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Big 4 Firms Have Specific Hiring Plans in India

Going Concern

GCCs could be worth more than $110 billion by 2030. Said EY in its Future of GCCs in India – a vision 2030 report published June 2023 [ PDF ]: In India, the focus cities for GCC set-ups continue to remain Bengaluru, Hyderabad, Chennai, Mumbai, Pune and Delhi NCR. That figure is expected to increase by 30% from 2023 to 2030.

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Monday Morning Accounting News Brief: EY Didn’t Have a Labor Permit; Deloitte Partners Allegedly Suffer But Not Really | 9.30.24

Going Concern

More from Reuters : Probe into EY Indian employee’s death finds office lacked labour welfare permit Related to this, The Institute of Chartered Accountants of India (ICAI) has established a dedicated group to recommend ways to improve work-life balance and reduce stress among Chartered Accountants. A tale of two headlines.

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Cheap-Ass Firms Are Loving This Outsourcing Thing

Going Concern

This article from Accountancy Age could possibly be a poorly disguised ad for AdvanceTrack’s services but just in case it’s not, it has some figures we can refer to in 2030 when all the work has been offshored and regulators are scrambling to figure out who should pay for mistakes made because of it.

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New Tech for Accounting Firms Get Spotlight at 2024 Conferences

CPA Practice

By my count, there are 30+ new tools for the accounting profession alone. Co-host Brian Tankersley and I try to cover interesting developments weekly in The Accounting Technology Lab Podcast. We’ll see applicable AI in Tax, Audit, and Client Accounting Services this year and next. So, What Are We To Do?

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Carbon Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Authors: Gabriela Payne, CPA On September 14, 2023, California’s Legislature approved a landmark Senate Bill 253/Climate Corporate Data Accountability Act, which is expected to have global impacts on corporate climate accountability. As the Firm has helped clients, Frequently Asked Questions (FAQs) have emerged.

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Bye-Bye Business Class for PwC UK Partners

Going Concern

Adds FT : It comes as the Big Four accounting firms — Deloitte, EY, KPMG and PwC — seek to trim costs and as large employers cut back on travel to reduce their carbon emissions, relying more on video calls to conduct meetings. PwC has pledged to cut emissions from its operations to net zero by 2030. Right but they cost more.

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Monday Morning Accounting News Brief: Every Day Is Fools’ Day For Some Accounting Employers; McKinsey Now Paying People to Leave | 4.1.24

Going Concern

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

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