London Tube To Go Down Monday, But No Worries, PwC Has Survival Advice!

John Fowler, Big4.com

4 September 2010

(blog) The London Underground (affectionately, the Tube) is going down at 5 pm Monday on September 6th 2010, as The National Union of Rail, Maritime, and Transport Workers (RMT) goes on strike, which is likely to grind trains to a halt and affect millions of commuters....

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FASB Chairman Herz, ex-PwC, Unexpectedly Retires. Seidman, ex-E&Y, Is Acting

Lisa Chapman, Big4.com

25 August 2010

(blog) We saw it yesterday buzzing around in the news, and also confirmed by the Financial Accounting Standards Board (FASB) that its current chairman Robert Herz is retiring on his own accord almost two years before the end of his term, much to the surprise of the industry, the Board and the Financial Accounting Foundation (FAF). Robert H. Herz was appointed FASB chairman on July 1, 2002, and was reappointed to a second term effective July 1, 2007 for a 5 year term. Previously, he was a senior partner with PricewaterhouseCoopers...

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PricewaterhouseCoopers LLP Pays $378 Million Cash for Diamond Management & Technology Consultants

Susan Black, Big4.com

24 August 2010

(blog) PricewaterhouseCoopers LLP (PwC) is plunking down $378 million in cold hard cash for Diamond Management & Technology Consultants, Inc. in another sign that the M&A market in the consulting business is heating up – see all our previous blogs on this, notably Booz-AT Kearney, Deloitte UK, Accenture and Capgemini being key newsmakers in recent months....

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PricewaterhouseCoopers UK Has A Term For The Housing Market: “Slowth”

by John Fowler, Big4.com

August 20th, 2010

(blog) Stagnation plus inflation is “Stagflation”

Breakfast plus lunch is “Brunch”

You have very likely heard of these common blended words.

Now PricewaterhouseCoopers (PwC) UK introduces “Slowth” into housing lexicon, which is not what the Urban Dictionary defines as “Slowness. Generally sloth-like behavior, especially of computers or co-workers” but presumably a blended word of “Slow” plus “Growth”.

In this case, slowth has hit the UK housing market.

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PricewaterhouseCoopers Tearing Their Hair Out With Fergie

by Rob Starr, Big4.com

August 20th, 2010

(blog) It’s easy to imagine that the money gurus at PricewaterhouseCoopers (PwC) have done more than a few jobs in their time which might have caused them some strife. After all, dealing with some of the biggest names in the financial world and having to juggle complicate money systems from one end of the globe to the other can’t be easy.

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PCAOB Releases 2009 Inspection Report on PricewaterhouseCoopers, 9 Issuers Cited

John Fowler, Big4.com

August 16, 2010

PCAOB just released its 2009 annual inspection report on PricewaterhouseCoopers using inspections from October 2008 through October 2009 at the Firm's National Office and at 34 of its approximately 61 U.S. assurance practice offices.

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Satyam Scam – New Details Emerge Frequently, PwC Still in Focus

The Satyam Scam appears to be unfolding with news coming out so often that the Economic Times of India has a scroll bar with news marked by the minute. Given that the scandal hinges on non-existent cash on the balance sheet, and the lack of adequate controls and checks and balances on this, statutory auditors PricewaterhouseCoopers appears to be right in the middle of this situation.

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PricewaterhouseCoopers in Hot Russian Tea

Following the two billion dollar suit from Fannie Mae against KPMG, we now hear that the Russian tax authorities are filing a suit against the local PricewaterhouseCoopers firm. The accusation: creating a "false audit" for Russian oil giant Yukos.

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Big Four Results: - Huge Size and Interesting Surprises

All the Big Four firms (Deloitte and Touche LLP, Ernst and Young LLP, KPMG LLP and PricewaterhouseCoopers LLP) recently reported their 2006 financial results, which we have compiled for a very interesting analysis.


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PwC in a bit of Miso Soup in Japan

PricewaterhouseCoopers had landed in a bit of miso soup in Japan, as authorities there begin to keep a closer watch on auditor independence. Japan's Financial Services Authority took a historic step in suspending a local audit firm associated with PwC for 2 months....


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Global CEOs Say Globalization and Complexity are Today's Key Issues: PwC Survey

Price waterhouseCoopers keeps advertising on our site about their recently published global survey of 1,400 CEOs. So we decided to check out the survey and results....

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Behind the Glamor, PwC Provides Solid Auditing

The Oscars mark the height of Hollywood glitter, what with the red carpet, cool celebrities and latest fashions. The only secret, even from the papparazzi, is the ultimate winner among all the nominees in that sealed envelope...

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