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Findings from PwC’s Annual Global CEO survey show only slightly more than a third (35%) are very confident of their own company growth in the coming year, down four points on last year (39%), and even one point below 2013.
The latest, long expected IFRS 16 standard issued on Wednesday, 13 January 2016, introduces obligatory accounting for an operating lease on the balance sheet. This regulation will be effective as of 1 January 2019 and could significantly influence the financing of the purchase of assets for around 100 companies in Slovakia reporting under IFRS, as operating leases will lose their advantages and will be accounted for in the same way as financial leases.
PwC Slovakia retained its position as the largest consulting firm on the Slovak market for the third year running according to the TREND weekly. With revenues of more than EUR 41 million in 2014, the firm recorded 23% growth year-on-year. PwC Slovakia is the auditor for 38 firms in the TREND TOP 200.
According to the findings of the 10th edition of Paying Taxes compiled by the World Bank Group and PwC, electronic tax filing and payments were the most common tax reforms undertaken by countries worldwide during the past year.
Global megatrends and disruptions are shaking up nearly every aspect of the automotive industry. In this short paper, we’ve focused our attention on some potential future market scenarios, based on the possible impacts of two of the industry’s critical uncertainties.