Monthly Archive: April 2011
For the second year in a row, all but seven of the fastest growing companies were in the food, drink and tobacco or the electronic product sectors. India’s ITC Limited and Ruchi Soya Industries limited ranked #15 and #20 respectively and the 4th annual ‘Global powers of the consumer products industry 2011’ Deloitte report highlights that compared to the 1.2 [...]
The BRC-KPMG Retail Sales Monitor measures changes in the actual value (including VAT) of retail sales, excluding automotive fuel. The Monitor measures the value of spending and hence does not adjust for price or VAT changes. If prices are rising, sales volumes will increase by less than sales values. In times of price deflation, sales volumes will increase by more [...]
Harry Greenspun, M.D., joins Deloitte from Dell Inc., where he served as executive vice president and chief medical officer, providing strategic clinical input to the senior management team across all health care sectors. He is a highly regarded leader on clinical transformation and health information technology (HIT) and Dr. Greenspun will focus on helping Deloitte’s health sciences and government clients [...]
According to Gartner who rated Deloitte member firms (Deloitte) a “strong positive” for capabilities in enterprise governance, risk management, and compliance (GRC) services, the market for enterprise GRC services is driven by board- and senior executive-level concerns about business uncertainty, including business risks and regulatory compliance. As the global financial crisis transitions to recovery, enterprises are [...]
According to a new PwC report, only 21% of Canadian respondents currently have a CSR plan aligned to the business goals and 29% plan for one in the next three to five years. This is largely because the majority of Canadian private companies view it as a “nice-to-have” rather than a priority (53%). The majority of Canadian private companies have [...]
The fourth annual Australian PwC Transparency Awards include two separate categories and a newly introduced award:
Revenue greater than $20m
Revenue from $5m to $20m
Most Improved Award
“After ongoing consultation with the NFP sector, we saw a need to expand the Awards this year, to facilitate the participation of smaller organisations as well as to introduce the ‘Most Improved Award.’"
That was from Rick [...]
The recent KPMG International study, Corporate Sustainability: A progress report, confirms that U.S. companies are closing the gap with their counterparts elsewhere. More than 62 percent of executives globally say they have implemented a formal sustainability program. As well nearly 55 percent of U.S. executives say their organization has a formal sustainability strategy in place, 19 percent expect to eventually [...]
Lisa Chapman, Big4.com
Here are some numbers which vividly demonstrate the attractiveness of the Big Four firms as a career choice coupled with an awfully tight recruitment market in the UK.
PricewaterhouseCoopers PwC UK says that it received nearly 6,000 applications for the 209 spots for spring 2011 graduate entry into PwC UK. That’s 1 selected out of 30 or a miniscule [...]
The review into the excessive super contributions tax detailed by Assistant Treasurer and Minster for Financial Services & Superannuation Bill Shorten has been welcomed by Deloitte. In response, Deloitte have developed a system which is designed to capture fund information on a monthly basis enabling clients to plan for compliance breaches and planning opportunities as well as identifying:
Required trustee [...]
Many of the major world indices also increased in the three months to 31 March 2011. The US S&P 500 and FTSE 100 experienced increases of 5.4% and 0.2%, respectively. However, the Nikkei 225 recorded a decrease of 4.6%. The S&P/ASX 200 benchmark increased by 2.0% over the same period. Still the big news is the fact [...]
PwC: Q1 2011 Manufacturing Barometer shows 2011 revenue growth projections for U.S. Industrial Manufacturers getting better.
The projected average growth rate for own-company revenue over the next 12 months rose to 7 percent in the first quarter of 2011 from 6.6 percent in the fourth quarter of 2010. The Q1 2011 rate more than doubles the 3 percent projected average growth rate reported in the first quarter of 2010. Eighty-nine percent [...]
PwC: Period after a breach is time-critical when dealing with theft of theft of online gamers personal data
Simon Westcott, director in PwC s financial services strategy group commented on the theft of 70 million online gamers’ personal data in one of the largest privacy breaches to date by saying that it isexpected providers look at ways they can recover the costs of the losses they suffer and ultimately this could be passed on to [...]
Stuart Westgate has been appointed as Director of KPMG’s Major Project Advisory (MPA) practice which advises clients on projects either ‘in play’ or those which are troubled and are running over time or budget. For the last two years, he has worked on secondment as Director of Surface at Crossrail on the delivery of the 90 kilometre above-ground element of [...]