At the end of February 2018, all the major European banks published information on the impact of the implementation of the new standard IFRS 9. IFRS 9 introduces numerous changes (classification, impairment, hedging, etc.). Their impacts at the transition date vary widely from one bank to another. They are negative in most cases, but for some banks are virtually nil or even positive. The indicators used are also variable: though the impact on the CET1 ratio is a firm common indicator, the level of further detail reported varies significantly from one institution to another.
At Mazars, more than ever, we believe that businesses can thrive only by creating shared value for all their stakeholders. Publishing our 2017 Yearbook is a way to take stock of what we have achieved this past year.
As a part of our 2016-2017 Annual Report, it also aims at providing a clear and global image of who we are and how we prepare the future. From open innovation to stewardship, from the future of the audit profession to our teams' perspective on the future, we have chosen to shed light from various angles on the notion of transformation.
To celebrate the global water day, Mazars is glad to share the key results of the latest Mazars global water survey, focusing on the global water risks.
Cyber environment is a conditional environment where the exchange of information occurs by means of computer networks.
We would like to draw your attention to the new Federal law №290-FZ dated July 3, 2016 amending the previous Federal Law №54-FZ dated May 22, 2003 "On the use of cash registers (CR) for cash payments and/or payments by credit cards" (hereinafter – Law on Cash Registers).
In the Russian Federation companies should submit financial and statistical reports to statistics authorities. In 2016 penalties for non-submission of reports were increased as well as the number of statistical forms. There are more than 200 reports with different dates for submission.
2014-2015 was a remarkable year for Mazars, with an outstanding 15.9% growth and a 1.25 Bn € turnover, proving its robustness and resilience in a fast-transforming world. The Group also celebrated the 20th anniversary of its international integrated partnership, a unique model which has allowed Mazars to become an influential challenger in the audit, accounting, advisory, tax and legal services industry, present on all continents.
Article published on 4 June 2015 in the French weekly magazine "Challenges".
AEB Business Quarterly Magazine (Spring 2015): Lubov Gribanova, Corporate Compliance and Migration Manager, Tax & Legal Department of Mazars, presented her article on «Employment contract with a foreign employee – new rules».
Getting to the C-suite has never been an easy journey for women. As someone who heads up the Russian office of Mazars, Florence Pinot, has first hand experience of what it’s like to be a female leader in a predominately male business sector.