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21 Dec 2004
Research published by the Institute of Chartered Accountants in England & Wales showed that 87% of UK investment fund managers expressed a 'great deal' or a 'fair amount' of confidence in audited financial information.
A majority, 56%, of investors of their American counterparts shared the same view of audited accounts in their country.
It showed that American confidence was bouncing back in the wake of Enron and other high-profile collapses.
Gerald Russell, vice-chairman of the ICAEW's Audit and Assurance faculty, said the trust shown by investors was good news for the markets.
'Dialogue between the profession and the investor community also has a key role to play in maintaining confidence in the quality of financial information available to the market.'
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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