Drawing on input from a range of leading insurers, financial market participants and PricewaterhouseCoopers specialists from around the world, our latest publication provides a global perspective on the financial crisis and how it is set to reshape the industry.
The guide sheds light on the general economic position of the Krasnodar Region, one of Russia’s most rapidly developing areas. This edition contains information on the region’s primary economic activities and provides a detailed description of the prospects for agriculture, the manufacturing industry, tourism, energy and other key sectors.
Insurers are faced with the most challenging economic environment in decades. The new thought leadership identifies nine significant issues that will help to shape the insurance industry in 2009.
When the global financial crisis finally hit Russia in 2HY 2008, M&A mid-market activity contracted within a relatively short period, according to the PricewaterhouseCoopers survey.
The aim of the survey was to collect information needed for analysing the current situation in the not-for-profit and charity sector in Russia.
Research of developed markets conducted by PricewaterhouseCoopers revealed that increasing the effectiveness of an M&A deal directly depends on fulfilling well defined and prioritised integration initiatives in a timely manner.
This paper will be the first in a series of points of view looking at the future of the banking industry, the challenges the industry faces and the actions needed to address these in the short, medium and long term.
As we developed our views on stabilizing and reviving the financial system, we decided to focus on ways to potentially enhance a number of current approaches that have been taken around the world to combat the financial crisis rather than to engage in a lengthy critique or propose a “one size fits all” solution.
We are glad to present you a PricewaterhouseCoopers review of how fraud and other integrity risks affect business in CEE, Russia in 2009.
This issue of Retail and Consumer Worlds offers some advice on how to take advantage of strengthening your business now, focusing on strategy, exploring opportunities and transforming the business in order to be in a better competitive position when the good times return.
The global retail and consumer sectors face, at best, an uncertain outlook in 2009. Most of the developed world is in recession and despite some glimmers of hope real economic recovery is likely some distance away.
This paper offers some insights on the steps that companies might consider while acquisitions of Western European companies to make the deal work for both parties and improve their chances of obtaining better access to relevant opportunities.
Respondents were asked to: provide their views on what Corporate performance management is and does, describe the approaches and tools used in their companies, assess the effectiveness of all aspects of CPM in their organisation
This issue comprises the articles giving the overview of the Indian telecom services sector, considering the regulatory approach and framework that have enabled the Indian communications industry’s impressive growth and explaining how Indian mobile operators have been able to achieve seemingly impossible margins on low average revenue per user.
The current global economic crisis is so pervasive that it is now a given in every business conversation. And while most analysts believe the communications sector will be affected less than many others, communications businesses are taking steps to contain and reduce costs.
This paper explores our approach to cost reduction which is underpinned by a framework that addresses strategy, structure, people, processes as well as technology.
We continue to analyse M&A activity in the global industrial manufacturing industry and have been releasing fresh Assembling value reports each quarter since 2008.
For our survey we interviewed about 70 executives from leading power utility companies in major markets around the world to gain their perspective on the implications of this very different world environment.
Welcome to Assembling value: First-quarter 2009 mergers and acquisitions analysis, PricewaterhouseCoopers' report devoted to the industrial manufacturing industry.
We continue to analyse M&A activity in the chemicals industry and have been publishing new Chemical compounds reports each quarter since 2008. These quarterly analyses include information on individual mergers and acquisitions for disclosed or undisclosed values, leveraged buyouts, privatisations, minority stake purchases, acquisitions of remaining interest and other important information.
The fourth in the series, this report explores how a pharmaceutical company's fully integrated business model may not be the best option for the industry in 2020 and why more creative collaboration models may be more attractive.
The internal audit function’s role in banks has become more significant in the ongoing global financial crisis, as assessing the effectiveness of internal controls and risk management is vital to reducing operational and investment risk and improving overall performance.
It is with great pleasure that we present PricewaterhouseCoopers’ view on Europe’s developing renewable energy market. As the European Union’s 2020 environmental targets - 20% less CO2, 20% more energy efficiency, and an overall energy mix comprising 20% renewables - loom nearer, data suggests we are not yet on course to meet these ambitious targets.
The aim of this study is to provide an analysis of the impact that electric vehicles would have on the Austrian energy industry. The assumption that was made for this study is that purely electric vehicles were to be examined, meaning vehicles running on batteries without combustion engines.
Automotive M&A Insights is an annual review of M&A activity and key trends within the global automotive industry.This edition explores the automotive transactions that closed during 2008, the underlying drivers of these deals and the implications of emerging trends on future M&A activity.
This survey is a continuation of the past 11 years of the North American Survey and for 2008 has been expanded to include global wireless operators. The expansion of the survey globally also reflects the ever-growing importance of International Financial Reporting Standards (IFRS) and the United States and Canada adoption in the future of IFRS.
There will be significant awards of spectrum bandwidth over the next few years in a range of countries as regulators seek to promote the efficient use of spectrum. This spectrum is expected to be used by telecoms companies and broadcasters, and potentially others, to help facilitate the launch of new communications services including 4G mobile services, high speed wireless Internet services and high definition television services.
The first edition of EuroSoftware100 was created through a joint initiative by major European Software associations. The publication gives ratings for both the biggest software vendors operating on the European market as a whole, and on the three main European markets, which comprise Germany, the UK and France.
Over the last decade, the music industry has seen the emergence and rapid growth of digital distribution at the expense of physical formats. Many record labels have suffered falling revenues and profits in recent years.
Over the last decade, the music industry has seen the emergence and rapid growth of digital distribution at the expense of physical formats. Many record labels have suffered falling revenues and profits in recent years.
Over the last decade, the music industry has seen the emergence and rapid growth of digital distribution at the expense of physical formats. Many record labels have suffered falling revenues and profits in recent years.
The new Insurance Banana Skins survey, conducted by the CSFI in association with PricewaterhouseCoopers, shows how respondents rank the risks facing the industry. High on the list is the macro-economic outlook and its impact on the insurance industry. Lower business volumes and falling investment returns are expected to put strains on profitability and capital in many parts of the world.
As before in our Media M&A Insights, PricewaterhouseCoopers' specialists analyse the trends driving M&A activity in the European media sector, review predictions from previous editions and set out their thoughts on developments in the near future.
This new brochure sets out our Assurance services mission and gives a fresh overview of all that we have to offer local and international players in the Russian market
New publication of PricewaterhouseCoopers The day after tomorrow provides a clear articulation of our views on what Financial Institutions should consider given the unprecedented market conditions.
PricewaterhouseCoopers is pleased to invite you to take part in the PwC HR Benchmarking Survey 2009. The survey will enable you to measure the impact of the Human Resources management system on the business, to indicate performance gaps and to provide Human Resources management and finance professionals, as well as top management and shareholders, with solid comparative data.
Transform is the quarterly magazine of PwC in Central and Eastern Europe (CEE). It covers the latest business trends in 25 markets across the region, from the Czech Republic to Kazakhstan. Each issue of the magazine goes out to 10,000 business leaders, financiers, politicians and opinion formers in CEE.
Transform is the quarterly magazine of PwC in Central and Eastern Europe (CEE). It covers the latest business trends in 25 markets across the region, from the Czech Republic to Kazakhstan. Each issue of the magazine goes out to 10,000 business leaders, financiers, politicians and opinion formers in CEE.
This issue of R&C Worlds focuses on the economic crisis and the effect it is having on retail and consumer goods companies.
Given the growing complexity and interdependency of technology products, it is increasingly difficult for any single company to be able to deliver all things to all customers. This underscores the need for formal kinds of collaboration with third parties. But collaboration can introduce a new and broader set of business risks.
The study reviews investment activity by private equity firms and discusses future trends in what has become an influential force in the global automotive supplier marketplace.
When serious problems occur – such as the current financial crisis – regulators and companies alike tend to become more cautious. In response, regulators consider additional oversight, while corporates tend towards extra layers of control, in an attempt to mitigate risks that have already been identified.
Welcome to the first issue of What’s in store?, which is dedicated to the retail and consumer sector. You’ll find articles here that focus on some of our latest research, explore new and emerging trends, and share some of the insights we’ve gained through working with leading companies in the industry.
As the globalisation of business and networks continue to gather momentum, all economies, whatever level of maturity they have reached, are recognising their dependence on the people aspects of their strategies to leverage success. This report raises a range of issues, key messages and implications for all those responsible for human capital management in the immediate future.
We continue to analyse M&A activity in the metals industry and have been publishing new Forging ahead reports each quarter since 2008. These quarterly analyses include information on individual mergers and acquisitions for disclosed or undisclosed values, leveraged buyouts, privatisations, minority stake purchases, acquisitions of remaining interest and other important information.
We continue to analyse M&A activity in the global chemicals industry and have been releasing fresh Chemical compounds reports each quarter since 2008.
We continue to analyse M&A activity in the global metals industry and have been releasing fresh Forging ahead reports each quarter since 2008.
This study gives insight into tax departments as they review their tax strategy and provide information on where they stand compared with their peer group. It will allow a metal company to benchmark itself against its peer group, and a bespoke presentation can be prepared for any company on request.
Over the last several years, Russia has become more and more a part of the global economy and this, naturally, has made the Russian economy increasingly sensitive to global factors. The global economic crisis has revealed this dependence rather clearly.
PricewaterhouseCoopers is pleased to inform you that our “PwC General Industry Compensation survey 2008” among Russian and international companies operating in Russia is released. It is the 11th edition since 1998, which includes detailed information on the compensation levels and benefits packages offered by the major labour market participants.
Transfer pricing taxation rules place a huge burden on multinational taxpayers. The way intellectual property is created, used and shared governs how profits are recognised for tax purposes.
Now in its eleventh edition, PricewaterhouseCoopers' International transfer pricing 2009 is an annual review which provides general guidance on a range of transfer pricing issues in over 60 countries.
Paying taxes is a unique annual report from PwC and the World Bank, which facilitates the direct comparison of tax systems in 181 countries worldwide, and ranks each country according to the relative ease of paying taxes.
Tax planning is an integral part of the quest for stakeholder value; however, companies must ensure that their tax strategy is at all times aligned with business strategy and that sufficient ‘substance’ is present.
The automotive industry has become a major element of the Russian economy, and the automotive components sector is developing at a fast pace. PwC has introduced a new Automotive Component Suppliers Database after extensive research into the sector. The database will be a valuable tool for potential, new and long-established industry players.
Welcome to “Future Trends in CEE M&A”, our report into the key trends that we believe will drive mergers and acquisitions activity in Central and Eastern Europe, the CIS and Russia during the coming 12 to 24 months and beyond.
We are delighted to present you the upcoming issue of CEE Tax Notes. The impact of the global economic slow down continues to reverberate around the world.
International Financial Reporting Standards (IFRS) are widely adopted accounting principles used by many listed companies throughout the world. Last year we conducted a survey on the 2006 financial statements of real estate entities.
The year has been characterised by the credit crunch, slowing of economic growth and high commodity prices. This has caused significant volatility in the financial markets which has impacted adversely on hedge fund performance in certain months and unfortunately, also the demise of some hedge funds and their managers.
Reporting on the performance of operating segments continues to be a critical area of focus for investors and regulators. As telecommunications companies adopt the new International Financial Reporting Standard, IFRS 8 Operating Segments,they may face challenges in defining and reporting segmental information.
Transform is the quarterly magazine of PwC in Central and Eastern Europe (CEE). It covers the latest business trends in 25 markets across the region, from the Czech Republic to Kazakhstan. Each issue of the magazine goes out to 10,000 business leaders, financiers, politicians and opinion formers in CEE.
According to the Mid-market M&A in Russia report released by PricewaterhouseCoopers, mergermarket and Bowne, there will be a greater number of M&A deals in Russia over the next twelve months, but they will be on a smaller scale. And despite the recent market turmoil and downturn in M&A activity, the overall view among analysts is that the Russian mid-market will remain fairly resilient and will continue to see deals being made.
PricewaterhouseCoopers is pleased to present our film Engine for Growth, about the history and future of Russia's automotive market.The first part describes the origin of the Russian automotive industry and outlines major stages in its development and their connection with the country’s main historical events since the 1920s.
We are pleased to present our new Global Automotive Perspectivesfor 2008, in which you will find our vision for and expectations of key industry challenges that are shaping the ever-changing global automotive landscape.
Welcome to the latest issue of Global Automotive Perspectives, in which you will find our insights into three top-of-mind issues facing automotive executives in today's changing environment: automotive supply chain financial recovery, access to capital, the impact of electric vehicles
2007 automotive M&A insights: An annual review of M&A activity and key trends within the global automotive sector
Now in its tenth edition, International transfer pricing 2008 provides in the first sections a general overview of the global approach to transfer pricing issues. The later sections are devoted to a summary survey of specific requirements of the key countries with transfer pricing rules.
The PricewaterhouseCoopers report ‘Making sense of a complex world: Accounting of handsets and subscriber acquisition costs’ considers the accounting issues related to the provision of handsets by mobile network operators
PricewaterhouseCoopers is pleased to sponsor additional research by the School of International Arbitration, Queen Mary, University of London to obtain empirical and qualitative data into the perceptions and experience of corporations in enforcing arbitral awards and settling their disputes more generally, both before and after awards had been handed down.
We are pleased to announce the launch of the second edition of Flying High, a review of M&A activity and key trends within the global A&D sector.
'Branching out' reviews in detail 2007 deal activity in the forestry, paper and fibre packaging sectors, along with the first quarter of 2008, and examines several key new investment themes.
Now in its 11th year, our survey benchmarks the financial performance of the PwC Top 100 forest, paper and paper-based packaging companies around the world.
We are delighted to present you the upcoming issue of CEE Tax Notes. Three of the countries in the region have made significant steps towards regional and global economic integration.
Global Sourcing: Shifting Strategies a survey of nearly 60 large retail and consumer goods companies in eight countries: Australia, Canada, China, France, Germany, India, the UK and the US. The report delivers thought-provoking findings.
Pharma 2020: Virtual R&D - Which path will you take?, the second paper in the PwC Pharma 2020 series, explores how pharma companies could dramatically improve the R&D productivity. It contends that by 2020 the R&D process may be shortened by two-thirds, success rates may dramatically increase, and clinical trial costs could be cut substantially.
The report entitled “You Get What You Pay For: A Global Look at Balancing Demand, Quality and Efficiency in Healthcare Payment Reform” by PricewaterhouseCoopers’ Health Research Institute examines the current landscape of the current payment system and the key levers in driving change of the system.
This publication, which is written primarily with retail and consumer companies in mind, will help clarify the impact of the IFRIC 13 interpretation, paving the way for a smooth transition.
According to the 9th Banana Skins Banking Risk Survey carried out by the Centre for the Study of Financial Innovation (CSFI) and PricewaterhouseCoopers (PwC), the turmoil on financial markets has brought a dramatic change in risk structure. The risks that seem to be on the rise according to Russian respondents reflect the current global concern about the global market situation and economic implications.
A significant piece of research undertaken in late 2007-2008 provides insight on the current state of health of ERM in the insurance industry. This report is a follow-up to a study published in 2004. The aim was to provide a detailed picture of industry attitudes to ERM, while also examining the progress being made from one institution to the next.
PricewaterhouseCoopers and Senteo present a joint study that offers unique insight into Russia’s competitive retail banking landscape to help banks measure and benchmark performance, improve the overall customer experience, and understand how to use customer experience as a business approach to create a more loyal and satisfied customer base.
Retail CEE Atlas was designed to give you a broad tax perspective of the R&C issues in the CEE region. To raise your awareness of potential tax and legal issues which your company may face, the CEE Atlas includes a map of each country, displaying their specific tax and legal issues and defining the level of risk and degree of materiality.
This publication aims to help dealmakers and preparers of financial statements communicate the consequences of a business combination on the current year’s financial statements and how a business combination may affect the future years’ earnings.
One of the biggest problems life science and biomedical companies face in their efforts to develop further is a lack of adequate and reliable long-term financing. At the same time, the pharmaceutical industry has found itself having to deal with a number of complex issues connected with the loss of patent protection and the need to adapt to new ways of carrying out research.
This publication summarises some of the complex accounting issues that are specific to the retail and consumer industry. These issues cover the full value chain, from the creation of a product by a consumer goods company to its sale to the final purchaser.
Meeting the challenge of the current financial crisis publication identifies the imperatives in today's market conditions from cash forecasting, liquidity, funding sources to working capital.
The third paper in the Pharma 2020 series, this report explores how the industry's approach to sales and marketing will change as it moves toward providing preventive care to improve the health of patients, whilst clearly demonstrating value for money.
PricewaterhouseCoopers' new publication,Tax function effectiveness, is the definitive guide to the “why”, the “what” and the “how” of managing an effective tax function. Based on a tax management framework, the book is filled with the practical tools, best practice examples and insights to help organisations manage their tax function in a dynamic, global environment.
This publication focuses on the growing number of global disputes and the trend of dispute avoidance. The publication includes articles covering complex topics such as binding arbitration, best practices in global dispute resolution, permanent establishments, advanced pricing agreements and triangular cases.
This annual publication covers the financial and operational reporting policies and practises of wireless telecommunications service providers in the US and Canada. The survey strives to help companies better understand the comparability of financial statements and industry performance measurements reported by wireless telecommunications companies.
PricewaterhouseCoopers has published an updated interactive publication, which addresses specific areas were telecoms operators may encounter difficulty in the application of IFRS. The publication is supported by over 1,000 general industry solutions and now covers best practice examples of how to treat subscribers’ acquisition costs, prepaid calling cards, connection fees, revenue share arrangements and other emerging issues.
PricewaterhouseCoopers believes that a new and open business model is the way to manage convergence and realize its potential. We believe that virtual walls and barriers must be eliminated both inside and outside a corporation. A different way of doing business is needed, one that both enhances and extracts value from the fusion of value drivers occurring both across and beyond the enterprise.
PricewaterhouseCoopers Real estate services team works in respond to the needs of the market. Since 1997 we have been the principal advisors on the major real estate projects involving foreign and domestic capital.
For this survey about the digital home, our first of a series of global Convergence monitor surveys, PricewaterhouseCoopers surveyed 8,000 of our employees in 17 countries. The report discusses some key findings, including what consumers are willing to pay for, how they access content, the importance of security and customer service.
For this survey about the digital home, our first of a series of global Convergence monitor surveys, PricewaterhouseCoopers surveyed 8,000 of our employees in 17 countries. The report discusses some key findings, including what consumers are willing to pay for, how they access content, the importance of security and customer service.
Entertainment & Media businesses should do more to exploit their most valuable assets – intangible assets. Over the next few years market conditions will force them to take intangible assets out of the “too difficult” box and look much harder at ways in which they can be used to support greater volumes of lending or lending on better terms.
PricewaterhouseCoopers is pleased to present its quarterly Technology Forecast containing analysis on recent trends in IT, encouraging businesses to change their business methods as they are faced with a changing business environment.
The global publishing industry is going through a period of turmoil, as broadband penetration rises and new devices for delivering digital content arrive on the scene. Consumers are increasingly switching from traditional print media to digital media, although the manner in which they are making the transition varies with age, gender and nationality.
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In this edition we provide the following sections: Industry and market overview, M&A domestic and cross-border activity, Deal drivers, Financing deals. Measured by dollar volume, M&A activity in 2007 in Russia rose another 61% on 2006, registering an estimated $179 billion.
Deal making in the global metals sector soared to unprecedented levels during 2007 and is up 67% on the previous year, despite the impact of the credit crunch, says ‘Forging Ahead’, the latest study of mergers and acquisitions in the metals sector by PricewaterhouseCoopers.
The report provides an outlook on European real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues.
Throughout the next five years, the value of the controls-focused approach that has dominated internal audit is expected to diminish. As this occurs, internal audit leaders must redefine the function’s value proposition and adopt risk centric mindsets if they expect to remain key players in assurance and risk management.
This is the second in a series of global surveys aimed at understanding preferences and interest to buy and use various converged services. Enterprise mobility focuses on workforce use of mobile technologies and perceived demand for converged enterprise solutions in the near future.
With its theme of “Keeping the promise”, this issue includes articles on strategic alignment, tools for transformation, tackling complexity, and working in partnership. The “Perspectives” interview features Jon Fredrik Baksaas, CEO, Telenor.
Rresearch by PricewaterhouseCoopers suggests that about US$6 billion worth of automotive production will be transferred to Central and Eastern Europe over the next five years. The Czech Republic, Hungary, Poland, Romania, Slovakia and Slovenia will attract the bulk of this investment.
The second edition of “CEO Perspectives” from PricewaterhouseCoopers summarises the thoughts of 26 CEOs from the forest, paper & packaging sectors from Canada, US, South America, Europe, Russia, South East Asia, India and South Africa
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The annual Global Automotive Financial Review: An overview of industry, data, trends and financial reporting practices* 2007 edition provides automotive executives with an excellent synopsis of industry trends and one place to review disclosures, example abstracts from letters from the Chairmen, and financials.
New issue of the Human Dimension covers the following topics: PwC financial sector compensation survey 2007, Results of HR Benchmarking Survey 2007, Leadership as a Talent and its Development, Foreign Tax Credit — Theory and Practice, HR challenges for employers with secondees working outside the Russian Federation.
With the theme of Agile and Prepared, this issue includes articles on the effect of convergence on M&A whereas executing sound deals and learning the lessons of the dot-com frenzy will be key to success.
For this survey about the digital home, our first of a series of global Convergence monitor surveys, PwC surveyed 8,000 of our employees in 17 countries. The report discusses some key findings, including what consumers are willing to pay for, how they access content, the importance of security and customer service.
Paying taxes is a unique annual report from PwC and the World Bank, which facilitates the direct comparison of tax systems in 178 countries worldwide, and ranks each country according to the relative ease of paying taxes.
The most fundamental shift in the history of media usage is upon us. Consumers are empowered by new technology and distribution platforms to engage with media and advertising in new ways. They are interacting with content, not just taking it in.
The Outlook provides five-year market growth forecasts and analyses for the global entertainment & media market as well as the analyses of the main sectors of the entertainment & media industry in Russia, including TV, film industry, radio, publishing, the Internet etc.
As this survey underlines, even more deal activity is expected over the next 12 months in Russia’s financial services industry. PricewaterhouseCoopers believes that the anticipated increase in M&A activity warrants that market participants become more sophisticated along all steps of the deal continuum.
With the theme of sustainability, this issue includes articles on investing in the future via corporate social responsibility; the challenges involved with delivering mobile entertainment; long term strategic convergence planning; and attracting top talent.
The Russian insurance market consists of – despite the ongoing disappearance of insurers due to more regulatory rigor as well as slightly increased M&A activity over the last 12 months – still over 900 insurers. However, given the tremendous growth of the large and larger Russian insurance companies in recent years, the market is already fairly concentrated, which is reflected by the fact that the 10 largest insurers account for almost 50% of total written premiums.
The main reason for the development of the Russian banking system has been the constant growth of the Russian economy. However, in reality the Russian banking market has even greater growth potential. Although total bank assets in Russia have recently shown annual growth of close to 30% they currently represent just 45% of GDP. This figure compares with 74% in Poland, 117% in Czech Republic and 260% in Germany.
Regularly issued Law Flash Reports — overviews of the Russian legislation.
Welcome to the fourth edition of Media Insights from the Corporate Finance team at PricewaterhouseCoopers. As in previous years, we analyse the trends driving M&A activity in the European media sector. We also take time to review predictions from the last edition, and set out our thoughts for 2006 and beyond.
This report analyses the impact of convergence on the video content, communications, advertising, and audience measurement industries and provides a road map for companies seeking to engage the new media consumer. Our goals in this report are to inform and stimulate discussion among industry participants about the ways in which convergence will create and destroy value. This report takes an international view of markets where entertainment, communications, connectivity, and services are converging.
Paying taxes — The global picture, jointly published by PricewaterhouseCoopers (PwC) and The World Bank Group, looks at the relative ease of paying taxes in 175 countries worldwide.
The health systems of nations around the world may be unsustainable if unchanged over the next 15 years. Globally, healthcare is threatened by a confluence of powerful trends -- increasing demand, rising costs, uneven quality, misaligned incentives. If ignored, these trends will overwhelm health systems, creating massive financial burdens as well as health problems for current and future generations.
With a global circulation of over 18,000, PricewaterhouseCoopers' quarterly journal for telecom executives is regarded as a "must-read." Communications review showcases some of the best global practices and leading-edge thinking regarding management and financial issues in the communications industry. Articles are authored by partners in our communications industry practice.
This paper explores the main consequences of IFRS on the manner in which retail & consumer companies report their performance. These new standards represent more than a change in accounting principles; they affect the manner in which companies operate and are perceived by the market.This publication analyses the main challenges that emerge for retail & consumer and sets out ten key industry-specific IFRS transition issues that retail and consumer sector board members need to be aware of.
PricewaterhouseCoopers is the world’s leading provider of business advice to the retail and consumer sector. Globally, there are over 8,000 partners and professional staff who are dedicated to serving clients in our Retail & Consumer practice. Leading companies recognize the value we bring to the business equation.
Risks & Rewards — Forest, paper & packaging in Russia” as a publication addresses the state of the industry in Russia and reflects on the key considerations anyone thinking of investing in the sector there should make. We are launching the publication at the 11th Annual Adam Smith Institute conference “Pulp & Paper in Russia & CIS”, Vienna, 17–19 October. PricewaterhouseCoopers is a gold sponsor of the event.
It is with great pleasure that we publish the 5th edition of PricewaterhouseCoopers' annual regional research project. This year we have placed the spotlight on six major emerging economies, namely Argentina, Brazil, China, India, Poland and Russia in order to analyse the changing investment challenges and opportunities for retail & consumer companies.
Acting professionally. Doing business with integrity. Upholding our clients’ reputations as well as our own. Treating people and the environment with respect. Acting in a socially responsible manner. Working together and thinking about the way we work. Considering the ethical dimensionsof our actions. This is connected thinking, expressed in our Code of Conduct.
The project commissioned a second nationwide survey in May–June 2006 on the attitudes of accounting professionals, educators, regulators and professional associations to the introduction of IFRS in Russia. An in depth survey questionnaire developed by the project was used as the basis of the interviews that were conducted by the survey company ROMIR monitoring.