Archive | October, 2010

NSFM opinion: Develop a parallel audit system

Jonathan Hayward writes: Accountants say, quite correctly, that the legally required purpose of audit is to give an opinion on financial statements prepared in accordance with accounting standards.  Much of the rest of society thinks (and not unreasonably) that audit should contribute more to economic stability by helping to communicate something about the risks inherent […]

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NSFM opinion: Pension funds beware!

Frank Jan de Graaf writes: Most leading economists – including Ben Bernanke, chairman of the US Central Bank – believe that money creation can solve budget deficits by increasing liquidity. I think this works only in the short term. In the long term, loss of solvency is the real risk because it can lead to […]

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Evening Standard covers Penny Shepherd’s NSFM opinion

Evening Standard’s Anthony Hilton calls Penny’s article a ‘timely reminder’ that the business models of today will not necessarily be the business models of the future. Click through to see Evening Standard story

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NSFM opinion: Game-changing innovation

Penny Shepherd writes: Following the financial crisis, investment practices will not remain static. There are strong underlying pressures for change, even if restrained so far by barriers to entry and customer apathy. Sustainable investment champions need to consider how the industry may alter over time if they are to influence effectively. This includes reflecting on […]

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NSFM opinion: Integrated reporting

Mike Krzus writes: How many of today’s reform initiatives—whether in the US, UK, EU or somewhere else—are in reality focused on preventing yesterday’s crisis? Financial market reform should concentrate on creating an environment that supports a sustainable economy. I am not an expert in market reform, so my perspective is somewhat limited. That said, I […]

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