KPMG on air

The so-called ‘halo’ – a titanium roll bar above the cockpit of racing cars – has already saved lives in Formula 1. It was developed by CP Tech, a medium-sized company based in Westphalia.

This is an example of world-leading innovation that flies under the radar – and demonstrates how the research allowance can be a key factor in a company’s success.

Julian Karthaus, CFO of CP Tech, explains how this works in practice in a podcast with KPMG tax expert Daniel Schaber and presenter Kerstin Heuer. Drawing on practical insights, find out how development projects are managed at the intersection of day-to-day operations, uncharted technological territory and measurable targets; where concrete funding potential lies; and how to identify eligibility for funding internally.

An overview of the key topics:

• How innovation can be developed from an isolated case into a systematic process
• When projects are considered eligible for funding – from the product idea to process improvement
• Why many SMEs fail to capitalise on funding potential
• The role of accurate project and time tracking
• Just how significant the financial benefits of funding can be
• Why it is also worth submitting retrospective applications

Today, defence capability no longer arises solely from the armed forces and large defence contractors. It is the result of an ecosystem in which public procurers, established defence contractors, specialist SMEs, new entrants from the defence technology sector, civilian companies with dual-use capabilities, associations and investors all work together.

Dr Simon Milewski, defence expert at KPMG, is joined by Dr Marie-Agnes Strack-Zimmermann, Member of the European Parliament and Chair of the Committee on Security and Defence, and Dr Juri Sidorenko, founder of the defence start-up Lateration.

The discussion focuses on the points of friction in the interaction between these stakeholders: Where are we losing momentum? Which structures enable effective procurement? How can collaboration between established and new suppliers succeed? And how does the European perspective fit in with national interests?

Links and further information:

Further discussions on resilient corporate governance and business performance can be found in the recordings from the KPMG Future Summit

The German government and the European anti-money laundering authority, AMLA, are imposing new requirements on companies in terms of controls, data analysis and responsibilities. In this episode of KPMG on air, Alexander Geschonneck, Global Head of Forensic, and Barbara Scheben, Head of Forensic in Germany, explain what this ambitious overhaul means in practical terms for businesses.

In this episode, you’ll learn more about the new standards introduced by AMLA, the risks associated with sanctions and the use of AI in fraud cases. The experts explain why companies should adapt their business partner due diligence, approval processes and training programmes to new risk scenarios.

Overview:

• Action plan against tax and financial crime
• AMLA and new supervisory standards
• Financial sanctions as a responsibility of corporate management
• AI fraud, deepfakes and approval processes
• Governance as protection against new risks

Links and further information:

KPMG study: Economic crime in Germany