NEWSLETTER OF THE INTERNATIONAL CONTROLLING COMMUNITY Thursday, 12.10.2017

Hello,

Autumn is the period of regional conferences at the ICV. Some of them are already behind us but there are still some to choose when you are looking for an interesting event for controllers. It’s a great possibility to inform yourself on the new trends in controlling and finance, to exchange experiences and get to know new people – among them are many ICV members.

Remember that membership in the ICV entitles you to discounts at many of them – it’s only one of the advantages the membership gives you.


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International Controller Association  
CO2 target achievement at Porsche awared
Successful conference supported by ICV
Croatia is calling!
Swiss Controlling Conference „Digital Change in Controlling“
 
 
Controlling Scene  
“Building blocks for a sustainable finance future for Europe”
"A fresh look at what Brexit means for European businesses"
Industry anticipates rising defense budgets in Europe
Q&A on VAT reform in the EU
 
 
Miscellaneous  
Current topics and dates from the ICV
 
 
 
GREEN CONTROLLING AWARD 2017 FOR PORSCHE

CO2 target achievement at Porsche awared
The 2017 Green Controlling Award of the Péter-Horváth-Foundation together with the International Association of Controllers (ICV) was given on September 20 in Stuttgart for the solution "Business management of CO2 target achievement at Porsche". Jury Chairman Professor Horváth: "The award-winning solution is the core of the strategy-oriented overall system to support management on its way to becoming a 'Green Company'". Richard Mager, Head of Product Controlling at Dr. Ing. h. c. F. Porsche AG, received the Award, endowed with EUR 10.000, from the hands of Prof. Dr. Dr. Dr. h. c. mult. Péter Horváth and Siegfried Gänßlen, Chairman of the ICV Board of Directors. He then presented the award-winning solution at the plenary session of the 31st Stuttgart Controlling & Management Forum.

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2017 SINO-GERMAN CONTROLLING FORUM

Successful conference supported by ICV
More than 130 finance & controlling managers and professionals as well as controlling-minded non-financial executives coming from the Sino-German business community participated in the 2017 Sino-German Controlling Forum in Suzhou near Shanghai on September 8, 2017. The motto of this years‘ Forum was „Controlling in Times of Uncertainty“. The key note speech was provided by Mr. Matthias von Daacke, member of the Board of the International Association of Controllers (ICV) and member of the management board and Director Controlling at the BLANCO Group.

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AUTUMN CONFERENCE OF THE ICV

Croatia is calling!
Digitization is the transformation of all kinds of information into digital form so that these information can be processed, analyzed, grouped, compared and based on them to the direction in which trends are moving and what may happen tomorrow. On this topic focuses the 5th ICCC International Controlling Conference Croatia that takes place on November 14, 2017. The participants will listen to the best experiences from experts from Germany, Poland, Slovenia, Bosnia and Herzegovina and Croatia. Keynote speaker will be partner and trainer of Controller Akademie Dr. Klaus Eiselmayer who will open the conference with a presentation on the latest global trends in controlling with an emphasis on the 4th industrial revolution and the impact of digitzation on striking development of controlling.

Don’t miss the conference that opens up to the subject of the future, provides practical advice and answers to many open issues ...!

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AUTUMN CONFERENCES OF THE ICV

Swiss Controlling Conference „Digital Change in Controlling“
Top-class speakers, top topics and completely sold out seats - the Swiss Controlling Conference 2017 "Digital Change in Controlling" on September 26 was a great success. For the first time, the event took place as a cooperation between the Institute for Financial Services Zug IFZ of the Lucerne University of Applied Sciences and the International Association of Controllers (ICV). The ICV was strongly represented in Zug. Markus Steiner, Head of the AK Zurich-East Switzerland, presented the Association in plenum, the ICV Board Member Karl-Heinz-Steinke moderated a panel discussion  (picture) and the ICV had also an info stand.

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FINANCE-WATCH: BANKS AND CIVIL SOCIETY OUTLINE SUSTAINABLE FINANCE REFORMS

“Building blocks for a sustainable finance future for Europe”
Finance Watch, together with GABV and Mission 2020, published a white paper on financial sector reforms that could help deliver a sustainable finance transformation in Europe. The report identifies eleven reforms that would help to build a renewed and sustainable financial system, including realigning finance with society’s needs and helping individual citizens to invest in a sustainable economy. The recommendations include e.g. sustainability assessments for bank assets, banks to formulate their purpose in public and in line with the SDGs and the mission 2020 agenda, creating a European hub for sustainable infrastructure investments, training for finance workers on sustainability issues, reporting of sustainability metrics for financial institutions and loyalty shares to encourage longer term outlook in corporate governance.

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PRESS PWC: NEW INSIGHTS AND EXPERT OPINIONS ON BREXIT

"A fresh look at what Brexit means for European businesses"
The prevailing uncertainty around Brexit makes it difficult for decision makers to prepare for the UK’s EU exit in 2 years’ time. In this video, Mark Smith, PwC Germany partner and head of EMEA Clients & Markets, discusses the potential impact Brexit will have on European companies and what they should do now to be well prepared, to manage risk, and look for opportunities within the uncertainty. Several months have passed since the UK and the EU started their preliminary talks. Tensions have been high between the UK and the EU, made more complex by factors such as local politics, specific interests and difference in negotiating styles to name but a few .

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ROLAND BERGER: AEROSPACE & DEFENSE ISSUES RADAR 2017

Industry anticipates rising defense budgets in Europe
Unresolved conflicts, new security threats and calls for increased military spending from across the Atlantic conspire to put Europe's defense policy under pressure. Faced with such geopolitical turbulence, more than 90 percent of the industry's suppliers expect to see Europe's defense budgets rising. This is one of the key findings of the latest Aerospace and Defense (A&D) Management Issues Radar. In producing their study, Roland Berger experts canvassed the opinions of some 220 business leaders and executives from across the aerospace and defense sector globally.

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WHY DOES THE EU's VAT SYSTEM NEED REFORM?

Q&A on VAT reform in the EU
The current VAT rules for cross-border trade between businesses in EU member states date back to 1993, just after the creation of the Single Market. At the time, they were meant to be transitional. The rules do not take into account technological developments, changes in business models or the globalization of the economy, making them outdated. Crucially, the current VAT regime exposes EU countries to an unacceptable and damaging level of VAT fraud. Revenue losses from this type of fraud are estimated at around €50 billion annually in the EU. Money which could have been used to build schools, roads and hospitals is instead spirited away by criminals to finance organized crime, and possibly terrorist organizations. Member states recently identified VAT fraud as one of their top ten priorities when it comes to the fight against organized and serious international crime (see separate section on fraud).

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SAVE THE DATE!

Current topics and dates from the ICV
The schedule of topics and upcoming dates of controlling conferences and controller's meetings can be found online on the ICV website.

All upcoming ICV EVENTS
Scheduled ICV WORK GROUPS
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Edited by:
Anna Wlodarczyk, ICV Poland, Poznan;
Responsible editor: Hans-Peter Sander, EastWestCom, Ammersee Denkerhaus - Coworking Space, Sonnenstr. 1, D-86911 Diessen/Ammersee
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