment, the overall profile of risk management and internal controls has increased, resulting in greater
responsibilities for those who manage enterprise risk. As such, executive management and board members have higher expectations for
the oversight and management of their key business risk, and how risk and control efforts support overall business performance.
(PDF, English, 1.47 MB)
Review of the major developments in the worldwide IPO markets in 2007 and the first quarter of 2008.
(HTML, English, German, 493 kB)
IFRS is becoming the true global set of accounting standards. The increasing complexity challenges the CFOs in many different ways
and impacts the business in a wider variety of aspects. In order to avoid surprises, it is key to address issues early. Ernst & Young offers
adequate services and assists businesses in meeting the IFRS challenges.
(PDF, English, 624 kB)
On 19 March 2008, the International Accounting Standards Board (IASB or Board) issued a Discussion Paper (DP) Reducing Complexity in
Reporting Financial Instruments which explores possibilities for the replacement of IAS 39 Financial Instruments: Recognition and
Measurement and its equivalent US GAAP guidance.
(PDF, English, 142 kB)
In an increasingly competitive global environment, pharmaceutical industry deals are undergoing closer scrutiny. Investors are
ratcheting up the pressure to deliver on transaction objectives — and looking to the CFO’s office to do so. The role of the
finance function in preparing for and enabling post-merger integration has taken center stage. But finance must play its part
somewhat differently than it has in the past.
(HTML, English, German, French)
Due to the continuous increase of digitalization and information control that companies are confronted with (e.g. e-mails), an
efficient and controlled process for managing archived information is steadily becoming more important. In addition, companies must
comply with legal regulations related to electronic data archives.