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Netflix has suspended its service in Russia

Netflix, KPMG, PwC, AMEX sever ties with Russia

Netflix, a global streaming entertainment service, top accounting firms KPMG and PwC and financial services firm American Express are among the latest companies to cut ties with Russia as that country's conflict with Ukraine escalated.

Business • 07 Mar 22

The author of the report said that while the businesses avoided insolvency, they will need further support to repair their balance sheet

4,500 companies saved from going bust during pandemic

Government pandemic supports saved at least 4,500 Irish companies from going bust - an average of 50 companies every week, according to analysis by PwC which features in a report 'Act Now: From recovery to growth'.

Business • 08 Feb 22

PwC predicts that both orders and deliveries of new planes will increase, ending the year close to pre-Covid levels

Resilient aviation industry still faces Covid challenge

A new report says that despite the pandemic, a recovery is now underway across much of the aviation industry and this is expected to continue to gather momentum as the travelling public regain confidence and Covid moves from pandemic to endemic.

Business • 20 Jan 22

For sophisticated cybercriminals, the supplier ecosystem is viewed an attractive method to exploit weaknesses

Third party cyber risks 'a blind spot' for businesses

Third-party cyber risks represent a blind spot for businesses here and globally, according to a report which included a survey of businesses carried out by PwC.

Business • 11 Jan 22

Two thirds of companies said Brexit had hampered their business in the nearly two years since Britain left the EU

UK manufacturers positive despite Brexit and inflation

British manufacturers are optimistic that business conditions and productivity will improve this year despite most saying they have been hurt by Brexit and rising costs, according to an industry survey published today.

Business • 10 Jan 22

PwC staff who opt to work virtually full-time from a lower-cost location would see their pay decrease

PwC offers US workers full-time remote work

Accounting and consulting firm PwC told Reuters it will allow all its 40,000 US client services employees to work virtually and live anywhere they want in perpetuity, making it one of the biggest employers to embrace permanent remote work.

Business • 01 Oct 21

The FRC this week fined EY £3.5m for failing to challenge financial statements in its audit of transport group Stagecoach Group's in 2017

UK accounting watchdog to bolster audit governance

Britain's accounting watchdog said it plans to strengthen "significantly" its audit firm governance code, after a number of issues around audits of UK firms in recent years.

Business • 26 Aug 21

The new 771 jobs are part of a £40m investment in PwC's new Advanced Research and Engineering Centre

PwC to create 771 jobs in Belfast over next five years

Almost 800 jobs are being created in Belfast by professional services firm PwC over the next five years.

Business • 16 Jun 21

The report also proposes that consideration be given to the introduction of more specific measures and the expansion of existing tax relief measures for public transport costs as well as taxation of hybrid and electric vehicles

Tax incentives proposed by PwC to help 'green' economy

The introduction of a 'Help to Insulate' scheme, the promotion of Ireland as a 'green finance hub' and the use of environmental tax incentives are among the proposals being put forward by PwC in its Green Pre-budget submission.

Business • 03 Jun 21

Returns are harder to find in an era of low rates and investors are increasingly looking to the private markets, which will play a key role in providing the capital to get economies back to growth

Assets under management here to double in 5 years - PwC

Assets under management in private markets here are forecast to grow by over 14% on average every year over the next five years, according to an analysis by PwC.

Business • 13 Apr 21

63% of CEOs here surveyed by PwC believe that will result in taxation changes that will see the total tax obligation on their companies increasing

Two thirds of CEOs expect their firms will pay more tax

Almost two thirds of chief executives here believe that their companies will end up paying more tax as a result of policy changes to address rising debt levels arising from the pandemic.

Business • 12 Mar 21

Ireland rose to 14th place on the PwC Women in Work index from 18th place

Progress for women in work back at 2017 levels - PwC

A new study shows that progress for women in work could be back at 2017 levels by the end of 2021 as a result of the Covid-19 pandemic.

Business • 05 Mar 21

The requirements do not apply to Irish and UK nationals working in either country as free movement between both countries has been retained under the Common Travel Area agreement

Firms alerted to Brexit requirements for some workers

Irish companies employing UK nationals working in other EU member states are being alerted to changes arising from Brexit which mean that their employees are now subject to potential work permission requirements.

Business • 10 Feb 21

Boohoo has approved appointing London-based PKF Littlejohn as its new auditor

Boohoo replaces PwC with PKF Littlejohn as new auditor

Online fashion retailer Boohoo said today its board had approved appointing London-based PKF Littlejohn as its auditor, replacing long-time auditor PwC as a reshuffle of its corporate governance continued.

Business • 21 Dec 20

The report found that the prospects for real estate investment in Dublin remain favourable.

Dublin sixth most active real estate market in Europe

Dublin is the sixth most active real estate market in Europe for capital invested, according to a report by PwC and Urban Land Institute.

Business • 02 Dec 20

Ireland could see 6,000 new jobs as a result of global asset managers moving more business here - survey

Global asset managers to relocate more business here

Two thirds of global asset management leaders say they intend to relocate more business to Ireland in the years ahead.

Business • 16 Nov 20

Boohoo is rejigging its corporate governance apparatus following a report into working conditions at its suppliers

Boohoo starts search for new auditor as PwC to quit

PwC will not compete to be the new auditor of online fashion group Boohoo, confirming media reports of a shift as the company rejigs its corporate governance apparatus following a report into working conditions at its suppliers.

Business • 19 Oct 20

The survey also found that the cost of fraud can be significant

Cybercrime levels at Irish firms double global peers

More than half of Irish firms have experienced fraud in the last two years, a new survey has found.

Business • 10 Sep 20

TWSS 'cornerstone' of Covid-19 response - Donohoe

Minister for Finance Paschal Donohoe has said changes are coming to corporation tax globally and that this will have repercussions for Ireland.

Business • 30 Jul 20

Call for more supports for SMEs post Covid-19

Call for more supports for family run-businesses

The Government has been urged to be imaginative in the steps it takes to help SMEs and family-run businesses emerge from Covid-19.

Business • 07 Jul 20

Most of the Irish CFO respondents felt we were at least a year away from a normalisation of the economy, the PwC study found

Irish finance chiefs more downbeat on recovery prospect

Irish finance professionals are more pessimistic about how long an economic recovery might take than their counterparts elsewhere, according to a survey carried out by PwC.

Business • 17 Apr 20

82% of CFOs said the Covid-10 outbreak has the potential to 'significantly' impact their businesses

82% of CFOs say virus will significantly hit operations

A new survey shows that chief financial officers are increasingly worried about the ramifications of the Covid-19 pandemic, with 82% saying the outbreak has the potential to significantly impact their businesses.

Business • 06 Apr 20

Fianance Minister Paschal Donohoe was speaking at an event at Chartered Accountants Ireland

Donohoe signals cut to growth outlook over coronavirus

The Minister for Finance has said that, given the openness of the Irish economy, it is inevitable that we will be impacted by the slowdown arising from the coronavirus outbreak.

Business • 05 Mar 20

Just 16% of SME food firms believe that economic growth in Ireland will improve in the year ahead

88% of Irish SME food firms expect revenue growth

A new survey shows that 88% of Irish food companies expect revenue growth in the year ahead, with 34% of these companies expecting revenue growth of over 10%.

Business • 03 Dec 19

It is part of significant growth plans for PwC in Northern Ireland over the next five years

PWC to create 600 jobs in Northern Ireland

More than 600 skilled jobs are to be created by professional services company PwC in Northern Ireland.

Business • 27 Nov 19