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Monthly Archive: September 2011

Accenture Agrees to Pay Millions in Kickbacks


By Michael Foster, Big4.com Blogger

In 2004, Accenture was accused of taking kickbacks from IT vendors by inflating prices and rigging bids on federal IT contracts. Seven years later, Accenture has agreed to pay $63.7 million to settle the case.

Norman [...]


Capgemini Receives DWP Contract for IT Services


By Kalen Smith, Big4.com Blogger

On September 23 the Department for Work and Pensions (DWP) signed a contract with Capgemini to provide its IT services. The DWP has decided to use Capgemini and IBM as providers of its IT application services. The two firms will play [...]


Big Changes Underfoot In Europe For Big Four Accounting Firms


By Renee O’Farrell, Big4.com Blogger

Michel Barnier, the European Union internal market commissioner, is seeking to prohibit the Big Four accounting firms – Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers – from acting as consultants as well as auditors, reported the Financial Times. Barnier is also [...]


Alexon Acquired for £19 million: KPMG Advised


By Renee O’Farrell, Big4.com Blogger

Earlier this month, shares in Alexon plunged sharply, prompting the retailer to seek a buyer. The Financial Times announced Thursday, September 29, 2011 that Sun European Partners would be [...]


Ernst & Young: UK Business Uncertain About Increased Energy Investment

Erica deVry, Big4.com Staff Reporter

New research by Ernst & Young warns investment by British companies in energy reduction measures may come to an end without a clear understanding of how future energy developments could impact their business.

While a majority of Britain’s leading companies have already invested in low cost, energy efficient measures such as improved temperature controls and lighting [...]


Ernst & Young: Internal System Needed To Comply With Pharma Marketing Code

Erica deVry, Big4.com Staff Reporter

Pharma companies in India need to build an effective internal controls system to comply with new regulations regarding pharmaceutical marketing, according to a new survey from Ernst & Young.

The Ernst & Young study titled ‘Pharmaceutical marketing: ethical and responsible conduct’ is based on a survey conducted among Healthcare Professionals (HCPs) and pharma marketing professionals to [...]


KPMG: Universum Lists World’s Most Attractive Employers in 2011

Kenneth Guillame, Big4.com Staff Reporter

For the second consecutive year, KPMG has ranked second on Universum’s annual index of “The World’s Most Attractive Employers”.

Universum, a global talent consultant, develops its global index of the top 50 most attractive employers by asking students pursuing business and engineering degrees to identify “ideal” employers. The rankings allow employers to measure their level of [...]


KPMG: Firm Acquires Oracle Solution Provider Optimum Solutions

Kenneth Guillame, Big4.com Staff Reporter

In a recent announcement, KPMG will acquire Optimum Solutions, an Oracle Platinum Partner that provides management consulting and system implementation services for organizations using Oracle Corp.’s enterprise software.

Based in San Francisco and founded in 1999, the HCM Oracle solution provider is expected to help KPMG address clients’ enterprise resource planning, human capital, and business [...]


Deloitte: Firm Joins International Leaders To Develop Water Action Hub

Ethan Strassfield, Big4.com Staff Reporter

Deloitte is helping to develop the Water Action Hub, a public online tool to help companies collaborate with governments, non-governmental organizations (NGOs), communities, and other businesses to improve sustainable water management.

The consulting firm is teaming with the International Business Leaders Forum (IBLF), the Pacific Institute and the German International Development Agency (GIZ) in developing the Water [...]


Deloitte: Analytics Team Grows With Addition Of New Partner

Ethan Strassfield, Big4.com Staff Reporter

Telecommunications and media specialist, David Blackwell, has been appointed a partner to Deloitte‘s data analytics team. In his new role, Mr. Blackwell will focus on data and analytics projects for the firm’s technology, media and telecommunications, and energy and resources clients.

Tom Scampion, head of data analytics at Deloitte, commented: “By using data analytics, companies can [...]


PwC: Australia A Global Leader In Carbon Reduction

Rob Starr, Big4.com Staff Reporter

Australia and Europe are cited as the strongest global performers at reducing greenhouse gas emissions in the recent 2011 edition of the annual Carbon Disclosure Project (CDP) Global 500 report, examining carbon reduction activities at the world’s largest companies.

The report written by PwC on behalf of CDP entitled, Accelerating low carbon growth, analyzed disclosures from [...]


PwC: Medical Technology Market Growing In India

Rob Starr, Big4.com Staff Reporter

India is considered one of the top three global markets for direct investment and growth in healthcare, however, medical technology companies looking to expand in the region will face increasing challenges, according to a preliminary study from PwC. 

As access to healthcare in India expands beyond the current middle class to the wider population, multinational medical [...]


PwC: Third Quarter IPO Filings Decline Due To Market Volatility

Rob Starr, Big4.com Staff Reporter

The number of companies going public on U.S. stock exchanges in the third quarter of 2011 dropped sharply from the second quarter due to market volatility, according to IPO Watch, a quarterly and annual analysis of IPO activity by PwC US.

Twenty companies held initial public offerings in the third quarter, with proceeds of $3.1 [...]


Ernst & Young: One of Working Mother Magazine’s 2011 Best Companies

Erica deVry, Big4.com Staff Reporter

Working Mother magazine has positioned Ernst & Young LLP in the top 10 on the 2011 Working Mother 100 Best Companies list and is now a member of its Hall of Fame, according to the current issue of Working Mother magazine. Demonstrating their support to working parents across the country, all of this year’s winning [...]


Ernst & Young: UK Entrepreneurs Create Jobs Despite High Unemployment

Erica deVry, Big4.com Staff Reporter

UK top business leaders who have shown drive and innovation in turning their companies into global performers in challenging economic conditions, are continuing to create jobs on a large scale, according to research compiled by Ernst & Young.

These leading entrepreneurs, named as finalists in Ernst & Young’s 2011 Entrepreneur Of The Year Award, have been [...]