Spanish companies and those that establish themselves in Spain have seen or will see that issues related to the creation and diffusion of financial information have become substantially more sophisticated.
These circumstances lead to companies requiring the help from independent accounting and reporting advisers to cover the different types of challenges in this area. At PwC, we have the Accounting Advisory Group, which is playing an increasingly important role and participating more often in transactions that are meaningful to our clients; requiring the application or interpretation of complex financial reporting standards, meeting requirements of other markets and strengthening external reporting processes. Moreover, and more significantly in recent times, advising large institutions establishing themselves in Spain. See examples of how we have supported our customers.
Depending on the requirements of independence and regulations which are applicable, such as Sarbanes-Oxley, some services may not be available for audit clients of PwC member firms.