Accounting/Consulting

Landlords are contending with a cyclical market downturn and with secular changes in the way people work and live. Landlords are contending with a cyclical market downturn and with secular changes in the way people work and live. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

On a staff call this week, a senior Ernst & Young executive delivered an exhortation to the troops: Bill clients “every hour we can get our hands on.” A failed breakup attempt cost the company $600 million. Employees are angry. But that might be the least of it: The outlook for EY’s business of charging for advice and accounting is getting weaker in the U.S. by the month. On a staff call this week, a senior Ernst & Young executive delivered an exhortation to the troops: Bill…

Ernst & Young risks losing staff to competing firms after scrapping its plan to split into separate businesses and then announcing a round of layoffs, blemishes that rivals could say reflects a wounded firm. The Big Four accounting giant last week decided not to move ahead with plans to separate into one firm focused on consulting and another centered on auditing, after a revolt led by some U.S. partners and urged by a group of EY retirees. Then earlier this week, in a move the company said was unrelated to the split,…

Graduates of Harvard University working in accounting earn higher salaries compared with their peers in the field who graduated from other schools, according to a ranking compiled by the Burning Glass Institute, a nonprofit that researches employment trends.  A Harvard-educated accountant, with an average salary of $93,111 over the first 10 years of his or her career, earns about $25,000 more a year than the median B.A. graduate working in accounting. The median graduate’s average annual salary over…

Metal markets seem to think copper is the new lithium. A lack of new mining activity has added to worries that there won’t be enough of the red metal for the energy transition, a popular topic at this week’s World Copper Conference in Santiago, Chile.South America currently dominates copper production and Chile is the largest mined producer. Increasing mine output has proved a challenge, prompting a wave of deal making in the industry and warnings of a serious supply shortfall over the next decade.…

Consulting giants McKinsey & Co. and Bain & Co. are delaying start dates for new M.B.A. hires, or in some cases paying them thousands of dollars to put off starting their jobs.Consulting firms are among the biggest recruiters of business-school talent. Delaying the start dates for so many fresh grads is causing anxiety on campuses and suggests these businesses may have wider concerns about the economy. Bain told M.B.A.s with offer letters that if they waited to start until April 2024, the firm would pay them…

For months, Ernst & Young’s top leaders characterized their planned breakup of the firm as almost inevitable. All that was left were some adjustments around the edges and votes by partners in dozens of countries.They missed a brewing revolt at the firm’s biggest operation, where EY’s top leader and the architect of the breakup had deep ties. A handful of U.S. partners, prodded by a vocal group of EY retirees, scuttled the deal. EY on Tuesday abandoned its plan to break up the 390,000-person firm into separate…

Ernst & Young has axed its plan for a split of its auditing and consulting arms, marking a dramatic and costly retreat from a proposal that was meant to reshape the accounting profession but ended amid bitter infighting between leaders, countries and practices.  Global leaders of the Big Four firm said Tuesday they were “stopping work on the project” because the heads of EY’s U.S. arm, the biggest member of the global network, had decided not to move forward, according to a note sent…

Visitors driving into Montana’s Glacier National Park this summer must buy a vehicle pass on Recreation.gov. The pass is free, but visitors pay a $2 fee to book the reservation.Visitors might assume that, like entrance fees, the reservation charges help pay for improving trails around the park’s Running Eagle Falls or expanding the park’s volunteer program. But a chunk of the money ends up with consulting firm Booz Allen Hamilton Inc. Booz Allen runs Recreation.gov, the website and app where…

Accenture PLC has the highest score for social responsibility among the latest Management Top 250, followed by HP Inc. and Intel Corp. The Management Top 250 ranking, developed by the Drucker Institute, measures corporate effectiveness by examining performance in customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. Accenture PLC has the highest score for social responsibility among the latest Management Top 250,…