Hints and tips:
Related Special Reports
Former US partners hire lawyers in fight for bigger share of the proceeds from New Mountain deal
Accounting firm recently agreed to sell a majority stake to New Mountain Capital
...private equity group Hellman & Friedman to fund an acquisition spree, and is likely to further intensify competition in a sector that has been fast expanding beyond traditional tax and accounting into consulting...
Hellman & Friedman-led deal is largest in a sector reconsidering its partnership model
...Dhar and his allies were found to have committed “significant violations” of electioneering rules and firm policies, said people familiar with the matter....
...While spinning out divisions into separate entities frees them from conflict of interest restrictions within the Big Four audit and consulting firms, some partners are sceptical of the benefits when weighed...
...The firm’s largest business, consulting, continued to be its fastest growing, posting revenues up 19.1 per cent in local currency, to $29.6bn....
PCAOB imposes total penalties nearing $12mn against PwC, Deloitte, KPMG and others
...Some of the world’s biggest audit and consulting firms are asking staff to use burner phones when they visit Hong Kong, a sign of the increasing difficulties global companies are facing in a city long known...
...Although she was not a member of the global leadership that pushed the project, she had been a close ally of Di Sibio in a US leadership team that was often more sceptical....
...Although Truncale had not been a member of the global executive team under Di Sibio, she is his longtime ally and had been a supporter of the plan to split the firm, which would have been the most radical...
...“Tax and audit work is being replaced by technology and the lowest price is winning, hence the transformation to consulting and advisory services....
...Cash-balance pensions are technically defined benefit plans, because unlike 401k defined contribution pensions, members have the right to convert their cash balance into a lifetime pension....
...In October, the Financial Times reported that Deloitte was planning to axe about 150 junior consulting roles as part of its initial redundancy round....
...The Big Four accounting and consulting firm first launched the internal tool, called “PairD”, in the UK in October, in the latest sign of professional services firms rushing to adopt AI....
...Four members of the Paramount board, including some longtime Redstone allies, recently decided not to stand for re-election following the failed Apollo approach....
...Neil Dhar, who had been considered a frontrunner to replace Tim Ryan as US senior partner, was removed as a candidate in December and dropped from his role as co-leader of the US consulting business, said...
Big Four firm says suspicious activity quickly spotted but industry disagrees about relying on the new technology
...One recent study by researchers from Columbia University, the University of Houston and the Brattle Group consulting firm quantified the shortfall....
The least-loved slice of the financial information business
...She explained eastern European Nato countries still had defence requirements which meant “Germany can’t and shouldn’t simply say we’re going to take this air defence system out” without consulting privately...
...Consulting work slowed in the past year after enjoying bumper growth in 2021 and early 2022 when companies were seeking advice on how to deal with challenges linked to the Covid-19 pandemic....
...Revenue in consulting grew 16 per cent, to £1.6bn. Houston said the firm’s financial services, energy and resources, and public sector teams had all experienced “significant demand”....
...(Nikkei Asia) Washington pushes allies to tighten China chipmaking restrictions (FT) Alibaba to improve stock options and other incentives for employees (Nikkei Asia) Anyone for crickets?...
...Chinese chipmakers are taking group tours to network with their Japanese counterparts, as the semiconductor industry adapts to increasingly stringent export controls introduced by the US and its allies....
International Edition