The aerospace, defence and security sector is at a turning point. Market shifts, evolving threats and financial pressures demand a radical rethink of strategy and operations. Companies must balance resilience with agility—leading technology with human expertise, while legacy systems and traditional business models are no longer enough to compete. Deep industry expertise, global reach and a hands-on approach address tough challenges across tax, audit and assurance. Specialists uncover efficiencies, reduce costs and drive growth through smart partnerships and digital innovation, applying expertise in technology and cybersecurity to power digital adoption.

Asset and wealth managers are rethinking how core functions are delivered—from financial reporting and regulatory compliance to middle office and data operations, there's growing urgency to modernise. Many firms remain tied to legacy systems and manual processes, straining resources and limiting scale. Combining deep asset and wealth management expertise with leading technology, the practice leverages automation, generative AI and advanced analytics to streamline operations, reduce inefficiencies and deliver actionable insight. The result is a future-ready platform that enables clients to be compliant, competitive and focused on what matters most: growth and clients.

Working at the crossroads of critical industries, the automotive practice transforms technology and sustainability challenges into competitive advantage. Support spans rethinking business models, managing workforce shifts and adapting to global disruption. Teams combine deep sector expertise with top-tier financial, tax and advisory capabilities to help automotive companies build stronger, future-ready businesses—streamlining supply chains, embracing leading technology, accelerating sustainability and modernising operations.

Financial services is moving from managing today's economy to building the infrastructure for tomorrow's. As capital, technology, regulation and geopolitics converge, sector boundaries are dissolving and new competitors are emerging. The practice helps mobilise capital across markets, move faster without losing trust, and shape the future financial system—spanning retail banking, commercial banking, capital markets, digital banking transformation, risk and regulatory, financial crimes and deals and M&A.

Business services providers play an essential role in the reconfiguration of global industries, helping companies build critical capabilities, develop talent and rethink regulatory strategies. The practice works at the crossroads of critical industries, transforming tech and sustainability challenges into competitive advantage. Teams combine deep sector expertise with top-tier financial, tax and advisory capabilities, supporting business services organisations as they innovate, optimise performance and build the resilience to thrive in an era of rapid change.

Deep sector insight drives support for organisations navigating the complexity of major capital projects and infrastructure programmes. The practice brings connected expertise across financial, tax and advisory capabilities to help deliver projects on time and on budget. As industries converge, growth is increasingly organised around fundamental human needs—including how we build—and the practice helps organisations seize the opportunities that convergence presents, while managing risk and driving sustainable outcomes.

The chemicals sector faces a complex landscape shaped by energy transition, supply chain disruption and shifting demand. Deep industry expertise is brought to bear across audit and assurance, tax and advisory to help chemicals companies navigate these pressures. Support spans strategic reinvention, operational transformation and sustainability—helping organisations rethink business models, manage geopolitical risk and transform procurement to build resilience and drive long-term value.

Smarter reinvention for CPGs—unlocking growth, boosting resilience and leading with sustainability in a complex, global consumer goods landscape. The practice empowers CPGs to rethink supply chains, assess geopolitical risk and transform procurement, pinpointing pressure points and opportunities across the full value chain. Sustainability demands more than compliance—helping transform ESG into a business advantage, with clarity and execution support across CSRD, climate disclosures, water management and ingredient sourcing to move from ambition to action.

Deep industry insight and a connected view across markets helps education and skills organisations understand what's changing, unlock new opportunities and move forward with confidence. As value moves across sectors, new opportunities are emerging at the intersections of industries—redefining how organisations in education compete, grow and create impact. The practice brings expertise across audit and assurance, tax and advisory to help education providers navigate disruption, address funding pressures and build the capabilities needed to deliver outcomes for learners and communities.

Working at the crossroads of critical industries, the engineering and construction practice transforms technology and sustainability challenges into competitive advantage. Teams combine deep sector expertise with top-tier financial, tax and advisory capabilities to support construction and engineering companies and more. Support spans streamlining supply chains, embracing leading technology, accelerating sustainability and modernising operations—helping organisations build stronger, future-ready businesses adapted to global disruption and shifting market dynamics.

Media, entertainment, gaming and sports are converging across platforms, devices and business models. The practice helps leaders embed AI, modernise legacy systems, close transformative deals and manage risk—so they can drive growth, strengthen resilience and deepen fan and customer engagement. Deep sector insight supports organisations across broadcasting, digital media and content as they navigate the shift to streaming, platform convergence and evolving audience expectations, combining industry expertise with financial, tax and advisory capabilities.

Health is no longer confined to traditional healthcare. As industries converge, care is moving beyond institutional settings and episodic moments, redefining how it is accessed, experienced and delivered across everyday life. The practice helps design connected systems that cross boundaries responsibly, focusing on outcomes, equity and trust to unlock sustainable growth and deliver better health for all—bringing expertise across audit and assurance, tax and advisory to health systems and care providers worldwide.

Deep industry expertise and insights help hospitality and leisure leaders manage change, deliver results and unlock value. The practice supports organisations navigating disruption, e-commerce impacts, compliance and regulatory pressure and data analytics in a fast-evolving sector. Support spans strategic reinvention, operational transformation, deals and workforce strategy—helping hospitality and leisure companies adapt to shifting consumer behaviour and build resilient, future-ready businesses.

The next industrial revolution is here—tech enablement and automation are set to surge across the value chain. Manufacturing outperformance will soon shift from having advanced tools to orchestrating them, integrating AI, automation, analytics and engineering on shared data and connected workflows. The practice works at the crossroads of critical industries, transforming technology and sustainability challenges into competitive advantage—combining deep sector expertise with top-tier financial, tax and advisory capabilities to support industrial manufacturing companies as they build stronger, future-ready businesses.

Financial services is moving from managing today's economy to building the infrastructure for tomorrow's, and insurance is central to that shift. As capital, technology, regulation and geopolitics converge, sector boundaries are dissolving and new competitors are emerging. The practice helps insurance organisations mobilise capital across markets, move faster without losing trust and shape the future financial system—bringing deep expertise across audit and assurance, tax and advisory to carriers, reinsurers and insurtech players globally.

The mining and metals sector faces disruptive forces of technology, new entrants and political change that are reshaping industries. Deep industry expertise is brought to bear across audit and assurance, tax and advisory to help mining and metals companies navigate these pressures. Support spans strategic transformation, operational excellence, ESG and sustainability—helping organisations manage geopolitical risk, adapt to the energy transition and build the resilience to thrive in a rapidly evolving commodities landscape.

The oil and gas sector operates at the crossroads of geopolitical realignment, energy transition and technological disruption. Deep sector insight and a connected view across markets helps organisations understand what's changing, unlock new opportunities and move forward with confidence. The practice brings expertise across audit and assurance, tax and advisory to help oil and gas companies navigate complex regulatory environments, manage portfolio strategy, optimise operations and transition toward lower-carbon business models.

Deep sector insight supports pharma and life sciences leaders as they navigate a landscape of rapid scientific advancement, evolving regulation and growing patient expectations. The practice brings expertise across audit and assurance, tax and advisory to pharmaceutical, biotech and life sciences organisations worldwide. Support spans regulatory and compliance, commercial strategy, operational transformation and sustainability—helping organisations accelerate innovation, manage risk and deliver better health outcomes across the full product lifecycle.

Building a better, cleaner and more reliable energy-connected future is at the heart of the power and utilities practice. All the power and utilities expertise is brought together with one focus—helping clients of all sizes, across all segments of the industry. The practice provides industry-specific solutions in audit and assurance, transactions and tax, and with extensive experience in the sector offers a wide range of advisory services—helping power and utilities organisations navigate the energy transition, modernise infrastructure and deliver sustainable outcomes.

Deep sector insight still matters, and the private equity and principal investors practice brings a connected view across markets to help fund managers and investors understand what's changing, unlock new opportunities and move forward with confidence. Support spans the full investment lifecycle—from deal sourcing and due diligence to value creation and exit—combining expertise across audit and assurance, tax, deals and advisory to help private equity firms and their portfolio companies compete and grow.

Deep sector insight and a connected view across markets helps public safety, justice and security organisations understand what's changing and move forward with confidence. The practice brings expertise in government and public sector advisory, assurance and tax to law enforcement, justice systems and security agencies. Support spans operational transformation, digital modernisation, workforce strategy and risk management—helping public safety and security organisations build the resilience and capabilities needed to protect communities and serve citizens effectively.

Financial services is moving from managing today's economy to building the infrastructure for tomorrow's, and real estate sits at the intersection of capital markets, technology and sustainability. Data centres, for example, sit at the crossroads of energy, real estate, technology and sustainability. The practice provides consulting and non-audit attest services for real estate transactions and securitisations—including accounting and tax analysis, due diligence (financial, operational and commercial), modelling and assessing asset, credit and performance data—helping real estate organisations navigate complexity and unlock value.

From data centres to semiconductors, digital infrastructure powers the technology economy. The practice helps leaders navigate capital strategy, monetisation, AI infrastructure and operational resilience—so growth is disciplined, scalable and built to last. Deep sector insight supports semiconductor companies as they manage supply chain complexity, geopolitical risk and the accelerating pace of technological change—combining expertise across audit and assurance, tax and advisory to help organisations compete and grow in a critical global industry.

AI, cloud computing and automation are transforming all industries, but especially the tech sector. New opportunities are emerging, but to stay ahead, businesses must integrate effectively, drive sustainable growth and maintain a competitive edge—going beyond strategy to create clear, actionable pathways to results. Whether unlocking new revenue streams, scaling AI or reinventing business models, multi-disciplinary specialists from around the world help tech companies move fast and compete smarter—delivering industry-specific cloud solutions, engineering and integrating leading-edge tech to drive digital transformation with breakthrough business outcomes.

Telecom is evolving fast. As 5G and 6G reshape connectivity, the practice helps organisations modernise operations, deploy next-gen tech including AI, cloud and automation, and enhance infrastructure—so they can boost efficiency, innovate services and lead a hyper-connected future. Deep sector insight combines with expertise across audit and assurance, tax and advisory to help telecoms operators navigate regulatory complexity, manage capital allocation and drive sustainable growth in a rapidly converging technology landscape.

In transportation and logistics, tax is a part of every cross-border transaction—helping turn a daily challenge into an opportunity by managing the tax impact of business decisions, optimising tariffs, credits and incentives, and bringing a coherent and efficient approach to tax strategy. The practice brings deep sector insight and advisory capabilities to help transportation and logistics organisations streamline supply chains, embrace digital transformation and build resilience—supporting leaders as they navigate geopolitical tensions, cost inflation and the shift toward technology-driven, higher-margin services.

Helping organisations harness artificial intelligence to drive productivity, reinvention, and growth across the enterprise. Just 20% of companies are capturing 74% of all AI-driven value — we've decoded how. The firm demonstrates delivery through a case study where Lucid collaborated with PwC and AWS to build an AI-native finance function, delivering faster forecasts and scaling 14 AI use cases across the enterprise, directly improving finance performance management and planning capabilities.

Independent audit and assurance services that build trust, enhance transparency, and meet regulatory and stakeholder requirements. The Assurance practice generated global revenues of $19.5 billion in FY2024 and is ranked among the best accounting firms for audit and assurance, reflecting deep expertise in financial statement audit, compliance verification, and stakeholder confidence-building across regulatory frameworks.

End-to-end advisory helping organisations redesign operating models, adopt new technologies, and reinvent their businesses for sustained growth. The case study of Trimble demonstrates the breadth of this capability: the firm helped reinvent the business model to drive $1.4B in recurring revenue by unifying platforms, redesigning go-to-market strategy, and transforming customer experience — encompassing operating model redesign, technology adoption, strategic repositioning, and revenue model innovation.

Advisory across the full deal lifecycle — M&A, divestitures, capital raises, and post-deal value creation — helping clients transact with confidence. FY2024 Advisory revenues of $23.3 billion include the Deals practice, which provides comprehensive support spanning target identification, transaction due diligence, sell-side and buy-side advisory, deal structuring, synergy planning, integration preparation, and post-deal value realization across M&A, divestitures, and capital markets transactions.

Tech-enabled legal advisory and managed legal services helping organisations modernise their legal function and navigate complex regulatory and contractual environments. Legal teams find ways to disrupt old ways of working, using GenAI to increase their productivity. The offering combines technology-enabled process modernisation, regulatory advisory, and contract and compliance management to help in-house legal teams scale capability and reduce operational friction.

Dedicated advisory services for private companies, family businesses, and private equity-backed organisations across strategy, tax, deals, and operations. The Private service line provides comprehensive strategic and operational advisory tailored to the unique governance, capital, and growth constraints of private ownership, spanning corporate strategy, operating model design, financial advisory, and business transformation with specific expertise in owner-operator dynamics and private equity value creation.

Strategic advisory helping organisations fundamentally reimagine their business models, operating structures, and go-to-market approaches to drive sustained competitive advantage. Reinvention isn't just a buzzword — it's a proven path to higher margins and greater confidence. This capability focuses on deep transformation of competitive positioning, business model architecture, and organizational structures to enable step-change improvement in profitability and market positioning.

Comprehensive risk advisory spanning internal audit, internal controls, cyber risk, regulatory compliance, and enterprise risk management. Risk Services delivers integrated risk management and governance advisory, encompassing internal audit function design and execution, cyber defense and incident response, regulatory compliance programme development, and board-level risk governance and control monitoring.

Advisory helping organisations assess, manage, and report on environmental, social, and governance (ESG) risks and opportunities, and accelerate the transition to net zero. Verdantix named PwC a Global Leader in ESG and Sustainability in 2024. The firm combines ESG strategy development, climate transition planning, materiality and impact assessment, ESG reporting and communication, and governance-level risk integration to enable organisations to embed sustainability into strategy and operations.

Comprehensive tax advisory, compliance, and planning services covering corporate tax, international tax, transfer pricing, indirect tax, and individual tax. FY2024 generated $12.6 billion in Tax and Legal practice revenues. The firm's tax expertise spans corporate tax strategy, cross-border and transfer pricing advisory, indirect tax compliance, and emerging asset class tax planning as demonstrated through active advisory in crypto and digital asset taxation.

Technology advisory and implementation services helping organisations adopt, integrate, and optimise technology to accelerate business transformation. Technology advisory spans digital and technology strategy development, enterprise architecture and systems integration design, application modernisation delivery, and digital product and platform engineering to enable organisations to harness technology for operational and commercial advantage.

Advisory helping organisations build, protect, and demonstrate trust with stakeholders — spanning cybersecurity, data privacy, digital identity, and responsible AI. PwC's purpose is to build trust in society and solve important problems. Trust advisory integrates cyber defense, data and privacy governance, digital identity and access management, and responsible AI governance to enable organisations to strengthen stakeholder confidence and manage trust-related risks and opportunities.

Human capital and workforce advisory helping organisations redesign jobs, reskill people, and build the talent and leadership capabilities needed for the future of work. 69% of the fastest-growing roles have above-average exposure to AI. The Workforce practice helps organisations anticipate skill demand, redesign roles and job structures, develop talent and leadership pipelines, and build organisational capability to compete in a rapidly evolving labour market shaped by technology, demographic change, and shifting work models.

Strategy& helps our clients to understand their unique strengths and create a strategy that builds on their differentiation to deliver results.

Strategy& works with the world’s leading businesses, governments, and organisations. We help our clients lead transformational change, create new organisational models, capture value from their customer and channel strategies, increase the effectiveness of their supply chains and assets, and integrate security into their strategy to ensure the resilience of their business. We have the know-how, technology, and scale to think and deliver big.

• Business strategy
• Organization strategy
• Customer strategy
• Product and service innovation
• Operations strategy
• Technology strategy

Find more about Strategy&

Driving quality and consistency through a risk-based approach. Aura, our global ERP system, makes sure work gets done one way - the right way - globally and locally. It is used by over 100,000 auditors worldwide, on every PwC audit. Aura ensures our teams take a consistent, focused and efficient approach to audit risk. This means: A better understanding of your business due to end-to-end visibility of the audit process. A greater focus on the things that matter thanks to a systematic risk-based approach. Our pre-loaded risk software helps teams to identify the relevant risks and perform the right work to address them. Consistency and quality of audit delivery across our entire client base. Real-time monitoring of engagement quality and progress is available securely on mobile devices, anytime, anywhere.

Understanding your business and gaining deeper insights. Halo, our data auditing technology, tests huge volumes of business-critical data, analysing whole populations, improving risk assessment, analysis and testing, and unlocking a wealth of insight. Halo is revolutionising our audits by harnessing the power of data. Enables a greater understanding of your business to enhance audit quality. A combined trend and ratio analysis provides you with insights using information we already receive as part of the audit. Visualisations highlight patterns and potentially higher risk transactions instantly, enabling a deeper understanding of your business and supporting more relevant conversations. Automation of manual tasks leading to greater efficiency.

Connecting people in real time. Connect, our global coordination tool, provides fast, efficient and secure information sharing at every stage of the audit. It streamlines, standardises and automates real-time communication between your teams and ours, 24/7, wherever you are in the world. This means: Better information exchange and document management using a secure, web-based tool. Process efficiencies through consolidation and automation of notifications. Safe and secure communication for your teams and ours. Scalability - globally available for clients, small or large. Significantly reduced document management effort. Fast and efficient issue resolution due to real-time tracking.

Extract Extracts large volumes of data with limited impact on your systems. Returns standard data formats allowing automated transformation ready for analysis by our applications. Eliminates the need for repeated, manual intervention through the data extraction process. Encrypts and compresses the data during the extraction and transfer. Provides end-to-end protection of your data. An overall more efficient data acquisition process.

A digital platform with timely, relevant accounting and business insights IFRS is the common global financial reporting language. Major new standards for financial instruments, revenue recognition and leasing present significant challenges to preparers of financial statements. Here you’ll find an overview of PwC’s IFRS resources, including the latest practical application guidance available on Viewpoint. Viewpoint is a digital platform that provides timely and relevant accounting, financial reporting, business and regulatory insights. With powerful search, real-time updates and PwC-curated hot topic pages, Viewpoint helps you find the intelligence and content you need - when you need it. Viewpoint’s intuitive search functionality makes researching insights around accounting standards, sustainability disclosure standards, financial reporting and regulatory developments quick and easy. Viewpoint includes authoritative literature as well as PwC’s guidance, insight and tools to support financial reporting and sustainability reporting. It provides International, US, US GASB, UK, Canada and Japan content. Why Viewpoint? Offering real-time updates, PwC-curated content pages and user-friendly sharing features, Viewpoint helps you find the insights, intelligence and content you need when you need it. Use Viewpoint to access the latest news, PwC guidance, webcasts, research materials and full text of the authoritative accounting standards and sustainability disclosure standards. Features include: A dynamic home page Superior search functionality Hot topic and industry content landing pages curated by PwC subject matter specialists Menu navigation which gets you to popular content with minimum clicks User-friendly interface with related content available in the document window PwC analysis and thought leadership on a range of business and industry topics Mobile app - Download the ‘PwC Viewpoint’ app for free