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 firms in the world by fee volume. The Big Four are at the top ofContinue reading “Big Four dominate professional services globally”

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 collars at the helm. Here in Canada, there are rumors the federal government may tieContinue reading “Accounting news roundup”

Movie stars and the IRS, Ban Ki Moon, and the Top 100 Places to Work

BeancounterBlog discusses the recent d├ętente 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 tax forms by the HFPA and will be responsible for satisfying their income tax obligations.”Continue reading “Movie stars and the IRS, Ban Ki Moon, and the Top 100 Places to Work”

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 Russia is most definitely not getting the benefit of my doubt. Putin and his regimeContinue reading “PricewaterhouseCoopers accused of ‘false’ auditing for Yukos”

Accounting has returned to Nashville

It’s a little strange but within a week of an announcement by BDO Seidman that they were returning to Nashville, Tennessee with an office and aim to focus on the health care industry, PricewaterhouseCoopers makes a similar announcement about said city and industry. What I’m wondering is why both of those firms are just establishingContinue reading “Accounting has returned to Nashville”