Ever-increasing compliance requirements and business complexity have driven companies to establish or procure other risk management and assurance functions. They are charged with measuring and reporting risk, identifying control gaps, tracking remediation, and concluding whether control processes are operating effectively in specific areas. Examples of some internal assurance providers are identified as environmental compliance groups, quality management functions that focus on manufacturing activities, internal control teams that assess controls over financial reporting, and IT governance groups.

The 2010-2011 FEACO survey of the European management consulting market conducted in collaboration with the national management consulting associations in Europe shows that the size of the consulting market increased from 83,7 billion € in 2009 to 86,2 billion € in 2010, which means an increase of 2.9%, which was higher than the forecasted 1.6%.

Número 55 de la revista de los órganos autonómicos de control externo -Auditoría Pública- que cuenta con interesantes artículos profesionales así como una extensa entrevista al miembro español del Tribunal de Cuentas Europeo, Juan Ramallo.

The IIA has released a new practice guide entitled "Interaction with the Board." The purpose of this practice guide is to assist the chief audit executive (CAE) in meeting the requirements of the International Professional Practices Framework (IPPF) as it relates to interacting and communicating with the board. Boards and internal auditors have interlocking goals. A strong working relationship between the two is essential for the internal audit activity to fulfill its responsibilities to not only the board, but also senior management, shareholders and other stakeholders. This practice guide covers several activities, primarily accomplished through the CAE, that are key to an effective relationship between the board and the internal audit activity.

The Institute of Internal Auditors (IIA) has released a new practice guide aimed at helping smaller audit organizations maintain professional standards. Assisting Small Internal Audit Activities in Implementing the International Standards for the Professional Practice of Internal Auditing [Standards] acknowledges the challenges that many chief audit executives (CAEs) and audit leadership in small audit activities face in implementing The IIA's Standards and provides specific examples and leading practices to help them meet those challenges.

Transfer pricing around corporate supply chains has become increasingly complex and closely scrutinized in recent years. This new publication from KPMG's Global Transfer Pricing Services, A World in Transition: Managing the Transfer Pricing Implications of Complex Supply Chains, focuses on three discrete types of supply chain issues.

The governance of Britain's listed companies has gone through profound changes in the last fifty years. The composition of the board of directors, the role of the chairman, the relationship between directors and shareholders - these and other elements in the corporate governance system look very different today from the arrangements which prevailed in the 1960s and 1970s.

After several years of extreme fiscal uncertainty, there's a surprising level of confidence in growth expressed by a large number of chief executive officers (CEOs) who responded to the annual Global CEO Survey. In the 2010 survey, the world's business leaders were focused on risk management, crisis prevention, and internal cost efficiencies. Correspondingly, the 2010 State of the Internal Audit Profession Study revealed that internal auditors are intent on meeting the changing needs and expectations of their stakeholders, including the CEOs. We examined new approaches to risk assessment, integration with other risk and compliance functions, and strategies for enhancing internal efficiency, all to address the overriding challenge of doing more with less.

Wolters Kluwer España, colaborador habitual del boletín de CEDE, ha presentado el "Primer Estudio sobre valoración y percepción de la auditoría en las empresas". Para ello se ha encuestado a un colectivo de directores financieros, directores administrativo/contables, y directores generales de empresas, que han manifestado sus opiniones directas acerca de la actividad auditora en general y sobre aquellos aspectos más valorados y demandados a las firmas de auditoría.

La Comisión Nacional del Mercado de Valores (CNMV) ha publicado el "Informe sobre la supervisión de los Informes Financieros Anuales por la CNMV" correspondiente al ejercicio 2009. En él se analizan los aspectos más relevantes de los informes de auditoría de las cuentas de 2009 de las entidades emisoras, así como los trabajos de supervisión realizados por la CNMV sobre el informe anual presentado por las compañías con el fin de elevar la transparencia de sus actuaciones.

Wolters Kluwer España, colaborador habitual del boletín de CEDE, ha presentado el "Primer Estudio sobre valoración y percepción de la auditoría en las empresas". Para ello se ha encuestado a un colectivo de directores financieros, directores administrativo/contables, y directores generales de empresas, que han manifestado sus opiniones directas acerca de la actividad auditora en general y sobre aquellos aspectos más valorados y demandados a las firmas de auditoría.

La Comisión Nacional del Mercado de Valores (CNMV) ha publicado el Informe Anual de Gobierno Corporativo de las entidades emisoras de valores admitidos a negociación en mercados secundarios oficiales, correspondiente al ejercicio 2009.

Harnessing the forces of change: IFRS for Investment Funds, addresses and highlights the major differences between IFRS and the U.S. Generally Accepted Accounting Principles ("US GAAP").

Consumer Credit losses have devastated businesses globally, costing hundreds of billions per year. Because the slow economic recovery brings the threat of continued losses, companies should respond boldly.