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Monthly Archive: August 2007

Accenture Acquires George Group

Christina Broder, Big4.com Staff Reporter

"Accenture has decided to acquire George Group, a private consulting firm which helps governments and companies to improve their performance through rationalized operation, accelerated innovation, and strategic process improvements. The acquisition will improve and increase the ability of Accenture to assist clients to become high-performance companies through the addition of specialized [...]


KPMG Predicts that Global M&A Market is about to Peak

Erica deVry, Big4.com Staff Reporter

"Global M&A Predictor of KPMG Corporate Finance suggests that the Global Mergers and Acquisitions market is going to peak, and further predicts a fall in overall deal volumes this year. KPMG believes that in the year 2007 the global deal volumes will be much less than those achieved in the year [...]


Bearingpoint To Execute System For Consolidated Reporting

Ethan Strassfield, Big4.com Staff Reporter

" BearingPoint Implements a Common system for Consolidated Reporting Preparation for Siberian Coal Energy Company (SUEK). The system will reduce the time required for transformation of financial statements to IFRS and make consolidation process more effective.

Moscow-based OOO BearingPoint, a subsidiary of BearingPoint, one of the global players in management and technology [...]


BearingPoint to Implement Reservation System for Mexicana Airlines

" BearingPoint, Inc has been chosen to decide on a new reservation system for Mexicana Airlines, which is presently running on a legacy system. BearingPoint, one of the largest management and technology consulting firms, has to organize surveys and vox populi to get a clear picture of the current processes and the expectations of the senior executives of the airlines.
 

This [...]


Customer Relationship Management Needs Marketing, Sales and Service Agility

"According to a new book by Accenture and Montgomery Research, Inc. named ""CRM Transformation: Transforming Marketing, Sales and Service,"" Customer Relationship Management needs agile marketing, sales and service capabilities of a famous athlete to allow today’s businesses to outpace their rivals in the race for customers.
 

""CRM Transformation: Transforming Marketing, Sales and Service"", produced by the two companies, contains new essays [...]


CapGemini Develops Rugby Word Cup 2007′s Official Website

"Rugby World Cup Limited (RWCL) selected Capgemini Group in order to create, develop and organize the IT systems for the third largest sporting event of the world. For the Rugby World cup 2007, Capgemini is the unique contributor of IT systems. The official website of the competition, designed and developed by Capgemini, went online this week.
 

Mike Miller, Managing Director of [...]


Forrester Research Firm Names Deloitte a Risk Consulting Services Leader

"According to Forrester Research, a globally respected independent researcher, Deloitte is a market leader in risk consulting services. Forrester Research discovered that the member firms of Deloitte offer the most complete range of services and obtain the highest overall scores.
 

The report of the Forrester Research titled ""Forrester WaveT: Risk Consulting Services, Q2 2007"", assesses the relative capabilities of top global [...]


E&Y on Global Venture Capital – Vibrant and Accelerating

"Ernst and Young has just released its Global Venture Capital Report 2007 showing that the venture capital market around the world remains vibrant and accelerating. Global venture capital funding in US, Europe, Israel, China and India totalled $35 billion in 2006, with China registering the sharpest growth at 58%. India also grew sharply but from a small base.
 

In the US, [...]


PricewaterhouseCoopers Appoints New Senior Partner for Continental Europe

"The CEO of PricewaterhouseCoopers Switzerland, Markus Neuhaus, has been chosen as the Senior Partner of Eurofirms which is the continental European organization of PricewaterhouseCoopers. In this role, Markus Neuhaus will succeed Wolfgang Wagner and will retain his role as PricewaterhouseCoopers s CEO.
 

PricewaterhouseCoopers Eurofirms which was established almost four years ago connects together about 20 continental European firms of PricewaterhouseCoopers. Having [...]


Judge Kaplan Overthrows Case Against KPMG Employees

" We have blogged earlier about Judge Kaplan and the government s tax fraud case against 13 ex KPMG employees and all the twists and turns that the trial has taken over the past few months.

Today Judge Kaplan completely overturned the government by dismissing the charges because prosecutors blocked the defendants from putting on a defense. He indicated that the [...]


New Regulation to Fuel Insurance Market Competition

"With the objective to harness corporate risks and supervise insurers better, Ernst & Young published draft directives for Solvency II, which would be implemented in the near future. In the wake of the market downturn both in 2001and 2002, the company realized that a risk managing and flexible corporate regulatory system unlike Solvency I has to be developed that can [...]


PCAOB 2006 Report on KPMG – 7 Issues Cited

"  The Public Company Accounting Oversight Board today released its 2006 report on KPMG (the third Big Four firm report to be issued). Based on the Sarbanes Oxley Act, the PCAOB must review accounting firms that audit 100 or more public companies once a year.
 

The PCAOB inspection staff performed an inspection of KPMG from May 2006 to December 2006 doing [...]


Businesses Considering Investment in Emerging Countries Must Look Beyond The BRIC Countries

" According to a new report from PricewaterhouseCoopers, companies thinking about direct investment in emerging markets must look at a wide range of possible destinations when taking final decision. The report, The PricewaterhouseCoopers EM20 Index – Balancing Risk & Reward points out that the BRIC (Brazil, Russia, India and China) countries which are the top emerging economies have specific attractions, [...]