Ernst & Young Combines Far East and Oceania Into Asia-Pacific Region

John Fowler, Big4.com

July 13, 2010

Singaporean and Asian newspapers and websites are reporting that Ernst & Young will combine its Far East and Oceania areas into an integrated Asia-Pacific region.

We’ve moved. Click here to go the full post at the new Big Four Blog at Big4.com!

Big Four Firms Benefit From Strong Growth Outlook In Asia Pacific

Nita Teoh, Big4.com

Jul y 9, 2010

The Asia Pacific Region has been a growth hot-spot for the Big Four firms, as strong increases in the emerging economies in this region has fueled demand for financial and professional services.

As our 2009 Big Four Firms Financial Performance Analysis (available at http://www.big4.com/?page=blog_item&url=the-2009-big-four-firms-performance-analysis-450 or download the entire pdf analysis at http://pdfcast.org/pdf/the-2009-big-four-firms-performance-analysis), shows Asia Pacific has been steadily gaining revenue share over the last six years. 

We’ve moved. Click here to go the full post at the new Big Four Blog at Big4.com!

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...

We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!

KPMG Asia Pacific Chairman Becomes New Deputy Chairman of International Firm

KPMG just appointed John B. Harrison to a newly created and critical position in firm management. Harrison 52, will become deputy chairman of KPMG International. He was most recently chairman of KPMG’s Asia Pacific region and co-chairman of the KPMG China and Hong Kong SAR firm with Carlson Tong, 53. Harrison will continue to hold both positions through March 2009, when his terms expire. Harrison joined KPMG London in 1977 with a B.Sc. in Mathematics from Durham University...

We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!

KPMG Revenue Up 10%, BRIC on Fire!

KPMG LLP just reported its 2006 strong annual results in line with other Big Four firms. 2006 revenues of US$16.9 billion grew 7.6% from US$15.7 billion in 2005 (KPMG LLP's fiscal year ends in September 30, 2006). In local currency terms, revenue growth was 9.6%, indicating that the falling dollar reduced revenue growth by 2%...


We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!