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Monthly Archive: February 2007

KPMG on Balancing of Global Demands against Tax Transparency

"According to KPMG, companies worldwide are getting measured against new standards of transparency in tax payments. Making this even more complicated is tax competition between countries, new regulatory pressures, modernization of tax administrations, and a growing public interest.
 

How can companies manage tax functions and avoid penalties to protect reputations?
 

KPMG shows four global trends which are proving effective measures:

·         Effective business [...]


Alternatives to the American IPO: Listing on AIM

"Going public has never been an easy endeavor. It requires deep expertise from seasoned advisors, significant amounts of capital to invest in the process, and the confidence that your company will demonstrate the consistent earnings growth necessary to succeed under the public company magnifying glass. Traditionally, these have been the only barriers to going public in a small cap/micro cap [...]


KPMG on WSJ’s Front Page: Continued Fascination with the Big Four

"David Reilly has a fascinating article on KPMG LLP which featured yesterday on the home page of the Wall Street Journal. It is heartening to see Big Four firms getting top coverage (some good and some bad) on the nation s most widely read business newspaper.
 

Mr. Reilly takes us deep into the circumstances surrounding the apppointment of Tim Flynn at [...]


Deloitte Head to Become Governer of Hungary Central Bank

"A Deloitte Partner makes headlines in Hungary.

We hear that Andras Simor, country head of Deloitte and Touche LLP since 2002 will be appointed as the next governor of Hungary s central bank. He will take the job in March 2007 when Zsigmond Jarai, the current governor s term expires. Mr. Simor is a non-political appointee, thus somewhat immune from partisan [...]


PricewaterhouseCoopers Delivers the News:Less Welcome Than Usual

"The PricewaterhouseCoopers auditors (green-shades, according to popular press) did show up at the Oscars yesterday with their sealed envelopes and armed gaurds following 70 years of tradition in sending, receiving, counting, auditing and determining the winners.

This year s crop of films wasn t the best by previous standards, and the awards went to many of the favorites-to-win…Helen Mirris for ""The [...]


Ernst & Young 2006 Venture Capital At Record Level

"2006 marks venture capital investment into European companies at €4.12 billion, which is the highest annual investment in the last four years, according to Ernst & Young and Dow Jones VentureOne through their quarterly European Venture Capital Report.
 

On the other hand, United States was boosted by additional funds received by technology companies. Though this was 5% growth over the 2005 [...]


KPMG LLP’s Mike Rake Writes from WEF in Davos

"Mike Rake, Chairman, KPMG International has penned three down-to-earth, frank and whimsical notes in his WEF Diary while attending the action packed event at Davos from January 24 to 26, 2007.

 

 

 

It is a mixture of personal observations, attendances at keynotes, pining for a greener world and his misgivings about the true nature of the gathering. His blog brings us into [...]


CapGemini on Buying Spree

"CapGemini is on an acquisition rampage, especially in the US.

After acquiring Kanbay for 1.25 billion, it recently announced the acquisition of Chicago-based Software Architects which has sales of 68 million.
 

The stock price of course, is on an upward incline and all this M and A activity does not seem to have put a dent in the ascent.

CapGemini reports its quarter [...]


Accenture to Have More Indian than US Employees

"Accenture (NYSE: ACN) is planning to hire an additional 8,000 staff in India to increase its numbers from the current 27,000 to 35,000 by August 2007. This will make India the Accenture s largest employment hub, overtaking the United States (30,000 employees). This growth supports India s story as the world s leading destination for outsourcing. Accenture s 27,000 Indian [...]


Deloitte Head to Become Governer of Hungary Central Bank

"A Deloitte Partner makes headlines in Hungary.

We hear that Andras Simor, country head of Deloitte and Touche LLP since 2002 will be appointed as the next governor of Hungary s central bank. He will take the job in March 2007 when Zsigmond Jarai, the current governor s term expires. Mr. Simor is a non-political appointee, thus somewhat immune from partisan [...]