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Monthly Archive: November 2011

Accenture Wins 9 Year Contract With the State of California

By Kalen Smith, Blogger

The California Department of Consumer Affairs has recently awarded a contract to Accenture. Over the next 9 years, the Department of Consumer Affairs will commission Accenture to create BreEZe, a licensing and enforcement system. Implementing BreEZe is expected to improve the efficiency of the day-to-day functioning.

The main objective of the new system is to protect and […]

New European Commission Proposals May Break up Big4 Firms

By Michael Foster, Blogger

European lawmakers hope to enact new regulations that would make audits stricter while unifying auditing services throughout the European Union.

New proposals were adopted today by the European Commission to rein in audits conducted in the EU by “clarifying the role of the auditors and introducing more stringent rules for the audit sector,” according […]

Ernst & Young Hires Two Executives to Smart Grid Services Division


By Michael Foster, Blogger

To meet new demand in smart grid projects, Ernst & Young  have hired two experts in the utilities industries to help the firm’s consulting services in customer satisfaction and new smart technology deployment services.

Stephen Thiel joins the Big4 firm after working for over two decades in business transformation and strategy projects, most recently […]

Deloitte: Canadian Mining Companies Face Increased Global Challenges

Ethan Strassfield, Staff Reporter

As Canadian mining companies expand their operations worldwide, Tracking the trends 2012, a new report from Deloitte’s global network of mining professionals, identifies the top trends emerging in the sector.

“As nations around the world industrialize and strive to improve their standards of living, mining has come to take a more central role on the […]

Ernst &Young: APS 210 Liquidity prudential standard draft examined

Erica deVry, Staff Reporter

Ernst & Young has examined the likely impacts of APRA’s draft updated APS 210 Liquidity prudential standard and Oceania Financial Services Managing Partner, Andrew Price, has commented:

“The draft liquidity prudential standard will have a greater impact on Australian banks than the other Basel III initiatives. The significance of the impact will greatly depend on a […]

Ernst & Young: Brisbane Cycling Day from South Bank to Mount Cotton

Erica deVry, Staff Reporter

As part of Ernst & Young’s commitment to leadership and well-being, eighty business leaders, Ernst & Young members and their families recently participated in the first Ernst & Young Brisbane Cycle Day.

Traveling from Southbank to Mount Cotton, cyclists were led by Tour De France 2011 winner Cadel Evans, and Australian cycling champion Shane Kelly.

In the […]

PwC: Latest Fraud Survey Shows Increase In UK Economic Crime

Rob Starr, Staff Reporter

A new report from PwC reveals economic crime is on the rise in Britain, with more than 25% of UK respondents from business and public sector organisations experiencing more than ten incidents of economic crime during the past twelve months.

According to the findings from PwC’s latest global economic crime survey (GECS), over half (51%) of […]

PwC: Survey Assesses Canadian Companies Dealing With Cybercrime

Rob Starr, Staff Reporter

A new report on economic crime from PwC reveal asset misappropriation (or theft) as the number one economic crime reported by 72% of global organizations who were victims of economic crime during the past 12 months.

While 32% of the Canadian respondents from business and government said they were victims of some form of economic crime […]

PwC: New Partner Joins Risk Assurance Services Practice

Rob Starr, Staff Reporter

PwC is pleased to announce that Erik Hansen has joined the firm as a partner in the Risk Assurance Services practice.

The skilled team members in PwC’s Risk Assurance practice assist companies in developing risk and compliance programs, audits and creating internal controls processes around business performance issues, IT systems as well as strategy and contingency […]

Accenture: New Book Offers Advice For Running IT Like a Business

Rob Starr, Staff Reporter

Accenture’s own, Robert E. Kress, chief operating officer of the firm’s IT organization, has authored a new book titled Running IT like a Business: Accenture’s Step-by-Step Guide.

Detailing Accenture’s IT transformation as an example, the book provides insights and advice for unlocking the business value of a company’s IT function. “The centrality of IT as […]

Capgemini: Two New Appointments To Firm’s TME Practice Sector

Rob Starr, Staff Reporter

Capgemini is pleased to announce the appointments of Dee Burger as the new Telecom, Media and Entertainment (TME) Practice Sector Lead, and Jean-Marc Steffann as Vice President and Deputy Lead of Capgemini’s Global Telecom, Media and Entertainment (TME) Practice.

Commenting on the new appointments, Stanislas Cozon, Global Head of Sectors at Capgemini, said:

“With both Dee and […]

Deloitte: London Commercial Development Survey

Ethan Strassfield, Staff Reporter

London has recorded 22 new starts in the last six months, according to the latest Drivers Jonas Deloitte Crane Survey, sustaining development activity in the capital city despite economic uncertainty. Total office space under construction in Central London has witnessed a 12 per cent increase from 6.4 million sq ft six months ago to 7.2 […]

Deloitte Report Shows Information Glut Costs Australian Economy $3 Billion Each Year

By Kalen Smith, Blogger

A recent report from Hitachi and Deloitte found that the economies of Australia and New Zealand must contend with an information glutis. The overload of information has caused a number of headaches for regulators and could potentially damage the reputation of different companies involved. In addition, the information glut costs Australia $3 billion a year.

Hitachi commissioned Deloitte […]

PwC Survey: Cybercrime a Global Threat

By Michael Foster, Blogger

PwC has released a new survey that suggests global cybercrime activities are a leading challenge to companies. According to the survey, it is one of the top four economic crimes facing companies hitting many companies with millions of dollars of losses.

The survey concludes that 34 per cent of companies worldwide faced losses due […]

Deloitte: Comments On High Pay Commission Report

Ethan Strassfield, Staff Reporter

The High Pay Commission has just released its report on the issue of executive remuneration in the UK. While noting remuneration paid to the top executives of the largest UK companies has increased significantly over the past decade, Stephen Cahill, partner in the remuneration team at Deloitte, said this issue raises some legitimate questions about […]