The International Accounting Standards Board (IASB) develops International Financial Reporting Standards (IFRS) used in over 125 countries around the globe. After publishing four major new standards—on revenue recognition, financial instruments,…
Accounting and financial reporting
"After the crisis, it was clear we needed boards of directors for large banks to step up. Now, there is an opportunity to emphasize the more important things … to allow boards to focus."
—Participant
The role of a non-executive director at a…
Governance, Risk management and oversight, Regulation and supervision / Banking
“There’s lots of hype and excitement about these technologies, but I think we really need to ensure that we have the economic evidence that they’re actually a good value for the money for healthcare systems and payers.”
—Healthcare expert“We…
Precision medicine and diagnostics / Healthcare
While compensation committees at large public companies share similar objectives, they often take different paths to achieve success. Whether in the way members prepare for and run committee meetings, evaluate their own performance, or structure…
Board and committee effectiveness
With the pace of shareholder activism accelerating and activists taking on more and larger targets, activist investing remains near the top of the agenda for board members and executives. Consider two examples from 2017: Procter & Gamble faced a…
Investor perspectives on public companies
Natural disasters, product and service failures, cyber attacks, revelations of corporate malfeasance, the sudden loss of a CEO: public companies face no shortage of potential crises. If poorly handled, a crisis can lead to significant destruction of…
Board risk oversight
On June 29, 2017, members of the North American and European Audit Committee Leadership Networks (ACLN and EACLN) met in Washington, DC, for their 12th annual summit. In a members-only session, they discussed audit committee effectiveness, providing…
Board and committee effectiveness
"The hardest judgment is, are we doing enough, going fast enough, and what is possible?"
—Bank Director
Innovation, disruption, digitization, technologically driven transformation–these are the buzzwords of the day in every industry, but…
Regulation and supervision, Innovation and technology / Banking
“Workforce issues are in the forefront of our minds,” said one director. For today’s leading insurers, board-level talent discussions extend far beyond the traditional topics of top management compensation and succession planning. Boards are seeking…
Financial services leadership and talent / Insurance and Asset Management
In the wake of the financial crisis that began about a decade ago, the European Union (EU) stepped up its policy-making on the auditing of public-interest entities (PIEs). EU member states are today implementing the 2014 Audit Regulation and…