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
...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...
Move comes after accountancy firm abandoned traditional partnership model
...Lewin Higgins-Green Head of Emea Employment Tax & Reward, FTI Consulting, London EC1, UK...
...The spectre of elections looming on the horizon, which could bring changes in the UK government, is also set to affect the market in 2024....
...“Tax and audit work is being replaced by technology and the lowest price is winning, hence the transformation to consulting and advisory services....
...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....
About $10bn of loans have been refinanced in public markets as conditions improve due to rate cuts being on the horizon
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
...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”....
Non-underwriting costs of flotation are the highest Wall Street has seen for five years, according to FT analysis
...Not only are the LLM forecasts better when evaluated over the entire period, they are also better for almost all of the individual years in analysis and forecast horizons . . ....
...Chair, Blackstone Europe, Invest Europe Duncan Tatton-Brown Chair, Oxford Nanopore Technologies Letter in response to this:Britain’s equity market ills have one ready remedy / From John Ralfe, John Ralfe Consulting...
...Even Griffin, whose last year topped Bridgewater’s Ray Dalio as the most successful hedge fund manager of all time, acknowledged that the end of an era may be on the horizon....
...With more deals on the horizon, DD expects competition between Wall Street’s top investment banks not only to score coveted advisory roles but also to secure the best dealmakers in the energy business....
International Edition