Fiona Sheridan, head of risk advisory services at
&Y, said: ‘Globalisation continues to cause a major compliance headache
for many organisations, which are frequently being forced to manage diverse
regulations as they expand into new markets.’
&Y said that the global heavyweights of tomorrow are already identifying
these risks and developing strategies to use them as a point of competitive
advantage in the race for increased market share.
Sheridan added: ‘This report is just a snapshot of the risks we see now. If
we had done this exercise ten years ago, it is unlikely that climate change
would have placed so highly. That is why it is so important for global
businesses to be looking at all risks, not just the critical risks of today, but
also those sitting just below the horizon. They could rapidly become critical.’
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements