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Monthly Archive: November 2009

KPMG To Support The International Valuation Standards Council

KPMG’s international network of member firms will be providing support to IVSC (International Valuation Standards Council), which is charged with developing the transparent procedures and robust for performing international valuations. The member firms of KPMG will provide financial support so as to improve the valuation standards of IVSC in the present day global market.

Steven J. Sherman, the Chair of Global [...]


PwC Collects Record Fees For Lehman Brothers Administration

PwC (PricewaterhouseCoopers), a major global industry-focused advisory and assurance service provider, has announced that they have collected record and accountancy fees for winding-up the Lehman Brothers European operation.

According to PwC, the company was heading into an unknown direction while handling one of the largest bankruptcy cases of the world. The firm issued a report according to which PwC has charged [...]


Deloitte Recap Launches New Biopharmaceutical BI Tools

Deloitte Recap LLC, a subsidiary of Deloitte LLP which is a global professional service provider, has launched the new series of biopharmaceutical business intelligence tools. They are the first two products of Deloitte Recap’s IQ Series. Recap is a new subscription service that will provide analytical tools for corporate strategy, business development, tax, financial, legal, and R&D professionals. These analytical [...]


Capgemini Launches 6 MM Shares Employee Ownership Plan

Capgemini, one of the foremost providers of outsourcing and consulting services of the world, has launched a shareholding plan for its employees. The company has reserved a maximum of 6,000,000 shares for their employees. This settlement-delivery of the shares is expected to occur on December 16, 2009. This offering is reserved for Capgemini’s employees and their French and other foreign [...]


Improved Forecasting For Valuations Critical In This Economy

Company forecasts have been a part of its valuations process for a long time. Targets, budget and growth plans are some of the information that were included into the valuator’s work. However, even with the established processes and benchmarks the work of providing company valuations has become quite difficult during this period of economic turmoil. It has even thrown a [...]


CRM Magazine Names Deloitte As 2009 Top Consultancy Firm

CRM magazine, the leading magazine of customer relationship management industry, has named Deloitte Consulting LLP, the global professional service provider, as the top consultancy firm of 2009. Deloitte has won this “CRM Market Awards" for the second consecutive year.

Jim Davis, the principal of Deloitte Consulting LLP has stated that it is their unique ability to bring people, strategy and technology [...]


Accenture To Supply IT Management to Nokia Siemens Networks

Accenture, the global technology services and management consulting company, has signed a three-year agreement with Nokia Siemens Networks. According to this agreement, Accenture will provide application management services to Nokia Siemens Networks. The financial terms of this agreement were not disclosed.

According to the terms of this agreement, the IT application management services provided by Accenture will support certain finance and [...]


Capgemini And Microsoft Announce Joint ERP+ Initiative

Capgemini, a foremost provider of global outsourcing and consulting services, has announced ERP+ initiative along with Microsoft Corp., the world’s leading software and services provider. The ERP+ is a strategic and multi-million euro initiative and is expected to maximize the return-on investment of their customers from their present SAP installations. Capgemini has also announced the new services that both the [...]


PricewaterhouseCoopers 2009 Revenue Falls on Tough Conditions

Erica deVry, Big4.com Staff Reporter

PwC (PricewaterhouseCoopers), one of the leading industry focused advisory and assurance service providers, recently reported its total gross revenues earned from the operations of its global network of member firms. The FY2009 network revenues of PwC were US$26.2 billion. It declined by 7.1% from the previous fiscal year in US dollar terms. [...]


Accenture Takes Minority Stake in Adchemy

Ethan Strassfield, Big4.com Staff Reporter

Accenture, a leading management consulting and outsourcing company of the world, has formed a global alliance with Adchemy, who is the pioneer of the Audience Relationship Management. Both the companies will help the other large organizations as well as their agency partners to develop successful digital experiences with their respective customers. This alliance will enable the [...]


Many Malaysian Cos Havent Disclosed Remuneration Levels

Ernst & Young, a global tax and advisory service provider, has published a report stating that a number of Malaysian companies are yet to disclose their executive directors remuneration level. In addition, they are yet to relate it with performance. The 2009 executive and board remuneration report of Ernst & Young Malaysia pointed out that though companies have increased the [...]


E and Y: Leading Companies Re-Focus on Their Core Competencies

Ethan Strassfield, Big4.com Staff Reporter

Ernst & Young LLP, one of the leading tax and advisory service provides of the world, has recently released a study that revealed how the leading global companies have dealt with this economic depression. This study has also revealed how these companies are preparing themselves for an eventual recovery.

“Lessons from Change” is [...]