Posts Tagged PriceWaterhouseCoopers
By Ali Ahmad
The report covers 44 global accounting firms whose reported fee income has risen in 2010. In addition to Deloitte’s rise, Ernst & Young’s revenue also climbed to $21.550 billion to perch in the third place while KPMG’s came next at $20.630 billion to occupy the fourth spot.
Deloitte has emerged as the top accounting firm based on the fee income report released by the International Accounting Bulletin’s (IAB) for the fiscalyear 20
April 14, 2011
2 Comments Full Story
By Bilal Siddiqui
The S.E.C fined PWC India, $7.5 million in what was described as the largest American penalty ever against a foreign accounting firm.
The name PWC has been in news, unfortunately for all the wrong reasons. Be it in India, Afghanistan or Pakistan, PriceWaterCoopers are under accusations everywhere.
The Indian affiliate of PricewaterhouseCoopers routinely failed to follow the most 'basic' audit procedures, the United States Securities and
April 8, 2011
3 Comments Full Story
Two of the big four audit firms are under investigation by the industry's disciplinary body as a result of a wide-ranging Financial Services Authority crackdown on the protection of client assets.
The Accountancy & Actuarial Discipline Board (AADB) yesterday said it had begun a second probe into Ernst & Young's role as auditor to Lehman Brothers International (Europe) – the bank whose collapse in September 2008 triggered a global financial meltdown.
The accounta
October 4, 2010
No Comments Full Story
By Danial Hussain
Word on the street. By which we mean Embankment, is that there may be a change of corporate image around the corner for accounting Goliath, PricewaterhouseCoopers.
Reports from news sources suggest that an internet staging site has been carrying a new logo for PwC and that it is being tried out on select members of the PwC family.
It is understood from underground sources that PwC intends to drop the fairly conservative uppercase logo that adorns its globa
September 20, 2010
No Comments Full Story
By Zehra Abbasi
China surpassed Japan as the world’s second-largest economy last quarter, capping the nation’s three- decade rise from Communist isolation to emerging superpower.
Japan’s nominal gross domestic product for the second quarter totaled $1.288 trillion, less than China’s $1.337 trillion, the Japanese Cabinet Office said today. Japan remained bigger in the first half of 2010, the government agency said. Japan’s annual GDP is $5.07 trillion, while China’s is more
August 16, 2010
3 Comments Full Story
By Ali Ahmad with Michelle Murdoch
Once again, we take this opportunity to be the first to break this news. Our sources confirmed us that PricewaterhouseCoopers LLP (PwC) announced today that it is making much of its training material openly available and free in a convenient online format at PwC Open University.
The first-of-its-kind corporate resource provides business executives, faculty, students and regulators around the world with access to an expansive and growing library o
July 23, 2010
1 Comment Full Story
By (ABF) --
Banks are poaching more staff from the Big Four accountancy firms in Australia, but they face strong competition from the corporate sector .
There has been a rise in the number of accountants leaving PricewaterhouseCoopers, KPMG, Ernst & Young and Deloitte in 2010 as a result of increased demand for their talents in the banking industry.
“The GFC put the brakes on salaries and promotions at the accounting firms, which meant people were sitting at the same
July 20, 2010
No Comments Full Story
By Admin
Fraud is on the increase in the UK's public sector as staff reductions and redundancy fears mean there are few resources being spent on internal controls, according to a report from PricewaterhouseCoopers (PwC).
The accountancy's report, Fraud in the Public Sector, warns that economic pressures have a direct effect on people's ability to rationalise fraudulent actions and that economic crime has already risen in the past year. Ian Elliott, a PwC partner, said: "W
July 4, 2010
No Comments Full Story
(HR Magazine) -- PricewaterhouseCoopers (PwC) has competed its largest-ever graduate spring intake as part of a drive to hire 1,000 new staff during 2010.
A total of 153 graduates have joined the accountancy firm as trainees in tax and assurance, while 30 new recruits have joined the firm's growing management and strategy consulting teams.
Application rates to the firm's spring intake increased by 88% between 2009 and 2010, attracting over 2,000 applications. The huge rise is large
May 11, 2010
No Comments Full Story
I always feel good when I meet with young Pakistani students making histories in their area of interests. Few days back I came to know that a CIMA students of Al-Hamd Academy secure a position and become the first student in Karachi.
So as you all know, www.Pakistanacca.com decided to be the first to report all news, events, exam resources and above all, promote country's accountancy stakeholders. So we arrange an interview with that student, Sumera Haneef, to tell us something about herself.
April 26, 2010
15 Comments Full Story