Accenture came out with their Q2-2006 results yesterday (2 days earlier than scheduled), with an EPS of 11 cents and revenues of $4.1 billion, disappointing investors and sending the stock plunging down 7.5% as it opened on Wednesday March 29th....
Wednesday, March 29, 2006
Thursday, March 23, 2006
Big Four Firms Try to Mitigate Audit Risk
Several of the Big Four firms have been in the news recently due to a common issue: the long-tailed effects from the risk of auditing public companies....
Wednesday, March 22, 2006
Andersen Alumni Launch True Partners Consulting
Just last month, we saw another interesting development in the creation of niche tax and consulting firms.
Friday, March 17, 2006
E&Y's Entrepreneurship Gala - Number Two in Monaco
If you just happen to be in Monaco in June this year, consider joining Ernst and Young for their second Entrepreneur Of The Year World Summit, where they bring together all the previous winners of these E&Y awards, and have a heady vision of becoming the “Davos” of entrepreneurs....
Deloitte Wins Internet Keyword Search Volume Race for February 2006
How often do people search for KPMG on the internet? Or for Deloitte? Or for Accenture?We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!
Thursday, March 16, 2006
Global CEOs Say Globalization and Complexity are Today's Key Issues: PwC Survey
Price waterhouseCoopers keeps advertising on our site about their recently published global survey of 1,400 CEOs. So we decided to check out the survey and results....
Monday, March 13, 2006
Has the Easy Money Been Made in Accenture?
Accenture's (ACN) stock price currently is $31.55 per share, down modestly from its 52-week high of $33.05 set on 27 February 2006, and up sharply from its 52-week low of $21.00 set on 13 May 2005, just 9 months ago....
Grant Thornton Reports Doubling of Revenues Since 2002
Grant Thornton (GT) is technically not a Big 4 firm, but certainly home to many Big Four alumni. When we reviewed their recently reported financials, it was clear that the firm is growing rapidly, and seemed to be catching up with the Big Four in the audit, tax and advisory space, at least on some key parameters....
Sunday, March 12, 2006
E&Y on the State of the Accounting Profession
Ernst and Young's Chairman James Turley spoke recently at the Detroit Economic Club about the challenges and opportunities facing the accounting profession.....
Thursday, March 09, 2006
CapGemini Posts Positive Results
After three years of losses, CapGemini finally reported a positive net income for the full year ending 2005. 2005 sales of Euro 6.9 billion increased 15% from the 2004 level of Euro 6.2 billion. But the key indicator of business performance, the operating income parameter, moved from Euro negative 24 million in 2004 to Euro 225 million in 2005, a significant improvement. Net income moved from a loss territory of Euro negative 534 million to Euro 141 million. Net cash jumped from Euro 285 million to Euro 904 million.....
Wednesday, March 08, 2006
Behind the Glamor, PwC Provides Solid Auditing
BearingPoint Launches Search Practice Based on Google
BearingPoint becomes the first of the Big4 firms to start a new service solution to help enterprises install Google search solutions. The goal of Google's Enterprise Search Appliance is to enable the company employee to search for and locate relevant information from the organization's multiple data storage domains.Anyone who works in a large company knows that data is often scattered in multiple formats all over: the user's local hard drive, the company network, the internal website and the external website...
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