PWC Agrees to $25M, Client Restrictions Over Bank Tampering
PricewaterhouseCoopers has agreed to pay $25 million and remove itself for two years from doing any consulting work that would require the New York regulator to approve its advisory unit as an...
View ArticlePwC Questions Planet Earth's Future as a Going Concern
PricewaterhouseCoopers was pessimistic in its latest Low Carbon Economy Indexreport, which examines how well the global economy is meeting its goals to slow or stop human-made climate change, saying...
View ArticleStudy: Private, Public Company Audits Largely the Same
A new research paper from University of Alberta and Yale has found that there is very little functional difference between audits in public and private companies, according to Financial Executives...
View ArticleE&Y to Add 15,500 New Staff
Ernst and Young is planning a big expansion, announcing that it plans to hire about 6,500 experienced professionals and 9,000 students in the U.S. during the 2015 fiscal year, increasing its size by a...
View ArticleKPMG Announces Diversity Benchmarks
KPMG's UK division acknowledged that it needed to be more diverse in terms of class, gender, ethnicity and sexual orientation, and announced plans over the next three years to make more of an effort...
View ArticlePWC Announces Plans to Hire 16,000 Additional Staff
Pricewaterhouse Coopers is expanding, as it plans to expand its staff by about 16,000 new people in the U.S., according to efinancialcareers. Of these, 10,500 will be entry level and 5,500 will be...
View ArticleSecond ex-PWC Employee Charged in Luxembourg Tax Leak
A second former PWC employee is now facing charges in Luxembourg in connection with a massive leak that exposed deals orchaestrated by the Big Four firm to allow multinational corporations to set up...
View ArticleCathy Engelbert Named as Deloitte CEO, is First Woman to Head a Big Four
Cathy Engelbert has been named as the new CEO of Deloitte LLP, the first woman to head one of the Big Four CPA firms in the country, according to the Wall Street Journal.read more
View ArticlePWC Named as Second Most Powerful Brand
Big Four firm Pricewaterhouse Coopers has been named as the second most powerful global brand, right behind Legos, according to a report from consulting firm Brand Finance. The consulting firm based...
View ArticleMost Big Four Firms Lost More Clients in 2014 Than They Gained
Three out of four of the Big Four wound up with a net loss in their client base, losing audits mainly to the second tier firms below them, according to Compliance Week. Of the Big Four, only KPMG came...
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