Going European

Article Abstract:

The announcements in October 2006 by Big Four firms KPMG and Deloitte that they were merging with their European counterparts were significant with cross-border deals that went much further than traditional alliances. The merger of KPMG's UK and German practices created a pan-European holding company, KPMG Europe LLP, while Deloitte UK's combination with its Swiss counterpart could be a one-off transaction, aimed at giving the non-European Union (EU) European practice an investment boost.

Foreign operations, Germany, Switzerland, Organizational history, Company restructuring/company reorganization, Reorganization and restructuring, Company organization, Deloitte & Touche L.L.P.

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Big Four audit fee growth goes flat

Article Abstract:

The analysis of the statutory audit fees paid by the UK's largest companies has revealed a growth rate of only 5% in 2006, compared with a 22% hike in 2005. BDO Stoy Hayward is the only non-Big Four firm to audit a FTSE 100 company and its client PartyGaming has joined the elite league after floating on the London Stock Exchange in 2005.

United Kingdom, Commodity & service prices, Prices and rates, Auditing, Deloitte Touche Tohmatsu, Company pricing policy, Ernst & Young UK, PricewaterhouseCoopers L.L.P. (London, England)

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A very public matter

Article Abstract:

The manner in which the Mayflower tribunal's findings were published by the Accountancy Investigation & Discipline Board (AIDB) in January 2007 has surprised many in the profession. The matter raises serious issues about the manner in which the AIDB carries out future investigations.

Legal issues & crime, Management dynamics, Capital funds & cash flow, Local trucking with storage, United States, Management, Company legal issue, Investigations, Accounting and auditing, Storage and moving industry, Company business management, Mayflower Corporation PLC, PricewaterhouseCoopers L.L.P. (New York, New York)

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