Ernst & Young Monthly News November 2007
Publications
(PDF, English, 870 kB)
International GAAP® Illustrative Financial Statements – Based on International Financial Reporting Standards in issue at 31 August 2007
This publication is based on International Financial Reporting Standards in issue at 31 August 2007 and contains the consolidated financial
statements of a fictitious manufacturing company. IFRS references are shown on the right hand side of each page of the financial statements indicating
the specific IFRS paragraph that outlines the actual accounting treatment or disclosure adopted for that particular line item or block of narrative.
(PDF, English, 529 kB)
Implementing a Top-Down, Risk-Based Approach
(PDF, English, 698 kB)
The publication Option Pricing Models, produced by the share-based payment group, explains how the Black-Scholes-Merton formula, lattice models
and monte-carlo simulations can be used to estimate the fair value of employee share options in accordance with IFRS 2, highlights some of the
differences between the models and provides some guidance as to when each may be appropriate.
(PDF, English, 2.03 MB)
Embracing innovation requires a changing mind set that taps creative opportunities and focuses on moving the best ideas forward. This report explores
the subject of innovation as it relates to the property / casualty insurance industry. It examines eleven sets of competing objectives categorized into
three groups: broad strategic issues, structural issues pitting different segments of the industry against each other and operational issues.
(PDF, English 140 kB)
Form W-9 for documentation of U.S. persons has been updated and published by the Internal Revenue Service (IRS) by way of a new 'Revision
October 2007'. For new account openings and changes, only the most current version should be used by Qualified Intermediaries. Besides minor
changes in formatting and wording, the IRS made two important amendments. For more information and consequences, please have a look at our latest QI-Update
(PDF, English, German, French, 868 kB)
Interviews with: Joerg Wolle, DKSH; Peter Steiner, Karl Steiner AG; Daniel Borel, Logitech / Growth: Finance; M&A; New Markets
(PDF, English, German, French, xx kB)
A survey about the importance of megatrends and business drivers
(PDF, English, German, French, 2.77 MB)
Ernst & Young in Switzerland 2007
(PDF, English, 865 kB)
Managing for growth in an uncertain world – Welcome to the first issue of Utilities Unbundled, a round-up of analysis and comment on current issues in utilities.
(PDF, English, 594 kB)
Managing uncertainty with anticipation and agility – Five Strategic Drivers: Is unbundling the answer for Europe’s power providers? What are the risks of
venturing into Russia and what does it mean that energy trading is hot again? How can companies benefit from risk management and revenue assurance? In
Ernst & Young new magazine Utilities Unbundled we explore how anticipation and agility are essential to succeeding in the face of five strategic industry
drivers, and much more.
(PDF, English, German, French, 899 kB)
SWX Swiss Exchange issued its revised commentary of the Directive on Corporate Governance (DCG). Together with the new article of the Swiss Code of
Obligations regarding remuneration disclosure, this publication should substantially enhance transparency in the field of remuneration.