As part of the Global Public Policy Symposium in Paris, held on November 8 and attended by key players concerned with ensuring the quality and reliability of financial reporting worldwide, the Chief Executive Officers (CEOs) of PricewaterhouseCoopers (PwC) International, Grant Thornton International, Deloitte, KPMG International and Ernst & Young, published a joint statement of their vision of what the future might hold for financial reporting and the accounting profession.

Accounting firms are in the business of providing services to firms and organizations, even school districts, apparently. The Flint [Michigan] Journal reports that the firm Plante & Moran has signed a contract to perform the functions of their departed chief financial officer (CFO) until June 30, 2007, or until a new CFO is selected by the district. By the terms of the contract, Plante & Moran receive $14,000 a month, the salary and benefits for its former CFO, according to district officials.

The Big Four maintain a business focus that includes their more profitable clients and roles, allowing local and regional accounting firms to take on new clients and reap the revenue rewards. The St.

When you’re not Big Four but knocking on the door, you think big about advertising.

On Thursday, November 30 and Friday, December 1, the Massachusetts Society of Certified Public Accountants (MSCPA) is presenting their Annual New England Practice Management Conference at the Mohegan Sun Casino in Uncasville, Conn. The conference will cover a variety of practice management topics, from staff retention and partner compensation, to leadership skills and succession planning.

The former employer of a Public Company Accounting Oversight Board (PCAOB) advisor has filed an insurance claim blaming the board member for breaches of fiduciary duties regarding a real estate purchase.Advertisement

Although limited in clout, the Canadian Institute of Chartered Accountants (CICA) has proposed standard rules to make trust reporting more transparent, according to the Toronto Star. Income trusts have had been very popular, but intelligent comparison between trusts has been difficult, even for those carefully digesting financial reports and disclosures.

PricewaterhouseCoopers (PwC) released its 2006 Global Annual Review for the fiscal year ending June 30, 2006, which showed its network of worldwide firms revenues grew by 11 percent, to US$22 billion at constant exchange rates, including expenses reimbursed by clients. Net revenues were US$20.8 billion. There are no consolidated financial statements published for PwC firms, they publish the shared global information. PricewaterhouseCoopers refers to their network of separate and independent legal entity firm members of PricewaterhouseCoopers International Limited.

Seattle’s Moss Adams LLP will grow larger and expand into a new market when it acquires Epstein Weber & Conover PLC of Scottsdale, Ariz., on Jan. 1, the company announced.The Seattle-based Moss Adams accounting and consulting firm is currently rated as 12th-largest in the U.S.