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Monthly Archive: October 2011

PwC Sustainable Business Solutions Welcomes Two Managing Directors

By Michael Foster, Blogger






In an effort to focus on its sustainable business solutions services, PwC has hired two new directors with extensive experience in business sustainability and strategy consulting.

Eric Israel joins PwC from KPMG, where he was a managing director of the firm’s US advisory practice on climate change and sustainability. Israel had worked […]

PwC: Comments on IDS analysis of FTSE100 company director pay

Rob Starr, Staff Reporter

Tom Gosling, partner at PwC comments on the fact that the IDS today released their analysis of FTSE100 company director pay recently.

He says that it is important to highlight the IDS survey is focused on 2010 data. He notes that through 2010 the economy was coming out of recession, share prices rose nearly 10% over […]

PwC: Looking at the psychology of incentives

Rob Starr, Staff Reporter

Underlying incentive models are somewhat ineffective. This is a direct result from the global slowdown according to PwC findings.

Karen Crous, Associate Director in Tax at PwC comments saying that reward mixes where there is a fixed salary and a variable portion, the variable portion relates to a company’s and employees’ performance and is based on […]

PwC: market volatility and economic uncertainty doesn’t stop Asia’s financial institutions

Rob Starr, Staff Reporter

Dominic Nixon, Asia Pacific Financial Services Leader, PwC LLP Singapore has noted that prospects for both inbound and outbound financial services M&A  in Singapore will be strongly positive in the next 12 months as 50% of the respondents indicate that M&A is being considered.

Domestic private consumption is seen as the key driver for in-market consolidation, […]

KPMG: Half of Singapore CFOs have been on job less than three years.

Kenneth Guillame, Staff Reporter

According to a study of 461 CFOs profiled in a CFO Competencies and Profile study undertaken by KPMG Institutes in Singapore, around 75 percent of CFOs polled in Singapore worked at a different job previously and half had been in their current role for less than three years.

Tham Sai Choy, Managing Partner, KPMG in Singapore […]

KPMG: Some CFOs In Singapore Have Insufficient Accounting Backgrounds

Kenneth Guillame, Staff Reporter  

The Singapore chapter of the KPMG Institutes global network launched earlier this year is the first outside of the U.S.

The KPMG Institutes network was developed to help business professionals perform their role better. Each Institute in the network focuses on a specific industry or role and provides its members with a place to turn […]

Ernst & Young: Oil and Gas Eye Index Falls In Q3 2011

Erica deVry, Staff Reporter

Ernst & Young‘s Oil and Gas Eye Index, which has been in decline since the beginning of 2011, recorded the largest quarterly drop in its value since the end of 2008. The Index, which measures the performance of AIM-listed oil and gas companies, fell by 26% during the third quarter of 2011, erasing many of […]

Ernst & Young: Paul Siviour Appointed Oceania Banking and Capital Markets Leader

Erica deVry, Staff Reporter

Ernst & Young is pleased to announce the return of Paul Siviour to the firm in his new role as Oceania Banking and Capital Markets leader.

As a former Partner in Ernst & Young’s Corporate Finance practice for eleven years, Mr. Siviour also held a position as a member of the Board of Partners of Ernst […]

Deloitte: Suncorp Helps Queensland Recover From Summer Of Disasters

Ethan Strassfield, Staff Reporter

Suncorp, one of Australia’s largest insurers, helped create nearly 3,700 new jobs in the immediate aftermath of last summer’s string of natural disasters in Queensland, according to a recent Deloitte report, generating more than $1.2 billion in longer term economic activity.

The Road to Recovery, a Deloitte Access Economics report, highlighted the fact that Suncorp’s local […]

KPMG: China’s Securities Brokers See Overseas Listing Potential

Kenneth Guillame, Staff Reporter              

China’s large securities brokers want to expand their business operations and obtain listing opportunities overseas, according to a recent KPMG survey.

In 2006, ten mainland brokers were approved to set up Hong Kong subsidiaries. According to the  fifth annual survey of China’s 106 securities brokers, that number had increased to 23 by the end of […]

Ernst & Young: Green Deal Could Create Energy Efficiency In SME Market

Erica deVry, Staff Reporter

In a recent report, Ernst & Young highlights the issues facing the UK Government’s non-domestic Green Deal (NDGD) and the potential for creating energy efficiency in small and medium sized businesses.

The report, ‘Making energy efficiency your business – understanding the potential of the non-domestic Green Deal’ commissioned by British Gas Business, suggests the Green Deal has […]

Ernst & Young: Growth Forecast In Rapid Growth Markets

Erica deVry, Staff Reporter

Fast-growing global markets are challenging the position of the established advanced economies. In the last ten years, rapid growth markets (RGMs) have grown on average by 5.8% per year, more than three times as fast as the advanced economies combined. Over the next ten years, RGMs are expected to exceed the advanced economies by more than […]

KPMG: New Initiative Aims To Mentor Future Industry Leaders

Kenneth Guillame, Staff Reporter  

In an effort to develop future leaders in both the academic and business sectors, a joint initiative between KPMG and Monash University’s Asia-Pacific Centre for Science and Wealth Creation has been created to present students in the University’s MBA (Science and Technology) program with the opportunity to participate in a management practicum into a […]

Deloitte: Many Executives Unfamiliar With Mobile Security Policies

Ethan Strassfield, Staff Reporter

A recent Deloitte poll reveals information technology and business executives across the United States are generally unfamiliar when it comes to mobile security policies and precautions in their organizations, and how that relates to external security threats and internal security risks.

The survey conducted during Deloitte’s Dbriefs Technology Executive series: “Securing Enterprise Social Media and Mobility […]