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Asia-Pacific

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Africa and Middle East

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COVID-19: Mazars responds

Below you will find information from different Mazars’ country offices in response to the consequences of COVID-19. We remain fully committed to serving our clients and caring for the safety and wellbeing of our people and our communities at this time. If you need assistance, please get in touch with your usual point of contact at Mazars. This content will continue to be updated.

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Coronavirus (COVID-19) and employer obligations

We are receiving many enquiries from clients regarding the obligations on employers where their employees or their business is being affected by COVID-19. This is an unprecedented situation we are all in, and not one which employment law has previously been required to address. It is fair to say that what is being required of employers is to apply the existing employment regulation to a novel set of circumstances that were not contemplated when the Fair Work Act, 2009 and other regulatory documents were created.

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Deferring Qld Payroll Tax Payment due to coronavirus (COVID-19)

With the outbreak of COVID-19 the Qld Government has announced a relief package for businesses affected by the coronavirus allowing them to defer paying payroll tax until 31 July 2020.

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News Bulletin 04 - Week 2 March, 2020

Amid the COVID-19 pandemic, the Vietnamese government are making planning for not only an economic recovery post COVID-19, but also to stimulate economic growth after the outbreak is over. Despite obvious challenges, businesses are still asked to ensure uninterrupted economic activities to maintain national economic development even as the pandemic is spreading globally.

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Covid-19: Task Force - How to apply for the emergency aid measures decided by the Federal Council?

With the tightening of measures against the Covid-19 virus (coronavirus), the Federal Council calls for solidarity and unity in Switzerland. For this reason, it has set up emergency financial aid by deploying up to CHF 10 billion for emergency assistance to maintain jobs and the economy in the face of the pandemic.

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COVID-19 update

Dear business partners, A state of emergency has been in effect in the Czech Republic since 12 March in connection with the spread of the SARS-CoV-2 coronavirus. We can assure you that, even in these difficult times, we will meet all our obligations. Our teams are working through remote access and are thus ensuring the continual work on all our assignments.

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Investing in CEE report

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Covid-19 update

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Covid-19: Mazars’ response

Since the beginning of the crisis, Mazars has been closely monitoring and taking action against the Coronavirus situation, in order to prepare and respond as necessary, wherever we operate in the world.

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Beyond the GAAP no.141 - February 2020

Following the announcement of the first results for 2019 in February, companies that have not yet closed their accounts need to consider the potential implications of the current coronavirus epidemic for the disclosures required in the notes on events after the reporting period in accordance with IAS 10, as some market regulators have just recalled.

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Investing in CEE: Inbound M&A report 2019/2020

The M&A market in Central and Eastern Europe (CEE) had a robust 2019 year, displaying resilience in the face of global economic headwinds, according to new research from Mazars in association with Mergermarket. The report, 'Investing in CEE: Inbound M&A report 2019/2020', offers an overview of inbound M&A activity in the CEE region throughout 2019 and looks ahead to the opportunities and challenges in the coming months, notably in the context of the ongoing Covid-19 outbreak.

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News Bulletin 03 - Week 1 March, 2020

With the coronavirus epidemic continuing to negatively impact businesses and slowing local manufacturing, the government has taken steps to improve the situation by launching support packages to spur on businesses’ performance and continuous economic growth.

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Mazars shares results of its International Women's Day survey

For several years now, Mazars has championed gender diversity throughout its worldwide organisation, as not only is it a concern for modern societies, but it is also a proven condition for business and organisational performance.

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Central banks make slow progress on gender diversity

London, 5 March: Central banks and other official financial institutions are implementing measures to improve gender diversity within their ranks, but still count too few women in senior roles.

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Gender Balance Index 2020: Driving diversity

Gender balance in central banks is improving but progress is slow, reveals index and report from Mazars and the Official Monetary and Financial Institutions Forum (OMFIF). The OMFIF Gender Balance Index tracks the presence of men and women in senior positions at central banks, sovereign funds and public pension funds. The study, now in its seventh year, scores and ranks institutions based on gender balance in their management and boards.

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Global Payroll Software Solutions

With Forvis Mazars’ global payroll management platform PayWorld, powered by Payzaar, we bring our customers state-of-the-art technology innovation to help optimise their payroll operations.

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News Bulletin 02 - Week 2 February, 2020

The Covid-19 epidemic continues to dominate headlines and this week is no different. The epidemic is forecast to continue causing severe damage to many industries and economies in Vietnam and around the world. Let’s take a look at some of the latest news on the business and economic impact in the context of Covid-19 for Vietnam!

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Information Covid-19

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Meet our Real Estate Experts at MIPIM 2020

Once again Mazars will be present at MIPIM, the world’s largest real estate exhibition and conference taking place on 10-13 March 2020 in Cannes, France.

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Beyond the GAAP no.140 - January 2020

The year 2019 drew to a close with the publication of an exposure draft proposing significant changes to the presentation of IFRS financial statements, particularly the statement of comprehensive income. Consultations will continue in the new year, with many projects listed in the IASB’s work plan. For example, in March, the IASB is expected to publish a Discussion Paper on goodwill and impairment. While the IASB is unlikely to propose the reintroduction of amortisation of goodwill, it is expected to make proposals aimed at improving disclosures in the notes and reducing the cost of impairment testing.

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Global Mobility Alert April 2019

Welcome to the April 2019 issue of our Global Mobility Alert. In this issue we offer several articles about actual and relevant issues that are affecting the international workforce of multinational organisations.

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Climate change and banking - action, not words

One day ahead of the UN Climate Action Summit in New York, 22 September 2019 – The United Nations launched the Principles for Responsible Banking with the sign up of 130 international banks, collectively holding more than USD 47 trillion in assets.

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How can Forvis Mazars help?

In response to the major threat posed by the climate emergency to financial stability, central banks and supervisory authorities are increasingly focussing on incorporating climate risk criteria when assessing and stress testing financial institutions. In addition, several initiatives such as the UNEPFI Principles for Responsible Banking and the Task Force on Climate related Financial Disclosures (TCFD) are gaining momentum, encouraging the scaling up of green financing. At Forvis Mazars, we can support financial institutions in responding to regulatory expectations, adhering to sustainability principles, and more broadly, navigating the complex risks and make the most of opportunities emerging from sustainability and climate change.