Consulting

Is the new DT Consulting Ad too Showy?

A Deloitte Consulting full-page ad in The Wall Street Journal is doing its job by making people talk ... perhaps though, not so favorably, according to analysts who interpret advertising and marketing.The ad describes the firm's ability to take consulting to a new level within the eBusiness continuum.
Community News

Summers Warns Senators About Impeding SEC Plan

Treasury Secretary Lawrence Summers claims he has knowledge that some Senators, who are remaining unnamed, are attempting to use government spending legislation to thwart the SEC proposal to issue auditor independence guidelines.

Future of ASPs Looks Good

For the past year, reports have circulated across the accounting profession that the use of Application Service Providers or ASPs will be 'red hot' as CPAs and their clients begin to adopt rentable applications based on the ASP model.Now, a new report from IDC confirms that the ASP marketplace is gaining momentum, and has put itself on the line by forecasting that the industry will be worth $7.8 billion by 2004.

Increase Revenues With HR Consulting Practice

With low unemployment and a shortage of qualified workers, one of the new, hot trends is to provide consulting services in human resources, either by advising clients on hiring practices or even in the recruiting function.
Community News

Mr. Levitt Goes to Washington

Undaunted by days of public pleas for more time and less restrictive guidelines from members of the accounting profession, Chairman of the SEC, Arthur Levitt, will appear in Washington today to make his case for auditor independence before Congress.Mr. Levitt is expected to meet with heavy opposition from Republicans and other members of Congress who have complained that the strict guidelines would "force dramatic changes in the structure and business practices of accounting firms" and would require corporations "to pay increased costs for some types of accounting services."Mr.

Volunteer Spirit Alive & Well at Deloitte Consulting

'Hands-on San Francisco' was helped on Sept. 22 by the goodwill of 200 employees from the Bay office of Deloitte Consulting.Part of the firm's 2000 Community Service day, employees helped all over the city with charities and social services endeavors.
Community News

HP Drops PwC as Auditor as Consultancy Talks Continue

PricewaterhouseCoopers has lost computer giant Hewlett-Packard as an audit client to Ernst & Young, but it is likely to be compensated by the multi-billion dollar sale of its consultancy wing to HP.In a corporate press release issued on Friday, HP announced it had engaged E&Y for the financial year ending 31 October 2000.
Community News

THERE'S STILL TIME ! ! !

Are you concerned about the SEC proposed guidelines to limit the scope of services performed by accounting firms? It's not too late to voice your opinion.The SEC is still accepting written responses to the proposed guidelines, until September 25.
Community News

Accounting Professionals Speak Out in Online Forum

Members of the accounting profession joined together Tuesday in an Open Forum sponsored by AccountingWEB and voiced their views on the proposed SEC hearings on auditor independence.
Community News

SEC Hearings, Final Day: Schedule of Witnesses

In response to requests for additional time to present views, the SEC has added an additional day of testimony to its Day Three schedule of auditor independence hearings. The final day of testimony will be Thursday, September 21, in Washington, D.C.The following people are scheduled to testify:8:30 am: Panel 1 Robert K. Elliott, ChairmanBarry Melancon, President and Chief Executive OfficerHarold L.
Community News

SEC Hearings, Day Three: Schedule of Witnesses

Schedule of Witnesses for Public Hearing on Auditor IndependenceSchedule of AppearancesPublic Hearing9:00 a.m. – 6:30 p.m.The Securities & Exchange Commission is holding a public hearing on Wednesday, September 20, in connection with its proposed rule amendments regarding auditor independence.

Privacy Seals are a Web Requirement

When programs like AICPA's WebTrust were first announced, many CPAs were skeptical that they could make money ensuring privacy and security among Web site clients. Today, however, times have changed, and more and more Web sites are tapping firms and companies that offer programs like WebTrust, as well as home-grown, yet authoritative brands of privacy seals.Expedia Travel, for example, is an example of such a trend.
Community News

JOIN YOUR COLLEAGUES TODAY: OPEN FORUM ON SEC HEARINGS

Members of the accounting and financial communities and others are invited to attend an Open Forum, Tuesday September 19, 2000 at 11:00 Eastern Time at the AccountingWEB workshop room, http://www.accountingweb.com/workshop.Leading the forum will be Gary Shamis, Chairman of the PCPS Management of an Accounting Practice Committee, representing the AICPA. Mr.
Community News

Deloitte Counters ConsultingTrend

Big Five firm Deloitte Touche Tohmatsu is to buck the trend for sell-offs by keeping its own consulting arm, the Financial Times reveals.Deloitte chief executive Jim Copeland, who will be speaking at the SEC hearings this week, told the newspaper that there was no internal pressure to get rid of the consulting business - even after the high profile revelation of talks between Hewlett-Packard and the consulting arm of PricewaterhouseCoopers.Cop
Community News

Levitt Castigates Big Five

After two days of public hearings, listening to members of the accounting profession voice their concerns about the proposed auditor independence guidelines which would limit the scope of services that can be performed by auditing firms, Levitt seems undaunted in his mission to change the face of public accounting.According to Levitt, the leadership of the Big Five has been "more concerned with expandi
Community News

SEC's Auditor Guidelines - What all the Fuss is About

Are you still confused about all the news of the SEC proposed changes to the auditor independence requirements?
Community News

SEC Gives Big Five One More Day

After complaints from members of the Big Five that their responses to the auditor independence issue have not been taken seriously, Arthur Levitt, chairman of the Securities & Exchange Commission, agreed to let them have their say. Leading the pack of vocal dissenters has been Stephen G.
Community News

KPMG Chairman's Unspoken SEC Testimony

KPMG Chairman and CEO Stephen G. Butler was scheduled to testify at the crucial SEC auditor independence hearings today, but was irritated at the skimpy amount of time that was allotted to him (30 minutes, to be shared with five other speakers), and distressed that he was not given a requested morning time slot.Mr. Butler's testimony was delivered in printed form to the SEC, and KPMG provided AccountingWEB with a copy of that testimony.As an auditor with KPMG for more than 30 years, and now as the Chairman and CEO of the company, Mr.
Community News

SHOWDOWN WITH THE SEC - September 2000 Hearings

SEC Issues Final Rules on Auditor IndependenceThe SEC voted unanimously to approve new guidelines for auditors. Four of the Big Five firms acquiesced in accepting the rules, KPMG being the hold out firm that still feels the rules are unnecessary.
Community News

KPMG Chief Withdraws from SEC Hearings

KPMG chief executive Stephen Butler pulled out of today's SEC hearings because of the lack of time allowed at the stand, according to the Financial Times.Butler was allotted just 30 minutes to give his opinion on the controversial proposals, and would have had to share that time with five others.

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