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Category: News

PwC: Security threats looming


PwC’s Global State of Information Security Survey 2014 reports despite forecasting a 51 per cent increase in investment in 2013 and significant improvements in technology safeguards, processes and strategies, organisations globally are failing to keep pace with information security threats.

Of the industries represented in the survey, the pharmaceutical sector (20%) was among the highest reporting losses of $10 [...]

KPMG: New IASB standard welcomed


KPMG welcomes the IASB’s new hedge accounting standard, which will result in a closer alignment of hedge accounting and risk management.  The company welcomes the International Accounting Standards Board’s new general hedge accounting standard – IFRS 9 Financial Instruments (2013) – that was issued yesterday.

The new standard also removes the rigid ‘bright line’ for assessing hedge effectiveness, which will [...]

PwC: Donations Made To Five Philadelphia-based Non-Profits


Through grants from the PwC Charitable Foundation,  PwC US  announced that its Philadelphia office will donate $200,000 to five Philadelphia-based non-profit organizations.

In conjunction with these donations, PwC volunteered with the Junior Achievement of Delaware Valley for its JA-in-a-Day program, an intensive one-day initiative that took place on November 1st.  Approximately 350 volunteers from the local PwC Philadelphia office [...]

PwC: Engineering & Construction Firms Play Vital Role


According to a new PwC US report released recently entitled, Shale Gas: New conventions for unconventional development for the engineering and construction industry, Engineering and construction firms have come to the forefront in the efforts of the U.S. oil and gas industry to optimize and accelerate shale development and delivery.

According to the report, the first step in [...]

PwC: Access to transit a crucial consideration for CDN real estate developers


According to the Emerging Trends in Real Estate report, released by PwC and the Urban Land Institute (ULI) today, live/work/play development offerings along or near mass transit lines will be essential.

The report also states that condominium developments in major urban centres have not hindered the market for rental apartments—in fact, rental apartments are considered a very [...]

Cyber-crime is the new big threat to business


The biggest threat to business as we inch our way out of the Great Recession doesn’t come from the developing nations and that side of the economic world that is still fresh and relatively young. The biggest concern for North American industry isn’t globalization either—at least not in a traditional sense where we face stiffer competition from abroad.

The biggest threat [...]

KPMG: New investment fund created


KPMG International today announced the formation of KPMG Capital, a new investment fund created to accelerate innovation in data and analytics (D&A) that will help clients of member firms unlock tangible value of their ‘big data’.

KPMG Capital will work to develop solutions that will focus on growth sectors such as healthcare, financial services, energy and telecommunications.

Michael Andrew, Chairman [...]

First-Ever Select USA Investment Summit From Deloitte

First-Ever SelectUSA Investment Summit Sponsored By Deloitte

Sponsored  by Deloitte and hosted by the U.S. Department of Commerce’s International Trade Administration, the first-annual SelectUSA 2013 Investment Summit brought together  worldwide organizations with governors, mayors and local stakeholders, federal agencies, and state and local economic development organizations to discuss the benefits of investing and expanding in the U.S. on Oct 31.

Beth [...]

EY Day in Las Vegas/ Award for KPMG

A decade in Las Vegas for EY

Ernst & Young LLP’s Las Vegas office celebrated a decade milestone recently. The company opened in Las Vegas in 2003, and now has become America’s largest fully integrated gaming and hospitality practice. The Mayor, Carolyn Goodman, even declared Nov. 4, 2013 “EY Day” in the city.

Tom Roche, the EY Global Director of Gaming Services [...]


PwC Drops Canadian Cyclist 

Although the Team PwC program is still committed to supporting Canadian athletes, the company has decided not to renew their sponsorship agreement with Ryder Hesjedal after it was revealed the cyclist used performance enhancing drugs.

PwC Retail Survey Sees Cost As King

A recent PwC survey finds retailers in the grocery, apparel and specialty categories see high overhead costs [...]

IT Failures Seem To Be Everywhere: Is This Part of The New Normal?

When Kathleen Sebelius recently fell on the sword for the miserable rollout of the Affordable Healthcare Act’s website, the event sparked some other serious considerations about the way IT in general and software specifically has woven itself into the lives of the average American generally and business specifically.

Granted,  there are glitches to be [...]

Is emerging market even the right term anymore?

A recent article in the Times Colonist from Victoria, BC brings up a few interesting notions. It points out that Building a Sustainable Future: Strategies for Growth, a new report from PwC, tells Canadian businesses they need to be looking beyond their own borders for investment opportunities and that both China and the United States are ready to turn [...]

See your career as a ‘Tour of Duty’

The idea of ‘Tours of Duty’ was coined by Reid Hoffman, co-founder of LinkedIn. It was published in his book The Start-Up of You (2012) and in an HBR article together with Ben Casnocha and Chris Yeh (June 2013). The main ideas are:

Establish a ‘Tour of Duty’ of 2-4 years, rather than the ‘lie’ of lifelong employment and loyalty;
Encourage employees [...]

CommmentCorner: Deloitte sees the future, even if it sounds funny.

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By Rob Starr, Content Manager Big

Not one of the Big Four denies that IT is fast becoming ( or has already become) the mother-of-all-game changers, but it’s always interesting to note what aspect different studies/reports focus on. For some of the learned pundits who watch these things, The Cloud is the biggest thing since moveable type. A quick pause [...]

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