Mar 07
Sunday
And the Number 1 is Deloitte!
When it comes to staffing levels the survey found that globally head counts have remained fairly stable. So there weren’t the massive redundancies we have seen in other downturns. The IAB’s report said that professional service firms have a reasonably high attrition rate that ranges from 10 to 20% a year as young accountants typically train at firms and move into the better paying private sector. Several firm chiefs have said these rates have slowed but ‘not that much’.
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Latest
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Cashless society by 2012, says Visa chief
no responses - Posted 03.11.10
Paying for goods with notes and coins could be consigned to history within five years, according to the chief executive of Visa Europe. Peter Ayliffe said that, by 2012, using credit and debit cards should be cheaper and more convenient than cash. Some retailers could soon start surcharging customers if they choose to buy products with cash, because of the greater cost ... continue -
Small firms slam ‘deceptive’ EU accounting plans
1 response - Posted 03.11.10
EU plans to exempt smallest firms from having to draw up annual accounts came under fire from a leading European small business group yesterday (10 March), claiming it will distort the internal market without cutting red tape. The European Parliament voted yesterday (10 March) to allow national governments to make "micro-companies" exempt from EU accounting rules. Firms will still have to keep records ... continue -
Women still missing out on top jobs at world’s largest companies
no responses - Posted 03.11.10
International Woman's Day was ushered in triumphantly as Kathryn Bigelow became the first woman to win the Oscar for Best Director. The corporate world managed to take the shine off the success as the World Economic Forum (WEF) released a report criticising businesses around the world for failing to close the gender gap. This came as the Prime Minister said it ... continue -
What to do if you’re sacked
no responses - Posted 03.11.10
Insurers are refusing to renew cover for Halifax Bank of Scotland (HBOS) and Lloyds TSB staff, as fears grow over job losses in financial services. Hitachi Capital, which has 330,000 UK customers, refused to renew a Lloyds TSB employee’s mortgage-payment protection policy at renewal this month, removing cover when he needed it most. While it is common for insurers to turn down ... continue -
Experts pitch for Islamic banking in India
no responses - Posted 03.11.10
With the global financial crisis putting the spotlight on "casino capitalism" of the West, leading scholars and experts from the Arab world on Thursday (Feb 4) pitched for interest-free Islamic banking as a solution and its introduction in India, home to the world's largest Muslim minority. Tracing the genesis of the global meltdown to "greed and unscrupulousness" of financiers and ... continue -
What went wrong in Dubai
1 response - Posted 03.09.10
Dubai does not have the enormous oil wealth enjoyed by its neighbours such as Abu Dhabi. Its main source of wealth has historically been as a port. In recent years it has sought to make money from property development and luxury tourism, building impressive hotels such as the Burj al-Arab. The global downturn left many financial workers unemployed. The population fell ... continue -
Why You Should Be Worried About China
no responses - Posted 03.09.10
Toward the end of last year, many market followers were speculating on a Fed hike as early as the first half of 2010. Global stock markets had experienced explosive bounces, commodity prices had surged from the crisis lows, and risk spreads and market volatility had all subsided. In short, markets were pricing in a very optimistic outlook for global economic recovery ... continue
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All entries filed under this archive
Rise of the ACCA
no responses - Posted 02.21.10
The top 60 chartered accountancy firms seem to be falling in love with the ACCA qualification. Recent research from Accountancy magazine discovered that for many firms the ACCA trainee is just what they want. Of the 11,853 trainees hired in 2009 some 7,755 (65%) were with the ICAEW, 2,250 were contracted ...continue
no responses - Posted 02.21.10
The top 60 chartered accountancy firms seem to be falling in love with the ACCA qualification. Recent research from Accountancy magazine discovered that for many firms the ACCA trainee is just what they want. Of the 11,853 trainees hired in 2009 some 7,755 (65%) were with the ICAEW, 2,250 were contracted ...continue
Deloitte Tops Big Four
no responses - Posted 02.04.10
Deloitte today announced it was selected as the top Big Four accounting firm service provider by hedge funds with $1 billion or more in assets, ranking second overall, in the Institutional Investor 2009 Alpha Awards. Deloitte has now ranked first among the Big Four in five consecutive years. "Because their landscape ...continue
no responses - Posted 02.04.10
Deloitte today announced it was selected as the top Big Four accounting firm service provider by hedge funds with $1 billion or more in assets, ranking second overall, in the Institutional Investor 2009 Alpha Awards. Deloitte has now ranked first among the Big Four in five consecutive years. "Because their landscape ...continue
Deloitte’s Women’s Initiative Receives 2010 Catalyst Award
no responses - Posted 02.03.10
Deloitte LLP has been named a recipient of the 2010 Catalyst Award, an honor recognizing innovative, effective and measurable initiatives to advance women in the workplace. Catalyst, a global nonprofit organization dedicated to building inclusive workplaces and expanding opportunities for women and business, cited the achievements of Deloitte's Women's Initiative ...continue
no responses - Posted 02.03.10
Deloitte LLP has been named a recipient of the 2010 Catalyst Award, an honor recognizing innovative, effective and measurable initiatives to advance women in the workplace. Catalyst, a global nonprofit organization dedicated to building inclusive workplaces and expanding opportunities for women and business, cited the achievements of Deloitte's Women's Initiative ...continue
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