Association for Foreign Investment

PricewaterhouseCoopers ČR

Business

PricewaterhouseCoopers (www.pwc.cz) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 155,000 people in 153 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

Our people - Czech nationals and international staff seconded from over twenty countries - have a deep understanding of the local business environment and the ability to deliver best practice solutions for our clients' complex business problems.

Our Services Include:

• Audit, accounting, dispute analysis and forensic investigation
• Risk management and information technology solutions
• Tax and legal services
• Human resource services
• Financial advisory services, including mergers & acquisitions, business recovery, project financing

Services offered

Assurance & Advisory

• Audit
  Audit or review of financial statements prepared under the Czech accounting legislation, International Financial Reporting Standards (IFRS) or other generally accepted accounting principles (e.g. US GAAP), conducted in accordance with the Auditing Standards of the Czech Chamber of Auditors (ASCCA), International Standards on Auditing (ISA), US GAAS or other auditing standards; audit or review of group of reporting packages; corporate governance; accounting advice in the area of US GAAP, UK GAAP, German GAAP and GAAP in other countries; implementation and interpretation of IFRS (including training financial staff); new Basel Accord advisory.
• Transaction Services
  Target identification; due diligence; tax-efficient deal structures; minimisation of goodwill recognition; negotiation support; closing; post deal services.
• Investigations & Forensic Services
  Investigation of suspected fraud; dispute resolution; quantum and expert witness services; investigative due diligence and insurance claims; dispute analysis; forensic accounting.
• Corporate Finance and Recovery
  Mergers and acquisitions; valuation/pricing; project financing; privatisation and transformation advice; corporate recovery; finance raising; strategy review.
• Global Risk Management Solutions
  Risk Management (strategic, financial, operational and compliance); presentation of financial information; assistance with projects to improve efficiency and effectiveness of closing of accounts (SmartClose); corporate governance; internal audit; computer audit assurance and internal controls.

Tax and Legal Services

Tax planning for mergers and acquisitions; company and group restructuring; tax-efficient structuring of transactions; investment incentives; financial products; real estate; leasing; transfer pricing; indirect taxes and customs; administration and management of tax issues; tax compliance; foreign exchange law; commercial law; employment law.

Human Resource Services

Expatriate services (expatriate taxation and social security planning, international mobility strategy and policy design, global visa solutions); reward and compensation design, structuring and system; PayWell - survey on remuneration and personnel controlling; employment tax services (wage tax and social security planning, personal compliance, risk management, employment law advisory); HR transaction services; HR strategy and business effectiveness (performance management, competency management, HR function & organisation, management development, job analysis and profiling, HR services for inward investors); recruitment and selection of employees.

Industries

Financial Services: Banking & Capital Markets, Insurance, Investment Management, Real Estate

Technology, Information, Communication, Entertainment and Media, Energy & Utilities

Consumers and Industrial Products: Automotive, Industrial products, Pharmaceutical, German Market Group, Retail & Consumer, Transportation & Postal Matters, Healthcare, Education, Not-For Profit & Government

Business Leadership

Stephen Booth, Managing Partner
tel: +420 251 152 888, e-mail: stephen.booth@cz.pwc.com

Paul Stewart, Leading Partner Tax&Legal Services
tel: +420 251 152 711, e-mail: paul.stewart@cz.pwc.com

Paul Cunningham, Leading Partner of Assurance Services
tel: +420 251 152 012, e-mail: paul.cunningham@cz.pwc.com

Jiří Moser, Leading Partner of Advisory Services
tel: +420 251 152 048, e-mail: jiri.moser@cz.pwc.com

References

• RWE Group
• Volksbank
• SABMiller plc
• Škoda Volkswagen Group
• T_Mobile