Stephen Foley

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Tuesday, 19 December, 2023

InterviewArtificial intelligence
Accenture chief says most companies not ready for AI rollout
Consultancy says lack of data capabilities or safety controls to hold back faster deployment
Monday, 18 December, 2023

PwC
PwC pushes to loosen rules on independent board members
Big Four firm under pressure to improve governance after scandal at Australian business
Wednesday, 13 December, 2023

KPMG International
KPMG growth lags that of Big Four rivals as it posts global revenues
Accountancy firm will need to boost sales by more than a third to catch the next smallest of the quartet
Sunday, 3 December, 2023

Supreme Court US
How the US Supreme Court could thwart a prospective wealth tax
Case before the high court could open the door to sweeping changes to the tax code
Thursday, 30 November, 2023

PwC
PwC fined $7mn over exam cheating by China and Hong Kong staff
US regulator says more than 1,000 of firm’s workers cheated on tests designed to familiarise them with US standards
Thursday, 30 November, 2023

FT WealthPhilanthropy
Striking a balance between compassion and consumption
Activist Dan Pallotta urges philanthropists to focus on the ambitions of a charity, not the cost of their overhead
Thursday, 30 November, 2023

EY
EY pushes some graduate start dates back by almost a year
US strategy consulting arm says ‘emerging business conditions’ mean new hires not needed until July
Sunday, 26 November, 2023

US insurance industry
Global tax clampdown fuels boom in insurance against costly rulings
Brokers and underwriters say this has been their busiest year to date
Friday, 17 November, 2023

Accountancy
EY’s Janet Truncale: Project Everest survivor with a mountain to climb
The first woman to become global chief of a Big Four firm faces the challenge of uniting it
Wednesday, 15 November, 2023

EY
EY picks Janet Truncale as the first woman to lead a Big Four firm
Promotion of Americas financial services head follows failed plan to split off consulting arm
Wednesday, 15 November, 2023

US financial regulation
Accounting firms hit with record US fines over audit failures
PCAOB imposes total penalties nearing $12mn against PwC, Deloitte, KPMG and others
Wednesday, 15 November, 2023

Accounting & Consulting services
Mazars to combine US business with Forvis
Accountancy firms to join up in America in latest sign of industry consolidation
Monday, 13 November, 2023

EY
EY executives clash over mandatory retirement age in leadership race
Some partners are worried that 57-year-old Andy Baldwin could not serve a full term if he succeeded Carmine Di Sibio
Friday, 10 November, 2023

EY
EY aims to shake up US audit business after ‘unacceptable’ number of flaws
Big Four firm says deficiency rate soared to 46% in annual inspections
Sunday, 5 November, 2023

Management consulting
Consulting firms freeze US starting salaries in bid to shore up profit
McKinsey and BCG among those holding pay at last year’s levels as growth slows
Friday, 3 November, 2023

PwC
Mohamed Kande, the engineer turned consultant rising to PwC’s top
Kande will be the first consultant and first black leader to run the Big Four firm
Monday, 30 October, 2023

PwC
PwC picks Mohamed Kande as global chair
Selection by global board was revealed to partners on Monday
Thursday, 26 October, 2023

FT WealthInvesting in funds
Simplicity is key to avoiding a gap in investment returns
Exotic strategies . . . in real life confound investors into costly mistakes
Monday, 23 October, 2023

PwC
PwC revenue growth lags behind Big Four rivals
Accounting and consulting firm brought in record $53.1bn even as business slowed in latest financial year
Wednesday, 18 October, 2023

News in-depthPwC
PwC succession twist followed debate on management style
Tim Ryan’s decision to retire breaks convention of US leaders ascending the ranks to run the global network
Friday, 13 October, 2023

PwC
PwC’s US boss to quit as race to lead Big Four firm accelerates
Tim Ryan had been tipped as a potential successor to Bob Moritz as global chair
Tuesday, 10 October, 2023

Deloitte LLP
Deloitte US staff paid bigger share of revenue after hiring battle
Big Four firm is now seeking to cut costs as demand for consulting work recedes
Sunday, 8 October, 2023

EY
EY finance chief left after failure of spin-off plan
Jamie Miller was in the role at the Big Four firm for less than six months
Friday, 29 September, 2023

EY
EY sets up six-way race to lead firm after break-up failure
Shortlist for global role includes executives from US, Canada and Europe
Wednesday, 27 September, 2023

PwC
PwC Australia’s culture attacked in tax leak scandal report
Partners overlooked rule-breaking by ‘rainmaker’ colleagues in pursuit of revenue growth, independent assessment shows