December 2003 — PRINT EDITION             No pain no gain Complying with the new governance regulations won’t be easy, but it may have its rewards, say Canadian executives By Peter Morton On the hot seat An audit committee seat is not so cozy these days as new rules put pressure on members By Gilles des Roberts The road to good governance Directors today are facing great challenges, but new regulations just might make their duties a lot clearer By Carol Hansell Fair pay for fair play New governance rules have made directors’ work more demanding. But has compensation kept up? By Nadine Winter Boardroom evaluation What do the big hitters of business and accounting think of corporate governance today? By Josef Fridman     People Musicians are more interested in art than finances, but when they hit it big, many turn to Michael Veitch to shape their record-keeping habits     News and trends   •  New courses for corporate directors   •  Sorry, wrong answer   •  Planning for same-sex marriage   •  Where tax and science meet — part 3   •  Mediation is the message     Numbers game       Ask an expert Asset-based lending can bail you out     Technovations Fujitsu P5000 Notebook Computer • Lexmark P707 Photo Jetprinter • Kyocera 7135 Smartphone     Book Value   •  Integrity in the Spotlight: Opportunities for Audit Committees   •  The Naked Corporation: How the Age of Transparency Will Revolutionize Business   •  What Directors Need to Know   •  The Privacy Payoff   •  McLuhan for managers: New tools for new thinking     Findings CAs on board     Ties that bind Blue collar blues?     Going concern Donald Clow, FCA, President & Coo, Southwest Properties       Governance Board’s due diligence By Mark Van Clieaf     People management Ten tips for team success By Lynne Brenegan     Taxation Issues in R&D taxation By David Horler & Winnifred Brown     Insolvency Monitoring the auditor’s role By Peter Farkas     Inside out The governance issue Off the record From confidence to caution Netwatch Specialist search Test drive Technology for Sarbanes-Oxley Outlook Constitutional games Letters to the editor