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Monthly Archive: September 2009

Accenture Provides Finance Services to Scandinavian Airlines

Erica deVry, Staff Reporter

Accenture, one of the leading management consulting and outsourcing companies in the world, will provide SAS (Scandinavian Airlines) with F&A (finance and accounting) services in Western Europe. These services will be offered by Accenture under a 7-year BPO (Business Process Outsourcing) agreement.

The Scandinavian Airlines (SAS) Group is the foremost airline group in Northern Europe, consisting of […]

UniStar And Accenture Extend Agreement For Galaxy IT Platform

 Erica deVry, Staff Reporter

UniStar Nuclear Energy or UNE, and Accenture, a leading global management and outsourcing company in the world, have extended their contract to build, maintain, and operate the ‘Galaxy’ Nuclear Energy IT Platform. This agreement was originally signed in April 2008.

The new agreement signed recently, includes the additional work which Accenture must execute in order to support […]

Deloitte: Small, Medium Private Cos Prefer Separate Standards

Ethan Strassfield, Staff Reporter


According to a new survey by Deloitte more than 200 private company’s financial experts indicates support for separate accounting standards, both for the public and private companies. With IASB’s (International Accounting Standards Board) recently released IFRS for SMEs (International Financial Reporting Standards for Small and Medium-Sized Entities), Deloitte expects that more private […]

PwC Finds Brazil M and A Activity Decreases Sharply In 2009

Kenneth Guillame, Staff Reporter

A recent report by PricewaterhouseCoopers reveals that a total of sixty-six mergers and acquisitions took place in Brazil, in the month of July. PricewaterhouseCoopers, a leading provider of tax, assurance, and advisory services in the world, has its network spread across 153 countries.

The report indicates that during the initial 7 months of […]

KPMG: Alignments Critical For Success And Risk Minimization

Christina Broder, Staff Reporter

According to Mike Nolan of KPMG’s Advisory practice, risk usually stems from change. That is why he feels that every company must make sure that their vital activities are aligned correctly and are regularly reassessed so that they can deal with the probable effects of change. Misalignment of any such activities may […]

Accenture Revamps Leadership And Organization For Growth

Erica deVry, Staff Reporter

Accenture, one of the leading management consulting and outsourcing companies in the world, made organization changes as well as leadership appointments in order to support its future growth strategy.

Among the changes that were made include the recruitment of a chief operating officer, as well as rearrangement of Accenture’s growth platforms into new growth platforms — Business […]

Ernst & Young: Indian Renewable Energy Investments Surge

Ethan Strassfield, Staff Reporter

According to a recent report by Ernst & Young, “Renewable energy in India – the evolving dynamics report”, PE/VC investments, as per the transaction value, recorded 24 percent of the total transaction value; however, in terms of the deal count, it has a considerable share.

Kuljit Singh, Partner and Transactions Advisory Leader for […]

KPMG: Downward Trend In Personal Tax Rates About To Reverse

Kenneth Guillame, Staff Reporter

According to a recent survey by KPMG, the top personal income taxation rate recorded a fall of 0.3% all over the world in the year 2009 to 28.9% from nearly 29.2% in 2008.

Rosheen Garnon, global head of KPMG’s International Executive Services practice and a partner in the Australian firm said “Our study […]

Deloitte Finds Majority Feel US Economy Will Recover Early 2010

Christina Broder, Staff Reporter

A new survey form Deloitte, titled “Here Today, Where Tomorrow? Taking Action in Uncertain Times,” reveals that while majority of the companies surveyed feel that U.S economy will show signs of improvement towards early 2010, majority of those same businesses will also lag behind general economy while the recovery takes place. The […]

PwC: New Delivery Models Needed For Efficient Healthcare

Christina Broder, Staff Reporter

A recent survey by PricewaterhouseCoopers reveals that unless any new-care delivery models such as online doctor appointments and telehealth are created, universal coverage could jam the healthcare system.

The survey by PwC questioned almost 1,000 American consumers. Almost 55% respondents believe that the universal health coverage may not guarantee equivalent access to care […]