Forvis Mazars News

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?

Mazars’ record global revenues confirm strength of its international, integrated, multidisciplinary strategy

14/02/2023: 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).

C-suite insights from the Central and Eastern European region

At the end of 2021 we ran our annual C-suite barometer, surveying over 1,000 executives from around the world, including around 160 from the Central and Eastern European (CEE) region.

Cyber security: Is your safety net strong enough?

Cyber threats are all around us. This is not paranoia, it’s an unfortunate reality: every day brings new hacks, new data leaks, new embarrassment – and new costs, both financial and commercial. Nobody is spared. The attacks target companies large and small, as well as public-sector institutions and individuals. How can organisations protect themselves?

23.6. CEE webinar: Investing for social impact

Sustainable investing works best when it can demonstrate the volume of impact it has on an issue. Click below, register and join us and our speakers for the upcoming webinar we are preparing with Impact Partners platform and Slovak investment fund CB ESPRI.

Launch Celebration at the French Embassy in Belgrade on the occasion of expanding business and opening offices in Serbia

A reception was organized at the Embassy of the Republic of France for partners and friends of the French company Mazars, which hosted over 140 guests.

Time for action: Mazars C-suite barometer 2021

At the close of 2021, our C-suite barometer showed businesses were emerging from the pandemic with a sense of confidence and resilience. They were confident in their ability to respond to the trends ahead, expecting to transform their businesses and planning to invest. ESG is now firmly on the C-suite agenda and businesses are making public commitments on a range of ESG topics. But are businesses able to action their strategies?

Double digit growth reflects strength, balance and sustainability of Mazars’ integrated business model and strategy

2 February 2022: Mazars, the international audit, tax and advisory firm, today announces fee income of €2.1bn in its 2020/2021 financial year (1 September 2020 – 31 August 2021), representing a 12.3% increase (excluding forex impact of -1.6%) compared to the previous financial year. The increase in fee income comprises strong organic growth (9.4%), complemented by external growth of 2.7%.