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Saturday, 24 February, 2024

McKinsey
US Republicans call for McKinsey to be banned from federal contracts
Senators say think-tank led by consultancy undermined national security by advising China’s government
Friday, 23 February, 2024

McKinsey
McKinsey-led think-tank advised China on policy that fed US tensions
Urban China Initiative counselled Beijing on cutting-edge technologies in preparation of Five-Year Plan
Monday, 12 February, 2024

PGA Tour Inc.
US senator vows to fight on against Saudi influence over golf
Richard Blumenthal accused kingdom of trying to launder its image with potential PGA deal
Sunday, 11 February, 2024

EY
EY took on $700mn in debt for doomed ‘Project Everest’ spin-off plan
New figures detail cost to Big Four firm of unsuccessful effort to separate consulting arm
Tuesday, 6 February, 2024

Accounting & Consulting services
McKinsey and BCG warn staff face jail if they reveal Saudi work
Senators assail consultants for helping Riyadh use ‘soft power’ to build influence in the US
Monday, 5 February, 2024

McKinsey
McKinsey in soul-searching mood after Bob Sternfels’ re-election
Managing partner’s narrow win exposes doubts about his tenure as consultancy has grown
Monday, 5 February, 2024

Accountancy
Private equity buys majority stake in US accounting firm Baker Tilly
Hellman & Friedman-led deal is largest in a sector reconsidering its partnership model
Friday, 2 February, 2024

McKinsey
McKinsey partners re-elect Bob Sternfels after leadership challenge
Consulting firm’s triennial election process exposed divisions over management style
Thursday, 1 February, 2024

US foreign policy
McKinsey and BCG accused of withholding information on Saudi ties
Senator says consultancies have not complied with subpoena seeking details of their work for the kingdom
Tuesday, 30 January, 2024

Accountancy
Top accounting firms admit breaking rules safeguarding audit independence
US regulators require staff and families to disclose possible conflicts of interest
Friday, 26 January, 2024

McKinsey
McKinsey’s Bob Sternfels forced into a run-off in leadership ballot
Consulting firm’s global managing partner fails to clinch a second term in second round of voting
Sunday, 21 January, 2024

News in-depthMcKinsey
McKinsey head Bob Sternfels faces opposition to re-election
Internal backlash to consulting firm’s restructuring and slower growth make for tougher-than-expected leadership contest
Wednesday, 17 January, 2024

PwC
PwC drops some US diversity goals to meet changed legal landscape
Big Four accounting firm cites need for ‘rigour’ after Supreme Court affirmative action ruling
Sunday, 14 January, 2024

News in-depthMcKinsey
McKinsey’s revenue from prime US government contracts falls to 9-year low
Consultant remains frozen out of some federal agency work over its role in opioids scandal
Tuesday, 9 January, 2024

Bain & Co Inc
Bain picks first European as global chief executive
Consulting group elevates Belgian Christophe De Vusser to succeed Manny Maceda
Thursday, 4 January, 2024

Inside BusinessAccounting & Consulting services
Dire shortage of accountants prompts calls for shake-up
With three-quarters of CPAs at or near retirement age, some argue length of training should be cut
Wednesday, 3 January, 2024

InterviewAccountancy
RSM rules out radical changes to accounting partnership model
Head of largest firm outside the Big Four plans to focus on integrating its international network
Tuesday, 2 January, 2024

News in-depthAccounting & Consulting services
Big Four firms rethink governance after year of mis-steps and scandals
Auditors and regulators consider ways to strengthen oversight and hold management to account
Sunday, 31 December, 2023

Accounting & Consulting services
KPMG looks to take some of the pain out of the auditing ‘busy season’
Big Four firm cites success in early experiments to spread out work at peak times in the US
Thursday, 28 December, 2023

Business education
Harvard MBA job offers fall in recruitment slowdown
Economic uncertainty has stirred uncertainty in sectors including consultancies, audit firms and tech
Tuesday, 26 December, 2023

Accountancy
Midsized US accounting firms retreat from public company audits
Industry group says more could follow suit as regulator steps up inspections
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