Sunday, December 20, 2009
Friday, December 18, 2009
Big Ernst and Young Settlement on Bally Fitness, Large Implications
This is the leading item on the SEC.gov website today, with the SEC charging Ernst & Young LLP and 6 current and former partners for their roles in the accounting fraud at Bally Total Fitness Holding Corporation...
Thursday, December 17, 2009
Accenture Q1-2010 Revenue Short But EPS Beats Street. Good Outlook
Accenture Q1-2010 Revenue Short, But EPS Beats Street. Good Outlook
Accenture (NYSE:ACN) just reported Q1-2010 results after market close today. The full earnings release is available on the Accenture.com investor relations site. We will only provide our quick analysis here at this time...
Labels:
Accenture,
consulting,
earnings,
EPS,
outsourcing,
Q1-2010,
revenue
KPMG 2009 Revenues of $20 B Drop 11%, Most Among Big Four Firms
KPMG just reported its 2009 combined revenues for the fiscal year ending 30 September 2009 of US$20.11 billion versus US$22.69 billion for the prior 2008 fiscal year. This was a 11.4% decline in U.S. dollars terms and a 2.6% decline in local currency terms...
We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!
We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!
Tuesday, December 15, 2009
KPMG Europe Revenues Drop 0.4% As Expected, Audit Shines
KPMG Europe LLP, which covers the UK, German, Swiss, Spanish and Belgian practices just reported its 2009 revenues at €3.5 billion in the year ending 30 September 2009, a 0.4% drop from 2008 on a pro forma basis at constant exchange rates. Overall, KPMG said that top-line growth proved hard to come by as a result of difficult market conditions...
Monday, December 14, 2009
Big Four Firms Dominate Best Places to Intern Rankings
If you want to find a great job upon graduating from college, then starting early appears to be the secret.
Business Week and Bloomberg just released their third annual listing of top undergraduate internship programs in the country based on pay and the percentage of interns who get full-time jobs, and feedback from career services directors...
Labels:
Big 4,
Bloomberg,
Business Week,
Career,
internship,
Rankings,
undergraduate
Sunday, December 13, 2009
Accenture Makes Right Decision, Drops Tiger Sponsorship
Labels:
Accenture,
advertising,
Golf,
sponsorship,
Tiger,
Tiger Woods,
update
Saturday, December 12, 2009
Tiger Drops Golf, Accenture Drops Ads
Yesterday, Tiger Woods made a public statement that he was taking an indefinite break from professional golf on his home page. Much has been made of the exact words used in this statement. Regardless this was the perhaps the right (and very tough) decision to make under these trying circumstances...
Labels:
Accenture,
advertising,
brand,
Gillette,
Golf,
indefinite,
sponsorship,
Tiger Woods
Thursday, December 10, 2009
China and Brazil Lead IPO Comeback In 2009
In consonance with a smart pickup in global equity markets from a trough in March 2009 to near January 2009 values towards the end of this year, Initial Public Offerings have also gathered a lot of steam...
Wednesday, December 09, 2009
Tiger Woods Dilemma for Accenture – Cloud or Cancer?
Using celebrities as company advertising fronts has both immense rewards and equally high risk. On the positive side, associating with a well-known, successful and popular personality provides instant brand recognition, enhances the company by association and quite often works off the image already created and crafted by that celebrity. The risk however is that any negative impact to that celebrity creates collateral damage for the company, and a long-term association is difficult to quickly unwind...
Labels:
Accenture,
Elin Nordegren,
Florida,
Match Play,
sponsorship,
Tiger,
Tiger Woods
Thursday, December 03, 2009
KPMG Global Business Outlook Validates Current Optimism and Confidence
KPMG recently released its Global Business Outlook Survey on global manufacturing and services. And it has good news for the world economy and some unexpected surprises.
Overall, the survey indicates that, with manufacturing and service sectors getting more confident, there are robust growth prospects for the world economy over the next 12 months...
Labels:
BRIC,
business activity,
Business Outlook Survey,
employment,
Global,
kpmg,
US
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