Sunday, December 20, 2009

Capgemini Employee Shareholding Plan A Success, Our Math Shows Why

In November 2009, we had reported on the our news feed on Capgemini’s effort to launch a shareholding plan for its employees, with a maximum of 6,000,000 shares reserved for their employees, opening on November 17, 2009 and settlement-delivery of these shares to occur on December 16, 2009...

Friday, December 18, 2009

Big Ernst and Young Settlement on Bally Fitness, Large Implications

This is the leading item on the 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 investor relations site. We will only provide our quick analysis here at this time...

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!

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...

Sunday, December 13, 2009

Accenture Makes Right Decision, Drops Tiger Sponsorship

Just now, on the website Newsroom, we find the following news update:

“Accenture Sponsorship Update

Related Assets December 13, 2009NEW YORK; Dec. 13, 2009 – Accenture (NYSE: ACN) today announced that it will not continue its sponsorship agreement with Tiger Woods...

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...

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...

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...