Hints and tips:
Related Special Reports
...The retirees’ decision to hire lawyers represents an escalation of the fight, even though individuals on both sides continue to describe talks as “productive” or “professional”....
Accounting firm recently agreed to sell a majority stake to New Mountain Capital
...The firm has about 600 partners in the US and is the largest member of Grant Thornton International, a network of accounting firms that use a common brand and co-ordinate services worldwide....
...South East Water, which is under investigation by Ofwat for service failures, declined to comment on the letter....
...H&F’s investment also underscores the growing interest of private equity in professional services firms, and represents a return to large-scale dealmaking in the US accounting sector after a hiatus caused...
...The deal was one of several recent examples of private equity firms investing in the professional services industry....
PCAOB imposes total penalties nearing $12mn against PwC, Deloitte, KPMG and others
...She is one of six directors of the McKinsey Global Institute, the firm’s in-house research arm, a title she uses on the dust jacket to Scientific and Technological Revolutions, along with director of McKinsey...
...The debt deal with Apollo marks one of the largest deployments of private capital into professional services and will be closely watched by the rest of the accounting sector, which has typically shied away...
...“We are in a new era of realising that these partnerships have attractive alternatives,” said Peter Munzig, a partner at TPG, one of the most active dealmakers in professional services....
...The roll out highlights how the professional services industry is increasingly adopting generative AI to automate tasks....
...Reviewers found multiple instances of the firm failing to meet professional standards in its audit work....
...It comes on top of the 800 redundancies Deloitte announced in September — later reduced to about 700 — as professional services firms contend with slowing demand from clients and rising costs amid a tougher...
...“Not all auditors, and not all audits, are created equal,” said Sandy Peters, head of global advocacy at the CFA Institute, a professional body for investors, who is also an adviser to the PCAOB....
...However, in a sharply worded response, the Chartered Institute of Taxation, a professional body, denounced the move calling it “misguided” and said it “strongly criticised” the decision....
...Deloitte is set to cut hundreds of jobs in the UK as the Big Four professional services group contends with slowing demand from clients cutting their spending on advisory services in a tougher economic environment...
...Membership of the American Institute of Certified Public Accountants, the US professional body, fell from 430,000 in 2017 to 415,000 last year and it has missed membership targets in four of the past five...
Big Four firm says suspicious activity quickly spotted but industry disagrees about relying on the new technology
...But it is uncommon for a portfolio manager to take a big team of investment professionals with them, as Megia has done....
...Eide Bailly, a top-20 accounting firm based in North Dakota, told its five regional banking clients in November that it was pulling out of auditing listed financial services companies, according to regulatory...
...The underperformance contributed to a 72 per cent funded ratio last year, compared with a national average of 78 per cent, according to Equable Institute, a New York-based think-tank....
...Caroline Miskin, senior technical manager for digital taxation at the Institute of Chartered Accountants in England and Wales, said: “We hope HMRC will learn lessons and listen to professional bodies and...
...“Secondly, I’m happy building the institute and doing the work I’m doing.”...
...Alastair McCapra, chief executive of the Chartered Institute of Public Relations, a professional body, said he believed the VAT threshold rules amounted to a “significant loophole” that meant the register...
Policies come as Beijing increases control over international financial hub
International Edition