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...Tax accounted for 26 per cent of the US firm’s revenue before the split. Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
...Additional reporting by Antoine Gara...
...Its entire business generated revenues of £923mn in 2022....
...The update comes as the operator of bus, coach and rail services across the world reported a more than 14 per cent fall in adjusted operating profit in 2023....
...General Motors raised its guidance range for the year after reporting strong first-quarter revenue thanks to stable pricing and demand despite high interest rates....
...The Munich-based fintech company Wirecard collapsed into insolvency in June 2020 after reporting that half of its revenue and €1.9bn in corporate cash did not exist....
...Apple’s revenue returned to growth during the holiday period, beating analysts’ expectations with a boost from its services division and solid iPhone sales....
...Apple’s revenue returned to growth during the Christmas holiday period, beating analysts’ expectations with a boost from its services division and solid iPhone sales....
...Among the failings on the M&C Saatchi audit, the FRC said KPMG did not apply sufficient professional scepticism over a client payment that increased revenues by £1.2mn....
...Additional reporting by Cheng Leng in Hong Kong...
...The performance was boosted by faster than expected growth in Alphabet’s Google Cloud services business, which reported revenue of $9.2bn, a 26 per cent rise from the same period last year....
...Spotify reported net income of €197mn on €3.6bn in revenue in the three months to the end of March. In the same period a year ago, it lost €225mn on €3bn in revenue....
...The comments came after ministers last year delayed legislation to set up the Audit, Reporting and Governance Authority (Arga), a new, more powerful accounting and boardroom regulator....
...Janet Truncale, EY’s incoming global boss, will be tasked with developing a new strategy for the firm, which made $49bn in revenues last year....
...The state tax service signed off on its accounts in August, Damerau said....
...Equifax: Shares in the credit reporting agency fell 9.7 per cent after it forecast that second-quarter revenue would fall below analysts’ expectations, as it struggles to navigate a challenging mortgage...
...40 per cent of revenue, boosted sales growth in the first quarter....
...The Financial Reporting Council has since said that Grant Thornton’s audit quality has improved....
...was not enough to prevent the company reporting its fourth period in a row of overall revenue declines....
...Fee compression of 15 per cent in the five years to 2022 equates to $55bn of forsaken revenues based on that year’s AUM, consultancy BCG calculates....
...Coca-Cola defied sales declines in the rest of the consumer goods sector, reporting better than expected revenues and volume growth while continuing to raise prices....
...Additional reporting by Arash Massoudi...
...The world’s second-largest sportswear maker upgraded its guidance after reporting first-quarter revenue increased 4 per cent to about €5.46bn and operating profit reached €336mn from €60mn in the year-ago...
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