Expansion Abroad Through the Lens of Finance: What do Tech Companies Deal With?

The financial foundations of every company are the same. However, in the case of technology companies, the crucial thing is that they have international ambitions from the very beginning. As a result, they grow faster compared to companies from other industries. This trait increases the breadth of their financial services’ requirements. How to deal with different currencies, customers’ payment behaviour or exchange rate risk when the company operates in several foreign markets? Here are some tips from Lukáš Martoš, CE Solutions Sales Head from Citi Commercial Bank. 

Hungry startups: Consolidating the food delivery market

The European food delivery sector has been consolidating massively over the past few years and just three multinational giants - Uber Eats, Deliveroo and Just Eat Takeaway currently own almost two-thirds of the sector. Read our new article to find out what has caused the consolidation of the European food delivery sector and what effects it may have on the rest of the economy. 

Audit inventory-checks are not just about counting. They will get you to places you normally have no chance of seeing

Inventory-checks. For auditors, they are one of the major tasks of their work. Does that not sound very engaging? Well, it depends on the point of view. Have you ever visited an operating theatre without undergoing surgery? Have you ever seen ink-stained banknotes? Auditors have. In their work, they visit places that ordinary "mortals" do not even dream of. Read about non-traditional inventories that have brought our auditors unforgettable experiences. 

Audit in FSI: Take a sneak peek at large financial institutions, you will improve your data analysis or other skills

Kateřina Veselá has been working as an Analyst at FSI (Financial Services Industry), which is predominantly responsible for the audit of banks, leasing companies, building societies, funds and other financial institutions, for almost a year. “I joined FSI because I have always been interested in investments and the world of finance in general and wanted to gain a better understanding of these issues. I was no accounting expert and learned many things as I went along,” says Katka, appreciating her colleagues’ willingness to help at any time. 

Deloitte Snowball: a programme for new audit joiners, where experience grows faster than a rolling snowball

Mere knowledge of theory is seldom sufficient in practice. Starting practice without knowledge of theory may easily become a nightmare. At Deloitte, we know this. That is why we have arranged a two-month Snowball training course for beginners, in which they will learn everything that fresh auditors cannot do without. In addition to many tech hacks, knowledge of accounting and audit methodology and their application in practice, they will also try dealing with the client. The obtained experience will help them prepare for unexpected situations and problems and make it easier for them to enter the world of audit. 

Trading is like a high performance sport, even the slightest misstep costs a lot of money, says Otakar Šuffner from FF Trader

Expansion into 180 countries, monitoring tens of thousands of accounts a day, a year-on year growth from 1465 % to 2356 % and, for the second time in a row, the Fastest Growing Rising Star award winner for Central Europe in the Deloitte Technology Fast 50 competition. This is FF Trader, a company that finds successful traders on financial markets through its FTMO platform. “When we started out five years ago, a few similar platforms had already existed. We were not unique but as we continued growing and adding more services, we became an established trading platform,“ says Otakar Šuffner, FF Trader CEO. 

New survey results: ESG strategy as an undervalued tool in increasing resilience of companies

As markets become more volatile with the COVID-19 crisis, pressure on firms and investors to diversify and ensure resilience in their operations will further increase demand for ESG-focused (environment, social, governance) approaches in investment. In our most recent edition of Deloitte Central Europe Private Equity Confidence Survey, we asked the PE investment community in CE about their current market outlook and their perspectives of ESG as factors to consider in their investments. 

Online education from the perspective of teachers: technical unpreparedness of schools will pose a challenge even after the pandemic has abated

Schools have been in the online mode for two months, and some pupils and students are slowly returning to their desks, although with some limitations. However, once the doors of our educational institutions are fully open again, we should not draw a line under distance education and return to the pre-crisis state again: everything that has been created for the purposes of online schooling in recent weeks should be further developed and turned into not only a self-contained alternative to classic forms of teaching but also their full-fledged part. At least that is the opinion of primary and secondary school teachers; in our latest webcast, we asked them how they judge the current situation and what they expect in the coming months. 

Synchronous vs. asynchronous teaching: How to adjust methods for online education?

In relation to the form of its teaching, each subject has its specifics. Czech, Mathematics, Biology, History, English, Music… in each of these (and many more) lessons, the teacher needs to use a different teaching method to engage pupils and to effectively convey the necessary knowledge. However, the situation rapidly changed due to the quarantine and the need to transfer education into the online environment. What is the difference between synchronous (contact) and asynchronous (distance) teaching? And which tools can teachers use to transform the education process in the best way possible?