PwC Executive Academy FY15
Monthly workshops have been planned as follows:
October: Shaping your business to meet tomorrow's demand
November: Non-Executive Directors - Maximising your input
Your business environment is changing. Your customer profile, location and demands keep evolving. How do you stay relevant? Transforming your business today is therefore a key driver. In the workshop, we will explore 7 themes revolving around your business model: grow revenue, integrate successfully, create insights, remove complexity, operate globally, improve efficiency and reduce cost. Through those discussions and knowledge sharing, we will focus on: What transformation means to you, and how it enhances the agility and resilience of your business.
February: Shifting the balance of tax policy - The hidden cost to doing business
The role of Non-Executive Directors (NEDs) is critical to the good governance of companies. NEDs’ remuneration often does not reflect the responsibilities they shoulder and they don’t always realise the extent of their duties to the various stakeholders they are accountable to. This workshop will focus on the evolving roles of NEDs and some of the challenges they face in an interactive manner. At the end of the workshop, participants will be able to identify potential solutions or mechanisms to help support NEDs in their role and to maximise their input at board meetings.
March: Risk Management - From theory to practice
Many governments have looked at reshaping their tax systems and the composition of their tax revenues. The trend has been towards indirect taxes and Mauritius is no different, with indirect taxes accounting for nearly 60% of government revenue. In light of the changing landscape, have businesses adapted their finance functions to perform their role adequately? Indirect taxes require management to evaluate their business model, supply chain and industry they operate in. This workshop will focus on the impact of indirect taxation on businesses, where participants will strategise on how to reduce their indirect tax costs by mitigating leakage, developing tax efficient mechanisms and preventing damage caused by non-compliance.
May: Data Analytics - Turning data into value
In today’s world, there’s no place to hide. Risk is everywhere. Every stage in an organisation’s business cycle is touched by risk. New risks are emerging. How can the board of directors and management build resilience in their organisation? Enterprise risk management (‘ERM’) may be the solution. This workshop will explore how risk management can help organisations achieve their strategic objectives, what it takes to develop a risk culture and how management should set their risk parameters. At the end of the workshop, participants will be able to identify, evaluate and respond to risks, with a view to embedding ERM into the DNA of an organisation.
June: Accessing African Real Estate - A myth or reality?
The explosion of digital data is revolutionising the business world. Organisations are increasingly expected to make their decisions based on robust data analytics as opposed to intuition and experience. Decision-making is expected to be done close to real-time or to be embedded into the day-to-day operations. Data can add value to every part of the value chain or at each stage of the decision-making process. During this workshop, we will share real case studies on various aspects of big data as well as the latest trends in data analytics. At the end of the workshop, participants will understand what data analytics mean to their business and how their organisations can derive benefits.
July: Investment Funds - Risks, trends and practices
With a lack of infrastructure and modern commercial facilities, many African cities are becoming beehives of construction activity. With strong fundamentals, some cities demonstrate excellent prospects for real estate growth as rapid urbanization takes effect. A publicly traded real estate trust, fund or company (REIT) provides many advantages for real estate investors in Africa. Mauritius, with its network of trade agreements with Africa, is emerging as a base for African REITs. Should investors jump in? The workshop will explore the legal and regulatory framework for REIT and compare where Mauritius stands as a base for REITs. We will also share some of the lessons learnt from the recent South African REIT experience whilst analyzing which countries offer the most interesting real estate opportunities and why.
MQA approval in process
Over the past years, there have been an increasing number of investment funds in Mauritius (both domestic and offshore) and some domestic funds are increasingly being marketed as an alternative to the traditional saving accounts. For professionals or investors alike, it is important to understand how an investment fund operates, the regulatory framework as well as the critical factors underlying a fund’s activities. The workshop will provide an overview of the latest types of funds, the specificities of the fund industry as well as the latest trends and emerging practices. At the end of the workshop, participants will understand the operational mechanics, the risk aspects and regulatory environment of an investment fund.