Tag: PwC German Audit
EY wants to reposition itself with a five-point plan
Dusseldorf EY has developed a five-point plan to realign its auditing. The company is also reacting to the Wirecard scandal, in which EY, as the long-standing auditor of the payment…
China’s corona policy is becoming a risk for the global economy
Beijing China’s steadfast adherence to its strict zero-Covid strategy is increasingly jeopardizing global growth. The risk is “perhaps even greater than the war in Ukraine,” warns Alicia Garcia Herrero, chief…
More and more car manufacturers are stocking up on battery metals
Battery cell production at VW in Salzgitter With the turn to electric cars, the capacities for cell production and with them the demand for raw materials for them are growing…
Cathie Wood as a trendsetter: Active ETFs are booming
Cathie Wood The US investor offers active ETFs. This makes her a pioneer. Frankfurt She is considered a star investor: Cathie Wood. In the USA, 16 billion dollars are in…
War in Ukraine halts boom in M&A business
MorganStanley Much more serious than these transactions with a direct connection to the war are the effects on the global business with company acquisitions. (Photo: Bloomberg) Frankfurt The war in…
Millions of refugees expected – The West registers the economic consequences of the war
Dusseldorf One figure leaves no doubt that the attack by Russian President Vladimir Putin will hit the people of Ukraine first and foremost: the European Commission predicted this Monday afternoon…
Auditors KPMG and PwC separate business in Russia
PwC logo So far, Sberbank and the oil company Gazprom have been among the customers in Russia. (Photo: Reuters) new York After KPMG and PwC, the auditing company EY is…
Auditors KPMG and PwC separate business in Russia
PwC logo So far, Sberbank and the oil company Gazprom have been among the customers in Russia. (Photo: Reuters) new York The big auditors KPMG and PwC are parting with…
McKinsey, BCG and Accenture pull out of Russia
McKinsey, BCG, Accenture The three business consultancies are rethinking their business in Russia. Dusseldorf Some of the world’s largest strategy consultancies are suspending their business in Russia. On Thursday, McKinsey,…
Federal government deletes Hermes guarantees
Export port of Hamburg The federal government is canceling the loan guarantees for exports to Russia. (Photo: dpa) Dusseldorf The federal government is now making it considerably more difficult for…
Business in Russia: the federal government removes Hermes guarantees
Export port of Hamburg The federal government is canceling the loan guarantees for exports to Russia. (Photo: dpa) Dusseldorf The federal government is now making it considerably more difficult for…
Business in Russia: the federal government removes Hermes guarantees
Export port of Hamburg Federal government removes loan guarantees for exports to Russia. (Photo: dpa) Dusseldorf The federal government is now making it considerably more difficult for German companies to…
ECB urges banks to be more sustainable
Frankfurt The banking supervisors of the European Central Bank (ECB) are urging Europe’s major banks to step up their pace when it comes to climate protection. “This year we want…
“It was not possible to provide PwC with the necessary collateral”
Zurich Conrad Keijzer is not easily ruffled. The Clariant boss can still see something positive in the chemical company’s worst crisis in years. On Monday, Clariant shocked its shareholders with…
Clariant postpones closing due to possible incorrect postings
Clariant headquarters in Pratteln The chemical company is investigating whether employees have posted the provisions and accruals incorrectly in order to steer the company’s results in such a way that…
Clariant postpones closing due to possible incorrect postings
Clariant headquarters in Pratteln The chemical company is investigating whether employees have posted the provisions and accruals incorrectly in order to steer the company’s results in such a way that…
Tesla and Co. double the electricity demand in the metropolitan region of Berlin
Berlin The transmission system operator 50Hertz surveyed companies and business developers to determine future electricity and hydrogen requirements in its grid area. The main result: In north-eastern Germany, the demand…
Investment banker sentenced to long prison term
District Court of Bonn Judge Roland Zickler found the former risk analyst at MM Warburg guilty of two counts of tax evasion on Wednesday. (Photo: Reuters) Bonn M. sits in…
Investment banker sentenced to long prison term
District Court of Bonn Judge Roland Zickler found the former risk analyst at MM Warburg guilty of two counts of tax evasion on Wednesday. (Photo: Reuters) Bonn M. sits in…
Cum-Ex deals: Investment bankers in the dock
Bonn – District Court of Bonn Judge Roland Zickler found the former risk analyst at MM Warburg guilty of two counts of tax evasion on Wednesday. (Photo: Reuters) The Bonn…