Ernst & Young has stated that UK firms must increase their focus on internal controls and risk management processes if they are to meet looming deadlines set by the Turnbull report on corporate governance.
ADVERTISEMENT
While many FTSE businesses will be able to meet significant requirements of the report, which focuses on the importance of risk management, most will need to move quickly if they are to achieve full compliance and gain from the associated business benefits when Turnbull becomes mandatory next year. The Turnbull report emphasises the need for boards to explicitly and regularly monitor not only control failures but also control weaknesses and "near misses". It is this requirement for boards to evaluate the overall effectiveness of their entire control framework that makes the requirements of Turnbull challenging, given the other pressures on management time, says E&Y.
My client, a leading Insurance company based in the city is looking for an enthusiastic and proactive management Year end accountant to join their Central finance team based in the Central London head office. You ... more >
My client, a leading financial services organisation based in Central London, have a fantastic opportunity for an interim financial accountant. Working within the UK retail accounting team you will be responsible for manipulation of budget ... more >
My client, a leading public sector organisation, is once again working at the heart of government initiatives such as Olympic 2012 Developments, the Crossrail implementation and funding for Anti-Terrorism measures. It is looking for a ... more >
My client, a unique and specialist global client services firm is looking for a fully qualified Internal Auditor to join their established London based team. The position is specifically focused on treasury operations, in particular ... more >
More Jobs in Finance
RSS feeds