Posts Tagged “external auditor”

Grant Thornton has strengthened its financial services tax team with the appointment of EY’s Richard Milnes as partner.

Previous to his post at EY, Milnes also worked in in international tax for Shell and as head of tax planning for Lloyds TSB before moving to a front office tax structuring and transactional role at Lloyds.

Milnes is to be based at Grant Thornton’s London office.

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KPMG has posted all time high global revenues of $23.4bn £14.3bn or €17bn. This was mainly due to the strong growth in the emerging markets.

America grew by 6.7% while the EMA region grew by 2.6% with the strongest performances coming from Germany, Ireland and Switzerland. Asia-Pacific grew by 1.1% but India, Mexico, Africa and China saw a growth in the double-digits.

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Unilever has dropped audit firm PWC as its auditor and appointed KPMG as its replacement.

Unilever is a global multinational consumer goods company. Its products include foods, beverages, cleaning agents and personal care products. Unilever has more than 400 brands, 15 of which generate sales in excess of €1 billion a year. It is one of the world’s largest consumer goods company and currently operates in over 100 countries.

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The Public Company Accounting Oversight Board have approved their 2014 fiscal-year budget as well as a 2013-2017 strategic plan that will hopefully see accounting firms expanding into consulting practices.

The PCAOB has noticed a growth in consulting revenue and acquisition activity in the past number of years. The Big 4 consulting firms have increased their consulting revenue by 33% in the past 5 years compared to a mere 6% increase in audit revenue. The PCAOB feel the consulting revenue will continue to increase.

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There are many qualifications internal auditors, external auditors and IT auditors can study towards to better their audit careers.

Possessing any of the qualifications or certifications can boost your chances of getting an audit job. Many audit job descriptions now include the preference for extra qualifications depending on the role. This does not mean that people with these qualifications will get the audit jobs over people that don’t. It will be an extra bonus in your favour.

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At Audit International we currently have a selection of audit jobs around Switzerland. At the moment the main regions of Switzerland that our roles are based in include Zurich, Geneva and Lausanne.

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Within the audit market the Big 4 audit firms are Price Waterhouse Coopers (PWC), Ernst & Young (EY), Deloitte and KPMG. The Big 4 are the 4 audit firms who dominate the audit market.

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There has been movement in the rankings between the top audit firms according to the latest Adviser Rankings quarterly statistics.

In regards to client market cap for AIM 100 clients, KPMG has moved up to third place with Grant Thornton slipping down to fourth place, but PWC and Deloitte remain first and second respectively.

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More and more recruiters are using LinkedIn to head-hunt candidates, which is why it is of vital importance to have your profile up to date with as much detail as possible. In a way your profile is like a CV to a recruiter. In order to develop your career in internal and external audit and to be noticeable to the audit market you should have a detailed profile.

Make sure your profile is as detailed as possible. Having as much detail as possible will make you stand out more to audit recruiters and give them a clearer picture of your experience. The more detailed your profile is the stronger it will be.

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The Institute of Internal Auditors plans to open a new American Center for Government Auditing in early 2014 and has hired a new director to run it.

The ACGA will offer specialized services to meet the needs of public sector internal auditors. James Pelletier, city auditor for Palo Alto, Calif., will leave his current post and begin working at the IIA’s global headquarters in Altamonte Springs, Fla., next month, the IIA announced Monday. Pelletier has more than 15 years of internal audit experience in both the public and private sectors. He previously served as chief auditor for the county of San Diego and has been an active IIA volunteer for several years, including serving as a member of the International Public Sector Committee.

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