While bancassurance is a booming business, proper supervision of the holding entity and its subsidiaries is required in order to be well managed. It is fundamental to grant effective disclosure of key information between the banking and insurance counterparties and to harness synergies between the two. Leveraging from our strong position and expertise in the European financial services advisory market, Mazars was able to survey the bancassurance industry.
“The purpose of communicating key audit matters is to enhance the communicative value of the auditor’s audit report by providing greater transparency about the audit that was performed.” To provide “additional information to Intended users of the financial statements, to assist them in understanding those matters, that, in the auditor’s professional judgment, were of most significance in the audit.”*
Mazars’ hospitality community, together with international experts, are pleased to launch our Global Study on AI in the Hospitality Industry
Mazars automotive expert community, together with the industry experts from IHS, are pleased to present the 2018 global study on sustainable mobility.
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.
Our previous report, published last year, called on leading entities to take a cautious approach in 2016, in particular because of the state of order books at the end of 2015.
This caution has been confirmed by a year that saw the consolidation of business by leading construction companies: a decrease in activity and a slight margin improvement, reflecting a refocus on core business activities and greater selectivity.
Digitalisation is changing the way retailers sell goods and services, as well as the way that customers purchase them, bringing a multitude of opportunities and new risks.
Setting the right corporate tone from the top is seen as by far and away the most effective way to influence the culture in today’s businesses. Lead by example, and others will follow that lead. But research among European company board directors reveals that this belief is not being reinforced by action on how their businesses behaves.
In 2016, real estate investment in Europe fell by 9% by comparison with 2015 to €230 billion, but the listed real estate companies in our sample nevertheless achieved excellent financial performances.
Mazars carried out a study on the Key Audit Matters embedded in the auditor's report (2014 and 2014/2015 reports) for FTSE 100 companies in the UK.