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The WorldCom scandal was a major accounting scandal that came into light in the summer of 2002 at WorldCom, the USA's second-largest long-distance telephone company at the time. From 1999 to 2002, senior executives at WorldCom led by founder and CEO Bernard Ebbers orchestrated a scheme to inflate earnings in order to maintain WorldCom's stock ...
Accounting scandals are business scandals which arise from intentional manipulation of financial statements with the disclosure of financial misdeeds by trusted executives of corporations or governments. Such misdeeds typically involve complex methods for misusing or misdirecting funds, overstating revenues, understating expenses, overstating ...
The 19th World Congress of Accountants was held in Rome, Italy, on November 10–13, 2014.The theme was 2020 Vision: Learning from the Past, Building the Future. [10] For this Congress, IFAC selected the Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili, an Italy- based organization and IFAC member body [11] as the hosting organization.
Website. www.pwc.com. PricewaterhouseCoopers International Limited[4] is a British multinational professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world [5] and is considered one of the Big Four accounting firms, along with Deloitte, EY, and KPMG.
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KPMG office in Amstelveen, Netherlands KPMG offices at FPM41, Lisbon, Portugal. In 1816, Robert Fletcher started working as an accountant and in 1839 the firm he worked for changed its name to Robert Fletcher & Co. [8] William Barclay Peat joined the firm in 1870 at 17 and became head of the firm in 1891, renamed William Barclay Peat & Co. by then. [9]
Ernst & Young Global Limited, trade name EY, [ 6 ][ 7 ] is a British multinational professional services partnership. EY is one of the largest professional services networks in the world. [ 8 ] Along with Deloitte, KPMG and PwC, it is considered one of the Big Four accounting firms.
Deloitte is the largest professional services network by revenue and number of employees in the world and is considered one of the Big Four accounting firms, along with EY, KPMG, and PwC. [5][6] The firm was founded by William Welch Deloitte in London, England in 1845 and expanded into the United States in 1890. [7]