PwC blew the 89th Oscars. If you thought this was the cushiest gig in history, you would have been right until February 26, 2017. On that night PwC blew their job at the Oscars. They had already done the hard work of counting the Oscar ballots. Yet they failed at the most important part
Update: PwC fails at the Oscars. Read our post covering what happened. What does Pricewaterhousecoopers do for the Oscars? If you don’t think the Big 4 can be glitz and glam then you don’t know about PwC’s role at the Oscars. Make sure to read all the way through this
Before we get started, I want to make a disclosure that I am by no means a blockchain expert. With that being said, I want to provide a summary of blockchain and why it matters to the four big accounting firms because it is constantly in the big 4 headlines.
There were a number of things that happened in the big 4 accounting firms world in the second week of February. PwC was back in court regarding their MF Global lawsuit. EY was fined for an audit by one of their Indonesia member firms, and KPMG selected their inaugural Data and Analytics Master's class.
There was some interesting big 4 accounting news in this first week of February 2017. GE lays of tax department employees after the acquisition by PwC The first piece of news that we wanted to cover was the news out of Albany that GE is going
Both Tim Ryan and Mark Weinberger both made statements over the past week regarding Donald Trump's travel ban. Donald Trump signed an executive order last week limiting travel for seven countries that are deemed as risks for terrorism. The CEO's likely felt pressure to come out and make statements about the White House immigration
PwC acquired GE's tax department. This means that they are going to hire over 600 GE employees. PwC also acquired GE's tax technologies as part of the deal. Learn whether this deal benefits GE or PwC.
Glaxosmithkline ("GSK") has decided to change big 4 auditors from PwC to Deloitte. Learn why GSK chose to make this change now and learn how this will impact PwC.
PwC is starting a diversity training program about getting 4REAL about your diversity blind spots. It is supposed to help people understand their unconscious biases. Learn about our thoughts on the program in this post.
In this version of big 4 accounting news we discuss Exxon and PwC's legal issues. We also discuss Ernst and Young's gift to William and Mary. We also discuss Becker CPA Review's new accounting game available on android and apple.