PRESENT CHARIMAN OF PWC INDIA
Shyamal Mukherjee
PwC's head of Strategy, Growth and Brand Leader Shyamal Mukherjee was elected the new chairman of the leading professional services firm for a 4-year term on Friday in what could decide the firm's growth strategy in India, The new chairman will take over from Deepak Kapoor on January 1, 2017.
The Institute of Chartered Accountants of IndiaCA
Delhi UniversityBachelor of Laws (LL.B.)Bachelor of commerce
Delhi Public School
EDUCATION
Chairman and Territory Senior PartnerPwC IndiaJanuary 2017 – Present (2 months)Gurgaon, IndiaStrategy, Growth and Brand LeaderPwC IndiaJuly 2015 – December 2016 (1 year 6 months)Gurgaon
Tax and Regulatory Services LeaderPwC IndiaJuly 2014 – June 2015 (1 year)Tax PartnerPricewaterhouseCoopersJuly 1993 – June 2014 (21 years)
BRIEF INTRODUCTIONShyamal Mukherjee
Shyamal Mukherjee
Shyamal started his professional career with the firm in 1984 and has worked in the network's New York and London offices. He has been Tax Partner since 1993. He regularly interacts with Indian government officials on various Tax and Transfer Pricing issues and has also assisted in drafting the rules relating to the Indian Transfer Pricing legislation.
He is a regular contributor on transfer pricing to both national and international journals and often speaks at national and international forums. His areas of expertise also include inward investment advice, cross-border investment structuring, contract structuring, permanent establishment issues, etc.
HEAD QUARTERS OF PWC
LONDON SINGAPORE NEW ZEALAND
INDIA
PricewaterhouseCoopers
Trading name PwCType Member firms have different legal structures; both UK and US
firms are actually limited liability partnerships
Industry Professional services
Founded 1998(PricewaterhouseCoopers)1849(Price Waterhouse)1854(Coopers & Lybrand)
Headquarters London, United KingdomArea served WorldwideKey people Robert E. (Bob) Moritz (Chairman)
Services AssuranceTax advisoryConsultingFinancial advisoryActuarialLegal
Revenue US$35.9 billion (2016)
Number of employees 223,468 (2016)
Website www.pwc.com
Mission
PwC mission is to deliver a fair and clarified auditing service, in order to improve presentation of financial information. And therefore helping the company gain trust from investors.They follow three main principles which they base their work on, which are:
Integrity.Intelligence.Innovation.
The company's values are:Teamwork Excellence Leadership
Vision
Through their strong work ethic they hope to gain recognition throughout the world.
They are looking for people who are professional and able to adapt to the market in different situations, as well as following the company's work ethic, to have a leading role in our operations.
All workers are adequate for their job, are knowledgeable and can offer international expertise.
They apply their best practice in all areas of governance and always maintain transparency.
Our goal is to be a leading participant in the process of establishing Spanish and international accounting and auditing standards, as well as playing a major role in them.
We will be a firm in which all partners and employees feel motivated in their work and proud of their involvement.
SWOT Analysis
Strengths
1. They have a large client base many of which are repeat clients.2. Many business units apart from financial services like, Consumer & Industrial Product Service, Private Company Service etc.3. They have a very extensive geographical reach with presence in 150+ countries4. They have a workforce consisting of the best talent pool5. It is the world's largest professional services firm and one of the largest of the "Big Four" accountancy firms6. Has nearly 170,000 employees globally
Weaknesses
1. Stiff competition from other leading industry players means restricted market share2. Brand visibility and advertising lesser than some industry majors
Opportunities
1. They can benefit from the growing prospects in emerging economies2. There are many opportunities in providing compliance solutions3. Increase in companies looking for expert business solutions
Threats
1. Recession resulting from the ongoing Euro crisis can affect the business2. Expansion of competitors3. Fluctuating global economy affects operations
Consumer and Industrial Products and Services Energy and Utilities
Financial Services
Technology, Information, Communications and Entertainment - TICE
PRODUCTS AND CUSTOMERS
Consumer and Industrial Products and Services
Our Firm offers a wide range of services aimed at supporting business processes within the consumer and industrial products and services sector.
Sectors:AutomotivePharmaceuticalRetail and consumer productsIndustrial productsServices
Energy and Utilities
Increasing demands in the energy and utility sectors create the need for competent guidance and advanced technical knowledge, particularly in the areas of geographic expansion, regulatory changes and privatizations.
Sectors:Electricity and GasMiningOil
Financial Services
Major technological advances and the relentless pressure to increase the stock value of financial entities are driving globalization and redesigning the financial sector.
Sectors:BankingCapital marketsInsurance
Technology, Information, Communications and Entertainment - TICE
Technology, information, communications and entertainment industries are undergoing changes, consolidation and expansion.
Sectors:TechnologyInfoCommEntertainment and media
Our Services
We offer high quality professional services.
Our Services:Audit and AssuranceTaxConsultingCorporate Finance and RecoveriesBusiness Process Outsourcing
Big Four accountancy firms face Competition Commission probe
The "Big Four" accountancy firms have been told to brace themselves for a full investigation by the Competition Commission in a decision that is expected today.
Firm Revenues EmployeesRevenue per employee
Fiscal year Headquarters
Deloitte $36.8 bn 244,400 $150,573 2016 United States
PwC $35.9 bn 223,468 $160,649 2016 United Kingdom
EY $29.6 bn 231,000 $128,139 2016 United Kingdom
KPMG $25.4 bn 188,982 $134,510 2016 Netherlands
This group was once known as the "Big Eight", and was reduced to the "Big Six" and then "Big Five" by a series of mergers. The Big Five became the Big Four after the fall of Arthur Andersen in 2002, following its involvement in the Enron scandal.
Our awards