Big Four Snap Losing Streak
The Big Four firms broke the two-year “losing streak” related to the group's revenue growth rate.
The four largest accounting firms have an actual composite revenue growth rate for the group for FY11:
8.7%
KPMG Wins Q4 Audit Crown
KPMG’s first place finish in ANR’s analysis of the fourth quarter SEC auditor change data marked the first time in 2011 a firm made a return trip to the quarterly audit winner’s circle.
Book Review of Accounting Ethics …. And The Near Collapse of the World’s Financial System
I said it when the forerunner to Accounting Ethics …. And The Near Collapse of the World’s Financial System written by Michael Pakaluk and Mark Cheffers came out, and I feel even stronger about this book: smart accountants will make it an essential part of their personal “business bookshelf,” while the smartest accountants will actually take it off the shelf and read chapters periodically.
Wipfli Blows into Windy City
Wipfli/Milwaukee joined the crowded field of firms with a physical presence in the Chicagoland area opening an office in Oak Brook, Ill.
AICPA Council Set to Vote on Management Accounting Designation
The AICPA’s Governing Council is set to vote May 23 on the management accounting designation that would be created through the AICPA’s and CIMA’s proposed joint venture.