Switzerland
Articles & commentaries Switzerland
Ten to Do's for Audit Committees 2012
What do audit committees have to consider for 2012? Have a look at our publication "Ten to Do's for Audit Committees 2012"
Date: 01/01/2012 | Size: 349,51kB
Highlights from the 7th Annual Audit Committee Issues Conference
Attendees say their 2011 agendas are largely being shaped by a number of critical issues, including risk management and crisis response, financial communications and disclosures, new accounting standards (including IFRS/convergence), legal and regulatory compliance, uncertainty about the economy and government regulations, and IT risk - including cloud computing.
Date: 11/08/2011 | Size: 475,69kB
Ten to-do's for Audit Committees 2011
How good are our disaster recovery plans? Is there the right ”tone from the top"? Are there tax drivers for re-locating the company? Such questions and others which have to be considered by the Audit Committees are discussed in our publication "Ten to-Do's for Audit Committees 2011".
Date: 11/04/2011 | Size: 339,12kB
Continuous processing of the latest regulatory and accounting developments is a challenge for all professionals. Also board members are affected by this fact and are forced to deal with the new regulatory environment day-to-day. KPMG supports you as a board member and offers indiviual trainings to your board of directors.
A training session will last 2-4 hours and keeps you up-to-date with:
- providing an overview of latest changes in laws and regulations;
- understanding how the accounting and regulatory changes on the horizon will impact the bank and its resources;
- providing insights into "hot topics” (e.g. Dodd-Frank, FATCA, MiFID etc.) to the bank;
- providing industry insight and benchmarking analysis for control and process related matters.
Date: 07/22/2011 | Size: 448,37kB
New on the Horizon: Revenue from contracts with customers
In the exposure draft ED/2010/6 Revenue from Contracts with Customers the IASB and the FASB propose a new model for revenue recognition. This will impact the revenue recognition of various fees earned by entities in the financial sector. Commission, underwriting, advisory and consulting fees, which represent a significant source of revenue for investment banks are likely to be impacted. In respect of asset managers the proposed model in the ED is expected to have an impact on the recognition of performance fees. Entities in the financial services industry are encouraged to join in the debate and to provide the IASB with their comments prior to the deadline of 22 October 2010.
Date: 07/13/2010 | Size: 2212,28kB
Is privacy a luxury? Private Banking is changing.
With curbs on offshore banking, growing demands for transparency and greater pressure on margins, many private banks find they are having to rethink their business models.
Article by Daniel Senn, Head of Audit Financial Services KPMG Switzerland, published in Frontiers in Finance, June 2010.
Date: 06/01/2010 | Size: 92,36kB
INTEGRATED RISK MONITORING: Board of Directors and management improve the efficiency and effectiveness of their risk monitoring by combining various internal risk management and control systems. ANTITRUST COMPLIANCE: As competition authorities apply the rules in an increasingly stringent manner antitrust compliance is of ever increasing importance.
Download the french publication
Date: 02/01/2010 | Size: 1089,24kB
Audit Committee Institute - Shareholders Questions 2010
Shareholders' Questions 2010 has been prepared in order to assist directors in their preparation for their company's Annual General Meeting. This publication suggests questions that shareholders are likely to ask with a view to helping directors and management plan and develop informed responses.
Date: 02/01/2010 | Size: 1954,47kB
Financial risks and uncertainty in the current economic environment
Date: 12/01/2008 | Size: 858,73kB
Ten To-Do´s for Audit Committees
Date: 01/01/2008 | Size: 492,63kB
Collection of Essays on the occasion of the ACI´s Fifth Anniversary
To mark the occasion of the five-year anniversary of KPMG's Audit Committee Institute, we asked well-known members to write about a topic currently being debated by the board as well as give our readers an insight into their best practice. This resulted in a 44-page collection of essays.
Publication in German
Download the french publication
Date: 01/01/2008 | Size: 863,52kB
Five Guiding Principles for Audit Committees
Oversight practices that work for one audit committee may not work for another; yet, certain "guiding principles" underline the effectiveness of every audit committee - even as specific oversight practices evolve to address changing risks, regulatory requirements, and corporate governance needs. Newly updated, ACI's Five Guiding Principles for Audit Committees considers five principles that help ensure oversight practices are applied effectively - that is, by the right people with the right information, processes, and perspectives.
Date: 01/01/2006 | Size: 896,05kB
The Assurance Concept is a comprehensive approach to corporate monitoring that generates benefits for the board of directors, senior management, shareholders and other stakeholders. It illustrates the interplay of the various functions and bodies, facilitating and simplifying coordination and harmonisation. In addition the assurance concept promotes understanding of corporate management and monitoring as an integrated concept, which helps to detect possible omissions and duplications in corporate monitoring.
Publication in German
Date: 12/01/2004 | Size: 90,53kB
An approach to effective self-assessment by the Audit Committee
Here you can download a form regarding the self-assessment by the Audit Committee.
Date: 01/01/2004 | Size: 38,36kB
In the following commentary KPMG explains the recommendations detailed in the Swiss Code of Best Practice.
Publication in German
Date: 09/01/2002 | Size: 293,31kB
Corporate Governance Guidelines SIX
In the following commentary KPMG explains the important aspects of the SIX Corporate Governance Guidelines.
Publication in German
Date: 09/01/2002 | Size: 157,19kB
Evaluation of audit firms - guidelines for Audit Committees
Here you can download a checklist regarding the evaluation of audit firms.
Date: 01/01/2002 | Size: 24,56kB