How to reboot your supply chain

We are at the brink of what is very likely to become the largest bullwhip effect ever seen by supply chain professionals. Every business on the globe will be affected. Which key actions can you take in these moments of crisis to help you get your supply chain back on track and counter the furious fluctuations in supply and demand?

Cybersecurity Tips for Securely Working From Home

The spread of COVID-19 has changed the IT process for many organisations, the main change being employees working from home at a much larger scale than ever before. The move from a trusted organisation IT environment to working remotely via home or public networks can create security risks that were not previously top of mind.

Valuation Considerations Amid the COVID-19 Crisis

The World’s economic activities have become severely affected since February due to the outbreak of COVID-19. Governments have imposed travel bans, quarantine measures and various business operating restrictions to limit the spread of the virus. This has resulted in unprecedented elevated market volatilities. Stock market indices fluctuations of +/-10% daily are not uncommon. In valuation practice, volatility is translated as risk and a key parameter in pricing an asset. However, quantifying such risk is challenging as the situation is still developing, and there are no clear indications as to when the pandemic will subside.

Valuation Guidelines for Private Equity and Venture Capital

In response to the increasing demands for building consensus within the valuation industry, various valuation guidelines have been developed to suit different purposes, and to cater different needs. Among them the International Private Equity and Venture Capital Valuation (IPEV) Guidelines and International Valuation Standards (IVS) are two of the most widely adopted standards in the private equity investments and accounting practices respectively.

Shifting gears

With business moving at an unprecentended pace, many company leaders fail to slow down and thoroughly review all of the challenges and opportunities, large and small, that could impact their organisations’ future success. There’s barely time to complete daily tasks, much less set aside a few hours (or even minutes) for strategic reflection.

Customer Experience in 2020

Customer experience has changed dramatically since the proliferation of digital technology. Consider some day-to-day examples in our lives - we now have self-checkout at grocery stores, ATMs are replacing the need for bank tellers, online shopping has made it so you don’t have to make eye contact with the floor sales associate, and you can now even place your coffee order via a voice command on a smart device. With these changes, the traditional touch points (i.e. face-to-face interactions), which had the greatest influence over customer experience in the past, have shifted. Now, in the digital age, the way in which you satisfy your customer has also had to evolve.

French wealth tax for non-residents

In 2018 France replaced its previous wealth tax with a wealth tax that applies to real estate assets only, the so called “IFI” (Impôt sur la Fortune Immobilière). There was some uncertainty initially around the question of deductible debt and the qualification of exempt real estate assets. This note sets out the current position two years on since the introduction of the IFI.  
 

5 Emerging Trends in Energy, Mining & Renewables

With increased emphasis on corporate social responsibility and digitalisation in business, companies within the Energy, Mining and Renewables industries are expected to be acutely aware of these trends that are impacting their industry. Our global leaders from within these industries have outlined the 5 emerging trends they expect to see over the next 12 months and through to 2021.
 

Data Science in Professional Services

These days, it seems everyone is talking about "data" in some form or fashion. Breaches and privacy command most of the headlines, but analytics is generating buzz in the professional financial services industry, as more firms explore ways to put data to work for their organisations and clients. 

IFRS and its impact on Lessees

The International Accounting Standards Board (IASB) issued IFRS 16 Leases on 13 January 2016. Revising the lease accounting requirements was first added to the IASB’s agenda in 2006. Since then, several exposure drafts have been issued and hotly debated. Now that IFRS 16 has been released, our team looks at the key implications for leases and lessees.

 

Big data and big oil

Few industries need and produce richer, greater volumes of data than oil and gas: terabytes of the stuff from the geological exploration and appraisal process; the complex modelling and measurement applied to daily onshore and offshore active operations;  the electronic brains behind the delivery of cargoes, coordinating the thousands of tankers and pipelines taking the raw product from field to refinery; and then, of course, the digital monitoring and sensors needed to support the refining and processing of the crude and gas into petroleum and LNG.

Information Risk Management Best Practices in an Emerging Technological Landscape

From CEOs to college students, cybersecurity is on everyone’s radar; and cyberattacks aren’t disappearing anytime soon. For businesses, these incidents are inevitable. It’s not a matter of if a breach will occur but when. Therefore, it’s critical that companies continuously evaluate their cybersecurity tools and processes to help prevent, detect and manage the repercussions of a cyberattack.

Innovation in a change resistant industry

The professional financial services industry—and accounting in particular—is in a perpetual state of change. Evolutions in consumer behaviour, continuous advances in technology, and competition in myriad forms are threatening the health of any firm that fails to adapt.
 

Moore Global Responds to the OECD

Moore Global responds to the OECD consultation document 'Secretariat proposal for a "unified approach" to Pillar One'.

Moore Global appreciates the work that has been carried out by the OECD in this area to date and welcomes the opportunity to provide its comments and views on the complex area presented. 

Cybersecurity and Business Sustainability

Gone are the days when old-fashioned competition between companies was the biggest threat facing organisations; today, cyberattacks pose one of the most formidable challenges any business will encounter. For proof, you need look no further than news headlines, which are routinely peppered with reports of massive data breaches and cyber hacks at some of the country’s largest corporations.

Andy Armanino to succeed Richard Moore as Moore Global chairman

After 15 years as Chairman of the leading international accountancy and consulting network, Moore Stephens International, now Moore Global, Richard Moore today announced his decision to step down at the end of 2019. During Richard’s period as Chairman, which began in 2004, the network has grown its combined revenues from around USD 600m to around USD 3bn, extending its global coverage to more than 110 countries. Richard will remain an active member of the network through Moore Family Office Limited, specialising in advising international private client families

Moore: Helping you thrive in a changing world

From Monday 9 September 2019, global accounting and consultancy network Moore Stephens relaunches our brand to become ‘Moore’. The unveiling of a new logo, visual identity and brand positioning marks the continued evolution of a network of more than 260 independent firms in 112 countries and a client-focused professional community of more than 30,000 people.

How incremental innovation can drastically help your business

Not all innovation involves large, drastic organisational changes to your business, in fact incremental innovation can be just as effective and can add huge value to your business with minimal impact on the expense items in your P&L. Karen Franks, Director of Innovation, Entrepreneurship and Learning, at Moore Stephens Australia outlines the 6C's for implementing incremental innovation into your business.

Sale and leaseback transactions and IFRS 16 implications

The turmoil in the shipping and financial markets since 2008 has resulted in a significant decrease in funds available for borrowing and has led shipping companies to seek alternative methods of financing for the acquisition of vessels such as the sale and leaseback option. With the adoption of IFRS 16 from 1 January 2019, Panos Drakoulakos details how this will impact sale and lease backs as an alternative financing method.

New Director of Quality for Moore Stephens International

Lesley Byrne, an experienced regulation expert and chartered accountant is to join Moore Stephens International as Director of Quality. In her role, Lesley will be responsible for ensuring member firms of the Moore Stephens network deliver high standards of professional quality through review, guidance and support. She will lead a global team of outstanding senior technical experts working directly with Moore Stephens’ firms in more than 100 countries.