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Monthly Archive: June 2010

Capgemini Finds Asian New Rich Now Surpass European Wealthy

 

Rob Starr, Big4.com
June 30, 2010

For the first time, the wealthy in Asia can say they are better off than their European contemporaries.

The 14th annual World Wealth Report by Merrill Lynch Wealth Management and Capgemini shows a dramatic shift in the money landscape between these two continents. Two major factors contributing to this change: a big rebound in Asian stock markets [...]


Accenture signs deal to provide IT outsourcing to Asprea

June 30, 2010 

Kenneth Guillame, Big4.com Staff Reporter
 
LONDON – Accenture will provide application and infrastructure outsourcing services to Aviva’s property claims repair service, Asprea, for its buildings claims division in the UK over the next seven years in a deal that is designed to improve customer service and increase cost efficiencies.
 
The financial terms of the agreement, signed yesterday, were not disclosed.
 
Accenture [...]


India next big destination for Canadian investors, says PwC report.

 June 30, 2010

Erica deVry, Big4.com Staff Reporter
 
June 23 2010 — In the past five years mergers and acquisitions between Canada and India has increased at a significant pace, but is still considerably less than those in the US.
 
According to the latest edition of the PricewaterhouseCoopers (PwC) Capital Markets Flash, India is arguably the world’s most promising emerging market because of [...]


Wind Hot? Perhaps Not, Says KPMG. Investors Like Biomass

 

Rob Starr, Big4.com
June 29, 2010

So you thought wind was hot. Look at all the hoopla that wind power is getting all over the world, and all the windmills which are popping up all over the world.

But it looks like wind’s time may be coming to an end soon.

In talking with 250 senior executives in renewable energy between January and March [...]


Sarbanes Oxley Unscathed by Supreme Court Decision, Big Four Also Win

 

David Nelson, Big4.com
June 29, 2010

We blogged yesterday about the impact of the Supreme Court decision on the Public Company Accounting Oversight Board, which was mainly procedural rather than operational. Apart from requiring that PCAOB members could be removed by the Securities and Exchange Commission “at will” rather than “for cause”, the Court did not require any significant changes in the [...]


The Big Four LinkedIn Group Now Exceeds 25,000 Members

One of the largest groups for Big 4 Firm alumni and professionals 

New York, NY (PRWEB) June 29, 2010 — Big4.com, the premier social networking
forum for alumni and professionals of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers announced today that its LinkedIn.com sponsored group, the “Big Four Firms Alumni & Professionals Global Network”, (http://www.linkedin.com/groups?about=&gid=1022) has exceeded [...]


Deloitte Finds India Ranks Number 2 In Global Manufacturing Competitiveness

 

Kenneth Guillame, Big4.com Staff Reporter
June 29, 2010

New Delhi – Findings of the 2010 Global Manufacturing Competitiveness Index, a research report from Deloitte’s Global Manufacturing Industry group and the U.S. Council on Competitiveness show that access to talented workers capable of supporting innovation is the key factor driving global competitiveness at manufacturing companies. These overpower factors typically associated with competitive manufacturing, [...]


The Big Four LinkedIn Group Now Exceeds 25,000 Members

One of the largest groups for Big 4 Firm alumni and professionals 

New York, NY (PRWEB) June 29, 2010 — Big4.com, the premier social networking
forum for alumni and professionals of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers announced today that its LinkedIn.com sponsored group, the “Big Four Firms Alumni & Professionals Global Network”, (http://www.linkedin.com/groups?about=&gid=1022) has exceeded [...]


PCAOB Can Operate As Usual, Despite Supreme Court Decision

 

David Nelson, Big4.com
June 28, 2010

A deeper reading of today’s Supreme Court judgment reveals two critical points:

One

PCAOB Board members are removable by the Securities and Exchange Commission (SEC) only for good cause. However, the Court had an issue with how the Board members could not be removed by the President of the United States, even for good cause. Since PCAOB was [...]


US Supreme Court Rules PCAOB Law is Unconstitutional

 

David Nelson, Big4.com
June 28, 2010

“We are asked, however, to consider a new situation not yet encountered by the Court.”

This sentence in the opinion of the the Supreme Court of The United States (SCOTUS) says it all – they and we are dealing with new material and new situations hitherto not encountered.

But in a definitive and precedent-setting ruling, the Supreme Court [...]


Sovereign debt crisis will still impact on Eurozone economic growth says Ernst&Young forecast

June 28, 2010 

Ethan Strassfield, Big4.com Staff Reporter
 
Frankfurt – The Eurozone’s financial crises is far from over, according to Ernst & Young’s quarterly Eurozone Forecast (EEF).
 
The EEF has revised its forecast for the region’s growth down to 0.8% this year and 1.3% for 2011. The EEF further indicates that unless the Eurozone seriously tackles structural reforms it will risk an economic [...]


Capgemini urges automotive suppliers to look at new ways of cost reduction

June 28, 2010 

Erica deVry, Big4.com Staff Reporter
 
Paris. – ­With the emergence of new markets and players in the automotive supply industry, it is now more important than ever for companies in this highly competitive field to have effective cost management.
 
A new study into cost reduction strategies for the automotive industry, done by Capgemini, one of the world’s foremost providers of [...]


Deloitte UK HR Head Steps Up In Age Of Social Media

 

Rob Starr, Big4.com
June 27, 2010

Times are changing on the business landscape and that necessarily includes the HR field. The list of attributes the successful HR executive needs has increased and the drive and ambition that was once a cornerstone for the successful HR head like Stevan Rolls (the head of Deloitte UK Human Resources), now also includes an awareness and [...]


PricewaterhouseCoopers Tapped By Afghans, $3 Trillion At Stake

 

John Fowler, Big4.com
June 27, 2010

Just 10 days ago on June 17th, Afghanistan’s mining minister Waheedullah Shahrani shocked the world by indicating that mineral deposits in the country could be worth up to three trillion dollars. Yes, $3 T, with a Big T.

This was three times a US estimate just released, which said Afghanistan had huge reserves of lithium, iron, copper, [...]


Accenture releases results, shows third quarter growth

June 27, 2010 

Christina Broder, Big4.com Staff Reporter
 
New York. – Global consulting firm Accenture has reported third quarter financial results with net revenues of $5.57 billion, an increase of 8% in U.S. dollars and 4% in local currency over the same period last year and within the company’s guided range.
Diluted earnings per share were $0.73, an increase of $0.05 over the [...]