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Joint study by IFAC and CIMA on corporate successes/failures

  • IFAC (International Federation of Accountants) (lt gray) Image

26 Feb 2004

The International Federation of Accountants (IFAC) and The Chartered Institute of Management Accountants (CIMA) have jointly published a study on Enterprise Governance: Getting the Balance Right.

The balance in question is the relationship of corporate governance (board structures and roles, internal controls, etc.) and corporate performance (strategy and value creation). The report includes analyses of corporate successes and failures in 27 case studies from 10 countries. It introduces the concept of the strategic scorecard and offers guidance on enterprise risk management, the acquisition process, and managing board performance. An appendix features a synopsis of recent international corporate governance developments. The report may be Downloaded from IFAC's Website free of charge. Click here for IFAC Press Release (PDF 54k).

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