As previously noted, the Canadian Institute of Chartered Accountants (CICA) has released a discussion draft of the research report, Using the Internet in Corporate Reporting: Practical Guidance for Effective Communications with Stakeholders. As the title suggests, this report contains extensive practical guidance for effective communications with investors and other stakeholders. That guidance includes two case studies. PotashCorp was selected by the Study Group for a detailed analysis of the website design and information content of its 2009 Online Annual Report. BMO Financial Group was selected by the Study Group for a detailed analysis of the design and information content of the Investor Relations section of its website. Three separate guidance booklets have also been published ─ Practical Guidance for Managing Collaboration and Innovation, Practical Guidance for Managing Websites and Practical Guidance for Managing Web 2.0 and Social Media. This is Part 2 of a multi-part series on the key messages contained in this new CICA research report (also refer to Part 1).