Are public projects doomed to failure from the start? – Transformation Assurance

Public projects have a bad reputation. Is it deserved, or more a matter of expectations and the way success and failure are defined? In this critical review we take a close look at what makes public-sector IT and transformation projects different from those in other areas, the specific challenges they face, and tried-and-tested approaches to making them a success. Read more…

Contact

Marc Lahmann
Director and Leader Transformation Assurance
+41 58 792 27 99
marc.lahmann@ch.pwc.com

Enhanced auditor’s report: towards trust and transparency

The new auditor’s report required by Swiss legislation is designed to be more informative and insightful, and give the stakeholders of reporting entities greater assurance. We at PwC welcome the new reporting requirements as an opportunity to unlock the ‘black box ’of what we actually do as auditors and increase trust in our role.

We also realise, though, that the new reports and their potential impact on governance have to be discussed and understood – not only by the auditors who produce them, but by reporting entities and their stakeholders, from shareholders to regulators. For this reason we’ve produced a short flyer explaining the major changes and their implications, including a commented overview of the structure of the new report.

You can read the flyer via the link below. Feel free to contact us if you’d like to discuss the new auditor’s report and its implications in more detail.

Download flyer

 

Are large-scale transformation initiatives doomed by default?

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Against a backdrop of ubiquitous change, successful transformation is essential for survival in a highly dynamic and competitive environment. However, there is overwhelming evidence that most such initiatives end in some degree of failure. We examine the trends and forces driving these processes and the factors crucial to their success.

Read more …

Can AGILE enable a full scope transformation approach and realise expected benefits more successfully?

Agile project and programme delivery might be perceived as a silver bullet. However, while some organisations have achieved good results adapting agile practices, others have been struggling to cope with the multiple challenges related to agile delivery – especially at scale. Making it a success requires rethinking the way an organisation manages inevitable change, and above all, it means embedding agile practices in a full scope organisational transformation approach. If an organisation can get it right, the rewards are potentially immense: reduced time to market and rapid realisation of outcomes with highest value and benefits for your customers.

Read more…

Benefits management – more than a mere buzzword in today’s demanding and changing business environment?

Embracing the need for change is only half the battle. Securing long-term success hinges on understanding the outcome of transformation programmes and getting the most out of what has been achieved. Although wrongly dismissed by some as a mere buzzword, benefits management is in fact of pivotal importance in properly harnessing results and exploiting their potential to the full.

Read more…

US Swiss Webcast – Doing business in the United States

Doing business in the United States has always presented unique opportunities and challenges for Swiss companies. The investment, financing and tax environment is an important field and several US tax developments will impact Swiss companies doing business in the US.

Get access to the recording of this webcast through the link below.  Join an insightful discussion on the current US issues facing you and your peers — tax directors, CFOs and investors of Swiss companies doing business and investing in the US via US operation and subsidiaries.

Title: US Swiss Webcast – Doing business in the United States
Date:  6 July 2016
Time:  11:00 Eastern/ 17:00 CET – 60 minutes

Online recording

These and other questions will be addressed during our webcast, which we cordially invite you view:

  • US competitiveness in a global economy
    What do foreign investor,CFOs, tax directors of US inbound companies have to say?
  • Section 385 proposed regulations
    On April 4, 2016, the Internal Revenue Service and US Treasury Department proposed regulations under Section 385 targeting related party funding transactions. Their implication is so broad, that many routine corporate treasury activities could have profound impact on how US inbound companies deploy and manage cash. The proposed rules do not only impact US groups but also US inbound companies. Do you know how you could be impacted?
  • US double tax treaty update
    What protection does the double tax treaty give Swiss companies investing in the US? In the light of the international developments on OECD and EU level, what changes are to be expected considering the new draft of the US model tax treaty?
  • US federal and state audit issues
    Treaties may not protect you against US state taxes; what other trends do you need to know about?
  • US tax reform: To be or not to be?
    With the presidential campaign ongoing, how realistic is a US tax reform considering the candidates and political environment. Many voices call for a US tax reform but what are the chances for success? How would a US tax reform impact foreign companies operating in the US?

We look forward to welcoming you online.

To access the webcast (via PC or Mobile device) – click on the following link to open the recording of the webcast:

Online recording

Complete the required registration fields and select “Submit”. The webcast will open to enable you to view the recording of the presentation.

Audio for this webcast will be heard through your computer speakers.  If you have problems hearing audio, please get in touch with Marcus Lier.

Speakers of this webcast

Céline C. Jundt
Swiss Tax Desk New York
+1 646 471 61 38
martina.walt@ch.pwc.com

Oren Penn, Principal
Washington National Tax
oren.penn@us.pwc.com

The Financial Market Infrastructure Act (FMIA) – Impact on Swiss entities outside of the financial services sector

FinFraG1The Swiss Parliament has adopted the Financial Market Infrastructure Act (FMIA) on 19 June 2015. The Ordinance to the FMIA issued by the Federal Council was published in its definitive form on 25 November 2015. The law including the ordinance enter into force as of 1 January 2016 and regulate amongst others derivatives trading. Besides traditional financial institutions, the new law impacts Swiss entities outside the financial service sector (so called ‘non-financial counterparties’) if they are involved in derivatives trading (even a single derivative trade can trigger the corresponding obligations). The attached document is focussed on the implications of the new law on Swiss entities outside the financial service sector and gives you an overview of the main duties of FMIA for your company. For further questions we are at your disposal.

Read more here.

For further questions Stefan Wüest, Patrick Frigo, Martin Liebi and Toby Mepurathu are at your disposal.