Tag: PwC German Audit
Rising interest rates put corporations in a tight spot
ECB in Frankfurt The turnaround in interest rates introduced in mid-2022 is causing turmoil in Germany’s companies. (Photo: imago images/Jan Huebner) The interest rates, which have been rising rapidly since…
Deal activities primarily in medium-sized companies – focus on the health sector
Researchers in the analysis of pathogens Healthcare is one of the areas where private equity firms remain very active. (Photo: Weisflog) Frankfurt It was one of the last big hits…
The mortgage lending business is collapsing like never before
housing construction New business with private real estate loans collapsed in February. The year-on-year decline is even stronger than in January. (Photo: mauritius images / Rupert OberhŠuser) Frankfurt The construction…
There are only bright spots in IPOs in the USA
Ionos IPO in Frankfurt Frankfurt The lull in IPOs continued worldwide in the first quarter of the current year, although there were positive signals from the US stock exchanges. Worldwide,…
China tightens oversight of auditors
Deloitte CEO Sharon Thorne at a business forum in Beijing US society is the first to feel the harsher actions of the Chinese authorities. (Photo: Reuters) Dusseldorf China is taking…
The digital twin helps with construction
Haukeland Clinic in Bergen The new building of the clinic was not only planned on the computer, but also carried out with a digital twin. (Photo: KHR Architects) Cologne The…
“Big Four” challenger Grant Thornton becomes an inspector at Porsche Holding
Logo at Porscheplatz in Stuttgart The holding company of the Porsche and Piëch families is also based here. (Photo: IMAGO/Arnulf Hettrich) Dusseldorf In the future, the balance sheets of Porsche…
Start-up Integrity Next receives new capital
Munich Transparency in supply chains is becoming increasingly important for companies in view of their own climate and sustainability goals and regulatory requirements. “It’s no longer enough to just select…
The mortgage lending business is likely to remain weak
Frankfurt After a weak start to the year, the business with new mortgage lending in Germany is likely to stagnate at a low level. “We assume that new business will…
How EY wants to save the split project
EY office building in Berlin The company wants to separate the consulting business from the auditing. (Photo: dpa) Dusseldorf The auditing company EY is striving for a speedy solution to…
Credit Suisse finds “material flaws” in financial reports and removes bonuses from corporate management
Credit Suisse with Switzerland flag In the current crisis, the financial institution is also cutting the remuneration of management. (Photo: Reuters) Zurich The major Swiss bank Credit Suisse has identified…
Credit Suisse finds “material flaws” in financial reports and removes bonuses from corporate management
Credit Suisse with Switzerland flag In the current crisis, the financial institution is also cutting the remuneration of management. (Photo: Reuters) Zurich The major Swiss bank Credit Suisse has identified…
Credit Suisse finds “material flaws” in financial reports and removes bonuses from corporate management
Credit Suisse with Switzerland flag In the current crisis, the financial institution is also cutting the remuneration of management. (Photo: Reuters) Zurich Credit Suisse Group AG has identified “material deficiencies”…
BDO appoints new management duo – CEO Holger Otte resigns
BDO boss Holger Otte At the end of June, the 70-year-old will step down as CEO of the auditing company. (Photo: BDO) Dusseldorf The fifth-largest German auditing firm, BDO, will…
US partners are struggling to divide up staff
EY company building The company wants to split into independent auditing and consulting companies. (Photo: dpa) Dusseldorf The planned split of the auditing and consulting company EY will be further…
Department store closures are becoming a problem for the municipalities
Karstadt Kaufhof Gallery Many branches of the department store giant are threatened with vacancy. (Photo: dpa) Cologne Whether 40, 60 or maybe even 80 of the almost 130 Galeria Karstadt…
When will e-cars become cheaper than combustion engines?
Electric car versus combustion engine Price parity has already been achieved for the first models. Dusseldorf The prices for combustion and electric cars could already be at the same level…
Grant Thornton: Dax mandate for the auditor
Grant Thornton boss Michael Häger: The head of the German auditor will step down in October. (Photo: Warth & Klein Grant Thornton) Dusseldorf The Düsseldorf auditing company Grant Thornton will…
Given the high electricity prices, is an electric car still worth it?
Dusseldorf According to the will of the federal government, 15 million electric cars are to roll on German roads by 2030. Right now it’s not even a million. The ambitious…
Ebay Germany removes fees for private sales
German headquarters of Ebay near Berlin In Germany, the platform waives fees for private sales. (Photo: ebay inc) Dusseldorf With a radical change in the business model in Germany, the…