Contents

Poisoned chalice

Growing trend for financial restatements

Companies with US-listed securities filed 1,295 financial restatements in 2005, nearly double the previous year’s total.

Changes afoot

GMI’s has issued its latest global ratings which show that change continues to take place at US boardrooms.

New Spanish Code proposed

The Spanish stock market regulator CNMV has published a draft unified code which proposes revisions to the country’s current corporate governance guidelines.

Presentation of Financial Statements

The IASB has issued an exposure draft of its proposed amendments to International Accounting Standard (IAS) 1 ‘Presentation of Financial Statements’.

Auditor independence

The principles-based approach to auditor independence is now widely used throughout Europe.



Changing role of innovation

Innovation has moved from the periphery of many corporate agendas to become the core element for strategic growth.

Two to tango

Arthur Crozier and Sigrid Esser put the case for institutional voting, arguing that good corporate governance needs two to tango.

More pensions mis-selling ahead

Terry Arthur explains why he thinks the UK Government is on the verge of promoting an enormous mis-selling catastrophe in the shape of the National Pensions Saving Scheme (NPSS).