Tuesday, October 27, 2009
All Big Four Firms Make The World’s Top 50 Most Attractive Employers List
Big Four Firms Dominate UK’s Large Cap Market, Is Big Three Possible?
The Financial Reporting Council (FRC), the UK’s independent regulator responsible for promoting confidence in corporate reporting and governance just published its Fourth Progress Report on the implementation of the MPG recommendations on Promoting Choice in the UK Audit Market.
Monday, October 26, 2009
Deloitte Revenues Grow 1% Local Currency, Now Just Behind PricewaterhouseCoopers
Saturday, October 24, 2009
Our Twitter Feed Ranked as Top Five for Accounting Jobs by Dow Jones WSJ
We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!
Thursday, October 15, 2009
Asia Pacific Uber Rich Suffer A Lot In 2008, But Roar Back Quickly
We have blogged earlier about the fascinating results of the 2008 Capgemini Merrill Lynch Global Wealth report, where high net worth individuals (HNWIs – net assets greater than US$1 million) and ultra-high net worth individuals (Ultra HNWIs – net assets greater than US$30 million), the uber-rich of the world, lost a cool $8 trillion of wealth from 2007 to 2008...
Monday, October 12, 2009
PwC FY 2009 Revenues Rise Modestly From FY 2008 Despite Tough Environment
PricewaterhouseCoopers just released its FY 2009 global revenues for the year ending June 30, 2009, which came in at US$26.2 billion, a 7.1% decline from the US$28.2 billion in FY 2008 in US dollar terms. However, on local currency terms FY 2009 revenues were actually higher than FY 2008 by a modest 0.2%. These results were clearly impacted by two large macro factors. The global economic crisis put a sudden halt to the multi-year annual growth in revenues as clients withheld spending on professional services. The other impact was FX, as the appreciating dollar over the reporting period resulted in lower US dollars for each unit of local currency leading to a reduction in revenue on US dollar terms from FY 2008 to FY 2009...
Friday, October 09, 2009
Deloitte Finds Business Tribalization Gathering Momemtum, Still Ways To Go
Tribalization of Business?Really??!! Are we going a few hundred years back in time?
It really appears so. Social media is here to stay and becoming more mainstream each day, and smart businesses better adjust to this new reality....
We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!
SEC’s Strategic Plan Seen to Support IFRS Transition and PCAOB
The Securities and Exchange Commission just released its 2010-2015 Strategic Plan with some broad objectives to focus on securities compliance fostering and enforcement. The US SEC has been under considerable attack since it missed one of the world’s largest $60 billion Ponzi schemes operated by Bernard Madoff. Apparently, there were five particular instances over the years where the SEC could have caught Madoff had they pursued either their own processes or followed through on tips provided to them. Refocusing on enforcement is clearly goal number one...
Wednesday, October 07, 2009
IPO Activity Rises in Q3-2009, China Leads in Numbers and Deal Value
Ernst & Young just released its eagerly awaited Global IPO report, an analysis which is very topical today to validate the recovery seen in capital markets throughout the world. Results from this surveys in recent quarters have been quite glum, as companies and investors stayed away from initial public offerings. But this latest Q3-2009 report appears to have a much more positive spin, in line with other concurrent financial and Big4 surveys which indicate that things may finally be turning around towards better times...
Thursday, October 01, 2009
Accenture Q4-2009 In Line, But Sober Outlook Below Investor Expectations
Accenture just reported its fourth quarter of 2009 and full year of 2009 results at 4 pm on October 1, 2009. billion (versus $21.58 Wall Street expectations), a 8% decrease in U.S. dollars and flat in local currency. EPS of $2.44 plus $0.24 impact from the restructuring charge for total of $2.68 (versus $2.68 Wall Street expectations) compared with $2.65 in fiscal 2008. New bookings were $23.90 billion. Operating income was $2.64 billion, and operating margin was 12.3%. Absent the restructuring charge, annual operating income was $2.90 billion and annual operating margin was 13.4%...
Ernst and Young UK Reports Excellent Results, Beating Rival Big Four Firms
The Times of London just came out yesterday with Ernst & Young’s UK results (surprisingly, we couldn’t find it on the E&Y UK website)...We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!
Subscribe to:
Posts (Atom)
Posts
