Who are the Big Four or Global Seven accounting and business advisory firms?
Please select any accounting firm, large or small, via the internet and just do several minutes of research on them and share your findings with the rest of us. Have some fun, and good luck!
ANSWER:
The Big Four - Deloitte, KPMG, Ernst and Young, and PricewaterhouseCoopers are the four biggest professional services networks in the globe that, offering audit, management consulting, advisory, assurance services, taxation, corporate finance, actuarial, and legal services
“Deloitte” is the brand under which loads of dedicated professionals in independent firms throughout the globe collaborate to provide consulting, audit, risk management, financial advisory, and tax services to selected clients. Deloitte is located in more than 150 nations and has over 600 offices in the world. It is headquartered in New York City, New York. The firm has recently reached the 100-partner milestone when it merged with Curtis Mclean. The firm specializes in audit & assurance, tax, advisory, and risk; and also offer a huge range of services that include financial and technical, strategy, and human capital. According to the rankings in 2018 in the United States, Deloitte LLP was the largest accounting firm with U.S. revenue of 18.55 billion U.S. dollars. The company also hired over 263,000 people worldwide.
Who are the Big Four or Global Seven accounting and business advisory firms? Please select any...
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Please show all work In a 1993 article in Accounting and Business Research, Meier, Alam, and Pearson studied auditor lobbying on several proposed U.S. accounting standards that affect banks and savings and loan associations. As part of this study, the authors investigated auditors’ positions regarding proposed changes in accounting standards that would increase client firms’ reported earnings. It was hypothesized that auditors would favor such proposed changes because their clients’ managers would receive higher compensation (salary, bonuses, and so on)...
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You are part of an accounting firm Advisory team that has been engaged by a client to assess how they might make their “sales to order” process more “efficient”, perhaps with the introduction of new technologies. The client has provided a written description of their business, and the process under review, as follows: HHH is a small manufacturer of university based sportswear (a highly competitive market where fast response times are prized by customers). Sales span every region of the...
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