What we do: Advisory
Bermuda’s largest international organisations turn to PwC for expert advice with challenging situations from change management to performance improvement, from disaster recovery to enterprise risk management. Join us in Advisory and your experience and expertise will be constantly challenged.
Solutions at every turn
Performance improvement consulting
This team looks at how clients can improve the effectiveness of different functions, from finance to HR, from operations to IT, so that each function’s purpose is aligned with overall business strategy, or is re-configured during periods of change.
Internal audit
Our Internal Audit team works with organisations who do not have existing internal audit functions, but also those that have their own teams but require additional resource/specialist skills. Work typically includes:
- Financial audit – analysing transactions, assessing whether they’re correctly authorised and accounted for; and
- Operational audit – looking at areas not impacting the financial statements, but impacting the company's overall poerations and risk management. In addition, our Internal Audit team works closely with clients as they design and test their systems of internal control for the purposes of complying with the Sarbanes-Oxley act.
Systems & process assurance
We advise clients on how to structure and support their IT functions, and capitalise on technology for more strategic purposes. Our work also encompasses day-to-day operations, data management and privacy and systems implementation.
Enterprise risk management
Our ERM professionals look at clients’ business operations and internal controls framework to identify risks associated with how they conduct their business, recommending appropriate measures and helping clients make risk decisions – such as which risks they can live with and which ones they may need to more actively manage.
Business continuity planning
Our clients need to know how well-prepared they are to recover should disaster strike; how they’d return to business as usual with minimum disruption. Our Advisory consultants help them ask all the right questions of themselves to ensure they have the people and systems in place for optimum continuity.
Regulatory compliance
Particularly within financial services, clients face increasingly stringent regulatory challenges. We help them incorporate compliance into their business plans, liaise with the authorities and improve their own processes; we also work with regulators themselves, assisting them to benchmark against international jurisdictions.
Well-resourced, greatly admired
Our Advisory practice’s client base is more extensive than any other professional services firm in Bermuda; in fact, we advise well over half of the major companies on the island, something no other firm can match.
The strength of our local practice and resources means that, while other firms may operate on a ‘fly-in’ basis, we’ve invested in having Bermuda-based teams who are better-placed to serve and add immediate value to local clients. The technical standards of our people give those who join us excellent opportunities to learn while enjoying superb client exposure.
Our Advisory teams often work closely with other service lines within the firm, helping to broaden your scope and enhance your teamwork and communication skills.