Sunday, February 22, 2009

Golf and Big Four Firms – Drama and Excitement Next Week!

When do the legendary game of golf and great Big Four firms meet on equal ground?

This intersection happens when two of the top players in the world are sponsored by two of the Big Four firms. Add to that background some competitive drama, and you have the makings of a golf thriller...

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Wednesday, February 18, 2009

BearingPoint Files for Chapter 11 Bankruptcy Today

Today, BearingPoint, Inc. announced “it has achieved a financial restructuring agreement with its senior secured lenders that will significantly reduce its debt and improve its capital structure.”

In other words, the firm is bankrupt...

Monday, February 09, 2009

PwC CEO Confidence Survey Shows All-Time Low Confidence

PricewaterhouseCoopers’s recently published 12th annual CEO survey tells us nearly what every other survey indicates. Echoing the pessimism which Deloitte found in January 2009 in global CFOs, this shows that CEO confidence is at an all-time low. Globally, only 21% of CEOs seem to be very confident on any revenue growth at all in the next 12 months. This is spectacularly down from a reading of 50% in last year's Global Annual Survey...

Saturday, February 07, 2009

KPMG's Novel Experiment for 4 Day Work Week Appears Closer to Fruition

Last month KPMG UK introduced a scheme where all of KPMG UK's 11,000 employees could as a group take a voluntary pay cut through either a 4 day work week or a sabbatical in order to avoid any job cuts for employees selectively affected by the global economic crisis...

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Monday, February 02, 2009

PricewaterhouseCoopers Celebrates 75 years "Diamond Anniversary" Counting Oscars® Ballots

The upcoming 81st Annual Academy Awards, popularly known as the Oscars will be held in Los Angeles on Sunday, February 22, 2009.

And this year marks an important landmark for a Big Four firm....

We've moved. Click here to go to the full post at the new Big Four Blog at!

Sunday, February 01, 2009

Accenture Stock Holding Up, Tremendous Operating Performance

Accenture (NYSE:ACN) stock has performed extraordinary well over this credit crisis and against the sinking global stockmarket. In 2008, the Accenture stock fell only 7.6%, 30% better than its industry and 31% better than the S&P500 index. At the current price of $31.56, the stock has been fairly flat compared to its level in January 2008. In the same period, the S&P500 has dropped by around 40% and continued its fall in January 2009 by another 9%...