Soaring to New Heights

In their latest report, which reviews the governance considerations for audit and risk committees, Criticaleye’s Advisory Partner, EY, analyses what reporting can tell us about FTSE 350 governance practises and how they are likely to evolve in light of the Government’s reform proposals, the shift towards stakeholder capitalism and the pandemic.
 
Key takeaways include:
  • Investment managers have an important role to play in the audit and corporate governance reform agenda. This will involve engaging with audit committees on material risks to the long-term value of the company.
  • A number of companies have explicitly stated that they already are, or will be next year, taking action to prepare for the introduction of new ICFR (Internal Controls over Financial Reporting) requirements in the UK. 
  • Around 80 percent of the companies within EY’s sample had a cyber security related principal risk. A further 12 percent explicitly referenced cyber security as part of their operational risk (financial service companies) or business interruption/ continuity.
 
This report also includes some valuable examples from 2020 annual reports.




Related Insights

Read, watch & listen to some of the latest thought leadership from our Community.

Inspiring Leaders Podcast: Le...

In this episode, we hear from Sean Latus, Group CEO at Calisen, as he reflects on his transition from CFO to CEO and the realities of leading a complex organisation in today’s business climate.  Hosted by...

Click here to download this insight
Europe's AI Reckoning: Reinve...

Europe’s productivity challenge is growing and the clear root cause is underinvestment in technology. In this report, Criticaleye Partner Accenture explores the potential of artificial intelligence (AI) to bo...

Click here to download this insight
Fuelling Entrepreneurial Ambi...

The London Stock Exchange’s growth market AIM is celebrating 30 years as the UK’s pre-eminent platform to fuel the growth ambitions of entrepreneurs from around the world. Criticaleye’s Jacob Ambrose W...


1 2 3 4 5 6 7 8 9 10
Displaying 1 to 3 of 329




Aldermore Group Hitachi Solutions IBM Consulting GlaxoSmithKline plc Worldpay Experian NATS Workday Concentrix AlixPartners London Stock Exchange Group Palo Alto Networks British Land Legal & General Eightfold AI LDC FTSE Women Leaders Review Drax Group plc Royal London Group NatWest Group Lightsource bp E.ON UK Rolls-Royce Redwood Bank Accenture Amazon UK Salesforce Google