Search Results for: Big Four
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization
August 16th, 2017
If bitcoin was a stock, it would be the seventy-fourth biggest by market capitalization, on the S&P 500. Bitcoin hit a record high of $4,483.55 on Tuesday. Bitcoin’s market capitalization reached as high as $73.5 billion, within touching distance ...
Big Four in talks with UK government on Brexit
July 21st, 2016
Accountants’ expertise will be needed as the trade negotiations start following the UK’s vote to leave the EU, the government has confirmed, while the Big Four are building up specialist Brexit teams to meet the demand for advice on ...
The first major collaboration between an international legal firm and one of the ‘Big Four’ professional services firms
June 14th, 2016
Allen & Overy today announces the launch of MarginMatrix™, a new digital derivatives compliance system to help major banks deal with new regulatory requirements that will come into force for the USD500 trillion over-the-counter (OTC) derivatives market from 1 ...
Big four among others to join together to enable more apprenticeships
March 21st, 2016
Leading professional services and industry employers, Professional Bodies and training providers have come together to develop a new apprenticeship standard for the audit, accountancy and tax professions. The new standard has been developed to provide school leavers with a ...
Big Four’s £2.55bn revenues dominate UK consultancy market
March 3rd, 2016
The consulting arms of the Big Four accountancy firms continue to dominate the UK consultancy market, accounting for over a third of revenues, and are growing faster than the rest of the sector, according to research by Source Global ...
‘Big Four’ audit firms never examined over illegal tax plans
January 18th, 2016
Regulators fail to act as they are dominated by the companies they are supposed to police, say critics Audit and accountancy firms who devise tax-avoidance schemes ruled unlawful have never faced official reprimand, The Independent can reveal. None of the so-called ...
Big four accountants ‘quietly’ threatening mid-tier law firms
November 9th, 2015
The resurgence of mid-tier law firms is about to come under pressure from ‘intense competition’ from the big accountancy firms entering the legal market. A report published today by the Royal Bank of Scotland says mid-market law firms had ...
Big Four owe public interest not to ditch audit, says KPMG chair
August 25th, 2015
The UK’s largest auditors have a public interest commitment to retain their mature audit businesses despite more lucrative growth prospects elsewhere, the chairman of KPMG has said. In an interview with the Financial Times, Simon Collins, KPMG’s UK chairman, said the ...
FCA defends secondments with ‘Big Four’ accountants
June 4th, 2015
The Financial Conduct Authority (FCA) has revealed how many staff were seconded to and from it from the ‘Big Four‘ accountancy firms Deloitte, KPMG, PwC and EY in 2014. Following a Freedom of Information (FoI) request by sister publication Insurance Age, the ...
Big Four to beat law in dumping the billable hour
April 29th, 2015
Pricing experts have predicted that accounting firms will scrap the billable hour before law firms, but neither sector is willing to change. Steve Major (pictured), founder of consultancy Pricing Power, told Lawyers Weekly that accounting firms are moving away from the ...