PwC Mauritius was invited by the Institute of Certified Public Accountants of Kenya (ICPAK) to participate in the second Annual Financial Innovations & Emerging Issues Seminar, held in Mauritius.
The theme of the discussion for this session covered: Accounting for Tomorrow's Possibilities.
The event gathered leading players and thought leaders in the industry – uniting stakeholders from the public sector, business end-users, financial and technology services organisations, NGOs and Fin-Techs to discuss and explore key issues and opportunities today.
Three PwC Advisory Partners namely: Jean-Pierre Young, Rajeev Basgeet and Vikas Sharma led 3 sessions over the 2 days. The conversation below summarises what topics our Partners covered.
In his session, Jean-Pierre Young spoke how the intelligent automation has the power to change the world. Artificial intelligence (AI) has changed the future of the finance function by enhancing performance, improving reporting and business decision capabilities. He also shared on how the intelligent automation has given the power to learn from prior decision and data patterns to make decisions by themselves - giving the finance leader time to focus on the strategic area to drive the business forward.
Rajeev Basgeet covered the key issues that are currently on top of CEOs' mind, based on the recent 22nd Global CEO Survey.
Rajeev discussed the challenges public and private business leaders foresee and opportunities that may exist in the current global context, with a focus on the future of their business in Africa. The discussions also included how accountants should continue to be relevant as a way to serve the purpose of societal needs for today and tomorrow.
The CEO Survey is an annual publication published by PwC. This year the more than 1,300 Global CEOs from 91 territories shared their views on economic growth and potential business growth in changing environment landscape, including some Africa centric responses.
Connect with Rajeev Basgeet by Email
Vikas Sharma spoke on “Cybersecurity and Digital world risk that cannot be ignored”.
During the session, Vikas shared how organisations can look for ways to get a better handle on how to oversee cybersecurity risk. As companies pivot towards a digital business model via new digital channels, automation and advanced technologies, information became the lifeblood of today’s interconnected business ecosystem and is increasingly valuable to organisations—and skilled threat actors.
During his session, Vikas Sharma shared real life examples, both in Mauritius and regionally. These were real eye openers for the audience on how organisations can be a target for potential damage or breach. He further explained and what is required by businesses to stay on top of complex and dynamic risks.
The Annual Financial Innovations & Emerging Issues Seminar, now in its 2nd year, will gather leading players and thought leaders in the industry – uniting stakeholders from the public sector, business end-users, financial and technology services organizations, NGOs and Fin-Techs to discuss and explore key issues and opportunities today. Participants will also learn new ideas, trends and best practices in accountancy, financial management and leadership.
Advisory Leader, PwC Mauritius
Tel: +230 404 5028
Partner Business Recovery Services & Forensics, PwC Mauritius
Tel: +230 404 5148
Partner, PwC Mauritius
Tel: +230 404 5015