Tag Archives for PwC
Rentokil-KPMG deal seen to threaten independence
The news that KPMG has snapped up the audit of Rentokil Initial from rival PwC brings with it renewed concerns around the independence of firms providing additional services as well as opining on financial statements. Under the arrangement KPMG would … Continue reading
Big Four dominate professional services globally
The Managing Partners’ Forum was established in 1995 and is “dedicated to enhancing leadership and the status of the management team in professional firms worldwide.” They recently released the inaugural Global 500, a ranking of the top 500 professional services … Continue reading
Accounting news roundup
Congress wants financial reporting simplified for easier understandability. I can’t honestly say their desire for more regular updates on what the industry is doing to modernize itself is a bad thing, however. Seems like a good prod for the stiff … Continue reading
Movie stars and the IRS, Ban Ki Moon, and the Top 100 Places to Work
BeancounterBlog discusses the recent détente between movie stars and the IRS. Seems the IRS feels all those really expensive gifts that celebrities get should be taxable, and the Hollywood Foreign Press Association agrees. Celebs will now be “issued appropriate informational … Continue reading
PricewaterhouseCoopers accused of ‘false’ auditing for Yukos
The Russian tax authority has accused PricewaterhouseCoopers of providing “false audits” to the former oil giant Yukos. I’m sure we’ll find out sooner or later whether these accusations have any merit, but for the time being any government institution in … Continue reading