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Enterprise-wide FRM Framework to Identify and Mitigate Frauds

Deloitte India’s fourth edition of the India Corporate Fraud Perception Survey aims at understanding the leadership perceptions around corporate fraud in the disruptive environment. According to the Corporate Fraud Survey India 2020 , organisations must invest in an enterprise-wide fraud risk management framework and use enhanced tools with a scalable and customised interface. Mitigation of frauds in India has been undertaken by organisations through surprise audits and checks on random samples. As data is now stored in IT systems, Indian organisations are moving towards a framework that uses technology to detect and mitigate fraud at earlier stages. Organisations must adopt advanced technologies for data visualization, statistical mining, text mining, and voice searching concepts to achieve a successful FRM framework. To run rule- and AI-based analytics to detect any discrepancies in transaction monitoring, organisations require an interface that integrates data from all complex syst

Deloitte’s Strategy Consulting Services Help Clients to Achieve Major Breakthrough in Business

   At Deloitte, experts serve as trusted advisers, helping their clients achieve breakthrough value by developing integrated strategies to win in their chosen markets. They architect data driven programmes that transform our clients’ businesses. The three important services or tools that help in achieving the success are:  Strategy & Business Design The team works with chief executives and their teams to catalyze enterprise-wide, strategy-led transformation to realize full business value, leveraging deep perspectives about customers, technology evolution and disruption, sector-blurring ecosystems, and changing sources of competitive advantage. The experts work alongside clients to create effective corporate and business unit strategies and secure alignment across the enterprise. When senior executives face conflicting mandates of developing long-term strategies while delivering short-term results, the team work together to design and deliver integrated and accelerated growth progra

Deloitte India Dispute Advisory Services

A dispute in business is always a possibility. With growing up, businesses may find themselves in a position to tackle the hindrances a dispute can bring. Deloitte ensures a helping hand in such situations. Working closely with the organizations and their lawyers, and finding a resolution by providing crucial evidence to jurisdiction can strengthen the case. Deloitte offers help in two ways, Anti Trust services; and Litigation and Dispute advisory support which can provide help in time. With the continuous and consistent changes in the aggressive enforce strategies and economic landscape, it is also important for a business to protect and take care of the enforcements a market can bring. Anti Trust Services The Anti Trust Services gather data and evidence in a limited time frame whereas Deloitte’s tools collect, process, and host data which can later help in identifying the dispute. It also performs economic analysis and understands the dominance and power of the players i

COVID-19 Response For Pharma Companies

During these unprecedented times, when COVID-19 has take over the world and the country is going under lockdown, it has become very tricky for all the industries to keep up with their businesses.  In this article, we will discuss the impact of Coronavirus on Pharmaceutical companies and what actions they must take according to the experts. There is always too much damage that has been made to pharmaceutical companies as lockdown has almost extended for more than two months now and most of the companies are shut, there’s a halt on import and export of services. The supply chain of these pharmaceutical companies is badly disrupted and no one knows for how long its going to stay with us. Most of the active ingredients for pharmaceutical companies are imported from China and this pandemic has made country’s relationship a bit sore with China. However, the industries will have to find ways to recover and thrive amidst and after the pandemic. There are   a few key pointer

The Direct Tax Vivad se Vishwas Bill 2020 – Deloitte India’s Perspective

This is Deloitte’s Analysis page entirely dedicated to the discussion and deconstruction of the Direct Tax Vivad se Vishwas (from Dispute to Trust) Bill 2020. The Finance Minister of India, Ms. Nirmala Sitharaman, tabled the Bill in the Lower House on February 5, 2020. It looks to quickly resolve the 4,80,000 income and corporate tax disputes pending with different Appellate Forums of the country. Know everything you need to here as Deloitte brings to you detailed reports and webcasts, the links of which are here on this page and in one place. What is in it for you? The entire build-up to the Direct Tax Vivad se Vishwas Bill 2020 is aligned chronologically for you on this dedicated page. Right from the inspiration that drove the Finance Minister to place this Bill on the table to Deloitte India Partner, Ashutosh Dikshit, explaining the finer nuances of the Bill in detail, this is your go-to link to engage directly with all the information you will ever need about the Direct Tax s

Deloitte India’s Analysis of Union Budget 2020

The Union Budget 2020 speech went on for a record time. And the nuances specific to your interest are hard to miss. This is Deloitte’s dedicated page to the Indian Union Budget 2020 for FY21 where you can get your required details in almost every topic. We have highlighted the top 10 Budget highlights. We have also posted our Webcast series here. We have included a detailed analysis of the entire budget and we have discussed specific industry impacts. Every post is your ultimate and quick guide to the Union Budget. The complete information you will ever need. 2020’s Union Budget was important for very specific reasons. India is currently facing an economic slowdown, right at the back of impressive growth, and the pressure was on the Government to implement policies to bring the economy back on track again. Economic advisors around the world have sounded their alarm regarding India’s current economic condition. World bodies have also slashed their growth predictions related to

Deloitte Millennial Survey 2019 Report – Summary

Deloitte has brought out its 8th annual millennial survey on Indian millennials and Gen Z. The report has revealed the views of the respondents on economic, social, political, career, and other aspects. The survey included millennials who were born between January 1983 and December 1994. During the survey, 13,416 millennials shared their views from 42 countries and 3,009 Gen Z respondents from 10 countries. Key Findings of the Millennial Survey Low Optimism towards Economic, Social and Political Progression   Both millennials and Gen Zs have shown their pessimistic views due to ongoing economic and social progress. They have expressed little faith in traditional institutions and have doubts about business motives.   The primary reason behind this lack of optimism has been economic downturn of the late 2000s. It is because the sluggish labor market during the recession has left negative effects on wages and career paths. Priorities and Aspirations of Millennials and Gen