News Update from Forvis Mazars Global

You will find here a series of summaries providing an overview of useful regulations, processes and issues for Doing Business in Thailand.

APAC C-suite barometer: outlook 2023

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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.

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C-suite barometer 2023: ESG insights

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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.

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A time of transformation Public and social sector study 2023

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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.

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Financial reporting of European banks: benchmark study 2023

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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?

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Acting now for what’s next: 2021/2022 annual report

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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.

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IFRS 16 : key points of the lease standard

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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.

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

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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).

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Mazars’ C-suite barometer 2021 in APAC

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At the end of 2021, our annual C-suite barometer surveyed over 1,000 executives around the globe, including around 200 from the Asia Pacific (APAC) region. The research reveals the latest issues and developments that our clients in the APAC region are facing, allowing us to respond to their opportunities and challenges and support their businesses.

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Time for action: Mazars C-suite barometer 2021

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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?

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Supporting people in an indefensible war

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It has been over a week now that we have been horrified by the dramatic and shocking events following the invasion of Ukraine by Russian state troops, which have led to a serious war situation in Europe. A week where we have watched our staff running from their bombarded office or homes to find a shelter; or escaping with their children and families to reach neighbouring countries where other Mazars colleagues offer hospitality. We are appalled by the humanitarian tragedy and the major threat this violation of international law poses to peace in Europe and beyond.

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