Biden Raising Taxes on "The Rich" U.S. President Biden is looking to raise the capital gains tax rates in the United States targeting the wealthy. This will increase business for the big 4 as “rich people” will look to offshore their investment activities. They will need smart accountants to do that. The big 4
The Vault Accounting Rankings are rankings of the top 50 accounting firms in the United States. This list is based on surveys from more than 10,000 accounting professionals I think there is a major issue with the survey, and I will discuss that in a moment. PwC is in first place. This makes sense
Ey issued a press release out of the UK and specifically from London. EY and Nokia have formed a strategic alliance that is being rolled out to other EY member firms to help enterprises and communication service providers accelerate their digital and business transformation journey and unleash the potential of private wireless and 5g
Deloitte has decided to form a partnership with UIpath to come up with solutions for their clients Deloitte recently announced it is teaming with UiPath to develop intelligent automation solutions around the Oracle Cloud ERP platform to power digital transformation for the next generation workforce. The new solutions, built by Deloitte and certified by
ESG news -- First we are going to discuss ESG in accounting. ESG is being discussed more and more in finance and accounting. There have been a few new stories out about ESG that I think might interest readers. SEC Creates Task Force The SEC has created a task force to identify misconduct in
Deloitte's government and public services practice announced the new Deloitte Artificial Intelligence Institute for Government (DAIIG). Institute leaders outlined a set of commitments and actions to advance applied AI in the public sector by building a cross-sector community for research and shared expertise, and mentoring and growing the talent of the future. "As evidenced
It seems to be only getting worse for the big 4 accounting firms in the UK. Uk regulators are now holding a 16 week comment period to understand if they should limit the ability of the big 4 to audit the UK’s largest companies. This is all taking place because of huge accounting scandals
In an article on Business insider, It looks like Deloitte mismanaged vaccine work that they won from the CDC in the United States. We previously posted about EY winning new vaccine work. We said that the big 4 would probably win similar work. Well apparently Deloitte already won work and mismanaged it. The CDC
Ernst & Young LLP (EY US) today announces the launch of the EY Vaccine Management Solution to help manage the secure, safe and equitable distribution process of COVID-19 vaccines. The solution is built on multiple Microsoft technologies — Azure, Dynamics 365, Power BI and Power Platform — for patient-provider engagement, supply chain visibility and allocation
News has come out from Guardian that KPMG partner pay was cut 11% in the UK. The pay was cut for 582 KPMG partners in the UK. They now received an average of £572,000 pounds. They earned £640k in 2019. Bill Michael who is the UK chairman made £1.7 million. His pay dropped 14%.