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Category: News

Grant Thornton Complies With UK Audit Firm Governance Code, Appoints New Non-Execs

 

Christina Broder, Big4.com Staff Reporter
10 September 2010

A recent change in the UK audit industry aimed to bring in external perspectives at the highest levels of the nation’s largest auditing frms.

In January 2010, the Audit Firm Governance Code developed by an independent working group established by the FRC and the ICAEW provides a formal benchmark of good governance practice against which [...]


PricewaterhouseCoopers: Top Exec Pay 100 Times Lowest Paid Worker in Malawi

 

Kenneth Guillame, Big4.com Staff Reporter
10 September 2010

In Malawi, executives are paid 106.7 times more per month than the lowest paid workers – the largest pay gap currently in Southern Africa. The country also shows the most difference in gradient of salary structure between basic salary and total gross compensation,

In South Africa, executives are paid 32 times more per month than [...]


Canadian Venture Capitalists Gloomy And Critical. Not Good For Industry, Says Deloitte

Kenneth Guillame, Big4.com Staff Reporter
10 September 2010

Even venture capitalists (VCs), the most optimistic of investors are not feeling that good in Canada.

According to the 2010 Global Venture Capital Survey (500 global VCs commented on country outlook and identified sectors of future growth) by Deloitte, Canada’s Venture Capital & Private Equity Association (CVCA), even VCs expect their industry to shrink even [...]


Collins Barrow Of Baker Tilly International Is Now One of The Largest in Nova Scotia

Erica deVry, Big4.com Staff Reporter
10 September 2010

Collins Barrow is Canada’s largest association of chartered accountancy firms and the 8th largest group of chartered accountants in Canada with more than 40 offices from coast to coast.

Now Collins Barrow Nauss Hornby LLP is going to merge with Hemming Weir Casey Inc. to form Collins Barrow Nova Scotia Inc., one of Nova Scotia’s [...]


Grant Thornton UK Finds Transport Sector Business Confidence Still Going Strong

Kenneth Guillame, Big4.com Staff Reporter
9 September 2010

The latest ICAEW/Grant Thornton UK Business Confidence Monitor (BCM) has a finding that may surprise you.

While every other indicator in the UK points to lower optimism and decreasing level of confidence in a rapid economic recovery, the transport & storage sector seems to be bucking the trend.

The BCM finds business confidence levels in this [...]


KPMG UK Expresses Deep Concern on UK Job Market, August 2010 Slows Sharply

Christina Broder, Big4.com Staff Reporter
9 September 2010

KPMG UK shows that the UK job market weakened in August 2010 as many employment indicators slowed sharply in the month. In this month, permanent placements increased at their weakest rate for 10 ten months, and temporary staff billings growth eased to ten-month low; while permanent candidate availability also fell at its sharpest rate [...]


Ernst & Young Finds China Beats US To Be Most Attractive For Renewable Investments

 

Erica deVry, Big4.com Staff Reporter
9 September 2010

Ernst & Young’s latest Renewable Energy Country Attractiveness Indices has a surprising finding.

China has beaten the US as the most attractive location in which to invest in renewable energy projects.

A recent entrant in 2004, China has moved steadily to the top of the Country Attractiveness Indices table in just six years. In the last [...]


Deloitte UK Finds 2010 Premier League Clubs Transfer Spending Is 22% Below 2009

Christina Broder, Big4.com Staff Reporter
7 September 2010

Football is big business in the UK, and building a strong team for the top franchises is a critical part of their strategies. Brining in new strong players with enticing offers is often a way to bolster a team’s repertoire and reputation.

However, there appears to be less money allocated in 2010 to this particular [...]


Accenture, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers Recent Alumni News

 

Erica deVry, Big4.com Staff Reporter
8 September 2010

Some recent news on career moves of Big Four firm alumni from the internet:

Pinnacle Entertainment, Inc. (NYSE: PNK) appoints current Pinnacle Corporate Treasurer, Chris Plant, as Vice President of Accounting and Finance at St. Louis Shared Services. Chris Plant joined the Company in 1993 and has held several corporate-level positions, including Corporate Treasurer and [...]


Defense Logistics Agency Awards 4-Year $73 Million Supply Chain Contract to Accenture

Ethan Strassfield, Big4.com Staff Reporter
8 September 2010

Accenture (NYSE: ACN) has won a four-year, $73 million contract from the U.S. Defense Logistics Agency (DLA) to integrate DLA’s energy supply chain into its enterprise business system (EBS) program. The EBS has enabled DLA significantly in that it re-directs shipments in-flight, all within one system with real-time monitoring of the processes and transactions. [...]


PricewaterhouseCoopers: Economic Uncertainty Reducing Private Company CEO Optimism

 

Erica deVry, Big4.com Staff Reporter
8 September 2010

There is an air of economic uncertainty which seems to have settled into the executive mindset just over the last few months. This is a big change from the overwhelmingly optimistic views being expressed at the beginning of 2010. The European PIIGS crisis, the threat of disinflation in the US, persistent unemployment and sluggish [...]


Deloitte: Indian Companies Can Manage External Cyber Threats But Wary of Internal Breaches

Ethan Strassfield, Big4.com Staff Reporter
8 September 2010

Cyber threats, whether internal or external, can cripple company IT systems, and IT personnel need to take sufficient precautions to prevent both. It appears that Indian companies have started to take internal threats more seriously, while remaining confident of managing external attacks.

A recent Deloitte survey of 62 Indian organizations, "2010 Global Security Survey – [...]


KPMG UK: Retail Sales Up 1% In August 2010, But Internet Sales Soar 18%

Kenneth Guillame, Big4.com Staff Reporter
7 September 2010

KPMG UK finds that UK August 2010 retail sales values were up 1.0% year-on-year comparably over August 2009. August 2009 however, was the weakest month in H2-2009 and in that month sales had fallen 0.1% from August 2008. On a total basis, sales were up 2.8% in August 2010 against a 2.2% increase in [...]


Western Edge of Melbourne Beats Gold Coast As Australia’s Fastest Growing Region, Says KPMG

 

Erica deVry, Big4.com Staff Reporter
7 September 2010

KPMG Australia says, “It’s official.”

Melbourne’s West has beaten the Gold Coast as the fastest growing region in Australia

KPMG demographer, Bernard Salt, finds that the municipalities of Wyndham and Melton added 18,000 new residents over the 12 months to June 2009, as compared with 17,000 added to the Gold Coast, which is really a huge [...]


Rody Posthuma, Ex E&Y, Is New Partner At Deloitte Australia Risk Consulting Services

Ethan Strassfield, Big4.com Staff Reporter
7 September 2010

Deloitte Australia is appointing a new partner, Mr Rody Posthuma (ex- Ernst &Young (E&Y)) in their Risk Consulting team, with a view to helping Australia’s largest financial institutions with innovative risk solutions; and meeting market demand for risk consulting expertise. Rody will join another 3 new partners in Deloitte’s Sydney based Risk Services team; [...]