Hints and tips:
...And working out profitability within a division can be tricky given issues such as allocation of group costs....
...With surging labour and technology costs, businesses are seeking benefits of scale, and also bulking out their consulting arms to offer a wider range of services to clients....
...commitment technology to support business and other forms of investment....
...Deloitte announced last month that it would split from the locally owned Russian and Belarusian businesses in its global network of national accounting firms, which share branding and technology, as a result...
...Job moves Latham & Watkins has hired Makan Delrahim, former assistant attorney-general in the US Department of Justice’s antitrust division, as a partner in Washington, DC....
...(Bloomberg) Big Four wannabe UK accountancy Grant Thornton has emerged as one of several challengers to the Big Four auditing heavyweights....
...In November the Grant Thornton investigation revealed a total of £25.5m missing from accounts over several years, with discrepancies in almost a dozen different areas, from “fictional transactions” to staff...
...ITP Aero (FT) Grant Thornton fined £2.3m for Patisserie Valerie audits (FT + Alphaville) Evergrande electric car division cancels Shanghai listing (FT) Jony Ive teams up with Ferrari to develop electric...
...technology group at about $35bn....
...In the UK, for example, fund manager Standard Life Aberdeen last year acquired Grant Thornton’s advisory division and BDO’s Northern Ireland wealth unit....
...SLA’s wealth advisory arm, called “1825” after the year Standard Life was founded, bought two businesses last year: Grant Thornton’s £1.7bn advisory division and BDO’s Northern Ireland wealth unit....
...The heaviest lay-offs fall on the Wall Street bank’s technology and operations division....
...Phil Thornton: There will be a lot of political noises about levelling up....
...Telit has moved to draw a line under criticism of its accounting polices by appointing Grant Thornton’s Israeli office to run a separate independent audit alongside EY’s existing work....
...Briefly Galliford Try has its full-year results out a day after revealing it is in talks to sell its housebuilding division to Bovis Homes....
...FT Alphaville hears strains of UK-listed technology group Globo, which collapsed amid an investigation into falsified accounts — and, like Patisserie Holdings, was audited by Grant Thornton....
...He also revealed a key weakness across the industry that will affect companies like Apple and other big technology groups....
...Underlying the move is a fear that Chinese capital is accessing and making off with valuable and sensitive technologies via minority investments....
...He has also been considering setting up a technology investment fund....
...Uber would retain operational control of the unit, but external partners could share the cost of developing the costly technology and ease concerns over the $500m in cash it burns each year....
...UniCredit has appointed Guido Filippa as head of markets Italy within its corporate and investment banking division....
...For Biffa, the risk would clearly not be security of supply but execution, given other groups’ failures with relatively new EfW technology....
...for Vietnam, Cambodia and Laos at the International Finance Corporation, a division of the World Bank that invests in the private sector in emerging markets....
...A white, low-rise, steel-and-glass building on the estate is the former headquarters of Forest Laboratories, now a division of Allergan following a series of tax-driven takeovers and name changes culminating...
...Phil Thornton, Clarity Economics, Clarity Economics: Britain is going to enjoy a genuine cyclical boom this year....
International Edition