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Monthly Archive: August 2010
Ex-KPMG Tax Senior Manager Convicted For 10 Years, But With $3 Million Lower Penalty
August 30, 2010

Lisa Chapman, Big4.com
30 August 2010
(blog) It’s been a while since we saw some news from the KPMG tax shelter case, which was being judged by Justice Kaplan in New York, and we have blogged a lot about … Continue reading…
Deloitte UK Urges Disability Sports Clubs To Claim Their GBP 7.5 Million In Tax Savings
August 30, 2010
Christina Broder, Big4.com Staff Reporter
30 August 2010
Deloitte UK wants every of the around 2,000 amateur disability sports club in the UK to register as a Charity or a Community Amateur Sports Club (CASC).
What’s at stake – an … Continue reading…
KPMG Uncovers Financial Fraud at The Centre for Humanitarian Dialogue
August 30, 2010
Ethan Strassfield, Big4.com Staff Reporter
30 August 2010
The Centre for Humanitarian Dialogue (CHD), an independent mediation organization, has sadly been the victim of business fraud by its own former Director of Finance and Administration. The fraud was discovered in … Continue reading…
Mind-Boggling: Deloitte Stumped By Low Awareness On Business Analytics
August 30, 2010
Erica deVry, Big4.com Staff Reporter
30 August 2010
Deloitte is puzzled by the response to its own recent internet survey on business analytics, "Business Analytics: Shifting from Hindsight to Insight to Foresight"
"Mind-boggling," said John Lucker, a principal with Deloitte … Continue reading…
Ernst & Young Sued In Houston By Investors Who Lost Money in Parkcentral Global
August 29, 2010
Kenneth Guillame, Big4.com Staff Reporter
29 August 2010
Ernst & Young (E&Y) is facing a securities lawsuit from a group of investors who lost more than $17 million following the collapse of a Plano, TX-based hedge fund that promised low-risk … Continue reading…
Deloitte UK Finds Faster Broadband May Not Impel People To Watch More Internet TV
August 29, 2010
Ethan Strassfield, Big4.com Staff Reporter
29 August 2010
One would tend to link faster internet speeds with higher propensity to surf the internet. After all, who wants to wait on slow downloading speeds.
But Deloitte UK has a surprising finding … Continue reading…
PricewaterhouseCoopers Urges Internal Audit To Become Critical To Top Leadership
August 28, 2010
Erica deVry, Big4.com Staff Reporter
28 August 2010
An extensive recent survey conducted by PricewaterhouseCoopers (PwC) of 2,000 executives from 55 countries, titled, “2010 Global State of the Internal Audit Profession” shows that the internal audit function has the right … Continue reading…
PricewaterhouseCoopers: H1-2010 Global Automotive Industry M&A Up Modestly
August 27, 2010
Kenneth Guillame, Big4.com Staff Reporter
27 August 2010
While the automotive industry as a whole has been rather slow in making deals in the recent past, the automotive transaction services practice at PricewaterhouseCoopers LLP (PwC) indicates a small upward movement … Continue reading…
Capgemini: July 2010 UK Online Spending Is £5 Billion, Highest This Year
August 27, 2010
Erica deVry, Big4.com Staff Reporter
27 August 2010
There is very good news on the online retail front in the UK.
The latest IMRG Capgemini e-Retail Sales Index shows shoppers spent £5 billion online in July in 2010, the highest … Continue reading…
KPMG Australia Finds Fraud Supercases Are Driving High Fraud Levels
August 27, 2010
Christina Broder, Big4.com Staff Reporter
27 August 2010
The latest KPMG Fraud Barometer for Australia for June 2010 finds the total level of fraud in Australian courts is A$132,176,000 for 56 cases, the second-highest ever recorded by this barometer. Though … Continue reading…
PricewaterhouseCoopers: South African Wine Industry Faces Strategic Crossroad
August 27, 2010
Christina Broder, Big4.com Staff Reporter
27 August 2010
PricewaterhouseCoopers (PwC) recently released its South African Wine Industry Insights Survey 2010, finds the industry is facing tough strategic choices, driven by falling margins, strapped customers and decreasing yields. The survey looked … Continue reading…
Deloitte Study Finds Indian Space Industry To Blast Off With 14.8% Growth
August 27, 2010
Erica deVry, Big4.com Staff Reporter
27 August 2010
A recent study by Deloitte India, CII and Antrix at the Bengaluru Space Expo shows India’s space industry is expected to expand at a substantial rate, despite the global economic slowdown and … Continue reading…
mPHR Can Be Critical In Reducing Health Care System Costs, Says Deloitte
August 27, 2010
Ethan Strassfield, Big4.com Staff Reporter
27 August 2010
The state of California just launched the nation’s largest telehealth system last week, a landmark event that uses state-of-the-art technology to connect consumers and providers aimed at more-effective but lower-cost health care.… Continue reading…
UK Employers Finding It Hard to Fill Key Job Vacancies Today, Says KPMG
August 26, 2010

by Rob Starr, Big4.com
August 25th, 2010
(blog) Here’s another one for the truth is stranger than fiction file. According to a new report from KPMG UK, almost half of the British employers surveyed said that they were having a … Continue reading…
FASB Chairman Herz, ex-PwC, Unexpectedly Retires. Seidman, ex-E&Y, Is Acting
August 26, 2010

Lisa Chapman, Big4.com
25 August 2010
(blog) We saw it yesterday buzzing around in the news, and also confirmed by the Financial Accounting Standards Board (FASB) that its current chairman Robert Herz is retiring on his own accord almost two … Continue reading…
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