legal

In a fascinating thought piece, Joe Fuller argues reporting models are confusing the puzzle of a business model with unexplainable mysteries. He argues that a rethink of what we require for good governance and understanding firms are reset boundaries rather than simply increased regulation.

Andrew Webster from Navigant Consulting is experienced in helping companies manage fraud and crime issues and believes that companies can do far more to prevent corruption. He warns that both national and international legislation is likely to become more vigorously enforced and gives examples.

Kroll Consulting argues that the current economic climate have made business relationships more complex and outlines steps for companies to perform future litigation, defend asset bases and position themselves for the future. Intelligence is key.

Glyn Jones, chief investment officer at P-Solve Asset Solutions, talks through some of the key investment issues facing company pension schemes including protecting defined contribution schemes and concluding that FRS17 calculations are currently made up.

Apart from our 12 days of Christmas holiday extravaganza we also have a Christmas puzzle from Navigant Consulting. The company argues that one of the best defences against corporate fraud is a company's own observant, knowledgeable and honest staff. To test your own fraud savvy, Navigant invites you to take the below quiz about famous corporate fraud cases. Email your answers to each question to the editor@financeweek.co.uk. The prize is a snazzy Mont Blanc pen. In the event of a tie, the editor's decision will be final. The competition will stay open into the New Year.

Fraud loves Christmas. Andrew Durant provides a checklist of actions for finance staff to undertake before and after the festive holiday that will help prevent fraud or spot something out of order.

A changing commercial and legal environment means directors are faced with increased risk of litigation if a company goes bankrupt. As the credit crunch increases Simon Goldring, partner and Charlotte Lilley of City law firm Reynolds Porter Chamberlain LLP look at what has changed and what steps directors should take to manage these risks.

The world now encourages an environment where computer crime is over-whelmed with opportunities. Martin Baldock argues that companies should be aware of how to defend themselves and produce a series of practical steps in preparation for a cyber attack.

As credit becomes tighter and companies more litigious, management can at least reassure corporate finance departments that improved insurance payment times have arrived. Balance sheet working capital can but benefit from the new electronic claims system sweeping the insurance industry, writes James Sterling.

Sections  112-280 Members and management As an extension to directors not having to reveal their home addresses (mentioned in the previous section), ...