PwC Luxembourg Annual Review 2018

Leading in changing times for our Clients, our People and Society

Welcome to our 2018 Annual Review

“PwC’s role is to build the trust that lies at the root of any well-functioning process. To reinforce that trust, we must start with ourselves in order to extend that quality, that technology, that transparency to our clients and to society at large. This is how we look to lead in changing times...”

Our year at a glance

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Gross sales
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Growth
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Assurance growth
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Tax
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Advisory growth

% of Gross Revenues 2018 per LoS

% of Gross Revenues 2018 per Industry

Top sustainability challenges

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We, as one of the biggest services firms, can and should make a difference to all our stakeholders.

It’s not just about financial success, but about how we can contribute more broadly to our clients’, our People’s and society’s needs and towards a sustainable development in general. The action plan for each of the topics has been driven by the feedback and suggestions of our stakeholders.

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Vision 2020: Leading in changing times for our Clients, our People and Society

Our Vision is our global strategy that provides a framework for what we will do and the choices we will make to meet the needs of our changing world. It is integral to our culture, to bring to life our purpose – why we do what we do – and helps us focus on what we need to achieve as a business.


How can the following help us achieve our vision?

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Who we are and what we do

Assurance

The main part of our assurance work is related to the audit of Financial Statements. The purpose of an audit is to form a view on whether the information presented in the financial report, taken as a whole, reflects the financial position of the organisation at a given date. When examining the financial report, auditors must follow auditing standards set by a government body. Generally, all listed companies and limited liability companies are subject to an audit each year.

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Tax

We base our tax services on three main pillars: (1) Corporate tax compliance and accounting services, (2) Fund tax compliance and (3) Tax consulting. The day-today work of our tax teams can thus range from helping our clients fulfil their tax obligations, through preparing and filing their annual accounts to supporting them in navigating through the complex international tax environment. While doing so, we always operate under a strict set of guidelines and policies.

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Advisory

Our advisory teams help organisations deal with the challenges of a changing business environment, the sustainability of their business models as well as the increasing relevance of compliance and non-financial aspects, such as social impacts and good governance. They combine local and global expertise to deliver innovative solutions for complex issues.

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Corporate Services

The departments that constitute CS act as business enablers that provide the support necessary for the other lines of services to function and move forward, but they also do much more. At a time when transformation is overtaking almost every aspect of business, corporate services are not just mere bystanders but are active members, driving the transformation inside our firm, by building and maintaining processes robust enough to withstand the winds of change.

The seven industries we serve are:

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PwC Luxembourg
Tel: +352 49 48 48 1
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