PwC faculty newsletter archive

Every six to eight weeks you will find new thought leadership, white papers, PwC publications, and technical updates highlighted in our faculty newsletter. As each new newsletter is posted, the prior month's newsletter is archived here for your reference.

  • March 2016

    Dear Educator,

    We hope you are all beginning to enjoy the signs of spring!

    Our March newsletter (accessed here or via the link below) opens with the news that Bob Moritz will be our new Global Chairman and introduces our new Extraordinary campaign. In addition, we are pleased to highlight our recent recognition by FORTUNE magazine and Military Times. We continue our focus on Women’s issues and diversity this month with Mike Fenlon’s blog on his experiences at the UN for International Women’s Day and our Moving Women with Purpose campaign. Learn how technology is shaping the audit, Mark Mendola shares why a career in tax is sexy and hear more about the State of the Internal Audit Profession. We also bring you the Quarter Close, Point of View and other PwC publications.


    Bob Moritz selected Global
    Chairman of PwC

    The PricewaterhouseCoopers International Network has selected Robert E. Moritz as its new chairman for a four-year term beginning on July 1, 2016.

    Mr. Moritz succeeds Dennis Nally, the current PwC global chairman, who will retire this June after a 42-year career with PwC. Mr. Nally served two terms in this position during a time of considerable growth and expansion, including the 2014 acquisition of consulting firm Booz & Company.

    Mr. Moritz’s successor as chairman of PwC US will be announced later this year, following an election process. To read the full press release, click here.


    PwC Launches the Extraordinary Campaign

    Our brand is defined by how we train and manage our people, what we do for our clients and communities, the company we keep and the messages we share through channels like advertising and thought leadership.

    This week we launched the second iteration of our firm-wide ad campaign, “The right people to get the extraordinary done.” The campaign features case studies that focus on how we’re helping our clients and communities address their most pressing challenges and opportunities. To read the stories and learn more, click here.


    PwC is one of FORTUNE’s “100 Best Companies to Work For”

    Earlier this month, FORTUNE released its “100 Best Companies to Work For” list. PwC is excited to share that we’ve been recognized for the 12th consecutive year as one of the “100 Best Companies to Work For.” This year, we are pleased to announce that our ranking moved up 21 places to #53 on the list. To see the list, click here. To see PwC upfront, click here and to watch the video, click here. To hear from Bob Moritz, click here.


    PwC is #4 on Military Times top Employer of Veterans

    We are proud to announce that Military Times ranked PwC as #4 on their “Best for Vets: Employer 2016 list”. Military Times invited companies to participate in a rigorous survey and then rated these companies based upon their responses to recruiting practices, company policies, and the organization’s culture. We are pleased to see recognition for the firm’s commitment to attracting, hiring, mentoring, and increasing the retainment of America's veterans & veteran spouses. Read more about it click here, and see the full list click here.


    Women at PwC: International Women’s Day

    On March 8 every year, International Women’s Day is celebrated across the globe to recognize and showcase the economic, political and social achievements of women. To help stimulate a broader conversation on gender diversity, we feel it’s vital that organizations focus on providing talented women with the opportunities and experiences they need to progress and grow throughout their careers. Today’s diversity disconnect must be addressed if international organizations are to utilize the full capabilities of their workforce, develop a succession pipeline that reflects the talent within their wider employee population, and reap the benefits that flow from having more diverse leadership.

    To realize these benefits, organizations must first understand the current trends in mobility, diversity and talent management, and the perspectives of female employees.

    Mike Fenlon had the opportunity to participate in activities on March 8th at the United Nations to continue the discussion from our Aspire to Lead program and our support of HeForShe. Click here to read his blog post on his experience. Keep an eye out next month for the playback recording of our February 17 Aspire to Lead webcast and supporting materials for activities on these critical topics. To learn more about Aspire, click here.


    Modern mobility: Moving Women with Purpose

    Join us Tuesday, April 5th from 10:00 to 11:00 AM EST for Modern Mobility webcast.

    Organizations across the world are using international mobility experiences to develop future leaders and advance the careers of key talent. Yet despite unprecedented demand, women currently only account for 20% of international assignees.

    Organizations across the world are using international mobility experiences to develop future leaders and advance the careers of key talent. Yet despite unprecedented demand, women currently only account for 20% of international assignees. To investigate such disconnects and help organisations address them, PwC has conducted research that brings together the views of 134 global mobility executives and 3,937 professionals from over 40 countries. We’re now publishing the findings in a new thought leadership paper, Modern mobility: Moving women with purpose. To register for the webcast, click here.

    To learn more, click here. To download the PDF, click here.


    Three Ways Technology is Shaping the #PwCAudit

    Companies across the business spectrum are undergoing transformation. Like innovators in other industries, auditors are investing in technology to redefine how work is done. But that’s only part of the story at PwC. Late last month, Bill Brennan wrote about how PwC leverages the use of new technological tools to access and analyze the vast stores of available data to help conduct an audit. You can read the full blog post here.

    For more insights on how PwC is simplifying the audit through technological innovation, click here, to download the full audit transformation publication click here, and to watch the video click here. Join the conversation on twitter with #PwCaudit


    Career in Tax

    What no one tells you about a career in tax When I tell people that my job—leading the largest group of professionals in the U.S. focused on the tax issues of companies and individuals—is sexy, I’m often met with eye-rolls. But, I can’t think of many other professions (International man of mystery? Astronaut? Finance minister?) that combine geopolitics, high stakes, rapidly changing terrain, and people skills with the irresistible allure of number crunching. The need for advisors to guide large, complex, often multinational organizations through the tax maze continues to grow rapidly. And why is tax so—yes, I’ll say it again—sexy these days? Learn from Mark Mendola, our US Tax Leader, here. To learn more about a career in Tax, click here.


    Election 2016: Private Companies Weigh In

    With primary season well underway, U.S. business leaders are keeping an eye on the 2016 elections. PwC’s recently released quarterly Trendsetter Barometer® survey asked the nation’s leading private companies about the impact of the upcoming elections on their businesses.

    Overall, almost a third (31 percent) of Trendsetter companies told us the 2016 elections will be either critical or very important to their company’s growth and business planning over the next several years, and roughly another third (37 percent) said the elections will be moderately important in these respects. However, only a few companies (11 percent) are delaying decisions to await the election’s outcome. As a senior vice president of one company told us, “As long as the economy keeps moving, it doesn’t matter much who wins.”

    That said, executives are listening carefully to what the political candidates are saying about election issues will impact their Trendsetter businesses. Read more here.


    State of the Internal Audit Profession

    Leadership matters: Advancing toward true north as stakeholders expect more

    Leadership matters and makes a difference in the minds of stakeholders. Internal audit functions that have very effective leadership perform better and add greater value to their businesses. Strong internal audit leaders build functions that excel at delivering value today while they evolve to stay current with emerging business needs and risks. For those reasons, PwC’s 2016 State of the Internal Audit Profession Study focuses on the characteristics that define standout leadership so that stakeholders can re-examine their expectations and internal audit leaders can reflect on their own leadership styles in order to achieve closer stakeholder alignment and better performance. To learn more, click here. To read the publication, click here.


    The Quarter Close: First Quarter 2016

    This edition of The quarter close focuses on timely accounting and reporting information that can help you prepare for first quarter reporting. We start by spotlighting a video on our Top 5 interim reporting reminders.

    The quarter close is just one way we help keep you up to speed on what you need to know each quarter. Whether you prefer the written word, audio webcasts and podcasts, or video clips, our offerings have you covered—all accessible from this page. To learn more, click here. To download the quarter close, click here.


    Point of View: Hedge Accounting, the case for change

    Companies commonly seek to reduce their exposure to changes in commodity prices, currency rates, or interest rates using derivatives. Many companies would like to hedge a specific portion of the overall risk in a contract, but hedge accounting for a component of an overall risk is permitted only in certain circumstances. The inability to hedge components more broadly may drive differences between how companies manage risk internally and how the current accounting model allows them to report it in the financial statements. In addition to this restriction, there are economic hedging relationships that do not qualify for hedge accounting at all, or qualify with some ineffectiveness recognized in earnings.

    We believe that closer alignment of the hedge accounting model to companies’ derivative risk management activities would result in financial statements that better reflect the economics of these activities. In addition, enhancements to existing rules regarding presentation could provide better transparency and more decision-useful information to stakeholders.

    The FASB is expected to propose changes that would address some of the differences between companies’ risk management strategies and the hedge accounting model. We support the FASB’s efforts in this regard.

    To learn more, click here or read our Point of view: Hedge accounting - The case for change.


    Creating a Strategy that Works

    The most farsighted enterprises have mastered five unconventional practices for building and using distinctive capabilities.

    Almost every business today faces major strategic challenges. The path to creating value is seldom clear. In an ongoing global survey of senior executives conducted by Strategy&, PwC’s strategy consulting business, more than half of the 4,400 respondents said they didn’t think they had a winning strategy. In another survey of more than 500 senior executives around the world, nine out of 10 conceded that they were missing major opportunities in the market. In the same survey, about 80 percent of those senior executives said that their overall strategy was not well understood, even within their own company. Read more on strategy + business here.


    Follow us on Twitter @PwC_US_Careers

    Follow us on Twitter for the latest news, articles and information @PwC_US_Careers.

    Download the Twitter app here and get started today.


    We hope you find this information useful. Please contact us if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • February 2016

    Dear Educator,

    We hope the winter months are treating you well. As February winds down, we look forward to Spring right around the corner.

    This month, we feature our Aspire to Lead webcast and hear from Mike Fenlon, as he discusses gender equality. We also share with you an articles on gender equality in the board room, diversity, our Challenge winners, and more information on our Student Loan Paydown benefit program. In addition, we share publications on pushdown accounting, government insights, “supercompetitors” and more. We also bring you webcasts on current accounting and reporting developments and the Tax Function of the Future, as well as new content from Strategy& and PwC’s strategy consulting practice.


    Recap: Aspire to Lead

    PwC's Series on Leadership and Gender Equality

    The Academy of Motion Picture Arts and Sciences hosted the event leading up to the Oscars®. Our event featured Award-winning actor Geena Davis, Co-Founder of the Bentonville Film Festival and Founder of the Geena Davis Institute on Gender in Media. Known as the Institute, it's the only research-based organization working within the media and entertainment industry to engage, educate, and influence the need to dramatically improve gender balance, reduce stereotyping and create diverse female characters in entertainment. Further, Davis and festival co-founder Trevor Drinkwater founded the Bentonville Film Festival (“BFF”) in 2015 to champion women and minorities in media. BFF’s mission is to encourage content creation in film and other forms of media that reflects the diverse — and half female — world we live in.

    The event opened with an inspirational keynote from Geena Davis on the empowerment and advancement of women. Michael Fenlon, PwC's Global Talent Leader, will then lead a panel discussion with Geena as well as Dawn Hudson, CEO of the Academy, Jennifer Yuh Nelson, Academy Award nominee and director, and Peter Yobo, Advisory Senior Associate from PwC's US business, to examine the parallels between gender portrayals in the media and the role of women in the workplace. Through the panel discussion, attendees received insights on how to leverage lessons learned from the business of Hollywood and bring their career to centre stage. As an Impact champion of HeForShe, we explored how everyone has a role to play in the movement towards gender equality.

    Look forward to a replay of the webcast in next month’s edition! In the meantime, to access last year’s Aspire to Lead webinar, click here. To access the 2014 webinar, click here.

    Read what Mike Fenlon has to say about gender equality here, and read what Peter Yobo, Advisory Senior Associate has to say about men advancing gender equality here.


    Women & the Boardroom

    Companies need to have the right talent in place in order to stay relevant and get ahead — from entry-level positions to the C-suite and the boardroom. One option to help promote more women in the workplace is through succession planning, especially on boards. But only 44% of directors “very much” agree that they’re spending sufficient time on director succession, according to PwC’s 2015 Annual Corporate Directors Survey. What will it take to change things? To hear more from Paula Loop, PwC’s Governance Insights Center Leader, click here.


    Making diversity a reality – spotlight on Financial Services

    Realising the power and potential of a changing workforce.

    Diversity in all its forms is a vital element of the changing talent focus within financial services. Boards wants diversity. Clients and employees expect it. But while progress is being made, there is more we want to do with regards to diversifying the financial services (FS) industry. And among the biggest obstacles we face are preferences and prejudices that people may not even be aware of, such as unconscious bias. To read the report, click here, and to hear thoughts from our Global FS HR Consulting Leader, Jon Terry, click here.


    PwC’s SLP Program One of Glassdoors’s 20 Top Benefits

    With nearly 3 in 5 (57%) people reporting benefits and perks being among their top considerations before accepting a job, some employers are raising the bar even higher when it comes to benefits and perks they offer to help attract talent. PwC's student loan repayment benefit has made Glassdoor's list of 20 Top Employee Benefits and Perks - benefits that go "beyond the basics". We are happy to help our younger people pay off student loans, so that they can make financial decisions without being encumbered by their loan commitments.

    Read about it on HR Drive here. Or, see the full list here. To learn more about PwC’s Student Loan Paydown benefit here.


    Challenge National Finals Winners

    We wrapped up the 2015 Challenge case competition with a virtual finals earlier this month! Here are the winners! To learn more about challenge, click here.


    CEO Survey

    Last month, we released our 19th Annual Global CEO Survey. The survey aims to inform and stimulate the debate on how businesses are facing today’s challenges. Over the years, thousands of CEOs around the world have taken the time to share their views with us.

    On February 18th, Shannon Schuyler of PwC and Jo Confino of Huffington Post hosted a live chat via twitter about using purpose to drive business. See the virtual chat here. To follow us on Twitter, click here. To hear more thoughts on purpose from Shannon Schuyler, click here.

    Also, see what else the media has to say about our CEO Survey on the following links: WSJ, Forbes, HuffPo and MSNBC’s Morning Joe. And see for yourself how CEOs stimulate innovation.


    Pushdown Accounting

    Pushdown accounting is now optional for companies that have been acquired in a business combination. PwC’s Jonathan Franklin discusses what it means and what to consider when deciding whether or not to apply pushdown accounting. Watch the video here. To read more, in depth, click here.


    Current Accounting & Reporting Developments Webcast

    PwC's National Professional Services Group invites you to attend the Q1 Current Accounting & Reporting Developments webcast designed to keep you informed about emerging accounting, regulatory, and market developments impacting financial reporting.

    Please join us on Wednesday, March 16 at 1:00pm ET for this 90-minute webcast featuring insights from a broad range of PwC specialists who will update you on current technical topics and emerging issues that may impact your business. To learn more, click here. To register, click here.


    Governance Insights Center

    We support you with the governance knowledge to answer tough questions and tackle complex challenges. Learn from our network of subject-matter experts, business leaders and experienced peers as they share their insights and latest thinking on current issues. Beyond governance, we help directors and investors alike better understand new financial accounting standards so they can make better oversight and investment decisions. You can count on us to help you connect all the dots for a more complete perspective—and step ahead with confidence. To learn more, click here.


    PwC on Business Resilience and Risk Insights

    Explore PwC’s in-depth insight on business resilience, an organisation’s capacity to anticipate and react to change and crisis, not only to survive, but also to evolve. You can also read short blog posts bringing you the best thinking on turning risk into an advantage. To read the Resilience Journal, click here, or to read the Resilience Blog, click here.


    Replay of webcast for Tax Function of the Future: Tax as a critical component in every Finance transformation effort

    Evolving your Tax Function for a new-era

    In order to meet today’s increased internal and external challenges, Finance departments are re-evaluating their operations, processes, technology and personnel in order to achieve transformation. In this paper, we discuss why it is critical for Tax to be an integral part of Finance transformation initiatives from the outset and explore how Finance and Tax functions, working in tandem and leveraging enterprise investments in technology and overall transformation synergies, will be the basis for a new-era Tax function. To learn more, click here. To watch the replay of the webcast, click here.


    The New “Supercompetitors”

    Since the mid-1990s, the source of competitive advantage has been shifting. Leading companies used to be diverse conglomerates that based their competitive strategy on assets, positions, and economies of scale. Today’s market leaders, by contrast, are more focused enterprises. They do not follow the traditional portfolio strategies of seeking short-term profitability or growth wherever they can find it. Rather, they recognize that value is created by their distinctive capabilities: what they can do consistently well. Their strategic approach, which is based on a single powerful value proposition backed up by a few mutually reinforcing capabilities, gives them a continuing advantage over their rivals. As they consolidate their efforts around this approach, they fundamentally reshape their industries.

    We call the companies that achieve this form of influence supercompetitors. A supercompetitor is a company that, by competing successfully with its distinctive capabilities, changes the dynamics of its business environment. A capability, in this context, is the ability to consistently deliver a specified outcome relevant to the business. This takes place through the right combination of processes, tools, knowledge, skills, and organization, generally developed across functional boundaries. Supercompetitors are emerging today because, in industry after industry, their few distinctive capabilities are both scalable and relevant, while other forms of competitive advantage, like sheer size, have decreased in importance. Read more here, and watch the video here.


    Creating a Strategy that Works

    Almost every business today faces major strategic challenges. The path to creating value is seldom clear. In an ongoing global survey of senior executives conducted by Strategy&, PwC’s strategy consulting business, more than half of the 4,400 respondents said they didn’t think they had a winning strategy. In another survey of more than 500 senior executives around the world, nine out of 10 conceded that they were missing major opportunities in the market. In the same survey, about 80 percent of those senior executives said that their overall strategy was not well understood, even within their own company.

    Based on new research, the book Strategy That Works reveals five practices for closing the strategy-to-execution gap used by today’s winning companies. Packed with tools executives can use for building these five practices into their organization, it is a powerful guide to connecting where enterprises aim to go and what they can accomplish. To read more, click here.

    To learn more about Strategy That Works, click here.


    Reinventing Enterprise Architecture in a Digital World

    The practice of Enterprise Architecture (EA) creates one enterprise view of the operating model—synchronizing stakeholders and creating an organizational blueprint that charts the future of the business and drives strategic decision-making around investments, priorities and M&A. As digital proliferation accelerates, EA is now far more valuable to organizations—and more difficult—than ever before. EA approaches need to adapt for a digital economy, and bridge the gap between business strategy and execution.

    Capabilities Architecture Planning (CAP) is an end-to-end EA framework that bridges the strategy-execution gap for large scale transformation efforts. The framework is particularly well-suited for a digital climate based on its cross-functional approach and agile development processes. Learn more here, or download the PDF here.


    Follow us on Twitter @PwC_US_Careers

    Follow us on Twitter for the latest news, articles and information @PwC_US_Careers.

    Download the Twitter app here and get started today.


    We hope you find this information useful. Please contact us if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • January 2016

    Dear Educator,

    Happy New Year! Welcome back to campus. We hope you had the opportunity to relax and recharge over the winter break.

    In this month’s newsletter, we feature a new study presented by our Corporate Responsibility team on the growing financial challenges that Millennials face and emphasize our SLP benefit program. We have included details regarding our Aspire to Lead event on February 17 as well as information on our commitment to military veterans. We also highlight some recent Strategy& publications. In addition, we recently released publications on our 2016 CEO Survey, Tax Policy for 2016, transformation in the audit experience, Health Industry trends, and more. Finally, we encourage you to follow us on Twitter and to hear the latest for our leaders and professionals.


    Millennials and Financial Literacy

    Millennials are exceptional in many ways. They are better educated than their predecessors, more ethnically diverse, and more economically active. Yet they confront greater difficulties— including economic uncertainty and student debt—than those who came before them. As a generation carrying new personal financial responsibility, it is critically important for Millennials to be on a path leading toward financial security. This report analyzes the financial characteristics of more than 5,500 Millennials and examines the factors that threaten their economic aspirations and security. The Global Financial Literacy Excellence Center at the George Washington University conducted this research with the support of PwC. Read the report here. To hear what our US Talent Leader, Mike Fenlon, has to say, click here.

    To learn more about our Student Loan Paydown benefit program, click here. Or, view the informational PDF below. To read more about our SLP benefit in the news, click here or here.

    Download PDF on PwC SLP Benefit here


    You are invited to join Aspire to Lead: PwC's Series on Leadership and Gender Equality

    We’re excited to announce the third global event in our Aspire to Lead series, which will take place live from the Academy of Motion Picture Arts and Sciences in Los Angeles on Wednesday, February 17 at 11:30 a.m. ET (8:30 a.m. PT).

    Throughout the years, our Aspire to lead webcast and programs have provided insights and learning on topics such as the transition from school to work and the confidence to lead. Our next webcast, “Take your career to center stage. Lessons from the business of Hollywood” will shine the spotlight on landing your next role and include insights and tips on how to best differentiate yourself and advance your career. We will include men in this dialogue as a part of our global sponsorship of the UN HeForShe initiative.

    This webcast is open to anyone! Register at pwc.to/aspireus.

    Live from Hollywood

    Panel members will include Dawn Hudson, CEO of the Academy, and Geena Davis, Award-winning actor, co-founder of the Bentonville Film Festival, and founder of the Geena Davis Institute on Gender in Media. Known as the Institute, is the only research-based organization working within the media and entertainment industry to dramatically improve gender balance, reduce stereotyping and create diverse female characters in entertainment.

    Peter Yobo, PwC Advisory Senior Associate in our Dallas office, will join Dawn, Geena and other prominent figures in a discussion moderated by Mike Fenlon, US Talent Leader.


    Transferring Military Experience into a Cybersecurity Career at PwC

    A unique opportunity for service members to join PwC’s Cybersecurity and Privacy team.

    Late last year, we announced PwC’s commitment to the military and veteran communities as well as brought you videos from our very own PwC veterans. In December, Recruiting Daily sat down with our US Veterans Advocacy and Recruiting leader, Chris Crace, to discuss the current state of veterans recruiting. To read more about the interview, click here.

    Career transitions can be challenging. Especially when moving from the military to the private sector. PwC understands the challenges that current and former military personnel and their families face. That’s why we’ve established programs that support our veterans, support active duty military personnel and their families. As a firm, we’re proud to share the same values and commitment to leadership that our veterans bring to PwC because in today’s marketplace we know it’s experience that counts. Hear what our Global Cybersecurity Leader has to say about our firm’s commitment to hiring military veterans here, and check out Fortune’s article regarding the Tech Talent Shortage here.

    To learn more about the Cybersecurity and Privacy team, click here. For the latest in Cybersecurity and Privacy news, click here.


    2016 CEO Survey

    Our 2016 US CEO Survey shows concerns over volatility and over-regulation are rising. Running a global business is poised to become even more complex. US CEOs plan for moderate expansion in the US in a global marketplace that’s upending plenty of assumptions about business growth, innovation and risk.

    Expect more M&A in 2016, and a deeper focus on the hard work to fortify the technology backbone of the business. Customers and partners are looking for companies who’ve got their act together on technology and people.

    With few CEOs expecting a burst of global economic growth in 2016, becoming a hub that grows and adapts to an expanding network of activity is how you win. This year, our top findings show how US CEOs are taking stock of 2016 for their business. The US CEO interview series, our biggest ever, explore the trends in detail. How are CEOs driving growth?

    We note ten findings for 2016 here. Read more about the survey here.


    A Strategist’s Guide to Blockchain

    The distributed ledger technology that started with bitcoin is rapidly becoming a crowdsourced system for verifying transactions of all types. Could it replace central banks, notary publics, and manual vote recounts? Read more here. To read the current issue of Strategy + Business, click here.


    Strategy that Works

    Based on new research, the book Strategy That Works reveals five practices for closing the strategy-to-execution gap used by today’s winning companies. Packed with tools executives can use for building these five practices into their organization, it is a powerful guide to connecting where enterprises aim to go and what they can accomplish. Read more here.


    Paying Taxes 2016

    Paying Taxes is a joint report by PwC and the World Bank Group. Now in its tenth edition it continues to be a unique study which investigates and compares tax regimes across 189 economies, ranking them according to the relative ease of paying taxes.

    This year we have also conducted a pilot project into post filing compliance which covers the processes that take place once a tax return has been filed, including the paying of tax refunds, tax audits and tax appeals. Some initial qualitative findings are included in this publication.

    The objectives of the study are to compare tax systems on a like-for-like basis, facilitate the benchmarking of tax systems within relevant economic and geographical groupings, which provides an opportunity to learn from peer group economies, analyse data and identify good tax practises and reforms, & generate robust tax data on 189 economies around the world, including how they have changed over time, which can be used to inform tax policy decisions. To learn more, click here.


    2016 Tax Policy Outlook Webcast

    Election-year politics are likely to dominate legislative action in 2016 as both parties seek to lay out policy agendas for 2017 and beyond, which would seem to dim prospects for legislation in 2016. However, Congress enacted several key pieces of legislation during 2015, despite divided government. Will the legislative successes of 2015, including the signing of a major December 'tax extender' bill and Paul Ryan's elevation to Speaker of the House, create momentum that can be carried over into enactment of additional meaningful legislation during 2016? Will the House or the Senate introduce further tax reform legislation setting the stage for 2017? To register for the Webcast, click here. To download the full Tax Policy Outlook, click here.


    10 Minutes on Transforming the Audit Experience

    Companies across the business spectrum are undergoing transformation. Like innovators in other industries, auditors are investing in technology to redefine how work is done. But that’s only part of the story at PwC. Learn more in this 10Minutes. Read more here. Or, download the app here.


    Top Health Industry Trends 2016

    In 2016, millions or American consumers will have their first video consults; be prescribed their first health apps and use their smartphones as diagnostic tools for the first time. 2016 also will be the year that many Americans, faced with higher deductibles, manage medical expenses with new tools and services rolled out by their insurance companies, healthcare providers, banks and other new entrants.

    This will be the year that, shift by shift, visit by visit, nurses doctors and other clinicians learn to work in new ways, incorporation insights gleaned from data analysis into their treatment plan.

    PwC’s Health Research Institute’s annual Top health industry issues report highlights the forces that are expected to have the most impact on the industry in the coming year, with a glance back at key trends from the past decade. Read more here.


    Spinoff Transactions

    Spin-off transactions continue to be popular because they can be financially rewarding for investors, and can improve the focus on individual businesses. Some management teams and corporate boards are finding that spinning a business into a stand-alone public entity can be a desirable move to capture shareholder value, as certain businesses may command higher valuations if owned and managed separately. Having a clear understanding of the many governance issues associated with a spin-off and starting early will smooth the transaction process. To read more, click here.


    In brief: Classification and measurement – FASB issues final standard

    On January 5, 2016, the FASB issued Accounting Standards Update 2016-01, Financial Instruments–Overall: Recognition and Measurement of Financial Assets and Financial Liabilities (the ASU). Changes to the current GAAP model primarily affects the accounting for equity investments, financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. In addition, the FASB clarified guidance related to the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale debt securities. The accounting for other financial instruments, such as loans, investments in debt securities, and financial liabilities is largely unchanged. The more significant amendments are summarized below. To read more, click here. To download the publication, click here.


    State Financial Position Index (SFPI) and competitiveness posture report

    While the subject of federal debt and deficits has been well-analyzed and debated, fiscal integrity and competitive posture at the state level has been largely overlooked. A study of state position and posture, however, reveals a number of success stories and in some cases, causes for serious concern. Many states are facing increasing challenges regarding how to reduce waste, constrain spending, improve performance, and maintain reasonable and competitive levels of taxation. In addition, some governments are experiencing serious competitiveness and financial challenges that are driven by a number of factors including: changes in the nature of the economy; outdated and inefficient organizational models and operating practices; unfunded retirement obligations; expanded welfare systems; excessive regulation; deteriorating infrastructure; and outdated tax systems. This paper presents a State Financial Position Index (SFPI) to help understand the nature and scope of the related challenges and to analyze commensurate responses. To read more, click here.

    Follow us on Twitter @PwC_US_Careers

    Follow us on Twitter for the latest news, articles and information @PwC_US_Careers.

    Download the Twitter app here and get started today.


    We hope you find this information useful. Please contact us if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • December 2015

    Dear Educator,

    Happy Holidays! As finals wrap up and the year comes to an end, we hope you have a chance to enjoy this time with family and friends.

    In this month’s edition, we highlight the CAQ’s event, #AuditorProud day. We also bring you more details on our recruiting initiatives like Donor’s Choose, Aspire, our Student Loan Paydown benefit, and our continued commitment to veterans. In addition, this month PwC was top ranked for Vault, Advertising Age and HRC. Other newsletter topics include publications on 2016 Outlooks, Q4 Quarter Close, Strategy&, preparing for new revenue standards and more. We also provide resources such as webcasts to join, the TAS to go App and Takes on Talent Innovation.


    #AuditorProud

    On December 10, 2015, the CAQ, its members, and partners including university groups, high school organizations, and others took to social media channels (such as Twitter, LinkedIn, Instagram, and Facebook) to show their Auditor Pride! This social media “blitz” provided an opportunity to highlight the benefits of a career in auditing and the important role auditors play in our capital markets. Participants shared stories of why they chose a career in auditing, what they love about the profession, and what makes them proud to be an auditor. The goal was to celebrate the important work auditors do, dispel myths and misperceptions about the profession, and invite students and others to learn more about what a career in auditing can offer. Attracting the best and brightest to the auditing profession benefits all with an interest in audit quality and high-functioning financial markets.

    Here what participants had to say here and to follow @PwC_LLP, click here.


    Student Loan Paydown Benefit

    Since announcing our student loan paydown program in September, we’ve been pleased to share news releases and articles about the program. Here are some new articles from this month:

    Every year, Consumer Reports reveals its reviews of companies practices and policies. This year, PwC made Consumer Report’s “Nice Lisbt” for our SLP benefit. Read the full report here.

    Now, a handful of other companies are beginning to follow suit. Read what Bloomberg Business News has to say here, and what Yahoo Finance has to say here.

    To learn more about PwC’s Student Loan Paydown benefit, click here.


    DonorsChoose.org Fall 2015 Re-cap: $100K to classrooms in need!

    This past Fall, PwC donated $100K to classroom projects around the country through DonorsChoose.org.  A crowdsourcing contest decided the monetary allocations by city and type of project funded.  US cities represented were those where there is a PwC office, and the types of projects were STEM or Financial Literacy based. 

    So, where is the money going?

    • WINNER: $30K to Financial Literacy projects in Hartford, CT
    • 2nd Place:  $20K to Financial Literacy projects in Indianapolis, IN
    • Runners-Up: $10K to STEM projects in San Antonio, TX; Detroit, MI; Atlanta, GA; New York, NY; & Tampa, FL.

    Congrats to the winning cities!  Thanks to your enthusiastic participation in our DonorsChoose.org contest, we made an enormous impact in classrooms around the country!

    To see more, click here.


    Aspire to Lead: The PwC women’s leadership series

    Take your career to centre stage. Lessons from the business of Hollywood.

    Wednesday 17 February 2016 at 16:30pm GMT / 11:30am ET / 8:30am PT

    We’re excited to announce our next global webcast in early 2016 broadcasting live from Hollywood, California!

    The Academy of Motion Picture Arts and Sciences will host the event leading up to the Oscars. Panel members will include Dawn Hudson, CEO of the Academy, and Academy Award®-winning actress Geena Davis, founder of the Geena Davis Institute on Gender in Media. Known as the Institute, it is the only research-based organization working within the media and entertainment industry to engage, educate, and influence the need to dramatically improve gender balance, reduce stereotyping and create diverse female characters in entertainment.

    During the webcast, Dawn and Geena will join other prominent figures to engage in a discussion moderated by Michael Fenlon, PwC Global Talent Leader. Attendees will receive insights and tips on how to best differentiate themselves, and achieve success in furthering their careers. In addition, participants will learn about PwC’s global development framework, which outlines leadership attributes for keeping ahead in our rapidly-changing world. We want to include men in this dialogue as a part of our global sponsorship of the UN HeForShe initiative.

    Join our live video-webcast which can be viewed from anywhere on 17 February 2015 at 16:30 GMT / 11:30am ET / 8:30am PT or via the replay. To learn more, visit pwc.com/aspire.


    Veteran Recruiting at PwC

    Over the past month we’ve released several videos featuring some of our firm’s veterans which you can view by clicking click here.

    PwC is committed to the veteran and military communities. PwC has received the Seven Seals Award and the Above and Beyond Award from the Employer Support of the Guard & Reserve (ESGR), and we've been recognized as one of the Top 100 Military Friendly Employers since 2011 by G.I. Jobs Magazine. PwC is also proud to be a corporate member in the Military Spouse Employment Partnership and has been recognized in the Top 50 Military Spouse Friendly Employers by GI Jobs since 2014. To learn more, click here.


    Vault Accounting Survey:

    PwC’s internship program Advance ranked #15 on Vault’s 50 Best Internships and Most Prestigious Companies to Intern For lists. What’s more, it placed #5 in Vault’s Best Accounting Internships and Best Consulting Internships rankings. Strategy& received the #8 spot in the Best Consulting Internships ranking.

    Experienced professionals and students look to Vault’s company rankings, ratings and reviews to get the inside scoop on what it’s really like to work in an industry, company or profession. Vault recently surveyed 5,800 current and former interns to rate their experience in five areas: quality of life; compensation & benefits; interview process; career development; and full-time employment prospects. The results reflect the highest-rated internship programs among more than 500 organizations that were invited to participate in the survey.


    Advertising Age Names PwC’s Experience Center One of the 10 Best Places to Work in Advertising & Media

    PwC’s Digital Services Experience Center has ranked #6 overall in Advertising Age’s 2015-2016 50 Best Places to Work in Advertising & Media survey, released November 16, 2015. PwC’s Digital Services Experience Center achieved its ranking based on criteria such as hiring practices, benefits packages, salaries, office perks, workplace environment and design. Over 20,000 people were surveyed as part of the selection process. To read more, click here. To download the November edition of Advertising Age, click here.


    Human Rights Campaign Lists PwC as one of the Best Places to Work 2016

    Each year, the HRC lists the best places to work for LGBT equality, based off of their Corporate Equality Index. This year, PwC made the list as one of the best places to work for “Consulting and Business Services”. See the full list here


    APEC CEO 2016 Outlook

    After a volatile summer, where is the Asia Pacific region leading us? PwC’s CEO Survey results.

    Just 28% of Asia Pacific CEOs are “very confident” in revenue growth in 2016. What’s on their minds? We surveyed 800 business leaders in the region to learn their concerns, their reasons for optimism, and the direction they are headed.

    Doing business in a region with multiple transitions is challenging: Business and factory modernization; the rise of the sharing economy; burgeoning demand for services just as industrial demand from China slows. They’re also aware of the geopolitical risks to the regional economic bonds that drive much opportunity. Learn more here.


    CFO Direct Podcast Series

    PwC professionals share perspectives on today's key regulatory, accounting and financial reporting developments. Providing insight using plain English to help you stay current in a rapidly changing business world. Busy financial executives can listen to episodes at their convenience via desktop computer or smartphone.

    To learn more, visit here.


    The Quarter Close: Q4 2015

    This Q4 edition of The quarter close brings you the latest accounting and regulatory hot topics that you need to know for your year-end close, as well as what should be on your radar for Q1 2016. This quarter we discuss how to account for payments you make to customers, the FASB’s new guidance on classification of deferred taxes and measurement period adjustments, themes from 2015 SEC comment letters, an overview of the EITF’s forthcoming proposal to change cash flow classification of certain transactions, insights from our 2015 Annual Corporate Directors Survey and more. To learn more about Q4 Quarter Close and view video perspectives, click here. To read the publication, click here.

    PwC Deals Practice Webcast Series: Year-end Deals Outlook 2016

    Friday December 18th, 1:00PM to 2:00PM

    In today’s deal environment, value creation is a focus more important than ever with greater disparity in the competition for deals and the pace at which deals are completed. To help you understand risk and identify opportunities to capture value at the deal table and beyond, we invite you to join us for our ongoing webcast discussions about deal considerations.

    Join us on December 18th to review the current state of the deal market in the US, the trends impacting dealmaking, what we envision the landscape could look like in 2016, and key considerations for successfully executing your deal. To register, click here. To view past webcasts, click here.


    Strategy& 20 Questions for Business Leaders

    What’s the most important idea to emerge from centuries of management thinking? What’s the most pressing challenge for business leaders today? And what links the two?

    It turns out that the entire history  of management ideas can be seen  as a series of answers to a few pragmatic, and timeless, queries —  20 of them, in fact. In honor of the 20th anniversary of the founding of strategy+business magazine, the editors set out to catalog the  milestones of management thinking. We collaborated with several prominent thought leaders to create a comprehensive inventory of ideas and to shape the results into this concise guide. Although the  answers may change over time,  the questions facing business leaders remain the same. To read the publication, click here.


    Tax function of the Future

    Actionable, data-driven insights can lead to extraordinary results

    Tax functions are facing increasing pressure to remain compliant in a world of challenging data collection and manual processes, leaving tax little time to focus on strategic planning. Additionally, heightened expectations of internal and external stakeholders mean that companies need to become more agile in order to quickly respond to market changes and disruption.

    This piece examines how streamlining the data collection and management process can enable the tax function to shift its focus from gathering data to analysis and adding the value needed to participate more strategically within the organization.

    To learn more, click here.


    Boards Taking Longer-Term View of Risk Oversight

    Board member views on strategy and risk oversight have shifted to a longer-term orientation with emphasis on evaluating macro-trends as part of their strategic review, according to PwC’s 2015 Annual Corporate Directors Survey. But the survey points to growing pressure among board members to balance longer-term strategic planning and investment with the need to meet short-term investor expectations. Hear from our Leader of PwC's Center for Board Governance and Investor Resource Institute, Paula Loop, here.


    Point of View: Preparing for the new revenue standard

    The 2018 effective date for the new revenue standard may seem far away, but businesses can’t change systems, processes, and controls overnight. Therefore, the implementation effort should not be underestimated. While some companies have begun their analysis, others continue to delay their implementation, perhaps because of proposed clarifications to the standard or in hopes of further deferral. Still others have completed a high-level assessment, but have not taken the next step. Read more here.


    TAS to Go

    Tax Accounting Services to Go (TAS to Go) is a mobile application designed to bring you PwC thought leadership articles that impact income tax accounting and reporting. In addition to the interpretive US GAAP accounting guidance found in our industry leading, “Guide to Accounting for Income Taxes”, we have also included content from our other thought leadership publications including Tax Accounting Insights, Tax Accounting NewsAlerts, PwC’s Global Tax Accounting Newsletter, Year-End Hot Topics, Datalines, and SEC Comment Letters. We hope you find TAS to Go to be a useful tool to assist you in navigating the complex world of accounting for income taxes. To download the app, click here.


    Fast Takes on Talent Innovation

    Our world is changing fast. To stay ahead, organizations are innovating at warp speed. But, for most of them, business innovation continues to dramatically outpace talent innovation. According to PwC’s 2015 US CEO survey, eight out of ten CEOs are concerned that a lack of key skills threatens their organization’s growth prospects.

    Our series of Fast Takes on Talent Innovations examines the critical role each element of the talent ecosystem plays within an organization – and offers PwC’s insights on how today’s business leaders can reinvent their talent strategies to compete and win.

    To sign up for Fast Takes on Talent Innovation, click here.


    We hope you find this information useful. Please contact us if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • November 2015

    Dear Educator,

    The holidays are right around the corner! During this time of Thanksgiving, we hope you have time to relax and be with family and friends.

    In this edition we highlight Mike Fenlon’s recent comments on our Student Loan Paydown benefit. Other newsletter topics include discussion regarding PwC’s commitment to veterans, opportunities for your students in Tax, and our upcoming Aspire to Lead event on February 17. We also bring you several new publications impacting all lines of service, including the evolution of auditors, digital IQ, building trust using data, and more. In addition, we provide tools such as our Podcast series and our guide to tax and wealth management.


    Student Loan Paydown Program

    We know that student loan debt is a major societal issue and can create a significant financial burden for students as they launch their careers. Recent college graduates on average owe more than $35,000 and will take up to 21 years to pay off their loans. This news is especially troubling for minorities whose student loan debt is disproportionately steeper.

    PwC’s Student Loan Pay-down (SLP) program can make a difference and helps address this challenge. Under SLP, participating associates and senior associates will receive $1,200 a year towards their student loans for up to six years or until their promotion to manager (whichever comes first). It has the potential to reduce their student loan principal and interest obligation by as much as $10,000 and shorten their loan payoff period by up to three years.

    Student loan debt is an issue at the heart of PwC’s Purpose: to build trust in society and solve important problems. We’re proud to be one of the first in the industry to offer assistance with this type of benefit, which goes into effect for eligible PwC staff in summer 2016. To learn more about SLP, please see our press release and hear what our Deputy US Human Capital Leader, Mike Fenlon, has to say on his blog.


    Aspire to Lead: The PwC women’s leadership series

    Take your career to centre stage. Lessons from the business of Hollywood.
    Wednesday 17 February 2016 at 16:30pm GMT / 11:30am ET / 8:30am PT

    As a leading professional services firm and employer, PwC has a unique role to play in the advancement of women as leaders. Since our premier Aspire to Lead webcast, PwC continues to engage students, clients, PwC staff and their families and friends from around the world in a dialogue on women in leadership. Throughout the years, we’ve received tremendous feedback. Ninety-four percent of participants say they are inspired to embrace their ambitions and pursue their goals as result of these webcasts.

    We’re excited to announce our next global webcast in early 2016 broadcasting live from Hollywood, California!

    The Academy of Motion Picture Arts and Sciences will host the event leading up to the Oscars. Panel members will include Dawn Hudson, CEO of the Academy, and Academy Award®-winning actress Geena Davis, founder of the Geena Davis Institute on Gender in Media. Known as the Institute, it is the only research-based organization working within the media and entertainment industry to engage, educate, and influence the need to dramatically improve gender balance, reduce stereotyping and create diverse female characters in entertainment.

    During the webcast, Dawn and Geena will join other prominent figures to engage in a discussion moderated by Michael Fenlon, PwC Global Talent Leader. Attendees will receive insights and tips on how to best differentiate themselves, and achieve success in furthering their careers. In addition, participants will learn about PwC’s global development framework, which outlines leadership attributesfor keeping ahead in our rapidly-changing world. We want to include men in this dialogue as a part of our global sponsorship of the UN HeForShe initiative.

    Join our live video-webcast which can be viewed from anywhere on 17 February 2015 at 16:30 GMT / 11:30am ET / 8:30am PT or via the replay. To learn more, visit pwc.com/aspire.


     

    PwC Top 100 Military employer: announces Veterans Advocacy and Recruiting Leader

    We are very pleased to be recognized once again as a Top 100 Military Friendly Employer.  Last week, The PwC Charitable Foundation, Inc. announced a new grant to support veterans with a $1 million commitment to the Four Block Foundation, non-profit organization helping veterans find meaningful careers through transition support, rehabilitation services, and professional development. This announcement coincides with PwC US naming a Veterans Advocacy and Recruiting Leader. Chris Crace, a former Marine Corps Captain, will lead PwC’s national veterans’ advocacy strategy and talent acquisition activities across the firm.

    To view the press release, click here. To hear stories from our firm’s veterans, click here.


    Opportunities in Tax

    PwC's Tax practice is the #1 Tax practice in the US in terms of revenue and growth. We offer a significant number of career opportunities to students entering the profession, and we are poised to continue our strong growth trajectory in the coming years.

    Why PwC Tax?

    • PwC Tax provides opportunities for associates to have a diverse work experience across multiple tax technical areas and industries. Ongoing insight from coaches, leaders, and human capital provides support for an open dialogue on interests and diverse career paths.
    • We challenge ourselves to innovate. We want to create a culture where we incubate ideas, where we think boldly, and where we challenge the expected. PwC Tax regularly hosts competitions to create a “think tank” environment to generate ideas to evolve our practice.
    • We invest in Tax technology, and it’s creating new opportunities for our firm, our clients, and our people. It’s about working smarter, and using innovation and technology to make that happen.
    • We encourage our people, at all levels, to work with their peers at clients and across the firm to bring a variety of perspectives to our work. Client connectivity includes associates and provides opportunities to identify and pursue business development earlier in their careers.

    Students can find more information at www.pwc.com/campus (What we do / Tax).


    STEM Recruiting Educational Resource:

    We know that today's auditors must embrace new technology-driven skillsets, and accelerate the pace at which other "expected" skillsets are developed. Certain skills-such as business acumen, critical thinking, and understanding market trends-have always been expected of more senior auditors. However, the marriage of technology and auditing, as well as the evolving structure of the audit team, makes developing these skills to a greater extent earlier in an auditor's career more important. It will be important for certain of these skillsets to be integrated into college and graduate school curricula so that accounting graduates can hit the ground running in their new jobs.

    In the most recent edition of Point of View, PwC addresses the need to evolve these skillsets and how to help the next generation of auditors be successful.

    We encourage you to use this publication as an educational resource to support our STEM recruiting efforts. To read Point of View "The evolution of auditors - how skillsets are changing", click here. To access more STEM resources, click here.


    PwC Young Workers Index:

    The global financial crisis and the subsequent prolonged periods of recession with sluggish growth led to a sharp rise in youth unemployment rates in many developed economies, but performance has varied considerably across countries.

    To get a handle on these variations we have compiled a new Young Workers Index that captures a broad range of indicators relating to the participation of young people in employment, education and training for 34 OECD countries over the period since 2006. Switzerland, Germany and Austria come out top of these rankings for 2014.

    We also estimate how much other OECD countries could boost their economies if they could match levels of performance in Germany, as well as considering how governments and businesses can work together to achieve these gains. Across the OECD, we estimate the potential long-term boost to GDP from such efforts at over $1 trillion, while for the UK the potential gain could be around £55 billion (3% of GDP).

    To read our report and watch our video, click here.


    Retail and Consumer 2015 Holiday Outlook:

    PwC ’s 2015 Holiday Outlook offers a view into consumers’ mindset and likely shopping behaviors over the next few months, as well as into the expectations and planning strategies of retailers and manufacturers. Our national survey of 2,000-plus consumers as well as 230 retailers and manufacturers provides insights about: shoppers’ purchasing decisions, the factors driving those decisions, and current shopping channel trends. In this report, we analyze consumer-reported data— and overlay the findings with additional PwC research and analysis—to uncover key insights and implications for retailers and manufacturers.

    To learn more, visit here.


    2015 Global Digital IQ Survey: Are you a Digital IQ Leader?

    Since 2007, our Digital IQ® Survey has asked one simple question: What actions can leaders take to ensure their digital investments deliver and sustain value?

    To get to the answer, we studied the behavior and corporate performance of nearly 2,000 executives, drawn evenly from the technology and business sides of global organisations.

    We analysed more than 25 attributes, spanning strategy, innovation, and execution to isolate the 10 attributes that correlate with stronger financial performance.

    Download the full report here.


    2015 Revenue Recognition Survey: Assessing Impact and Implementation

    To better understand where organizations stand with their implementation of the new revenue recognition standard and the expected impacts and issues, PwC and Financial Executives Research Foundation (FERF) collaborated for the second year on a revenue recognition implementation survey.

    Conducted during the summer of 2015, our survey explored executives’ perspectives on key considerations for companies implementing the new standard, from adoption method and overall readiness to accounting policy decisions, systems, controls, and process changes.

    To read more, click here.


    CFO Direct Podcast Series

    PwC professionals share perspectives on today's key regulatory, accounting and financial reporting developments. Providing insight using plain English to help you stay current in a rapidly changing business world. Busy financial executives can listen to episodes at their convenience via desktop computer or smartphone.

    To learn more, visit here.


    Managing your wealth: Guide to tax and wealth management

    PwC’s 2016 year-end guide to tax and wealth management offers guidance for strategic tax planning, managing your portfolio, charitable giving, estate and gift planning, business succession planning and other topics.

    To read more, click here.


    The 2015 Global Innovation 1000: Innovation’s new world order

    This year, Strategy&, PwC's strategy consulting business, examined the R&D footprint of some of the world's top companies to understand how much they are spending on R&D, where and how that spend has shifted since our last study on this topic in 2008. We found that the globalization of R&D has become the norm and that the flow of R&D funds is shifting away from Europe and aggressively moving towards Asia. The Global Innovation 1000 studies of the past have long confirmed its not how much you spend, but how you spend it and now it is also where you spend it that determines your success.

    To learn more, visit here.


    Assurance: Building trust amid transformation

    Our Assurance practice plays a key role in delivering against our network purpose – ‘To build trust in society and solve important problems.’ This year, rebuilding public trust has remained a priority for many organisations. But we’ve found they’re also facing a new conflict: that as they innovate and grow in new and increasingly competitive markets, trust is being further eroded.

    Watch Richard Sexton, PwC Vice Chairman, Global Assurance,  talk about how PwC helps companies use data to build trust here.

    Do you want to know more about our Assurance practice? Have a look at our case studies or download the complete Assurance section in our Global Annual Review.


    We hope you find this information useful. Please contact us if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • October 2015

    Dear Educator:

    Campus recruiting season is in full swing and our recruiting teams have enjoyed seeing many of you on campus over the past few weeks.

    Mark your calendar for our third Aspire to Lead event scheduled for February 17.  We'll share more details next month. To learn more about the program and watch last year’s webcast, click here.

    In our October newsletter, we follow up last month’s announcement with more information on our Student Loan Pay-down program.  We highlight the importance of STEM to PwC and some of our current initiatives including our efforts with veterans and the military community and our DonorsChoose activities. With this, we invite you to participate in our Tax Function of the Future webcast held on Tuesday, November 17th at 12:00pm. We are also sharing several resources including our Global Annual Review, the Quarter Close Q3 2015, an update on regulatory and standard-setting, and the new standard on revenue.  We have included as well several tools to give you ready access to current information including our On Demand Library of CPE eligible webcasts, our 365 App and our BoardRoom Direct newsletter.


    PwC Student Loan Pay-down

    We know that student loan debt is a major societal issue and can create a significant financial burden for students as they launch their careers. PwC’s Student Loan Pay-down (SLP) program can make a difference and helps address a challenge experienced disproportionately by those in certain minority and economic groups.

    This benefit also aligns with our corporate responsibility position as a leader in advancing financial literacy across the US. Our Earn Your Future (EYF) commitment of $190 million over five years includes curriculum development, teacher training and research. Read our EYF Fact Sheet or our latest CR Report for more information.

    Under SLP, participating associates and senior associates will receive $1,200 a year towards their student loans for up to six years or until their promotion to manager (whichever comes first). It has the potential to reduce their student loan principal and interest obligation by as much as $10,000 and shorten their loan payoff period by up to three years.

    Student loan debt is an issue at the heart of PwC’s Purpose: to build trust in society and solve important problems. We’re proud to be one of the first in the industry to offer assistance with this type of benefit, which goes into effect for eligible PwC staff in summer 2016. To learn more about SLP, please see our press release and what our US Chairman and Senior Partner, Bob Moritz, has to say on LinkedIn.

    CBS also featured our SLP program on This Morning Saturday. To watch the clip, click here.

    Also, educational disparities lead to wealth disparities – and when it comes to student debt, it’s not a level playing field. Read more on Shannon Schuyler’s Blog (PwC's Corporate Responsibility Leader).


    Why STEM Is Important To PwC

    Helping students develop fundamental STEM-related skills is critical to the health and competitiveness of our economy. The critical thinking, analytical skills and foresight that follow a STEM education not only help students with important life decisions, but they also better prepare students to handle future job demands. Yet more than half of U.S. CEOs point to the lack of availability of key skills as a potential threat to growth in 2013, according to PwC's 16th annual Global CEO Survey. Today's students are tomorrow's leaders—businesses, educators and communities must come together to provide solutions and help introduce STEM-related courses to students at an early age, and with greater frequency.

    In order to keep up with the fast pace of change, we need people who have the right background and skill sets to meet the expectations of our clients and the industry. A STEM background delivers critical thinking and quantitative skills that create value for our clients.

    Read more about our STEM initiatives here.


    Tax Function of the Future: Unlocking the Power of Data and Analytics

    Tax functions are facing increasing pressure to remain compliant in a world of challenging data collection and manual processes, leaving tax with little time to focus on strategic planning. Additionally, heightened expectations of internal and external stakeholders mean that companies need to become more agile in order to respond quickly to market changes.

    However, organizations cannot make fully informed business decisions if they are struggling to locate, validate, and manipulate tax data. To become more efficient and create greater value for the broader business, tax functions need to take a closer look at the data they collect, the technology and processes they use and rethink their approach to tax data management.

    PwC invites you to participate in a webcast on Tuesday, November 17 from 12:00 - 1:00 PM (ET). Our Tax Reporting & Strategy specialists Michael Shehab, Todd Bixby, Jeff Lower, and Kathy Nicholson will discuss how streamlining the data collection and management process enables the tax function to shift its focus from gathering data to analyzing data to participate more strategically within the organization. To register, click here.

    We hope that you will join us for this timely discussion. Webcast attendees will be eligible for 1.0 hour of Continuing Professional Education credit in Taxes.


    Leaders Serve Here: Veterans at PwC

    The PwC purpose is fundamental to the services and activities we provide, and is a testament to the quality of the talented leaders we have at every level within the firm. Teamwork, loyalty, adaptability are all qualities valued in the PwC professional; they are also ingrained in those who have served in the military. This is one of the reasons why veterans and active service members are a good fit for our culture.

    PwC is committed to the veteran and military communities. PwC has received the Seven Seals Award and the Above and Beyond Award from the Employer Support of the Guard & Reserve (ESGR), and we've been recognized as one of the Top 100 Military Friendly Employers since 2011 by G.I. Jobs Magazine. PwC is also proud to be a corporate member in the Military Spouse Employment Partnership and has been recognized in the Top 50 Military Spouse Friendly Employers by GI Jobs since 2014.

    To learn more, click here.


    Reminder to VOTE to help a classroom in your city! PwC gives back through DonorsChoose.org

    PwC is focused on youth education, especially in the areas of financial literacy and STEM.  That's why we're donating $100k to classrooms in need through DonorsChoose.org this fall.

    Founded in 2000, DonorsChoose.org makes it easy for anyone to help a classroom in need.  At this nonprofit website, teachers at half of all the public schools in America have created project requests, and more than a million people have donated $332 million to projects that inspire them. All told, 14 million students—most from low-income communities, and many in disaster-stricken areas—have received books, art supplies, field trips, technology, and other resources that they need to learn.  Visit DonorsChoose.org to learn more.

    How will PwC decide what projects to fund with this $100K?  By asking people to vote for their favorite city and the type of project!  Our voters select their favorite city where a PwC office is located and choose which type of classroom project to fund between Financial Literacy, Science, Technology, Engineering and Mathematics (STEM).  The location with the most votes will have $30k donated to classrooms around their city. The location with the 2nd most votes will have $20k donated to classrooms in their city and 5 runner up cities will have $10k donated to classrooms.

    We need your help to encourage students to vote. Voting closes at the end of this month.


    Shaping our Future: An insight into our 2015 Global Annual Review:

    The 2015 Global Annual Review highlights our performance and our commitment to our people, clients and the communities in which we operate. It looks at our FY15 and addresses key issues facing our stakeholders in the year ahead. Our network leaders also highlight four megatrend collisions that they believe will have major business consequences. Chapters include an interview with our Chairman Dennis Nally, key network policies and standards, our work in global communities and more. To download a copy to read, click here. For a quick, 60 second overview, click here.


    The Quarter Close - Q3 2015

    The Q3 edition of The Quarter Close brings you the latest accounting, regulatory and governance topics. This quarter discusses new challenges for cloud computing, the way scammers’ are reaching surprisingly high rates of success, tips for attacking new global tax rules, the FASB’s proposal to simplify debt classification, regulatory proposals aimed at auditor oversight and transparency, and more. To read more, click here.


    Regulatory and Standard-Setting Developments

    This publication provides a summary of activities of the PCAOB, SEC, and FASB, as well as related international developments that may be of interest to audit committees and companies. Included inside, the FASB section highlights new proposed and final amendments to the revenue standard, an update from the SEC, developments at the PCAOB, an update on inspections in China and personnel change, as well as the first country to make Secretarial audits mandatory.

    To read more, click here.


    Emerging Trends in Real Estate: The outlook for 2016

    Our forecast gives a heads-up on where to invest, which sectors and markets offer the best prospects, and trends in the capital markets that will affect real estate.

    Now in its 37th year, Emerging Trends in Real Estate® is one of the oldest, most highly regarded annual industry outlook for the real estate and land use industry. It includes interviews and survey responses from hundreds of leading real estate experts, including investors, developers, property company representatives, lenders, brokers and consultants.


    Update on IFRS 15: Revenue recognition

    PwC's Paul Feetham provides an update on the new revenue standard and the impact of the one year deferral. Watch the video here.


    On Demand Library of CPE Eligible Webcasts

    We've taken the following live PwC webcasts and provided them as on-demand CPE-eligible programs. For additional on-demand offerings, visit PwC Open University.

    To learn more, click here.


    365 App - Download Today

    365 is PwC’s award-winning app that brings the best of our people, ideas and insights right to your fingertips, every day. So what are the big ideas you need to know to stay on top of business news and research? This app, available for the iPad and iPhone, gives users customized access to PwC’s Center for Board Governance analyses and insights as well as subject matter experts from across all of the firm’s practices and industry sectors. Download the 365 App.


    PwC’s Annual Corporate Directors Survey

    Governing for the long term: how boards are adapting to change and reorienting their governance approach. What’s causing change in the boardroom? New technologies, activist investors, increased competition for talent, investor calls for direct dialogue, and changing risks related to strategic goals. How do boards stay oriented towards long-term shareholder value while balancing shareholder focus on short-term performance? Download the full report, chart pack, and segment reports here.


    Subscribe to Boardroom Direct

    Given the significant changes in regulations and corporate governance, continuing education programs are important components of board or audit committee effectiveness. These programs can help directors further understand their roles and develop the technical knowledge needed to discharge their responsibilities effectively.

    PwC offers a number of educational programs and participates in a number of third-party events for boards and audit committee members. Download the Director Education brochure and for a listing of events, click here.

    Also, to sign up for Boardroom Direct today, click here.


    We hope you find this information useful. If we can be of assistance to you, please contact us at pwc.university.relations@us.pwc.com.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • Fall 2015

    Dear Educator:

    Welcome back to campus! Summer has officially come to an end and Fall is now in full motion. As the school year gets off to a new start, we would like to draw your attention to many exciting things happening in and around the firm.

    This month, we highlight several recent recognition announcements including our Universum ranking as the number one employer of choice globally and our ranking as the number one professional services network of firms globally and the number one accounting firm by Vault. We were also recognized as a winner for Glassdoor’s Candidates’ Choice Awards and we are included once again in Working Mother Media’s “100 Best Companies” Top 10 List.

    PwC is proud to announce our Student Loan Pay-down Benefit Program to address the societal issue of student loan debt and to ease the financial burden on eligible PwC staff.

    We are pleased to share our extended commitment to our Earn Your Future financial literacy program. We also want to point your attention to our DonorsChoose program and get your help to encourage students vote!

    PwC diversity initiatives are working to foster relations across racial and gender boundaries. Earlier this year, PwC continued to embrace the diversity of our people and help them work across differences by joining UN Women’s HeForShe movement and by hosting a live PwC Talks: Being color brave with Mellody Hobson webcast. You may also find of interest our acclaimed Parental Leave policy and our focus on Paternity Leave.

    Want to know what is happening within the firm? We are making a switch to Google. Learn more about our collaboration and why we chose Google.

    Finally, interested in our Technology Forecast or the Emerging Technology blog? Looking for a Tax or Assurance Update? Take a look at our webcast “Tax Function of the Future”. Or, see how we are “Simplifying the Audit through Innovation”.


    Universum 2015

    240,000 students around the world have ranked PwC the number one professional services network of firms globally, and the second most attractive employer for business students, after Google, in the Universum 'World's Most Attractive Employer' annual ranking for 2015.

    PwC is a number one employer of choice. The World’s Most Attractive Employer ranking is compiled from Universum’s national student surveys from the world’s twelve largest economies. Students share information about employers they perceive as being ideal, and what they are looking for in their future careers. We encourage you to check out the rankings here.


    PwC recognized as Glassdoor Candidates’ Choice Awards Winner

    PwC was recognized as a winner of Glassdoor's inaugural Candidates’ Choice Awards, recognizing employers with the best interview experience, according to those who know it best – the job candidates.

    Based solely on feedback shared by job candidates on Glassdoor over the past year, PwC was rated highest in our industry and recognized alongside winners in 45 other industries.

    Click here to see the ranking.


    Did you know we are ranked #1 for tax accounting by Vault.com?

    In addition to being ranked #1 for tax accounting, our firm was ranked the #1 Best Accounting firm and #1 in Overall Prestige by Vault for 2016!  We also took first place for diversity, green initiatives, and hiring processes, and scored in the top three for benefits, firm leadership, training, mobility, business outlook and philanthropy. To top it off, our survey results improved across the board in every category.  To see the survey results, click here.


    Mom knows best:

    PwC is proud to make Working Mother Media’s 2015 “100 Best Companies” Top 10 list once again. Los Angeles Assurance Partner Tracee Jones is among the firm’s many moms who successfully juggle career and family. Click here to learn more.


    PwC Announces Student Loan Pay-Down Benefit Program:

    The Student Loan Paydown (SLP) Benefit is designed to address the societal issue of student loan debt and ease the financial burden on eligible PwC staff.

    Under the benefit, eligible associates and senior associates will each receive $1,200 a year towards their student loans for up to six years. This benefit has the potential to reduce their student loan principal and interest obligation by as much as $10,000, and shorten their loan payoff period by up to three years.

    Student loan debt is an issue at the heart of PwC’s Purpose: to build trust in society and solve important problems. It also helps address a challenge experienced disproportionately by those in certain racial and economic groups, and aligns with our Corporate Responsibility position as a leader around financial literacy. PwC is among the first in the industry to offer this type of benefit.

    We are pleased to add this program to the wide range of benefits we offer as part of our Total Rewards package. We hope that every PwC staff member will find valuable programs that are beneficial to them personally and that all will appreciate the significance of our Firm getting actively involved in addressing this important societal issue.

    To hear from our Chairman and Senior Partner, Bob Moritz, on this topic, we encourage you to read his blog. Click here to view our Press Release on the program.


    PwC and Financial Literacy

    In 2012, PwC launched Earn Your Future (EYF), a five-year, $160 million commitment focused on helping students develop critical financial skills and providing educators with the resources and training to teach those skills. In April 2015, PwC extended EYF by $30 million, increasing its overall commitment to $190 million. This added investment supports new research, expanded professional development opportunities for educators and gives greater reach to organizations that are revolutionizing the field of financial education. We aim to play a transformative role by reaching more than 2.5 million students and educators through these efforts. To learn more about PwC's commitment to financial literacy, visit pwc.com/eyf.


    VOTE to help a classroom in your city! PwC gives back through DonorsChoose.org

    PwC is focused on youth education, especially in the areas of financial literacy and STEM. That's why we're donating $100k to classrooms in need through DonorsChoose.org this fall.

    Founded in 2000, DonorsChoose.org makes it easy for anyone to help a classroom in need. At this nonprofit website, teachers at half of all the public schools in America have created project requests, and more than a million people have donated $332 million to projects that inspire them. All told, 14 million students—most from low-income communities, and many in disaster-stricken areas—have received books, art supplies, field trips, technology, and other resources that they need to learn. Visit DonorsChoose.org to learn more.

    How will PwC decide what projects to fund with this $100K? By asking people to vote for their favorite city and the type of project! Our voters select their favorite city where a PwC office is located and choose which type of classroom project to fund between Financial Literacy, Science, Technology, Engineering and Mathematics (STEM). The location with the most votes will have $30k donated to classrooms around their city. The location with the 2nd most votes will have $20k donated to classrooms in their city and 5 runner up cities will have $10k donated to classrooms.

    We encourage you and your students to vote here once a day until October 30th!


    PwC Talks: Being color brave

    Over the summer, PwC US Chairman Bob Moritz and Mellody Hobson, President of Ariel Investments, talked candidly about the importance of being color brave – recognizing differences in race rather than being color blind - and why speaking more openly about race is better for us personally, professionally and for society as a whole. Check out the PwC Talks here.


    PwC's Commitment to HeForShe

    Through our partnership with the United Nations’ HeForShe initiative, we are accelerating global momentum toward gender equity in the workplace. HeForShe’s mission is to engage men as agents of change for gender equality. We also believe this is an important time to bring our men into the conversation. All of us have a role in supporting global gender equity in the workplace. The more men and women play an active role in each other’s success, the more we can all realize our full potential. And when everyone is at their full potential, we all benefit, both as individuals and as an organization.

    We've committed to taking a number of actions to support HeForShe. We encourage you and your students to be HeforShe and register today!


    Oh, baby! Parental leave policy is a hit with PwC’s new parents

    Supporting families improves loyalty and performance which are essential in an environment where our success depends entirely on our people. PwC believes you can be fully committed to your family while having a rewarding career.

    PwC’s Parental Leave Policy provides six consecutive weeks of paid leave or three weeks of intermittent paid leave to all new parents, whether they be fathers or mothers of biological, adopted or foster children. Parents of new multiples are entitled to an additional two weeks.

    Our Parental Leave Policy has seen public acclaim. CBS This Morning featured our program. The Washington Post applauded our program for recognizing the diversity within our employees’ family structures. Fatherly.com ranked PwC the #10 most supportive company of new fathers.


    PwC Going Google

    The rapid pace of innovation in technology has fundamentally changed how and where work gets done, driving organizations to transform their businesses for the future. Together, PwC and Google can help that transformation happen. Last year we announced our plans to collaborate with Google and begin utilizing Google for Work products for our internal operations. This month, we moved forward with our transition to use Google Mail and Calendar functions. Learn more here. Why PwC and Google? Read more from Bob Moritz here.


    Technology Forecast

    PwC’s Technology Forecast explores emerging technologies and IT trends to help business and information technology executives anticipate rapidly developing technologies and develop strategies to create opportunities as the technologies mature.

    Published by PwC’s Center for Technology and Innovation (CTI), the Technology Forecast is forward looking – focused on emerging technologies and trends that PwC believes hold significant potential in the near future. Click here to subscribe to the Technology forecast or to view the Emerging Technology blog.


    Simplifying the audit through innovation: People, approach, technology

    Innovation is imperative to managing the complexities of a business and being successful in any given environment. At PwC we’re doing just that—investing in leading-edge technology, significant process improvements, and leadership and performance development for our people. We are ushering in a new way of auditing that’s delivering high quality and unique insights to our clients. Read more here. To view videos on simplifying the audit through innovation and technology in the audit, click here.


    Tax Function of the Future: Global transparency and risk management

    Tax leaders need to ensure that the company’s tax department is positioned to meet tomorrow’s global tax reporting and planning landscape. In particular, the requirements to provide additional information to tax authorities and the focus by the media, investors, and the public on company tax information are resulting in increased tax transparency and putting company tax matters in the spotlight like never before.

    Companies will need to prepare their tax function to address the requirements and respond to the risks associated with this evolving public and regulatory landscape. These changes have created an opportunity to rethink the tax function and to make strategic and operational changes to position the tax department to better serve the business in the longer term.

    Access the archived “Global transparency and risk management” webcast and others here.


    We hope you find this information useful. If we can be of assistance to you, please contact us at pwc.university.relations@us.pwc.com.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • March 2015

    Dear Educator:

    We hope you are all beginning to enjoy the signs of spring!

    We are pleased to highlight our recognition by FORTUNE magazine as well our focus on Women’s issues and diversity this month with our Aspire to Lead event and HeforShe relationship, our US Chairman’s recent LinkedIn post on advancing diversity, and our publication on The female millennial: A new era of talent. We also spotlight the wealth of information available in our CEO Survey and the resources for investors offered through PwC’s Investor Resource Center. In addition, we have included the Strategy+business magazine, insights on Tax technology strategy, the evolution of the Chief Data Officer and access to PwC Webcasts.


    PwC honored for 11th consecutive year; ranks #74 on FORTUNE's '100 Best Companies to Work For' list

    We are very pleased to once again be part of FORTUNE magazine's highly selective list of the "100 Best Companies to Work For." This year, we were ranked at #74 as we celebrate our 11th consecutive year on the list. The full list of the top 100 was posted this month on FORTUNE’s website.


    Aspire to Lead: The PwC women’s leadership series

    What would you do if you were not afraid? And if you are afraid, how can you build the confidence to lead?

    On February 27, thousands of viewers from around the world watched the latest installment of our global Aspire to Lead webcast series to get answers to these questions and more. Building off of last year’s inaugural Aspire to Lead event featuring Facebook COO and Lean In author Sheryl Sandberg, the 2015 Aspire to Lead event included Google UK leader Eileen Naughton and “The Confidence Code” authors Katty Kay and Claire Shipman in a panel discussion hosted by US and Global Talent Leader Mike Fenlon.

    During the one-hour webcast, Eileen, Katty and Claire shared their personal experiences on building confidence, empowering women and developing leadership skills. Throughout the session, each talked about how they learned by taking risks and making mistakes. Mike discussed the important role that men play in gender equality, as well as PwC’s relationship with the UN’s HeforShe IMPACT 10X10X10 initiative.

    We encourage you and your students to access the video replay at pwc.to/aspireus.


    US Chairman and Senior Partner, Bob Moritz on White men: Four things you can do to advance diversity

    Earlier this month, Bob shared his ideas on LinkedIn regarding how white men can play a role in creating inclusion.


    The female millennial: A new era of talent

    Organisations the world over are currently facing the challenges that come with vast numbers of millennial talent entering and reshaping the workforce. In parallel, they are also challenged with a lack of women in leadership positions, and fast becoming concerned with the financial and competitive toll this could mean for their organisations. Organisations looking to address the gender leadership gap must drive parallel efforts that tackle enhanced leadership diversity in conjunction with systemic change efforts targeting their workforce from day one. But to get this right, first, organisations must better understand how to attract, develop, engage and retain female millennial talent.


    A closer look at the 2015 US CEO Survey: Leading in extraordinary times

    PwC’s US CEO Survey contains valuable insights from US business leaders. Our 365 app now features collections of the latest survey content. Open it up today and find:

    Core US report: US CEOs are leading in extraordinary times: Learn how US CEOs positioning for a new era...where digital technology adoption rates are surging, and where growth in their important markets balances more evenly between developed and emerging economies.

    10 business issues to know: Top findings reports: What changes do CEOs forecast in areas like talent, data, and cybersecurity? We break down the top findings from our survey into ten topics that matter most for businesses.

    Industry focus: Our industry specialists present you with sector insights into the results of the survey. We invite you to explore the analysis by industry to learn about the new - but challenging - opportunities for growth.

    Video collection: What’s on the minds of US business leaders? Our media library of 29 video clips shows how leaders like Michael Dell and eBay’s John Donahoe are taking advantage of tech and other opportunities for the future.


    PwC’s Investor Resource Institute

    Through the Investor Resource Institute, PwC strives to provide insights to, and receive insights from, the investment community. We offer our views on accounting, auditing, corporate reporting, data security, and a myriad of other issues; as well as transparency about what we do that may be of interest to investors. We host events, both large and small, that are designed to strengthen the bridge not only between PwC and the investment community, but also between investors and others - such as corporate boards and audit committees.

    PwC insights for investors: PwC provides Thought Leadership on a wide range of issues that are of interest to the investment community, including industry perspectives, reporting, accounting, auditing, corporate governance and sustainability.


    Strategy+business magazine

    PwC and Strategy& (formerly Booz & Company) have come together to form a new kind of consulting business. Strategy+business magazine is published quarterly featuring our extensive coverage of management thinking, business profiles, and strategic analysis, written by noted thought leaders, senior executives and seasoned practitioners. Click here to access the magazine and subscribe to receive the newsletter.


    How do companies benefit from a tax technology strategy?

    Today, tax departments around the globe face pressure to stay compliant and manage risk with limited resources, leaving little time to focus on strategic planning. Successful companies are reevaluating the way they do business and looking for efficient technology solutions to reduce cost and help transform their tax function into a modern, more efficient business enabler. PwC technologies automate processes and facilitate communication so tax departments can focus on what matters: adding value and growing their business.


    Great expectations: the evolution of the chief data officer

    A new role is gaining ground in the C-suite: the chief data officer (CDO). Charged with the enterprise-wide governance and utilization of information as an asset, this emerging leader strives to harness data, manage risk, and create revenue-generating opportunities.

    With the number of executives holding the CDO title on the rise, we’ll explore how the role is evolving, what factors are impeding its success, and how organizations can extract the most from its potential.


    PwC webcast opportunities

    PwC's webcasts offer a wide range of topics and are designed to keep you informed about emerging issues and current developments impacting your business. Live webcasts typically offer continuing professional education (CPE) credits, and we post archived versions for those who can’t make the live event.

    PwC's quarterly current accounting and technical developments webcast series: Keep informed on hot topics and recent activities of various regulatory bodies including the Financial Accounting Standards Board and the Securities & Exchange Commission.

    PwC’s US Tax services webcasts: Learn about relevant tax accounting matters including updates on recent developments from standard setters and discussions of reporting considerations.


    We hope this information is helpful. Please contact us pwc.university.relations@us.pwc.com if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • February 2015

    Dear Educator:

    We know it has been a tough winter for many of your campuses. As February winds down, we hope to soon see signs of Spring.

    In our newsletter this month, we highlight our 2nd annual Aspire to Lead event and our recently released paper, Data driven: What students need to succeed in a rapidly changing business world. We also celebrate 81 years leading the Oscars® balloting process. In addition, we’ve included the following publications: our Global State of Information Security Survey 2015, Key considerations for board and audit committee members and 2014 Year-End State Tax Review and a Look Ahead to 2015 and Beyond.


    Aspire to Lead: The PwC women’s leadership series

    On February 27, you can join the dialogue on women in leadership by participating in PwC’s second Aspire to Lead series global forum. The event’s webcast, broadcast live from London, 12:30pm ET / 9:30am PT, focuses on the theme: “The Confidence to Lead.” PwC Leaders, Google UK Leader Eileen Naughton, and The Confidence Code authors Katty Kay and Claire Shipman will share their perspectives on building confidence as a leader. The webcast will also explore our partnership with HeForShe and engage men in the movement. The event will conclude with a Q&A session.

    We hope that you will join us and please encourage your students to do so as well! Register for the live webcast (or access the video replay) at pwc.to/aspireus.


    Data driven: What students need to succeed in a rapidly changing business world

    Earlier this month, we released a provocative thought leadership piece, “Data Driven: What students need to succeed in a rapidly changing business world.” The paper includes insights from the 18th Annual Global CEO Survey and shows how advances in technology and data analytics are changing how we work and deliver quality to our clients. We also recommend accounting curriculum changes to help students acquire data analytics skills and develop other relevant skills such as business acumen, global acumen, leadership and relationship building. We look forward to your feedback and the opportunity to dialogue with you about these important issues as we work together to shape the future of our profession.


    PwC preserving the secrecy of Oscars® winners

    This month PwC celebrates 81 years of leading the Oscars® balloting process on behalf of the Academy of Motion Picture Arts and Sciences (the Academy). Click here for photos and history of PwC balloters over the years and view the press release regarding the current balloting leaders.


    Global State of Information Security Survey 2015

    Today, most organisations realise that cybersecurity has become a persistent, all-encompassing business risk. But as the frequency and costs of security incidents continue to rise, our survey found that many organisations have not updated critical information security processes, technologies, and employee training needs.

    In some cases, it appears that information security programmes have weakened due to inadequate investments in information security. At the same time, the financial costs of investigating and mitigating incidents grow year over year.

    Find out what basic security safeguards businesses can implement to manage today’s elevated threats.


    Key considerations for board and audit committee members

    A fresh and critical look at the boardroom agenda is crucial as companies are confronted with a changing business landscape, technological advances, and significant risks such as cybersecurity. Our latest edition of Key considerations for board and audit committee members addresses topics for today’s changing boardroom agenda.


    2014 Year-End State Tax Review and a Look Ahead to 2015 and Beyond

    We are pleased to share PwC's 2014 Year-End State Tax Review and a Look Ahead to 2015 and Beyond—a brief, interactive summary and collection of Insights focused on the key developments, issues and trends across the state and local tax landscape in 2014 and what we may expect for 2015 and beyond.


    Use 365™ to access PwC Thought Leadership!

    If you have not yet downloaded 365™, we encourage you to take a few minutes to do so. The app can be customized by topics, industries and your favorite authors. You can also save and share any ideas that interest you. Download the app for your iPad or iPhone today!


    Please contact us pwc.university.relations@us.pwc.com if we can be of assistance to you. Best wishes for the New Year!

    Best Regards,

    Julie Peters
    US University Relations Leader

  • January 2015

    Dear Educator:

    Happy New Year and welcome back to campus! We hope you had the opportunity to relax and recharge over the winter break.

    In our newsletter this month, we feature our 18th Annual CEO Survey. We also highlight the recently published book, The Self-made Billionaire Effect, authored by PwC leaders, John Sviokla and Mitch Cohen. We hope you will join our global webcast on February 27th for Aspire to Lead: The PwC women’s leadership series. We are also pleased to include Three surprising digital trends for 2015, the 2015 Tax Policy Outlook, our Annual Corporate Director Survey, our quarterly current accounting and reporting development webcasts and The quarter close, and finally our 365™ Thought Leadership App.


    18th Annual Global CEO Survey: The marketplace without boundaries

    What do 1,300 CEOs worldwide say about today’s business challenges and opportunities? Find out in our 18th Annual Global CEO Survey.

    Download the US Report to learn what US CEOs are doing to be fit today and relevant tomorrow. To hear how US CEOS are positioning to thrive while much about their industries and the world change, watch our CEO Videos.


    The Self-Made Billionaire Effect

    PwC's Head of Global Leadership, John Sviokla and Vice Chairman, Mitch Cohen just published a book that is getting a lot of acclaim. The first systematic study of self-made billionaires, The Self-Made Billionaire Effect is based on in-depth analysis of 120 self-made billionaires and interviews with 16 of them, including Mark Cuban, Steve Case, and T. Boone Pickens. The book reveals the five habits of mind that enable these extreme entrepreneurs to create massive value.

    Watch the replay of the "Meet the Authors" webinar here.

    Want to learn more? Be sure to visit www.pwc.com/billionaire, where you'll find articles, video clips, and more.


    We are pleased to invite you to a very special global webcast that will broadcast live from London, Friday, February 27, 12:30pm ET. The event is part of “Aspire to Lead: The PwC women’s leadership series,” which includes programs and workshops hosted by PwC to help college students build leadership skills.

    PwC leaders, Google UK Leader Eileen Naughton, and authors of The Confidence Code, Katty Kay and Claire Shipman, will be part of a discussion that focuses on the theme: “The Confidence to Lead.” The webcast will provide tips on building confidence as a leader and explore the role of men as supporters and drivers of change. The event will conclude with a Q&A session, and a video replay will be available immediately after the webcast on pwc.to/aspireus. We hope that you will join us and please encourage your students to do so as well!


    Three surprising digital bets for 2015

    Which technologies are companies investing in this year? Business and IT leaders in our 2015 Digital IQ Survey preview say cybersecurity (69%), private cloud (61%), and data mining and analysis (54%). These top-three bets are important technologies that many businesses need—but they may not distinguish companies from the competition.

    This trio of picks has extraordinary potential, despite being off the radar screen of many businesses. In fact, wearables (3%) and NoSQL databases (6%) placed at the very bottom of the priority list for survey respondents, ranking last in investment and perceived value among a field of 24 technologies. While more companies are investing in sensors for collecting business information (23%), they’re still underrated in our book and grossly underinvested in by several sectors. Click here to see how these three digital technologies matter, who’s taking the lead in 2015, and how they just might help companies become a disruptor.


    PwC 2015 Tax Policy Outlook: Opportunities and challenges ahead

    The key question for US tax policymakers is whether 2015 will be marked by compromise or gridlock. President Obama and Republican Congressional leaders have identified tax reform as a priority issue on which agreement could be possible. At the same time, differences between the two political parties over many issues will pose challenges for the enactment of significant legislation.

    In this publication, PwC's Washington National Tax Services (WNTS) offers a preview of the key tax policy issues facing the Obama Administration and Congress, including the outlook for tax reform, global tax scrutiny, changes at the IRS, healthcare, international trade, state tax legislation, and other tax policy matters of importance to today's business leaders.


    PwC’s 2014 Annual Corporate Director’s Survey: Trends shaping governance and the board of the future

    Disruptions abound in today’s business world. Some stakeholders want boards to become more diverse, and increasingly vocal shareholders want to communicate differently with public company directors and managements. Executive compensation remains a hot topic of debate, and boards are learning to deal with activist shareholders. Technology is drastically altering the world of business, presenting vast new opportunities and increasingly pronounced risks.

    Things are changing in the corporate governance world. New trends are starting to emerge and take hold. They’re influencing perspectives and practices in the boardroom. Learn what boards are doing in response to the trends.


    Quarterly current accounting and reporting developments webcast series

    PwC's quarterly current accounting and reporting developments webcast series keeps you informed on hot topics and recent activities of various regulatory bodies including the Financial Accounting Standards Board and the Securities & Exchange Commission.

    For more insight into each quarter’s accounting hot topics and regulatory updates please refer to the most recent edition of The quarter close. Not on our mailing list? Sign up for future webcasts. Interested in more than accounting? Find out about other PwC webcasts at PwC Open University.


    Use 365™ to access PwC Thought Leadership!

    If you have not yet downloaded 365™, we encourage you to take a few minutes to do so. The app can be customized by topics, industries and your favorite authors. You can also save and share any ideas that interest you. Download the app for your iPad or iPhone today!


    Please contact us pwc.university.relations@us.pwc.com if we can be of assistance to you. Best wishes for the New Year!

    Best Regards,

    Julie Peters
    US University Relations Leader

  • November 2014

    Dear Educator:

    During this season of Thanksgiving, we hope you will have the opportunity to relax and enjoy time with family and friends.

    Our newsletter this month begins with our recent announcement regarding our joint business relationship with Google. In addition, we highlight the commitment of the PwC Charitable Foundation, Inc. to provide $5 million in support of Veterans and our recognition as a Military Friendly Employer. We have included recent accolades from Vault and Consulting Magazine. We also share a video regarding the impact of Technological Breakthroughs as well as other resources including Consulting Case Studies, Tax Accounting Research and Insights and our fourth annual Audit Quality Report.


    Why PwC and Google?

    Our clients recognize the need to transform their organizations to thrive and maintain relevance in a rapidly changing world. That's why PwC is teaming with Google: our joint knowledge and capabilities will give those stakeholders unprecedented access to the vast experience and assets of both organizations. Read more about it in PwC US Chairman Bob Moritz's latest blog post: http://linkd.in/10F1swR


    The PwC Charitable Foundation, Inc. Commits $5 Million to Support Veterans; PwC US Named as a Top Military Friendly Employer®

    Earlier this month, the PwC Charitable Foundation, Inc. announced a $5 million donation for a series of grants to support US veterans and their families over the next five years. The grants will provide scholarships for education as well as support with the transition to the workforce. This announcement coincided with PwC US being named as a Top 100 Military Friendly Employer® for the fifth year in a row. For more information, click here to view the press release.


    2015 Vault Rankings released

    We are very excited to once again be rated in the top 25 for Best Overall Internship by Vault! We were also ranked #4 for Best Consulting Internship and #5 for Best Accounting Internship. To view the final results in all categories, click here.


    Consulting Magazine’s Best Firms to Work For, Women Leaders in Consulting Recognition

    In addition, PwC’s Jennifer Koehler was recognized as one of Consulting Magazine’s “Women Leaders in Consulting”. An Advisory partner with PwC, Koehler was recognized in the Future Leader award category for her outstanding contributions to the firm and her clients in the power and utilities industry. For more information, view the press release.


    Global megatrends: Technological breakthroughs by US Chairman and Senior Partner, Bob Moritz

    In today's changing world, there is a need to provide deeper and more relevant insight about an organization and their performance. By utilizing advanced data and analytics we are able to find ways to better serve our clients. To find out more on what PwC is saying about Technology and Business, click here to view our video.


    Consulting case studies: Building value with our clients

    Search by business topic, industry or company function to find recent examples of how we work with our clients to help them navigate complex business issues and achieve high performance.


    Tax Accounting Research and Insights

    Stay current and connected. To access our Tax Accounting Services resources, including publications, resources and upcoming webcasts, click here and then add the page to your favorites!


    Our focus on audit quality

    PwC's fourth annual audit quality report continues our journey to increase transparency to our stakeholders about how we promote sustained audit quality. Similar to last year, the 2014 report includes detailed discussions about our culture and values, our skills, our infrastructure, our execution and our role in society. It also increases the number of Transparency Data Points, which are measures that provide greater insight into our audit practice. To review the report, click here.


    We hope you find this information useful. Please contact us pwc.university.relations@us.pwc.com if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • October 2014

    Dear Educator:

    With the academic year well underway and campus recruiting activities in full swing, our recruiters have enjoyed seeing many of you on campus over the past few weeks.

    This month we are pleased to highlight our US Chairman, Bob Moritz, in his recent interview with Harvard Business Review. In addition, we have included our Global Annual Review 2014 and Digital IQ: 2014 10 Technology Trends for Business. Finally, we have highlighted our US Tax Services Webcasts site, the 2014 Third quarter close, our Center for Board Governance site highlighting Key Boardroom Issues, and our Tax Accounting Services TAS to go App.


    PwC US Chairman, Bob Moritz, on keeping millenials connected

    By 2016, 80% of PwC's workforce globally will comprise Millennials (those born between 1980 and 1995). To assist the firm in better understanding the needs of its workforce, PwC has conducted extensive research on millennials and employee engagement through publications including PwC's NextGen: A global generational study; Next Generation Diversity: Developing tomorrow's female leaders and The keys to corporate responsibility employee engagement.

    Reflecting on findings from the firm's research, PwC's US Chairman and Senior Partner Bob Moritz shared insight with Harvard Business Review.


    Anticipating problems, finding solutions: Global Annual Review 2014

    In this Global Annual Review, we look at issues that impact our stakeholders around the world, and we examine our performance, our key network policies and standards, and our work in the global community during FY 2014.

    2014 10 Technology Trends for Business

    As companies strive to bolster competitive advantage in a complex global environment, savvy business leaders are leveraging technology to accomplish their goals. PwC’s 2014 10 Technology Trends for Business highlights 10 technology trends that are top of mind among executives as they head into the New Year. Ranked by current investment levels, the findings provide a sneak peek into some of PwC’s 6th Annual Digital IQ Survey findings. For a full report on our 6th Annual Digital IQ Survey findings and technology trends, visit www.pwc.com/us/digitaliq.


    US Tax Services webcasts

    We encourage you to visit this site frequently to identify upcoming webcasts of interest or to view archives of previous webcasts. Click on the prompt on this page to subscribe to tax publications, webcasts and news alerts.

    Affordable Care Act: what do employers need to know about new information reporting requirements?

    October 29, 2014 | 1:00pm - 2:00pm EDT

    The IRS recently released forms and instructions employers will use to comply with the information reporting requirements of the Affordable Care Act (ACA). All large employers will have reporting obligations after January 1, 2015 as a result. Employers need to take action now to assess readiness.

    We'll help you understand employer reporting obligations, including:

    • identifying the data needed to be collected monthly
    • determining the impact of corporate structuring on reporting requirements
    • analyzing whether full-time employees are offered affordable healthcare coverage providing minimum value.

    Talking Tax executive webcast series

    October 28, 2014 | 11:00 am - 12:00 pm (EDT)

    In the 16th installment of the Talking Tax video webcast series, PwC panelists from the Industrial Products & Services practice will be discussing:

    • The latest insights regarding emerging tax legislative and policy matters: As we approach the 2014 mid-term elections, our panelists will discuss the potential for Republicans to gain control of the US Senate. In addition to analyzing the potential outcomes, our specialists will discuss the implications of a potential “flip” of the Senate on tax policy and future tax reform legislation.
    • 'Big data' – Opportunities and tax implications: Driven by in-the-moment decision making, 'big data' represents a way for companies to gain insights and intelligence for strengthening their businesses. Whether the focus is to enhance customer relationships, operations, products, or innovation, there are 'big data' implications on each function of the business. Our panel will discuss some of the operational considerations and their potential impact for tax.

    The quarter close: A look at this quarter’s financial reporting issue

    This edition updates you on recent FASB, SEC and other regulatory and corporate governance topics. Learn what's new now, and what to look for in the near future. We invite you to download our Q3 publication and view our new video perspectives.


    Center for Board Governance: Key boardroom issues

    Policymakers and regulators are focused on changes to corporate governance practices to enhance board transparency, increase director accountability, and give greater voice to shareholders over critical boardroom decisions. PwC shares its perspective on these and other important governance issues.


    Tax Accounting Services (TAS) to Go app

    We're pleased to share our recently launched application, TAS to Go. We're integrating technology with PwC's tax accounting knowledge and experience to help you navigate through the complexity of today's tax accounting issues. TAS to Go is designed to provide meaningful and real-time access to PwC's comprehensive Guide to Accounting for Income Taxes, tax accounting thought leadership and insights, as well as examples of relevant SEC comment letters. Downloading the app will allow you to both stay connected with tax accounting trends and use the content as a reference source when working through specific tax matters. Our TAS to Go app can be downloaded from the App store on your iOS and Android devices.


    We hope you find this information useful. Please contact us pwc.university.relations@us.pwc.com if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • September 2014

    Dear Educator:

    Welcome back to campus! We hope the new academic year is off to a great start! Our campus recruiting teams are enjoying the chance to connect with many of you as momentum builds around our Fall campus recruiting activities.

    In this newsletter, we are pleased to share our Top 10 ranking once again by Working Mother’s magazine. We also highlight the recent webcast by Lean In to launch their Campus program, the launch of PwC Professional and our 365TM Thought Leadership App. In addition, we have featured our Global Data and Analytics Survey, The Quarter Close, the Worldwide Tax Summaries 2014/2015 and a Tax Case Study from our Challenge competition for use in the classroom


    Top 10 Working Mother's 100 Best Companies 2014

    We are very pleased to share that PwC is ranked in the Top 10 on Working Mother's 100 Best companies list for 2014-- marking the 20th time the firm has been recognized and the 11th time the firm has made the Top 10. As a Top 10 organization, PwC's gender initiatives are highlighted in the September issue of Working Mother magazine. Additionally, PwC Assurance Partner Lisa Heskett is profiled in the publication as an example of how our working mothers are driving change within the firm while raising a family.


    On September 18th, students around the world gathered to watch the Lean In Campus Kickoff with Sheryl Sandberg and our partner organization, LeanIn.Org, to engage in a discussion about the power of women in your generation and the ways in which you can support one another to achieve your ambitions. They shared their Lean In on Campus program, how to get involved, and answered questions. If you or your students were unable to participate in the webcast, we encourage you to view the archive at http://new.livestream.com/leanin/campuskickoff/archives


    The PwC Professional: Shape Tomorrow's World. Today.

    At PwC today, we're building the leaders who are building tomorrow. Leaders at all levels who are solving important problems and helping our clients succeed in an increasingly challenging global landscape. Our people drive client value and competitive advantage for our firm. And we strive to give them the tools they need to grow, fulfill their potential and experience PwC as a great place to work. One key way we do this? The PwC Professional.

    The PwC Professional is our new global career progression framework designed to enrich and accelerate the leadership development of our people at PwC, no matter what their role, title or geography. It is our guiding set of principles for attracting, retaining, developing and inspiring our people. It is the heart of what makes our people and our brand stand apart from the rest. With a real-time development mindset that emphasizes frequent informal feedback to maximize strengths and quickly close gaps, we drive continuous learning against the PwC Professional framework throughout the year. No matter how fast our world changes, the PwC Professional prepares us not only to stay ahead of it, but to help change it.


    Use 365TM to access PwC Thought Leadership!

    If you have not yet downloaded 365TM, we encourage you to take a few minutes to do so. The app can be customized by topics, industries and your favorite authors and is a great tool to give you access to current info. You can also save and share any ideas that interest you. Download the app for your iPad or iPhone.


    PwC's Global Data & Analytics Survey 2014: Big Decisions

    Businesses make thousands of decisions a day. Most are routine, designed in some way to improve profitability. But don't be deceived. Much has changed. The advance of data - the sheer amount of it, and analytics - an increasing facility in drawing insights from data, now underpin many of those operational decisions. In fact, a growing subset of those small but important decisions is automated, triggered by programs that respond in real-time without human direction.

    So with data-driven decisions making inroads across operations, what happens when the time comes for a business to shift course? These are the 'big decisions' that executives know from the onset will impact their organisations in big ways, and the moments that call into question not only what data is being used, but the effectiveness of the analysis. Was it the right data in the first place? Were the right insights drawn? And what role should an executive's instinct play?

    This is the juncture that interested us. Given the pace of change and the pressure on business to adapt to thrive, we wanted to learn how often executives make those big decisions and what inputs they value most. Our global survey of 1,135 executives looks at the most significant decisions about the strategic direction of the business and the impact of data and analytics. To view the key findings, click here.


    The quarter close: Second quarter 2014 and Video perspectives

    This edition updates you on recent FASB, SEC and other regulatory and corporate governance topics. Learn what's new now, and what to look for in the near future. We invite you to download our Q2 publication and view our new video perspectives


    Worldwide Tax Summaries: Corporate Taxes 2014/15

    Worldwide Tax Summaries (WWTS) is a key reference tool for all tax practitioners. It draws on the breadth and depth of expertise offered by PwC, and gives you quick access to information about the corporate and individual tax systems in over 150 countries worldwide, in an easily digestible format. WWTS is available in a number of formats to suit your needs. For more information, click here.


    Challenge - Tax Case for Classroom Use

    We are pleased to make materials from a past PwC Challenge Case Competition available for professors to use as they deem appropriate for their students. The materials are on our faculty website in PwC Faculty Resources. We hope this will be a valuable resource.


    We hope you find this information useful. Please contact us at pwc.university.relations@us.pwc.com if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • April 2014

    Dear Educator:

    We have a few things to share with you as the school year winds down. Our Aspire to Lead live webcast will be held on April 24th with a replay available soon after. Earlier this month, we announced our successful combination with Booz & Co. and we were recognized by Vault.com. In addition, we are highlighting our 6th Annual Digital IQ Survey, our 365 App and our Flexibility2 Talent Network hiring initiative. Finally, we have included information on PwC Open University, a tax publication on the challenges faced by US inbound companies and the launch of our new Audit Committee Excellence Series.


    Aspire to Lead – live webcast April 24th
    www.pwc.com/aspire

    Please join us for our first-ever global forum focused on women and leadership to students around the world. The event is part of 'Aspire to Lead: The PwC Women’s Leadership Series', which will focus on how female students navigate the transition from campus to career.

    Our first event in the series will be a live webcast on April 24 featuring Facebook COO Sheryl Sandberg, who set up a non-profit organisation called LeanIn.Org, igniting a conversation about women and ambition. During the webcast, Sheryl will offer tips to graduates for finding the right job, negotiating your first salary and succeeding in your career. Sheryl will be joined by Terri McClements, PwC's US Human Capital leader, who will share her insights and experiences.

    Given your deep insight into the challenges facing college students during this critical time in their personal and professional lives, I hope you and your colleagues, as well as your students, will tune into this event. If you are not able to view the live webcast, the replay will be posted soon after. For details, www.pwc.com/aspire.


    Next Generation Diversity: Developing tomorrow’s female leaders

    PwC is pleased to announce that we successfully completed earlier this month our combination with Booz & Company. With the granting of all regulatory approvals for Booz & Company to join PwC, it is now officially part of the PwC Network. Marking this occasion, Booz & Company has changed its name to Strategy& (pronounced Strategy and). This new name, which will be used alongside the PwC name and brand, reflects the strength in strategy consulting that Booz & Company brings to the PwC Network and the benefits this deal will bring to all clients and stakeholders.

    Building on Booz & Company’s century of consulting excellence, Strategy& and PwC have a vision to create the world’s pre-eminent strategy-through-execution firm. We combine world-class strategic and operational thinking to help clients outperform their competitors. As the firm that both designs and executes winning strategies for the world’s leading institutions, we are a ‘Category of One’ and are set to change the consulting landscape forever.

    For more information, click here to view the press release.


    PwC Ranks No. 1 in Vault’s Latest Accounting Rankings

    Experienced professionals look to Vault.com’s company rankings, ratings and reviews to get the inside scoop on what it’s really like to work in an industry, company or profession. Each year, Vault surveys those who work in the accounting industry to rate firms on quality of life (such as culture, satisfaction, work/life balance, and compensation) as well as overall prestige. The result is their annual list of the Vault Accounting 50.

    Based on the input of 10,000 accounting professionals, PwC once again ranked #1 in the overall Accounting 50 this year as well as #1 in Prestige. Accountants at peer firms told Vault that PwC is “still the gold standard,” “the firm to beat,” “a good firm for large clients,” “highly thought of,” “top notch,” and “the best of the Big 4.” This year, for the first time, Vault asked accountants to rate firms in three practice areas: tax accounting, forensic accounting, and audit and assurance. PwC ranked No. 1 in all three. Learn more about our rankings at vault.com.


    PwC’s 6th Annual Digital IQ Survey

    Nearly 1,500 business and IT executives from 36 countries and across a range of industries participated in this year’s Digital IQ Survey. Today, all roads lead to digital. From business strategy to execution, digital technology has become the foundation for everything we do. Nearly every organization lays claim to being a digital enterprise, but only 20% of respondents in this year’s Digital IQ Survey rated their companies as having ‘excellent’ Digital IQ. To review or download the report, click here.


    Use 365™ to access PwC Thought Leadership!

    If you have not yet downloaded 365™, we encourage you to take a few minutes to do so. The app can be customized by topics, industries and your favorite authors and is a great tool to give you access to current info over the summer. You can also save and share any ideas that interest you. Download the app for your iPad or iPhone.


    PwC's Flexibility² Talent Network™

    As the market and the workforce changes, so are we. PwC is continuing to develop a contingent workforce base to better meet the needs of our changing business. In addition to our traditional employees who work for us year-round, PwC has formed a network of high-quality, talented professionals who may work for us for definitive periods of time throughout the year. We call this group PwC's Flexibility2 Talent Network. Flexibility means different things to different people. For this group of professionals, it means being a part of a global network of firms, with access to rich and varied opportunities, top talent and professionals for part of the year, while having the time and income for other endeavors. Our Flexbility2 Talent Network is just one more way that the firm is capitalizing on the diversity of talent in the market while providing opportunities for qualified individuals who want to work for us - but not year round. If you know of any alumni from your program who might be interested in the opportunity to work for PwC in this way, we encourage you to share this information. To learn more, visit http://www.pwc.com/ftn


    PwC Open University

    PwC Open University is a first-of-its-kind continuing business education resource that provides executives, PwC alumni, faculty, students and the general public free and open access to a growing library of online courseware developed by PwC's award-winning training program.

    Building upon innovative steps taken by leading universities such as MIT and Yale to make their courseware freely available, PwC has pioneered free open corporate education for the public, sharing professional insights across multiple industries to enhance the public's understanding of complex business issues.

    Today, visitors have access to almost 250 courses to help develop their skills and earn CPE credit. This world-class library continues to expand based on current business issues and regulatory developments, further establishing PwC as a trendsetter in continuing business education.

    To access the library of courses, please visit www.pwc.com/openuniversity.


    The unique challenges facing US inbound companies

    It's not news that today’s corporate tax function faces more and more challenges. The constant demand to increase productivity is virtually a cliché, and the ever-escalating regulatory burden coupled with tight budgets, unprecedented demands for information from taxing jurisdictions, and the high threshold to consistently produce timely and accurate tax compliance and financial accounting all contribute to a difficult operational environment for tax departments around the world. Overlay this with the increased scrutiny on the tax affairs of multinational businesses and it is clear that the demands have never been greater, and continue to grow.

    In their quest to overcome these hurdles, tax departments often face internal barriers as well. Access to quality data, heavy reliance on complex spreadsheets, inefficient data collection processes, and sometimes even less than ideal collaboration with other parts of the business all contribute to today's challenging landscape for tax executives.

    So how can tax departments navigate these challenges and move forward? Click here to view or download the publication.


    PwC’s Audit Committee Excellence Series – Assessing the company’s forward-looking guidance practices and the potential risks of consensus estimates

    How does an audit committee “raise the bar” on its performance? The PwC Center for Board Governance is publishing the Audit Committee Excellence Series (ACES) to help address this question. The series provides practical and actionable insights, perspectives and ideas to help audit committees maximize committee performance.

    To read the inaugural edition, click here.


    We hope you find this information useful. Please contact us at pwc.university.relations@us.pwc.com if we can be of assistance to you.

    We hope you have a great summer and we look forward to seeing many of you at the AAA Annual Meeting in Atlanta.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • March 2014

    Dear Educator:

    After the winter we have all endured, we hope that you are beginning to enjoy the signs of Spring! This month, we spotlight a recent CNBC interview with Bob Moritz, our US Chairman and Senior Partner, and our upcoming Aspire to Lead event on April 24th. We also highlight our newly released Next Generation Diversity Study, our upgraded 365TM App, and upcoming Deals webcasts. In addition, check out a recent 10Minutes publication on data privacy, the 2014 Tax Legislative outlook publication and the 2014 Q1 Quarter Close.


    Bob Moritz’s interview with the CNBC Squawk Box

    CEOs are gaining confidence about their ability to grow in the current market conditions. Bob Moritz, PwC U.S. Chairman and Senior partner, discusses findings from PwC’s 17th Annual Global CEO Survey in an interview with CNBC Squawk Box.

    Watch the CNBC Squawk Box interview


    Aspire to Lead, April 24th, please join us and encourage your students to join . . . www.pwc.com/aspire

    We're delivering our first-ever global forum focused on women and leadership to students around the world. The event is part of 'Aspire to Lead: The PwC Women’s Leadership Series', which will focus on how female students navigate the transition from campus to career.

    Our first event in the series will be a live webcast on April 24 featuring Facebook COO Sheryl Sandberg, who set up a non-profit organisation called LeanIn.Org, igniting a conversation about women and ambition. During the webcast, Sheryl will offer tips to graduates for finding the right job, negotiating your first salary and succeeding in your career. Sheryl will be joined by Terri McClements, PwC's US Human Capital leader, who will share her insights and experiences. We hope you will join us and encourage students to join us as well. For details, visit www.pwc.com/aspire.


    Next Generation Diversity: Developing tomorrow’s female leaders

    On March 8 each year International Women’s Day is recognised across the globe to celebrate the economic, political and social achievements of women. Research and media are currently dominated with a focus on women in leadership and on corporate boards. However, to achieve sustainable change the public and private sectors must change the conversation: they must also focus on developing talented junior women now for future leadership roles. To do this organisations must first understand how best to attract, retain and develop the female millennial. This is why PwC are marking International Women’s Day this year with the theme Next Generation Diversity: Developing tomorrow’s female leaders. To support this broader conversation on gender diversity we are launching our Next Generation Diversity report.


    Use 365TM to access PwC Thought Leadership!

    If you have not yet downloaded 365TM, we encourage you to take a few minutes to do so. The app can be customized by topics, industries and your favorite authors. You can also save and share any ideas that interest you. A recent upgrade to 365 added a new feature that lets you receive automatic notifications about critical business issues – selected by PwC’s Thought Leadership editors based on relevance, timeliness and impact. Let 365 help you keep up to speed on business developments. Download the app for your iPad or iPhone.


    Deals webcast series and upcoming events

    In today’s deal environment, value creation is a focus more important than ever with greater disparity in the competition for deals and the pace at which deals are completed. To help you understand risk and identify opportunities to capture value at the deal table and beyond, we invite you to join us for our ongoing webcast discussions about deal considerations.

    Embracing Shareholder Activism: Strategy through Tactical Execution
    Live webcast date and time: March 31, 2014 1-2PM EST

    The Conference Board's Corporate Development Conference: Ensuring Unwavering Focus on Business Growth
    Event date: April 10-11, 2014


    10Minutes on data privacy

    Data protection and privacy is an urgent issue for both consumers and businesses. As customers increasingly worry whether their personal information is secure and used appropriately, companies are also concerned about protecting data and their brand. This 10Minutes highlights the importance of viewing consumer privacy from more than just a compliance lens and developing a strategy and action plan that will help businesses lead on data privacy by building customer trust and enhancing their brand. Click here to view all of our 10Minutes publications.


    Navigating a path forward: 2014 Tax Legislative Outlook

    The challenges faced by Congress in enacting tax reform - divided government and competing legislative goals - will increase in 2014 due to election year politics and an early change in tax-writing committee leadership. Meanwhile, a global focus on tax avoidance has led to a push by G20 countries and the OECD to address the ability of business to erode countries' tax bases. The enhanced focus on global tax avoidance could result in a wave of unilateral governmental action that significantly increases the risk of double taxation and a proliferation of cross border disputes.

    In this publication, PwC's Washington National Tax Services (WNTS) offers a preview of the key tax policy issues facing the Obama Administration and Congress, including the outlook for comprehensive tax reform, federal spending, the future of expired business tax provisions, the G20 and OECD efforts on base erosion and profit shifting (BEPS), and other tax policy matters of importance to today's business leaders.


    The Quarter close – a look at this quarter’s financial reporting issues

    PwC's quarterly current accounting and reporting developments webcast series keeps you informed on hot topics and recent activities of various regulatory bodies including the Financial Accounting Standards Board and the Securities & Exchange Commission. To sign up for future live webcasts or to access self-study materials which are CPE eligible for previous quarterly updates, click here.


    We hope you find this information useful. Please contact us at pwc.university.relations@us.pwc.com if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • February 2014

    Dear Educator:

    We hope the winter months are treating you well. This month, we are pleased to share information regarding our upcoming Aspire to Lead event with Sheryl Sandberg, Facebook COO and author of Lean In for Graduates, as well as our 365 App and our recognition by Training Magazine for our Discover program. In addition, we highlight recent publications including The Global State of Information Security Survey, Paying taxes 2014 – the global picture and Accounting Today’s interview with Vin Colman, our US Vice Chairman and Assurance Leader.


    Live webcast with Sheryl Sandberg kicks off PwC’s global forum on women and leadership

    This spring, PwC will deliver our first-ever global forum on women and leadership to college students around the world. The event, part of “Aspire to Lead: The PwC Women’s Leadership Series,” focuses on the challenges women face as they make the transition from campus to career. It kicks off with a live webcast on April 24 featuring Sheryl Sandberg, Facebook COO and best-selling author of Lean In: Women, Work and the Will to Lead and Lean In for Graduates. We hope you will plan to join us and encourage your students to do so as well.

    Spread the word about our student photo contest

    Please make your students aware of our Aspire photo contest beginning March 3. By sharing a picture that answers the question, “To what do you aspire?”, one student will win the grand prize – an all-expense paid trip to Facebook’s studio in California where the winner will attend the live April 24 webcast. As our VIP guest, the winner will have an opportunity to ask Sheryl a question during the broadcast.

    Look for details about our Aspire to Lead leadership series and the April 24 live webcast with Sheryl Sandberg on our PwC US Careers Facebook, Linked In and Twitter pages.


    Use 365TM to access PwC Thought Leadership!

    If you have not yet downloaded 365TM, we encourage you to take a few minutes to do so. The app can be customized by topics, industries and your favorite authors. You can also save and share any ideas that interest you. Download the app for your iPad or iPhone.


    PwC’s Discover program recognized by Training Magazine

    Training magazine’s Top 125 Award winners have the most successful learning and development programs in the world. In early February, Training editors recognized PwC, a Top Ten Hall of Fame member, for our Discover leadership experience during an awards gala at the San Diego Convention Center.

    Discover is one of PwC’s signature leadership development programs. It recognizes our newly promoted Senior Associates on their milestone achievement. Throughout the program, participants work with leadership coaches, partner champions and peers on strengthening their ability to make effective choices in all of life’s domains: self, family, community and career. Since its introduction, more than 4,600 professionals have participated in Discover to celebrate their promotion.

    PwC is proud to receive one of The Hall of Fame’s most prestigious awards for Discover. Training magazine’s January/February 2014 issue includes the final rankings, features on the top five companies and stories on the Best Practices and Outstanding Initiatives Award winners.


    The Global State of Information Security® Survey 2014

    The Global State of Information Security® Survey, an annual, worldwide study by PwC, CIO magazine, and CSO magazine, aims to inform and stimulate the debate on how businesses are facing today’s security challenges. Over the years, thousands of executives around the world have taken the time to share their views with us.

    This year’s survey was conducted online from February 1, 2013, to April 1, 2013. The results are based on the responses of more than 9,600 executives including CEOs, CFOs, CISOs, CIOs, CSOs, vice presidents, and directors of IT and information security from across 115 countries.

    The Global State of Information Security® Survey 2014 shows that executives are generally heeding the need to fund enhanced security activities and have substantially improved technology safeguards, processes, and strategies. Budgets are rising and confidence continues to climb.

    But not so fast: The survey also reveals that while many organisations have raised the bar on security, their adversaries are continuing to outpace them. Detected security incidents have increased—and so has the cost of breaches. And hot-button technologies like cloud computing, mobility, and BYOD (“bring your own device”) are often being implemented before they are secured. Adding to the challenge, many executives are hesitant to share security intelligence with others—forgoing a powerful offensive tool against targeted, dynamic attacks. Click here to view and download the report.


    Paying Taxes 2014 – the global picture

    Paying Taxes 2014, the eighth edition of our joint annual report with the World Bank and IFC, is a unique study which investigates and compares tax regimes across 189 economies worldwide, ranking them according to the relative ease of paying taxes. Paying Taxes 2014 looks not only at corporate income tax, but at all of the taxes and mandatory contributions that a domestic medium-size case study company must pay. It considers the full impact of all these taxes in terms of both their tax cost and their compliance burden on business.

    Put our latest comparative global tax study to work for you. Explore our powerful new interactive data modeller — and watch the data unfurl on business tax systems across 189 global economies.


    Vin Colman Builds PwC’s Assurance Practice

    Assurance Leader Vin Colman shares his plans to build upon our success and lead our Assurance practice in 2014 and beyond. Vin discusses the bedrock nature of our audit work and points to the importance of our corollary assurance work in areas such as sustainability, cybersecurity and board governance, which both strengthens the practice and provides an important foundation for audit quality. In personal and compelling terms, Vin highlights the need to re-energize the discussion around work/life flexibility and to develop a PwC Experience that can meet the unique needs of all our people.

    Get the full scoop at "Vin Colman Builds PwC's Assurance Practice" from Accounting Today.


    We hope you find this information useful. Please contact us at pwc.university.relations@us.pwc.com if we can be of assistance to you.

    Best Regards,

    Julie Peters
    US University Relations Leader

  • January 2014

    Dear Educator:

    Happy New Year and welcome back to campus! We hope you had the opportunity to relax and recharge over the winter break.

    This month we are pleased to highlight our recognition by FORTUNE and a recent Knowledge@Wharton interview with US Chairman and Senior Partner, Bob Moritz. We also feature our 17th Annual CEO Survey, our 365TM app, and our Cyber Security Videos. Additionally, we share our Emerging Technology Blog and several new publications including Accounting for Income Taxes 2013: Hot Topics, Our focus on audit quality: 2013 report, 10Minutes on service provider transparency, and Key considerations for board and audit committee members.


    PwC named to FORTUNE’s “100 Best Companies to Work For” List for tenth consecutive year

    We are very proud to have been once again recognized by FORTUNE as a Best Company to Work For. To view the press release, click here.


    Bob Moritz: ‘Diverse Teams Give You the Best Thinking’

    Bob Moritz, our US chairman and senior partner, recently spoke with Knowledge@Wharton about the experiences that have shaped him as a leader and the importance of financial literacy in nurturing the next generation of leaders. To read the interview, click here.