PwC study: $24 billion trapped in net working capital in 2018

PwC study: $24 billion trapped in net working capital in 2018

Opportunities for cash release from working capital in the 2018 fiscal year would be more than $11 billion, according to the latest findings of PwC Vietnam.
Smart risk protocols for a digital age

Smart risk protocols for a digital age

Risk management experts are facing a critical moment. While many technology risks are not new, faster adoption of digital initiatives could increase them beyond manageable levels. Pho Duc Giang, director of  PwC Vietnam Cybersecurity Ltd., looks into how business leaders could leverage efficient risk management to succeed in their digital transformation journey.  
Banking industry should aim at data governance to promote growth

Banking industry should aim at data governance to promote growth

The latest PwC survey shows that the role of CDOs is being gradually enhanced and they begin the first steps in data exploitation towards strategic goals.
Banks need to step up third-party risk management

Banks need to step up third-party risk management

The “Managing third-party risks under Circular 18” workshop in Hanoi highlighted third-party risk management.
PwC surveys how financial and tech firms navigate fintech landscape

PwC surveys how financial and tech firms navigate fintech landscape

PwC polled over 500 financial services and technology executives worldwide to figure out the factors that will determine the winners and losers of fintech.
PwC: Digital transformation should be part of a bigger strategy

PwC: Digital transformation should be part of a bigger strategy

Success in the digital era will depend on embedding the right tech, grow the right talent, and apply good governance practices, experts from PwC Vietnam say.
Growing a solid digital workforce from within

Growing a solid digital workforce from within

A new PwC global survey shows that the majority of workers want to learn new skills to improve their employability in the digital era. But what can companies do to help? Dinh Thi Quynh Van, general director of PwC Vietnam, offers some suggestions.
PwC global revenues up 7 per cent to $42.4 billion

PwC global revenues up 7 per cent to $42.4 billion

PwC firms around the world had gross revenues of $42.4 billion, up 4 per cent in USD on-year, with growth across all lines of business and major markets.
PwC: Considerations for HR leaders in the new era of work

PwC: Considerations for HR leaders in the new era of work

Companies should be proactive in upgrading workforce for the digital era while upholding their fundamental obligations to employees, according to PwC experts.
New Corporate Governance Code brings best practices to local businesses

New Corporate Governance Code brings best practices to local businesses

The Vietnam Corporate Governance Code of Best Practices is expected to raise the quality of corporate governance in Vietnamese public and listed companies.
PwC: market capitalisation of Global Top 100 set $21 trillion record

PwC: market capitalisation of Global Top 100 set $21 trillion record

The market capitalisation of the world’s 100 largest public companies has increased by $1.04 trillion, growing 5 per cent on-year, according to PwC.
New business definition eases M&A accounting

New business definition eases M&A accounting

Mergers and acquisitions (M&A) have become an important growth strategy for many companies. Yet before engaging in any such activity, companies will need to consider the financial reporting implications of the transaction. This requirement has become especially important following the latest amendments to International Financial Reporting Standard (IFRS) 3 Business Combinations, which will apply to acquisitions that occur on or after January 1, 2020.
IFRS 17 to impact financial statements of insurance companies

IFRS 17 to impact financial statements of insurance companies

A consistent accounting framework, with appropriate measurement models for different types of insurance contracts, is the key feature of the IFRS 17.
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