Helping you navigate regulatory complexity and strengthen trust and transparency
Companies and other decision-makers use information to navigate a complex world of risks and opportunities, amid technological advances that are unprecedented in their speed and impact. The world of information and trust is being revolutionised. What do companies and stakeholders need to consider to secure their place in tomorrow's world?
PwC has invested significantly in pioneering the use of artificial intelligence for the audit and has partnered with a leading Silicon Valley-based AI company.
In a fast changing, technology-driven world, building and maintaining trust has never been more important or challenging. Providing trust over financial reporting is a big responsibility, and it lies at the heart of everything we do.
Major new IFRS standards to financial instruments, revenue recognition and leasing present significant challenges to preparers of financial statements. Find the latest practical application guidance here.
Regulatory compliance is not just about playing defence. It also offers an opportunity to consistently strengthen your organisation through strategic, proactive measures - measures that can uncover value, even as they help assure compliance.
From IPO financing to executing a debt offering to ongoing regulatory reporting, our capital markets team can help you identify new ways to access capital or focus investment where it matters most.
Building and maintaining trust has never been more important or more challenging. Business operations are being transformed. This has an inevitable impact on what information companies need to manage the business and communicate externally. Learn more about how to influence and shape the reporting agenda to respond to these dynamics.
Data integrity is a key concern for all businesses. Businesses and auditors constantly make decisions based on the data held within the IT systems.
As systems become more complex and fundamental to the operation and direction of the business, the importance of the underlying data and the information it generates has never been greater. Organisations need to feel confident that the information can be relied upon to make decisions, highlight opportunities and identify risks. We help our clients get comfort over their data and gain assurance that it meets their business needs.
Information Technology (“IT”) environments continue to increase in complexity with ever greater reliance on the information produced by IT systems and processes. The recent emergence of regulations aiming to restore the investor confidence placed a greater emphasis on internal controls and often requires independent assessments of the effectiveness of internal controls.
Are you confident that business benefits will be appropriately identified and realized? Do you have confidence that your projects will be completed on-time, on budget and to the required quality?
Have you identified how you can enhance your internal control environment to more effectively and efficiently meet your operational, regulatory and financial reporting requirements?
Even though IT risks are on the Board’s agenda more than ever before, few Boards understand the full degree of their operational dependence on computer systems and the role that IT plays in shaping their firm’s strategies. It is therefore increasingly critical that Internal Audit (IA) focus their IT audit effort on the things that matter and communicate those issues in a way that the Board can understand them.
Yiangos A Kaponides
Partner, Head of Assurance, PwC Cyprus