Tag: PwC German Audit
How mid-sized companies deal with the requirements of ESG regulations
Hamburg When Barbara Möllmann started her job at the livestock logistics company Venneker in Nordkirchen, North Rhine-Westphalia, two years ago, she had to be inventive. “There were no structures or…
Portfolio of mortgage lending falls for the first time in eleven years
Residential construction in the new development area in Duisburg Demand for real estate loans collapsed in the first quarter of 2023. The loan portfolio at the savings banks is now…
“Risk of misconduct and fraud is growing”
PwC boss Bob Moritz: “We must not blindly jump into artificial intelligence.” (Photo: imago images/STPP) Dusseldorf In the currently tense economic situation, the risks of white-collar crime in companies are…
Climate start-ups collect record sums
Dusseldorf, Berlin Larry Fink already announced it a year and a half ago: “The next 1000 billion dollar start-ups will be created in the field of climate tech,” said the…
60 percent of purchases are paid in cash
money in the till Customers used cash, especially for smaller amounts. (Photo: dpa) Frankfurt Consumers in Germany still prefer to pay with cash. 59.4 percent of all transactions at the…
US banks often perform worse than European institutions when it comes to management quality
Silicon Valley Bank logo Weaknesses in risk management are said to have led to the collapse of the institute, among other things. (Photo: Reuters) Frankfurt The bankruptcy of the Silicon…
Banks in Germany are again granting more construction financing
Construction of a prefabricated wooden house The turnaround in interest rates and the general uncertainty are dampening demand for mortgage lending. (Photo: mauritius images / Ralf Gerard) Frankfurt The construction…
Advent puts German specialist care for sale
intensive care The company Deutsche Fachpflege looks after around 8,500 patients in Germany. (Photo: dpa) Frankfurt A billion-dollar deal is looming in the German care market. The financial investor Advent…
Adler Group massively devalues real estate
Adler construction site The company wants to radically shrink. The group is currently burdened with billions in debt. (Photo: Handelsblatt/Nagel) Munich The top management of the real estate group Adler…
Investors criticize the institute’s planned annual general meeting
Deutsche Bank in Frankfort To the annoyance of important investors, the bank has restricted the opportunity for shareholders to ask questions at the general meeting. The re-election of the deputy…
Investors criticize the institute’s planned annual general meeting
Deutsche Bank in Frankfort To the annoyance of important investors, the bank has restricted the opportunity for shareholders to ask questions at the general meeting. The re-election of the deputy…
Rödl & Partner takes on the audit of the annual financial statements
Adler construction site Take a deep breath in the real estate group: Although little is happening on construction sites like in Düsseldorf, after months of searching, the group reports that…
EY cuts 3,000 jobs in the US
EY company building The company is suffering from the declining consulting business. (Photo: Reuters) Dusseldorf The auditing and consulting company EY has announced extensive job cuts in the USA. The…
Banks are designing their own chatbot alternatives to ChatGPT
Frankfurt The shareholder letters from Jamie Dimon, head of the world’s largest bank JP Morgan, are something like a seismograph for the important issues in the financial world. In this…
How consultants have made themselves irreplaceable for the state and companies
Dusseldorf It is a professional group that fascinates: the consultants. According to the industry association BDU, there are just 173,000 consultants in Germany. That’s not even half a percent of…
Accountant EY calls off split
Auditors EY has invested over $100 million in Project Everest. (Photo: IMAGO/Michael Gstettenbauer) New York, Dusseldorf The auditing and consulting firm EY has stopped its planned split. This was announced…
Accountant EY calls off split
Auditors EY has invested over $100 million in Project Everest. (Photo: IMAGO/Michael Gstettenbauer) new York The auditing and consulting firm EY has stopped its planned split. This was announced by…
Accountant EY calls off split
Auditors EY has invested over $100 million in Project Everest. (Photo: IMAGO/Michael Gstettenbauer) new York The auditing and consulting firm EY has stopped its planned split. This was announced by…
Rising interest rates put corporations in a tight spot
ECB Tower in Frankfurt The turnaround in interest rates introduced in mid-2022 is causing turmoil in Germany’s companies. (Photo: dpa) Dusseldorf The interest rates, which have been rising rapidly since…
Nemetschek sees the construction crisis as an opportunity
Munich Fewer orders, but sharply rising costs: After years of boom, the construction industry is under pressure. But that’s exactly what the construction software specialist Nemetschek will benefit from, believes…