The Giant four are the 4 biggest international accountancy and pro services firms, which handle the overwhelming majority of audits for publicly traded corporations as well as many personal corporations, making an oligopoly over the verifying industry.
The Big 4 firms are shown below, with their latest freely published info of income and number of staff for financial year 2008 :
* PricewaterhouseCoopers $28.2bn 155,693
* Deloitte Touche Tohmatsu $27.4bn 165,000
* Ernst & Young $24.5bn 135,000
* KPMG $22.7bn 137,000 Continue reading
Corporations and enterprises need qualified people with the power to present monetary info to corporate executives and staff in a comprehensible way. The talented pros who provide this info are members of the accounting industry. Countless commissioned online faculties and varsities provide an extensive selection of degree programmes to people inquisitive about this field. Accounting can be depicted as a system that presents financial info in an identifiable, recordable, and summarised way, which is then presented to executive level management. Continue reading
Forensic Accounting isn’t new to the job world. It’s what helped Elliot Ness put Al Capone in jail for tax crime. ( Al Capone is America’s famous mafiosa and the single best symbol of the breakdown of law and order in the U. S. in the 1920s Prohibition age. Capone had a leadingand vital role in the illegal activities that lent Chicago its reputation as an anarchic town. Ness was the Head of Operations under Volstead Act, supply routes of Capone and targeting the illegal breweries ). Continue reading