No one response to the economic situation The impact of the credit crunch will
vary dependent on whether or not the company is in the financial services
sector, and on its current financial position. External auditors ...
The way an audit committee communicates needs to reflect the context of its
relationship with the Board, which differs in every company. In order to be of
most use, minutes should be prepared and distributed very shortly ...
There is no universal standard for the way in which audit committees work.
Although broadly they covered the same activities, the number of formal meetings
of companies reviewed ranged between 3 and 13 in the year. The ...
Prepared for the Audit Committee Chair Forum, published by Ernst & Young, CBI
and Cranfield School of Management.
This paper reflects the discussions at a meeting of the Audit Committee Chair
Forum(ACCF) held on 24th ...
Prepared for the Audit Committee Chair Forum, published by Ernst & Young, CBI
and Cranfield School of Management.
This paper reflects the discussions at a meeting of the Audit Committee Chair
Forum (ACCF) held on 19th ...
Bender, Ruth; Moir, Lance(Springer Science Business Media, 2006-01-01)
We examine how UK listed companies set executive pay, reviewing the implications
of following best practice in corporate governance and examining how this can
conflict with what shareholders and other stakeholders might ...
The Financial Reporting Council is charged, through the Audit Inspection Unit,
with monitoring audit quality. However, ‘audit quality' is intangible, with no
agreed defi nition. Although the ACCF meeting came to no ...
This paper sets out the results of interview-based research into the way in
which executive directors’ remuneration is set in two UK utilities. Although the
subject of executive directors’ remuneration has been widely ...
This paper contributes to the literature on directors' remuneration by reporting
the results of interview-based research carried out with executive and non
executive directors at two listed UK utilities, and their advisors. ...
Much has been written about the phenomenon of ever-increasing executive pay in
listed companies. This paper examines some of the underlying reasons for this
continued increase in executive directors’ remuneration. It ...
Much has been written about the phenomenon of ever-increasing executive pay in
listed companies. This paper examines some of the underlying reasons for this
continued increase in executive directors’ remuneration. It ...
The use of remuneration consultants to advise on executive pay is ubiquitous
amongst larger listed companies, and has attracted academics to consider how
their work impacts upon the structure of pay plans. This paper ...
Increased risk In times of cost-cutting, organisations may be at increased risk
due to poor morale, staff changes, or individuals and divisions cutting corners
in attempting to meet the original expectations. Tone at the ...
There is no universal standard for the way in which audit committees work.
Although broadly they covered the same activities, the number of formal meetings
of companies reviewed ranged between 3 and 13 in the year. The ...
Risk is a Board responsibility, which cannot be delegated. The boundaries of the
audit committee lie somewhere below strategic risk, which is a Board function,
and above detailed internal control, which belongs to ...
The volume of non-audited information released by companies is extensive, and
growing. This information has the power to move the share price. However, there
are few regulations concerning this information, and practices ...
Prepared for the Audit Committee Chair Forum, published by Ernst & Young, CBI
and Cranfield School of Management.
This paper reflects the discussions at a meeting of the Audit Committee Chair
Forum(ACCF) held on 8th ...
The Combined Code requires that audit committees conduct an annual evaluation of
the effectiveness of the audit process. In order for this to be done properly,
committees need to determine what they mean by effectiveness, ...
This paper sets out the results of interview-based research to determine why
companies use performance-related pay. The findings indicate that many companies
adopt this structure despite a belief that the money does not ...