News Update from Forvis Mazars Global
Insights
Forvis Mazars News
You will find here a series of summaries providing an overview of useful regulations, processes and issues for Doing Business in Thailand.
Sustainability practices stocktake: how banks and insurers have progressed
Financial institutions have a leading role to play in shaping our sustainable future, and a strong need to reboot and shift to a more responsible finance model. As a core component of the economy, they bear the responsibility of upholding rigour and resilience in their risk management. With time running out to achieve a move towards nature-positive outcomes, what sustainability progress have banks and insurers made?
Mazars and FORVIS to form unique new top 10 global network
15 November 2023 – Mazars, the leading international audit, tax, and advisory firm and FORVIS, the eighth largest public accounting firm in the United States, today jointly announce they will create a new, top 10 global network[1], effective 1 June 2024. The new network will position both firms for continued global growth by expanding their capabilities to serve clients, especially those with international needs.
Sustainable, smart, and synchronised: using technology to accelerate the ESG transition in the consumer sector
Mature markets are experiencing a shift in consumer demand patterns as consumers move away from traditional products and services towards those consistent with environmental, social, and governance goals. Our study ‘Sustainable, smart, and synchronised’ explains how consumer companies can harness ESG and digital transformation to thrive in this changing environment.
APAC C-suite barometer: outlook 2023
Following three years of pandemic woes, the world is finally transitioning to normalcy. In Asia Pacific (APAC), the positive effects of the transition have been palpable. While there is no shortage of challenges, including inflation and high energy costs, APAC executives are confident of their growth prospects in the near future. They are proactively taking steps to tackle ongoing challenges, while building up their IT resilience in the medium term by giving priority to transforming company IT and technology.
C-suite barometer 2023: ESG insights
With sustainabilty rising to the top of the C-suite agenda for planned investment, our C-suite ESG insights reports explore the current sustainability trends, priorities and challenges for businesses.
A time of transformation Public and social sector study 2023
The public and social sector is in a time of transformation. Expectations of organisations in the sector are higher than ever while financial constraints and regulatory burdens are increasing.
Financial reporting of European banks: benchmark study 2023
How are Expected Credit Losses of European banks impacted by increasingly common unprecedented events? In recent years, the banking sector has had to endure numerous crises, including the Covid-19 pandemic, the war in Ukraine and the subsequent global inflation. What do the 2022 annual results of the 26 largest banks in Europe indicate about the impact on Expected Credit Losses (ECL) in this unusual environment?
Acting now for what’s next: 2021/2022 annual report
As the world continues to navigate change, societal expectations are shifting, and organisations must keep up with the growing call to transform their operations to be more sustainable, comply with increasing regulations and meet new quality standards. At Mazars, we are prepared to not only rise to the challenge and invest where it counts for our firm and people, but also to support our clients within this evolving landscape to make the decisions that will set them up for success.
IFRS 16 : key points of the lease standard
Mazars Insight "IFRS 16: key points of the lease standard, in 80 questions & answers" gathers and pedagogically presents all the knowledge necessary for the accounting of leases.
Mazars’ record global revenues confirm strength of its international, integrated, multidisciplinary strategy
14 February 2023: Mazars, the international audit, tax and advisory firm, today releases its global financial results for the 2021/2022 financial year, highlighting double-digit year-on-year growth of 16.4%, reaching €2.45bn in fee income. The increase in revenue comprises strong growth across all regions and services, both audit and non-audit (full details below).