DOCSLIB.ORG

Iab's 2021 World Survey Reflects on Accounting's

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Iab's 2021 World Survey Reflects on Accounting's Issue 618 www.internationalaccountingbulletin.com world survey 2021 A NNEWEW CCOMMUNITYOMMUNITY IIAB’SAB’S 20212021 WORLDWORLD SURVEYSURVEY RREFLECTSEFLECTS ONON AACCOUNTING’SCCOUNTING’S TRANSITIONTRANSITION TOTO VIRTUALVIRTUAL NEWS PEOPLE OUTLOOK A4S launches framework to !m|;um-ঞom-ѴĽv$bl ob7ŊƐƖ-11bm-ঞomvl- incorporate climate change Morris and Graeme Boake ;m-0Ѵ;|_;bm7v|u|orѴ-m bm|o0vbm;vv-Ѵ-ঞomv on their plans for the future a more certain road ahead contents this month CCOVEROVER SSTORYTORY NEWS 0088 04 / EDITOR’S LETTER 05 / DIGEST • HMRC big business investigations drag on for four years • A4S launches framework to incorporate climate change into business valuations 0055 WWORLDORLD SURVEYSURVEY 22021021 Editor:Group Jonathan Editor: Minter Group Editorial Director: EditorialDirector Executive: of Events: Joe Xxxxxxxx +44 (0)20Zoya 7406Malik 6705 Ana Gyorkos +44 Ray(0)20 Giddings 7406 XXXX [email protected]+44 (0)20 7832 4315 +44 (0)20 78327406 43966707 [email protected]+44 (0)20 7936 6512 [email protected] [email protected] [email protected] Reporter: Saad Ahmed Director of Events: Ray Giddings Data researcher: Production editor: Head of Subscriptions: +44 (0)20 7406 6538 Sub-editor: Nick Midgley +44 (0)20 3096 2585 Sarajuddin Isar Nick Midgley Sharon Howley [email protected] +44 (0)161 359 5829 [email protected] +44 (0)20 7832 4363 +44 (0)161 359 5829 +44 (0)20 7936 6587 [email protected] sarajuddin.isar@ [email protected] [email protected] progressivemediagroup.comNews Desk: Head of Subscriptions: +44 (0)20 7406 6538 Sub-editor:Sub-editor: Sophia Bell Alex Aubrey Andrea Minter +44 (0)20 3096 2603 [email protected] Customer Services: +44 (0)20 7936 6587, [email protected] Customer Services: +44 (0)20 PR:3096 [email protected] 2603 or +44 (0)20 3096 2636, [email protected] Financial News Publishing, 2012. Registered in the UK No 6931627. ISSN 0956-5558 Financial News Publishing, 2012. Registered in the UK No 6931627. ISSN 0956-5558 Unauthorised photocopying is illegal. The contents of this publication, either in whole or part, may not be Unauthorised photocopying is illegal. The contents of this publication, either in whole or part, may not be reproduced, stored in a data retrieval system or transmitted by any form or means, electronic, mechanical, reproduced, stored in a data retrieval system or transmitted by any form or means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publishers. photocopying, recording or otherwise, without the prior permission of the publishers. For more information on Verdict, visit our website at www.verdict.co.uk. For more information on Verdict, visit our website at www.verdict.co.uk. As a subscriber you are automatically entitled to online access to International Accounting Bulletin. As a subscriber you are automatically entitled to online access to Motor Finance. For more information, please telephone +44 (0)20 7406 6536 or email [email protected]. For more information, please telephone +44 (0)20 7406 6536 or email [email protected]. follow IAB on twitter London Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN London Office: 71-73 Carter Lane, London, EC4V 5EQ Image resources: shutterstock.com Image resources: shutterstock.com, Headline Auto @WAI_News 2 | February 2021 | International Accounting Bulletin contents february 2021 PEOPLE 3388 06 / TALKING HEADS In a Talking Heads interview, Zoya Malik spoke to BKR International’s worldwide CEO, Tim Morris, and incoming worldwide chair Graeme Boake about his selection, and to hear about their plans for the future INDUSTRY FOCUS 38 / DIGITISATION All global trade was once entirely dependent on weather conditions, and passages were extremely liable to be disrupted by storms. Some things have changed since then. Jon Lisby and Jeremy Hyman comment 2021 WORLD SURVEY 08 / INTRODUCTION 14 / OUTLOOK 30 / NORTH AMERICA Globally, 2020 was the toughest of years After a tumultuous year, the roll-out of Fee and staff rankings in North America for on all fronts – and not just for people’s various Covid-19 vaccinations may enable the networks and associations livelihoods and the economy. Zoya Malik and industry to plan a more certain road ahead. the IAB team analyse the 2020 performance Zoya Malik spoke to global CEOs to get a 34 / LATIN AMERICA of global networks and associations feel for new initiatives they have set for 2021 Fee and staff rankings in Latin America for 10 / WORLD NETWORK FEE 15 / AUDIT AND ASSURANCE networks and associations AND STAFF RANKINGS Rankings by fee income from audit and 40 / MIDDLE EAST assurance for networks and associations Fee and staff rankings in the Middle East for 12 / WORLD ASSOCIATION 17 / ACCOUNTING networks and associations FEE AND STAFF RANKINGS Rankings by fee income from accounting 44 / AFRICA services for networks and associations Fee and staff rankings in Africa for networks and associations 1144 19 / TAX 48 / ASIA-PACIFIC Rankings by fee income from tax services for networks and associations Fee and staff rankings in Asia-Pacific for networks and associations 21 / ADVISORY 52 / FIRM MOVEMENTS Rankings by fee income from advisory A list of firms lost and gained by global services for networks and associations accounting networks and associations in 2020 25 / THE BIG FOUR REGIONAL VIEW 5522 Fee income and staff rankings for the Big 4, including regional breakdowns 26 / EUROPE Fee and staff rankings in Europe for networks and associations www.internationalaccountingbulletin.com | 3 editor’s letter Editor’s letter Accounting industry pivots around pandemic and digital revolution ,o--ѴbhķGroup Editor ince the second half of 2020, our team at International director and IAB’s b=;ঞl;1_b;;l;m|--u7;;-| Accounting Bulletin has engaged with global accounting leaders |_; b]b|-Ѵ11omঞm] oulş-u7vƑƏƑƏķ_o Sto understand the changing nature of the industry, and to refine b|_0vbm;vv-vvo1b-|;;u;ll-m7bv1vv;v_o the stringent criteria for entry and inclusion in IAB’s highly coveted and anticipated World Survey. -|ol-ঞom-m7;m_-m1;7vv|;lv=ou7-|-v|ou-]; -m7-m-Ѵঞ1vbѴѴ_;Ѵr|_;bm7v|um-b]-|;|_;v|oul IAB’s monthly country and yearly global and regional 1-v;70|_;r-m7;lb1Ľvu;vѴ|-m|7b]b|-Ѵu;oѴঞom-m7 rankings are well regarded and valued throughout the -11omঞm]ouѴ7ķ-m7v;u;-v-0;m1_l-uh=oubm7v|u u;Ѵ-|;77bvurঞomĺ rѴ-;uvĽr;u=oul-m1;-1uovvbm|;um-ঞom-Ѵl-uh;|vĺ mƒ-u1_ķ&_-m1;ѴѴouo=|_; 1_;t;u!bv_b ;u|_;;-uvķIAB _-v=ou];77;;ru;Ѵ-ঞomv_brvb|_ "m-hu;Ѵ;-v;7_bv07];|=ouƑƏƑƐĺvu;rou|;7bmThe b|vv0v1ub0;uv-m7r-u|m;uvķ0bѴ7bm]|uv|07;Ѵb;ubm] $bl;vĶ|_;l-bmrobm|v=ou0vbm;vv;vbm1Ѵ7;ŬƐĺѵƔ0m omb|v0u-m7ruolbv;o=;ѴѴŊu;v;-u1_;7ķoub]bm-Ѵ-m7 ŐŪƑĺƒ0mő|ovrrou||_;&Ľv-11bm-ঞomuoѴѴŊo|ķ|- ;1Ѵvb;1om|;m|ķ-m7|_uo]_|_;ub]ouov=-1|ŊCm7bm] 0u;-hv=ouCulv|oļmѴo1hĽŬƑƏ0mou|_o=0vbm;vv and due diligence undertaken by the team on data bm;v|l;m|ķ|_;-0bѴb|=ouCulv|oļ7;71|Ľbm;v|l;m| 1oѴѴ-ঞom-m7u;;m;u;rouঞm]-m7v|-Lm]-1uovv=ou 1ov|v=uol|-0bѴѴvķu;71bm]|--0Ѵ;ruoC|v0ƐƒƏѷķ ru-1ঞ1;Ѵbm;vbm1oѴѴ-0ou-ঞomb|_|_;v;v|-h;_oѴ7;uvĺ -mbm1u;-v;bmbm1;mঞ;]u-m|v=ou-rru;mঞ1;v_brv|o $_;]Ѵo0-Ѵ-11omঞm]v;ub1;vl-uh;|bv;r;1|;7|o ŬƒķƏƏƏķ-m7ŬƐƑѵl=ou|u-bm;;v_brvĺ ]uo=uolŪƔƓƓĺƏѵ0mbmƑƏƑƏ|oŪƔƕƒĺƑƖ0mbmƑƏƑƐķ-| $_;($u-|;=ou_ovrb|-Ѵb|Culvbv|o0;l-bm|-bm;7 -1olrom7-mm-Ѵ]uo|_u-|;Ő!őo=ƔĺƓѷĺ$_bv growth is mainly due to companies rearranging their -|-u;71;7Ɣѷu-|;mঞѴ";r|;l0;uķb|_-mbm|;ubl or;u-ঞomv-m7u;1o;ubm]=uol|_;blr-1|o=ob7ŊƐƖĺ ƐƑĺƔѷu-|;-rrѴbm]=ou|_;=oѴѴobm]vblom|_vĺ$_; $_;l-uh;|bv;r;1|;7|ou;-1_ŪƕƒƔĺƖƓ0mbmƑƏƑƔķ 0vbm;vvu-|;v_oѴb7-=ouCulvbm m]Ѵ-m7bѴѴ1omঞm; -|-!o=ѵѷķ-11ou7bm]|o|_;vbm;vv!;v;-u1_ mঞѴm;ķb|_-ƕƔѷ7bv1om|-[;u|_-|ĺ"ol;ŬƔ0m olr-mĺ bѴѴ0;l-7;--bѴ-0Ѵ;bmu;v|-u|]u-m|v=ouv_orv-m7 IAB’s ƑƏƑƐ)ouѴ7"u;bm1Ѵ7;vƔƑr-uঞ1br-m|vĺ$_; o|_;u0vbm;vv;v|_-|_-;0;;m=ou1;7|o1Ѵov;ķb|_ |o|-Ѵ=;;u;;m;bvŪƑƐƏ0m=oum;|ouhv-m7ŪƒƐ0m=ou ŬѵķƏƏƏr;uru;lbv;v=oumomŊ;vv;mঞ-Ѵo|Ѵ;|v7;|o -vvo1b-ঞomvķu;Y;1ঞm]-ƒѷubv;=oum;|ouhv-m7-Ƒѷ u;or;mbmrubѴķ-m7ŬƐѶķƏƏƏ=ou]lvķr;uvom-Ѵ1-u; ubv;=ou-vvo1b-ঞomv=uol|_;ru;bov;-uĺ ruob7;uv-m7o|_;u_ovrb|-Ѵb|-m7Ѵ;bvu;0vbm;vv;vĺ m|_bv;-uĽvu-mhbm]v;;Ѵ1ol;-m;ou]-mbv-ঞomķ m;bv-v1_;l;|o_;Ѵrv|-u|Ŋrv-m7u-rb7Ѵ]uobm] ;Ѵ]blŊ0-v;7uorķ_b1_;m|;uv|_; |;1_Culvvou1;|-Ѵ;m|=uolo;uv;-vbѴѴ-Ѵvo0; -vvo1b-ঞomvu-mhbm]bmƐƓ|_rѴ-1;b|_-=;;bm1ol;o= ŪƔѶѵĺƖlĺ bm|uo71;7ĺ ou|_;ouѴ7vu;ķ-v;urѴ;-v;7|o_-;|_; m|--ঞomķ|_;l-bm|-h;--vbm1Ѵ7;mo1_-m];v r-uঞ1br-ঞomo=ƐƐŊvb|;u;vrom7;m|vbm|_;=;-|u; |ou-|;vo=bm1ol;|-ķm-ঞom-Ѵbmvu-m1;ou($ĺ$_; ঞ|Ѵ;7!;bl-]bmbm]|_;11omࢼm]m7v|uĻvѲo0-Ѳ |u;Ķ r;uvom-Ѵbm1ol;|--ѴѴo-m1;bv|o0;=uo;m-|ŬƐƑķƔƕƏ _;u;|_;vll-ubv;|_;|u;m7vķ|ub-Ѵv-m7v|u-|;]b1 =uolrubѴƑƏƑƑ|oƑƏƑѵķb|_|_;_b]_;uu-|;|_u;v_oѴ7 rѴ-mvo=|_;buou]-mbv-ঞomvĺѴo0-Ѵ v;rѴ-bm_o =uo;m-|ŬƔƏķƑƕƏo;u|_;v-l;r;ubo7ĺourou-ঞom|- |_;-u;]u-rrѴbm]b|_|_;;|u;l;ru;vvu;v=uol om1olr-mruoC|vbѴѴubv;=uolƐƖѷ|oƑƔѷbmrubѴ ob7ŊƐƖĽvblr-1|om|_;bul;l0;uvĽ-m71Ѵb;m|vĽ ƑƏƑƒķb|_|_;u-|;h;r|-|ƐƖѷ=ou-uom7ƐĺƔlbѴѴbom 0vbm;vv;vķ|_;u-rb7rboঞm]l;-vu;v|-h;m|ol;;| vl-ѴѴ;u1olr-mb;vb|_ruoC|vo=Ѵ;vv|_-mŬƔƏķƏƏƏĺ |_;-11;Ѵ;u-|;7r-1;o=7b]bঞv-ঞomķb|_1om1olb|-m| $_;v|-lr7|_oѴb7-om_ov;ru1_-v;vbm m]Ѵ-m7 bm;v|l;m|vb|_bm|_;bu-7bvouru-1ঞ1;v|oh;;r -m7ou|_;umu;Ѵ-m7bѴѴ0;;|;m7;7|om;ķb|_ r-1;b|_|_;v;u;oѴঞom-u1_-m];v-m7|oh;;r|_;bu mo|-Ѵb-0bѴb|omv-Ѵ;vo=Ѵ;vv|_-mŬƔƏƏķƏƏƏĺ$_;u; 1Ѵb;m|vbmruoC|ĺ m|_bvlom|_Ľv$-Ѵhbm];-7v şķ!m|;um-ঞom-ѴĽv -u;mo1_-m];v|obm_;ub|-m1;|-ķ|_;Ѵb=;ঞl;r;mvbom ouѴ7b7; $blouubv-m7bm1olbm]ouѴ7b7; -ѴѴo-m1;ou1-rb|-Ѵ]-bmv|--ѴѴo-m1;vĺ 1_-buu-;l;o-h;vr;-h-0o|o-h;Ľvv;Ѵ;1ঞomķ-m7 Do enjoy the industry leaders’ thoughts and our |_;buv|u-|;]b1rѴ-mv-m7=|u;ouhbm]u;Ѵ-ঞomv_brĺ -m-Ѵvbvo=|_;u-mhbm]vķ-m7rѴ;-v;=;;Ѵ=u;;|o1om|-1| $_;u;bv-Ѵvo-=;-|u;1oŊ-|_ou;70ombv0ķ" l;b|_ou=;;70-1hĺ Get in touch with the group editor at: [email protected] 4 | February 2021 | International Accounting Bulletin News | digest news update !0b]0vbm;vvbm;vঞ]-ঞomv7u-]om=ou=ou;-uv HMRC’s enquiries into big businesses’ tax There is a concern that officers handling they have assessed the tax owed.
Load more

Recommended publications
  • ACCOUNTING NETWORK Newsletter
    ACCOUNTING NETWORK Newsletter ISSUE 2 | OCTOBER 2014 Contents We are pleased to provide you with the latest edition of our Accounting A reminder about the PPSA and avoiding the Network newsletter. loss of priority..................................................... 1 In this edition we focus on industry issues and regulatory matters that Why look at simplifying your structure? ............ 2 have been receiving attention in recent times. These include the Personal Some changes to the Government’s Fair Property Securities Act 2009 (Cth) and the Fair Entitlements Guarantee Entitlements Guarantee scheme ...................... 2 scheme provided by the Government for employees of insolvent Professional services to commercial companies. Additionally, we discuss some trends faced by service construction ....................................................... 3 providers to the commercial construction sector. We are always keen to hear from you should you have any questions or comments on anything you’ve read, so please don’t hesitate to contact us. A reminder about the PPSA and avoiding the loss of priority Parties need to make sure they register any security interests they have in personal property or risk losing out altogether in the event that a customer becomes insolvent. From 30 January 2012, the Personal Property Securities Act 2009 (Cth) (“PPSA”) established a new system for the creation, priority and enforcement of what are termed security interests in personal property. Generally, this covers all property other than land, fixtures and some specific statutory interests. There are some fundamental differences between the concepts underpinning the PPSA and the historical way of looking at security and priority — notably, the PPSA takes a substance over form approach to transactions, and the rules for determining priority aren’t based on legal title.
    [Show full text]
  • Senate Finance Committee Auditor of State Keith Faber Budget Testimony April 15, 2021
    Senate Finance Committee Auditor of State Keith Faber Budget Testimony April 15, 2021 Chairman Dolan, Vice Chair Gavarone, Ranking Member Sykes, and members of the committee, thank you for the opportunity to testify regarding the FY 2022/23 operating budget for the Auditor of State (AOS). After sitting where you sit today, I appreciate the opportunity to come back and answer any questions you might have about the good work we are doing in the Auditor’s Office. Despite many misconceptions, the AOS does not audit individuals, businesses, or collect taxes – we act as the watchdog on those who spend government money. The AOS is the constitutional officer responsible for auditing all of Ohio’s public offices including cities, counties, townships, villages, schools, colleges and universities, as well as state agencies, boards, commissions, and other political subdivisions – in all, over 6,000 units of government. This office ensures that public funds are managed appropriately and expended in accordance with applicable accounting standards and that government works in a lawful, efficient, and effective way. Our dedicated staff of nearly 800 professionals come to work every day intent on making sure no one is wasting or stealing taxpayer money. I inherited a great staff and they are recognized as one of the best in the country. Our mission is to serve the interests of Ohio’s taxpayers by ensuring that their hard earned tax dollars are used in the most responsible way possible. In short, public resources and operations must be managed in an efficient, effective, and transparent way. In addition to financial audits for local governments, we offer other services such as performance audits, fraud investigations, and more.
    [Show full text]
  • The 2020 Ipa Top 400 Firms
    THE 2020 INSIDE PUBLIC ACCOUNTING TOP 400 ACCOUNTING FIRMS AUGUST 2020 INSIDE PUBLIC ACCOUNTING / 1 THE 2020 IPA TOP 100 FIRMS ’20 ’19 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG. × 1 1 Deloitte / New York Joe Ucuzoglu 130 6/19 $21,913,000,000 DND 2 2 PwC / New York Tim Ryan 91 6/19 $17,400,000,000 3.3 3 3 EY / New York Kelly Grier 104 6/19 $15,000,000,000 7.1 4 4 KPMG LLP / New York Lynne Doughtie 102 9/19 $9,970,000,000 5.4 5 5 RSM US LLP / Chicago Joe Adams 91 4/20 $2,706,305,000 10.0 × 6 6 Grant Thornton LLP / Chicago Brad Preber 56 12/19 $1,950,562,000 DND 7 7 BDO USA LLP1 / Chicago Wayne Berson 67 4/20 $1,803,000,000 5.8 8 8 CLA / No Headquarters Identified Denny Schleper 120 12/19 $1,145,980,736 9.9 9 9 Crowe LLP / Chicago James Powers 38 3/20 $983,286,447 3.3 10 10 CBIZ & MHM2 / Cleveland / Kansas City, Mo. Chris Spurio / Andy Burczyk 91 / 27 12/19 $811,000,000 2.8 11 13 Baker Tilly / Chicago Alan Whitman 48 5/20 $789,600,000 4.0 12 12 Moss Adams LLP / Seattle Chris Schmidt 28 12/19 $768,000,000 9.5 13 16 Plante Moran / Southfield, Mich. James E. Proppe 26 6/20 $731,189,000 6.4 14 14 CohnReznick LLP / New York Frank Longobardi 26 1/20 $697,258,732 6.8 15 13 BKD LLP / Springfield, Mo.
    [Show full text]
  • Bdo Alliance Usa Conference 2020
    BDO ALLIANCE USA CONFERENCE 2020 LIVE FROM THE COMFORT OF YOUR HOME OR OFFICE | MAY 18–21, 2020 Each year, we bring together our valued Alliance Members, respected BDO USA and global professionals and visionary leaders to help us successfully prepare for the challenges we face in the year ahead – and beyond. This year, with the challenges we’re facing from COVID-19, the BDO Alliance USA is moving our traditional event to an online program. We are excited to bring you an offering of over 80 technical and professional skills sessions. Our 2020 online program will challenge you to stand out from the pack, bringing great ideas and insights back to your organizations and communities. We'll explore these concepts more through the pillars of Client Experience, Targeted Growth, Exceptional & Engaged People and Digital Transformation. Our focus will be on Redefining Excellence and helping you raise the bar in 2020. FOLLOW US: #bdolv20 @BDOAlliance www.facebook.com/ www.linkedin.com/ www.instagram.com/ bdoallianceusa company/bdo-alliance-usa bdoalliance.usa/ 2 SCHEDULE OF EVENTS REGISTRATION INFORMATION Please note all times listed in this brochure are in Eastern Daylight Time (EDT). Visit the link below to register: https://onlinexperiences.com/Launch/QReg.htm?ShowUUID=92EFF329-A601-48AD- MONDAY, MAY 18 A741-4F7E1BF8320D 11:00 am – 12:00 pm General Session u There is no deadline to register, but you do need to sign up through our registration process to get access to the online conference site. 12:45 pm – 1:45 pm Breakout Sessions u The following pages showcase our new agenda with more than 80 sessions, including dates and times.
    [Show full text]
  • Sample Chapter [PDF]
    COUNT DOWN The Past, Present and Uncertain Future of the Big Four Accounting Firms Second Edition COUNT DOWN The Past, Present and Uncertain Future of the Big Four Accounting Firms Second Edition BY JIM PETERSON United Kingdom À North America À Japan India À Malaysia À China Emerald Publishing Limited Howard House, Wagon Lane, Bingley BD16 1WA, UK First edition 2015 Second edition 2017 Copyright r 2017 Emerald Publishing Limited Reprints and permissions service Contact: [email protected] No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters’ suitability and application and disclaims any warranties, express or implied, to their use. British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library ISBN: 978-1-78714-701-0 (Print) ISBN: 978-1-78714-700-3 (Online) ISBN: 978-1-78743-011-2 (Epub) ISOQAR certified Management System, awarded to Emerald for adherence to Environmental standard ISO 14001:2004. Certificate Number 1985 ISO 14001 CONTENTS
    [Show full text]
  • PRO-AM GOLF TOURNAMENT the Mayfield Sand Ridge Club • Monday, June 28, 2021
    42nd Annual Ronald McDonald House PRO-AM GOLF TOURNAMENT The Mayfield Sand Ridge Club • Monday, June 28, 2021 Presented by Truline Industries “If you look back at what’s happened in the ensuing years...when we opened our doors through to the adding of all the programs and touching of lives we’ve been through. It makes you feel good that you’ve got some value out of your life and what you’ve done.” MIKE CLEGG 1938-2021 Northeast Ohio Keeping families close® Ronald McDonald House Charities® of Northeast Ohio 42ND ANNUAL PRO-AM GOLF TOURNAMENT Presented by Truline Industries The Ronald McDonald House® Pro-Am Tournament is the longest-running and most successful fundraising event in the history of the Ronald McDonald House of Cleveland, now Ronald McDonald House Charities of Northeast Ohio. This event helps RMHC NEO enhance the healthcare experience for thousands of families and children each year through comfort, care and supportive services. Our sincere thanks to our generous sponsors. PRESENTING SPONSOR UNDERWRITING SPONSORS www.RMHCneo.org Make a difference with us today. Dear Friends, Today is a special day because of a special man. Mike Clegg touched so many lives with his love of life, devotion to family and friends, and of course…his passion for the Ronald McDonald House. Mike’s passion, and now his legacy, was born out of a challenging time in 1977 when his young son, Scotty, was battling leukemia. It was a time when this special man was quoted as saying “No family should go through this.” Scotty eventually beat leukemia, but Mike knew there were still plenty of families battling similar life- changing challenges.
    [Show full text]
  • The Internationalization of Big Accounting Firms and the Implications on Their Practices and Structures: an Institutional Analysis
    2015-13 Sakshi Girdhar PhD Thesis The Internationalization of Big Accounting Firms and the Implications on their Practices and Structures: An Institutional Analysis DEPARTMENT OF ECONOMICS AND BUSINESS AARHUS UNIVERSITY DENMARK THE INTERNATIONALIZATION OF BIG ACCOUNTING FIRMS AND THE IMPLICATIONS ON THEIR PRACTICES AND STRUCTURES: AN INSTITUTIONAL ANALYSIS By Sakshi Girdhar A PhD thesis submitted to School of Business and Social Sciences, Aarhus University, in partial fulfilment of the requirements of the PhD degree in Economics and Business May 2015 PREFACE During the period of March 2012 to February 2015, I embarked upon a journey of learning and discovery. As wise men proclaim, “It is the journey that matters the most, not the destination”. And as this journey is coming to an end, I should not forget all the experiences and people that made it possible. Foremost, I am grateful for the financial support provided by Department of Economics and Business, Aarhus University, which made it possible for me to travel abroad for seminars and to gather data for my research. Special thanks go to all the participants of my study for making this research possible. While, several people contributed to this research, I would like to first thank my main supervisor Kim Klarskov Jeppesen at Department of Accounting and Auditing, Copenhagen Business School (CBS), Denmark, for offering invaluable guidance and also for supporting me by co-authoring my first paper. I truly value and admire the patience that he has shown whenever I would approach him with a new idea or, more often, a new question or problem. He has always been encouraging and motivating.
    [Show full text]
  • Accounting Services in the US July 2019 1
    WWW.IBISWORLD.COM Accounting Services in the US July 2019 1 LIFO the party: Large firms are expected to increase advisory services to pursue higher profit This report was provided to Seattle Pacific University (2134440152) by IBISWorld on 03 December 2019 in accordance with their license agreement with IBISWorld IBISWorld Industry Report 54121c Accounting Services in the US July 2019 Kush Patel 2 About this Industry 19 International Trade 35 Technology and Systems 2 Industry Definition 20 Business Locations 36 Revenue Volatility 2 Main Activities 36 Regulation and Policy 2 Similar Industries 22 Competitive Landscape 38 Industry Assistance 3 Additional Resources 22 Market Share Concentration 22 Key Success Factors 39 Key Statistics 4 Industry at a Glance 22 Cost Structure Benchmarks 39 Industry Data 24 Basis of Competition 39 Annual Change 5 Industry Performance 25 Barriers to Entry 39 Key Ratios 5 Executive Summary 26 Industry Globalization 40 Industry Financial Ratios 5 Key External Drivers 7 Current Performance 27 Major Companies 41 Jargon & Glossary 10 Industry Outlook 27 Pricewaterhouse-Coopers LLP 13 Industry Life Cycle 28 EY 30 Deloitte Touche Tohmatsu Limited 15 Products and Markets 32 KPMG International 15 Supply Chain 33 BDO Global 15 Products and Services 17 Demand Determinants 34 Operating Conditions 17 Major Markets 34 Capital Intensity www.ibisworld.com | 1-800-330-3772 | [email protected] WWW.IBISWORLD.COM Accounting Services in the US July 2019 2 About this Industry Industry Definition Firms in this industry are certified to this industry, provide a variety of audit the accounting records of public accounting services, including auditing and private organizations and to accounting records, designing accounting demonstrate compliance to generally systems, preparing financial statements, accepted accounting practices.
    [Show full text]
  • Accounting-Today-Top-100.Pdf
    A supplement to 2021FIRMS TOP 100 ACCOUNTING’S+ REGIONAL LEADERS Sponsored by: ADP | Allinial Global | CPAmerica | NACVA notes and methodology Behind the data SPONSORED BY: e have run out of su- notes to bear in mind as you read this perlatives to describe year’s report: the scale and range of The previous year’s rankings in- the disruption wrought cluded in the Top 100 Firms list are acrossW 2020 by the COVID-19 pandemic. NOT the same as those published in last Suffice it to say that it changed pretty year’s report. They are a reranking of much everything — and that it touched the current year’s cohort of T100 Firms the accounting profession as much as based on the latest information, and in- any other field. clude firms that were not part of the list It’s easy to see the impact in this last year. They are only for comparison year’s Top 100 Firms and Regional Lead- purposes, and do not replace the rank- ers report: The average ings published last year. revenue growth rate for CONTENTS Unless otherwise the T100 is half that of noted, revenue is net rev- Top 100 Overview 4 last year. But it’s worth enue. Also, unless noted, noting that lower growth Firms to Watch 6 revenues, offices and staff is still growth, and that are for the U.S. only. Top 100 Databank 8 many individual firms re- “Total Employees” ported double-digit surg- Firm Strategies 10 comprises partners (both es in revenue. And for Top Tax Firms 12 equity and nonequity), some firms that report- professionals and all oth- Niche Services 14 ed declines, that may be er personnel, including an artifact of fiscal years Client Categories 16 owners.
    [Show full text]
  • Freeman Proposed Order on BDO Motion for Summary
    Case 06-01220-AJC Doc 239 Filed 04/06/10 Page 1 of 42 ORDERED in the Southern District of Florida on April 06, 2010. A. Jay Cristol, Judge United States Bankruptcy Court _____________________________________________________________________________ UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF FLORIDA MIAMI DIVISION (www.flsb.uscourts.gov) In re: Chapter 11 E.S. BANKEST, L.C., Case No. 04-17602-BKC-AJC Debtor, ______________________________________/ LEWIS B. FREEMAN, Responsible Officer for the Reorganized Debtor E.S. Bankest, L.C., a Florida limited liability corporation, Plaintiff, Adv. Pro. No. 06-1220-BKC-AJC-A vs. BDO SEIDMAN, LLP, BDO INTERNATIONAL B.V., and SANDOR LENNER, Defendants. ______________________________________/ ORDER DENYING BDO SEIDMAN, LLP AND SANDOR LENNER’S MOTION FOR SUMMARY JUDGMENT Case 06-01220-AJC Doc 239 Filed 04/06/10 Page 2 of 42 THE MATTER came before the Court on September 18, 2008 at 2:00 p.m. in Miami, Florida upon the Motion of Defendants BDO Seidman, LLP (“BDO”) and Sandor Lenner for Summary Judgment against Plaintiff Lewis B. Freeman (“Freeman” or “Plaintiff”), the Responsible Officer for the Reorganized Debtor E.S. Bankest, L.C. (“Bankest”). The Court has reviewed the relevant pleadings, the court file in this adversary proceeding and heard argument of counsel. Defendants seek summary judgment on several, purely legal grounds and also challenge whether there are genuine issues of material fact. Specifically, Defendants argue that (1) Freeman’s claims are barred by imputation and in pari delicto; (2) Freeman cannot establish causation, “in connection with” and damages; (3) Freeman’s evidence fails to create a question of material fact on the scienter element of Plaintiff’s 10b-5 claim; and (4) Freeman cannot prove that Defendants aided and abetted a breach of fiduciary duty.
    [Show full text]
  • IT Services Industry
    IT services industry Is cash still the king? ©2019 Grant Thornton India LLP. All rights reserved. Introduction IT companies in India have always been cash-rich. Large-cap IT services companies analysed However, over the last few years, as the sector has matured and in the absence of any significant • Tata Consultancy Services investment opportunities, IT companies have increased • Infosys the cash return to investors by way of dividends and share buybacks. • Wipro In this publication, we have evaluated the capital • HCL Technologies allocation strategy adopted by large and mid-cap Indian • Tech Mahindra IT companies in the last three years to assess how the cash positon of these companies has changed. These publicly listed IT services companies analysed Mid-cap IT services companies analysed constitute more than 90% market cap of the overall • Mphasis Indian IT services industry. • Mindtree • Hexaware Technologies • Persistent Systems • Zensar Technologies • Larsen & Turbo Infotech 2 ©2019 Grant Thornton India LLP. All rights reserved. How has the net cash position changed over the last four years? Industry closing net cash balance (USD Cash as a percentage of market cap (%)*^ billion)* 12% 20.0 10% 16.7 10% 15.7 14.5 8% 8% 15.0 13.0 8% 7% 6% 10.0 4% 5.0 2% 0.0 0% FY 2016 FY 2017 FY 2018 FY 2019 FY 2016 FY 2017 FY 2018 FY 2019 *Net cash = Cash + Short-term investments - Debt *Net Cash = Cash + Short-term investments - Debt ^Represents weighted average percentages based on market cap weights • Despite significant buybacks and dividends, the absolute net cash position has remained fairly stable and has increased in FY2019.
    [Show full text]
  • Accountancy & Consulting Careers Awareness Event Tuesday 11
    Accountancy & Consulting Careers Awareness Event Tuesday 11 March 2014 12.30pm – 2.30pm, South Dining Hall ACCA Degree Subjects: Accounting, Finance, Any Business related degree Sector: Accounting ACCA provides a global professional qualification and provides support for 162,000 members and 428,000 students in 173 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. The flexibility of the ACCA qualification means you can study and work in 173 countries around the world. Students from any discipline are eligible to register with ACCA and you do not need to be working in an accounts related role to start your studies. ACCA has over 8,500 approved employers providing both national and international employment opportunities. Accenture Degree Subjects: Any degree Sector: Consulting More detail to follow Baker Tilly Mooney Moore Degree Subjects: Any degree Sector: Accounting Based in Belfast, Baker Tilly Mooney Moore provides accountancy and business advisory services to clients in the private, public and voluntary sectors. The four Partner firm is an independent member of Baker Tilly International, the eight largest network in the world and employs over 40 staff. Each year we have opportunities for graduates to train within our Audit and Assurance Department. This involves studying towards membership of either the Association of Chartered Certified Accountants (ACCA) or Chartered Accountants Ireland (CAI). BDO Degree Subjects: Accounting Sector: Accounting BDO Northern Ireland is a UK Member Firm of BDO International, the world's fifth largest accountancy network with over 1,200 offices in 138 countries. We have 9 Partners and 150 staff and from our City Centre office, we advise many of the Top 100 businesses in Northern Ireland.
    [Show full text]