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
...“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....
Big Four firm says suspicious activity quickly spotted but industry disagrees about relying on the new technology
...It is a rite of passage for those new to public accounting, as well as the reason many decide the career is not for them....
...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
...“Shareholder frustration with executive pay is going to continue to play a role in the passage of these proposals”, and investors “definitely are using a higher standard to gauge them”, she said....
...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”....
...The C$100mn (US$73.6mn) pact ends a six-month stand-off following the passage of an online news law designed to funnel some of the cash that Google and Meta, the parent of Facebook and Instagram, make from...
...The US securities regulator says Texas-based Agridime LLC and its owners — Josh Link and Jed Wood — have been running a $191mn Ponzi scheme selling “Cattle contracts” in 15 states....
Non-underwriting costs of flotation are the highest Wall Street has seen for five years, according to FT analysis
...Who Lisney Sotheby’s International Realty Passage West, County Cork, €1.95mn Where In the southern port town of Passage West, which is a 20-minute drive from Cork city....
...Under the recovery fund’s design, disbursements depend on whether national governments meet targets set by the European Commission, often involving the passage of legislation....
...In Anne Rice’s novels, vampires bear witness to the passage of time. A vampire could have seen the building of the pyramids, the fall of Rome, the Napoleonic Wars, the invention of the airplane....
International Edition