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Contracting out --- Letting of contracts --- Evaluation. --- Government policy --- KPMG Peat Marwick.
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Tax return preparation industry --- Tax shelters --- Tax evasion --- Tax accounting --- Financial planners --- KPMG Peat Marwick.
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This volume provides a history of the domination of the Big Four in the Chinese accounting industry, explaining why China was unable to keep the market for its own accounting firms. The book details how easy access to U.S. capital markets led to major accounting scandals, and a clash between U.S. and Chinese regulators.
Accounting -- China. --- Auditing -- China. --- Finance -- China. --- Accounting firms --- Accounting --- Commerce --- Business & Economics --- Auditing --- Finance --- E-books --- PricewaterhouseCoopers LLP. --- Deloitte Touche Tohmatsu (Firm) --- Ernst & Young. --- KPMG Peat Marwick. --- Klynveld Peat Marwick Goerdeler. --- Peat Marwick --- Peat Marwick (U.S.A.) --- KPMG Peat Marwick (U.S.) --- KPMG --- KPMG LLP --- KPMG International. --- KPMG ピートマーウィック --- KPMG LLP (U.S.) --- Ernst and Young --- Ernst & Young LLP --- Ernst & Young International --- EYI (Firm) --- E&Y (Firm) --- EY (Firm) --- Ernst & Whinney --- Arthur Young & Company --- PricewaterhouseCoopers (Organization) --- PwC --- Price Waterhouse LLP --- Coopers & Lybrand
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The second edition of Count Down is revised to include and discuss developments affecting the Big Four and their business model since the December 2015 release of the first edition. Brought into this updated narrative, for example, are: The Big Four's growth to collective global 2016 revenue of $128 billion, and the continued disparities in growth between their Audit and Advisory practices. The imposition of mandatory auditor rotation by legislation and regulation in the European Union, and in the US, the PCAOB's requirement to name lead partners on public company audits. New examples of corporate financial malfeasance and potentially disruptive auditor litigation, involving clients of each of the Big Four. In addition, this new edition expands in scope and details the required re-engineering by which - with the necessary mutual cooperation among financial statement issuers and users, the accounting profession, legislators, regulators and agencies of law enforcement - a sustainable structure for financial reporting and assurance might emerge -- that is, a Big Audit model truly fit to serve today's global capital markets.
Accounting firms --- Accounting --- International business enterprises --- Business enterprises, International --- Corporations, International --- Global corporations --- International corporations --- MNEs (International business enterprises) --- Multinational corporations --- Multinational enterprises --- Transnational corporations --- Business enterprises --- Corporations --- Joint ventures --- Accountancy --- Commerce --- Commercial accounting --- Finance --- Financial accounting --- Business --- Bookkeeping --- Firms, Accounting --- Accountants --- Auditors --- PricewaterhouseCoopers LLP. --- Deloitte Touche Tohmatsu (Firm) --- Ernst & Young. --- KPMG Peat Marwick. --- Klynveld Peat Marwick Goerdeler. --- Peat Marwick --- Peat Marwick (U.S.A.) --- KPMG Peat Marwick (U.S.) --- KPMG --- KPMG LLP --- KPMG International. --- KPMG ピートマーウィック --- KPMG LLP (U.S.) --- Ernst and Young --- Ernst & Young LLP --- Ernst & Young International --- EYI (Firm) --- E&Y (Firm) --- EY (Firm) --- Ernst & Whinney --- Arthur Young & Company --- PricewaterhouseCoopers (Organization) --- PwC --- Price Waterhouse LLP --- Coopers & Lybrand --- E-books --- Accounting firms. --- Accounting. --- International business enterprises. --- Business & Economics --- General.
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