article thumbnail

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.

article thumbnail

Baker Tilly and Moss Adams Are Combining to Create a Private Equity-Fueled Behemoth

Going Concern

Naturally, WSJ had the full scoop : Accounting firms Baker Tilly and Moss Adams agreed to merge in a deal valued at roughly $7 billion, which would make it the largest firm in the industry to be partly owned by private-equity investors. The combined firm, which would be the sixth-biggest accounting firm in the U.S.,

audit 95
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why M&A Is Reshaping the Future of Accounting — and What Firms Must Do About It

Accounting Insight

Succession planning has become a global challenge, and UK accountancy firms are no exception. A 2024 ICAEW study of mid-tier accounting firms found that 70% of respondents ranked talent-related issues as their top concern, with 45% specifically identifying succession planning as a key talent challenge. And often publicly.

article thumbnail

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.

article thumbnail

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.

article thumbnail

New GASB Members Named

CPA Practice

His term begins July 1, 2025, and extends through June 30, 2030. This will extend her service through June 30, 2030. Before entering the public sector, he was employed as an audit manager with the accounting firm of Deloitte & Touche. The Trustees also announced the reappointment of Dianne E.

article thumbnail

New Tech for Accounting Firms Get Spotlight at 2024 Conferences

CPA Practice

Quantum computing – The new generation of computing is anticipated to arrive by 2030. Over 20 companies are developing and delivering products in this category today. Many technical challenges have been addressed, and the companies are now looking to scale.