At PricewaterhouseCoopers, we measure our success by yours. Every day our more than 184,000 people in 157 countries go to work to help our clients succeed. From Dublin to Durban, from Minneapolis to Manila, our job is channelling knowledge and value through our lines of service and 22 industry-specialised practices.
Our Global Annual Review details how our industry-focused services in the fields of assurance, tax, human resources, transactions, performance improvement and crisis management have helped address client and stakeholder issues. Our success in meeting today's business challenges rests on the way we approach our work. We call that approach Connected Thinking.
Sound governance and transparency form the bedrock of leadership. We are committed to serving as a force for integrity, good sense and wise solutions to the problems facing businesses and the capital markets today. Transparency and good standards of network governance—both in our clients' businesses and in our own—are central to our ability to achieve those objectives. And we aim to continue to achieve them from our position of strength and professional leadership.
PricewaterhouseCoopers was created by the merger of two firms - Price Waterhouse and Coopers & Lybrand - each with historical roots going back some 150 years. Set out below are some key milestones in the history of both firms.
1849 : Samuel Lowell Price sets up in business in London
1854 : William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers
1865 : Price, Holyland and Waterhouse join forces in partnership
1874 : Name changes to Price, Waterhouse & Co.
1898 : Robert H. Montgomery, William M. Lybrand, Adam A. Ross Jr. and his brother T. Edward Ross form Lybrand, Ross Brothers and Montgomery
1921 : Both Price Waterhouse and Coopers & Lybrand open up an office in Brussels
1957 : Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros & Montgomery (US) merge to form Coopers & Lybrand
1982 : Price Waterhouse World Firm formed
1990 : Coopers & Lybrand and Deloitte Haskins & Sells merged in a number of countries around the world, including Belgium
1998 : Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers
PwC in Bosnia & Herzegovina
PricewaterhouseCoopers has been in Bosnia and Herzegovina since 1998, serving Bosnian and other leading clients. Our office in Sarajevo was founded at the end of 2003.
We provide Audit and Assurance Services, Advisory Services and Tax Services to local clients and foreign investors. Our staff is able to offer you, the client, practice-proven and effective solutions to whatever issues or problems you bring to us. With our local knowledge and international skill set as well as our broad industrial and service experience, we can help you gain the competitive advantage you seek.
The way we select and train our staff, the methods we use to leverage our international know-how, our in-depth knowledge of the local economic situation, and our proactive relationships with our clients together ensure that we achieve our goal: to help you, the client, do business better, more efficiently, and more profitably.
Our staff have conducted successful audits of a significant number of companies, banks and other financial institutions, and we possesses a thorough understanding of Bosnian Accounting Standards, legislation, and other regulations. And, in addition to having considerable experience serving international clients-across a wide range of industries and commercial activities-we also possess detailed knowledge of International Accounting Standards.