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In this issue of the ACI Quarterly, we highlight the key themes arising from Sir David Walker’s independent review of corporate governance in UK banks and other financial industry entities (BOFIs), Jan-Michiel Hessels shares his experiences of working in the not for profit sector and we look at the ten principles of risk oversight recommended by the BRC (Blue Ribbon Commission) to help boards strengthen oversight of their company’s risk management system and activities.

In this issue of the ACI Quarterly, Rodger Hill, Head of Finance Management at KPMG discusses the burning question of whether transforming your finance function could held to transform your business. We also discuss trends found in narrative reporting disclosures from the FTSE 100 and KPMG’s Forensic Team provide insights into a recent survey that indicates that many UK companies risk falling foul of anti-bribery and corruption rules

This issue of the ACI Quarterly is risk themed. Mary Pat McCarthy from KPMG in the US discusses the key oversight challenges facing audit committees today and Tim Copnell discusses lessons learnt from the financial crisis. Other articles include a discussion of the importance of risk culture and why it has come under the spotlight recently and Emma Bendon and Katherine Lee discuss companies’ relationships with investors

This issue of Quarterly starts with Focus on “Non-Financial” Reporting, which highlights the key areas of focus for the audit committee for the front end of the accounts, Martin Morrow of KPMG in Australia writes about the current debate over Executive pay: balancing investor and executive expectations and The Audit Committee Institute in Ireland interviews Dan O’Conner for his views on Audit Committee Challenges: A Perspective from Ireland.
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