Posts tagged as Banking


Estimating COVID-19 impact for smaller banks, insurers and investment houses

Accountants have been debating whether coronavirus will be seen as an adjusting event for financial statements closing on 31 December 2019 or whether it will be seen as one that impacts 2020 financial year-ends and onwards. The consensus... Read More


By Martin Geisler | BDO Germany | 04 January 2019

Location, location, location: What Germany is getting right in supporting its fintechs

In a networked economy, the German model of building strong economic infrastructure in each federal state, instead of centralizing institutions in one city, like Paris or London, is proving to be very valuable. Today, we can see the... Read More


By Afsar A. Ebrahim | BDO Mauritius | 04 September 2018

Banking on Mauritius: Why I see potential in my home country

When I’m travelling in Europe or the US and tell people I am based in Mauritius, they often ask if I wear flip flops and a tie to work each day. I’m used to these types of quips – I’ve been working here since... Read More


Mid-sized banks face web of regulatory complexity - 3 tips from my practice

Since the financial crisis of 2008, banks have faced increasing regulatory scrutiny and a growing number of rules to follow. For many mid-sized banks, regulatory compliance is a costly and complex web to manage.Enter reg-tech, a range of... Read More


Curbing human bias in investment valuation

Five years ago, it was not uncommon to hear about investment managers not having a customized valuation policy to go along with their investment policy statements.Thankfully, this is not the case so often anymore: Nowadays, most asset... Read More


What Tom Cruise seems to understand about IFRS 9

Recently while flipping through an old binder of DVDs, I came across the movie Minority Report starring Tom Cruise. I was reminded of the premise of the film – that a clairvoyant could know the mistakes we will make in our future... Read More


Getting ready for IFRS 9: The biggest changes in accounting rules since IFRS was implemented

Earlier this year, I was part of a group of auditors and accountants who worked on a paper on IFRS 9 that will support banks as they implement processes and systems to meet the new accounting standard. Contributing to this paper gave me... Read More


My advice on 3 approaches to digitization within your bank

Kids - including my own four - never cease to amaze me. When they manage to get their hands on digital devices, kids behave as if it’s an extension of their own bodies and brains. We adults may still fumble around, and we’re... Read More