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๐—š๐—ฃ๐—ง๐—ญ๐—ฒ๐—ฟ๐—ผ ๐—ต๐—ฎ๐˜€ ๐—ฝ๐˜‚๐—ฏ๐—น๐—ถ๐˜€๐—ต๐—ฒ๐—ฑ ๐—ฎ ๐—ฑ๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐—ฒ๐—ฑ ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ถ๐—ด๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฟ๐—ฒ๐˜ƒ๐—ฒ๐—ฎ๐—น๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฎ๐˜ ๐—ฎ ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ ๐—˜๐—ฌ ๐—–๐—ฎ๐—ป๐—ฎ๐—ฑ๐—ฎ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ - โ€œ๐—ฃ๐—ผ๐—ถ๐—ป๐˜๐˜€ ๐—ผ๐—ณ ๐—”๐˜๐˜๐—ฎ๐—ฐ๐—ธ: ๐—จ๐—ป๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ถ๐—ป๐—ด ๐—–๐˜†๐—ฏ๐—ฒ๐—ฟ ๐—ง๐—ต๐—ฟ๐—ฒ๐—ฎ๐˜๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—™๐—ฟ๐—ฎ๐˜‚๐—ฑ ๐—ถ๐—ป ๐—Ÿ๐—ผ๐˜†๐—ฎ๐—น๐˜๐˜† ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ๐˜€โ€ ๐˜„๐—ฎ๐˜€ ๐—ฟ๐—ถ๐—ฑ๐—ฑ๐—น๐—ฒ๐—ฑ ๐˜„๐—ถ๐˜๐—ต ๐—ณ๐—ฎ๐—ฏ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐˜๐—ฒ๐—ฑ ๐—ฐ๐—ถ๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€, ๐—ถ๐—ป๐—ฐ๐—ผ๐—ป๐˜€๐—ถ๐˜€๐˜๐—ฒ๐—ป๐˜ ๐—ฑ๐—ฎ๐˜๐—ฎ, ๐—ฎ๐—ป๐—ฑ ๐—”๐—œ-๐—ด๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ๐—ฑ ๐—ฐ๐—ผ๐—ป๐˜๐—ฒ๐—ป๐˜. Key Findings by GPTZero: 1. 16 out of 27 references were hallucinated (broken or non-existent URLs) 2. References to a non-existent McKinsey & Company โ€“ Loyalty Economics Report (2022) 3. Made-up statistics and mis-attributed claims 4. The report was estimated to be 72% AI-generated โ€œ๐˜—๐˜ถ๐˜ฃ๐˜ญ๐˜ช๐˜ด๐˜ฉ๐˜ช๐˜ฏ๐˜จ ๐˜ข ๐˜ณ๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต ๐˜ฐ๐˜ฏ๐˜ญ๐˜ช๐˜ฏ๐˜ฆ ๐˜ช๐˜ด ๐˜ฆ๐˜ด๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ช๐˜ข๐˜ญ๐˜ญ๐˜บ ๐˜ข ๐˜ง๐˜ฐ๐˜ณ๐˜ฎ ๐˜ฐ๐˜ง ๐˜ฅ๐˜ข๐˜ต๐˜ข ๐˜ช๐˜ฏ๐˜ซ๐˜ฆ๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ช๐˜ฏ๐˜ต๐˜ฐ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฑ๐˜ฐ๐˜ฐ๐˜ญ ๐˜ฐ๐˜ง ๐˜ฌ๐˜ฏ๐˜ฐ๐˜ธ๐˜ญ๐˜ฆ๐˜ฅ๐˜จ๐˜ฆ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ช๐˜ด ๐˜ต๐˜ฉ๐˜ฆ ๐˜ช๐˜ฏ๐˜ต๐˜ฆ๐˜ณ๐˜ฏ๐˜ฆ๐˜ต. ๐˜ž๐˜ฉ๐˜ฆ๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ณ๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต ๐˜ช๐˜ฏ๐˜ค๐˜ญ๐˜ถ๐˜ฅ๐˜ฆ๐˜ด ๐˜ง๐˜ข๐˜ฌ๐˜ฆ ๐˜ช๐˜ฏ๐˜ง๐˜ฐ๐˜ณ๐˜ฎ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ (๐˜ฆ๐˜ช๐˜ต๐˜ฉ๐˜ฆ๐˜ณ ๐˜ท๐˜ช๐˜ฃ๐˜ฆ๐˜ฅ ๐˜ค๐˜ช๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด ๐˜ฐ๐˜ณ ๐˜ง๐˜ข๐˜ญ๐˜ด๐˜ฆ ๐˜ค๐˜ญ๐˜ข๐˜ช๐˜ฎ๐˜ด) ๐˜ช๐˜ต ๐˜ค๐˜ข๐˜ฏ โ€˜๐˜ฑ๐˜ฐ๐˜ช๐˜ด๐˜ฐ๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ธ๐˜ฆ๐˜ญ๐˜ญโ€™ ๐˜ฃ๐˜บ ๐˜ฎ๐˜ช๐˜ด๐˜ญ๐˜ฆ๐˜ข๐˜ฅ๐˜ช๐˜ฏ๐˜จ ๐˜ง๐˜ถ๐˜ต๐˜ถ๐˜ณ๐˜ฆ ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ข๐˜ณ๐˜ค๐˜ฉ๐˜ฆ๐˜ณ๐˜ด, ๐˜ฆ๐˜ด๐˜ฑ๐˜ฆ๐˜ค๐˜ช๐˜ข๐˜ญ๐˜ญ๐˜บ ๐˜ช๐˜ง ๐˜ต๐˜ฉ๐˜ฆ ๐˜ณ๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต ๐˜ช๐˜ด ๐˜ฑ๐˜ถ๐˜ฃ๐˜ญ๐˜ช๐˜ด๐˜ฉ๐˜ฆ๐˜ฅ ๐˜ฃ๐˜บ ๐˜ข ๐˜ธ๐˜ฆ๐˜ญ๐˜ญ-๐˜ฌ๐˜ฏ๐˜ฐ๐˜ธ๐˜ฏ ๐˜ค๐˜ฐ๐˜ฏ๐˜ด๐˜ถ๐˜ญ๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜ง๐˜ช๐˜ณ๐˜ฎ...โ€ โ€” GPTZero researchers: Om Ogale, Paul Esau, Alex Cui ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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๐——๐—ฒ๐—น๐—ผ๐—ถ๐˜๐˜๐—ฒ ๐—ฆ๐—ฒ๐˜ ๐˜๐—ผ ๐——๐—ฒ๐—ฏ๐˜‚๐˜ ๐—ฎ๐˜€ ๐—ฃ๐—ฟ๐—ถ๐—บ๐—ฎ๐—ฟ๐˜† ๐—ฆ๐—ฝ๐—ผ๐—ป๐˜€๐—ผ๐—ฟ ๐—ผ๐—ป ๐—”๐—ฟ๐—ฟ๐—ผ๐˜„ ๐— ๐—ฐ๐—Ÿ๐—ฎ๐—ฟ๐—ฒ๐—ป ๐—œ๐—ป๐—ฑ๐˜†๐—–๐—ฎ๐—ฟ Arrow McLaren will run a new livery with Deloitte as the primary sponsor on the No. 6 Chevrolet this weekend at World Wide Technology Raceway. The updated branding follows Deloitteโ€™s January 2026 appointment as Official Transformation Partner for McLaren Racing. Under the expanded multi-year agreement, Deloitte now supports the organization across its Formula 1 team, Arrow McLaren in the NTT INDYCAR Series, and the planned 2027 FIA World Endurance Championship Hypercar entry. The partnership, which has grown from earlier technology and operational work, includes contributions in data analytics, digital twin simulations, enterprise systems, and sustainability. Deloitte branding is now visible across multiple McLaren Racing series. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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The accountants who win aren't the ones who fear AI. They're the ones who use it first. The Big Four just committed over $5 billion to embed AI into every accounting engagement. #CPA #AccountingCareers #AIinAccounting #BigFour #CPAExam #UWorldCPA
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Ela vai zerar a Bigfour novamente!!!
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The collapse of China Evergrande exposed one of the largest corporate frauds in history โ€” with tens of billions in overstated revenues. PwC signed off on the financials for years, never giving any indication that their client was in trouble. Now, regulators in both mainland China and Hong Kong have delivered some of the strongest verdicts ever issued against a Big Four firm. ๐—–๐—ต๐—ถ๐—ป๐—ฎ (๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฐ โ€“ ๐— ๐—ถ๐—ป๐—ถ๐˜€๐˜๐—ฟ๐˜† ๐—ผ๐—ณ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ & ๐—–๐—ฆ๐—ฅ๐—–) โ€ข Record fine of ~441 million yuan (~$62 million) six-month suspension of PwC Zhong Tianโ€™s audit business. โ€ข PwC โ€œturned a blind eyeโ€ and โ€œeven condonedโ€ Evergrandeโ€™s fraud in 2019โ€“2020 audits and bond issuances. โ€ข Serious violations: lack of professional skepticism, acceptance of fake project records, deliberately flawed sampling, and issuance of inappropriate clean opinions despite knowing (or should have known) material misstatements. The CSRC stated the failures โ€œseriously eroded the basis of law and good faith.โ€ ๐—›๐—ผ๐—ป๐—ด ๐—ž๐—ผ๐—ป๐—ด (๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ โ€“ ๐—ฆ๐—™๐—– & ๐—”๐—™๐—ฅ๐—–) โ€ข PwC Hong Kong required to set aside HK$1 billion (~$128 million) for compensation to minority shareholders โ€” a landmark auditor-funded payout. โ€ข AFRC imposed a HK$300 million fine (largest in its history), six-month ban on new listed company audits, and additional partner fines. โ€ข Key issues: massive revenue overstatements (up to 69% in 2020) through premature recognition, โ€œnumerous serious audit deficiencies,โ€ and โ€œparticularly egregiousโ€ failures to obtain proper evidence. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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Replying to @ianhazlitt
Yo el tema lo veo sobre todo en el dinero, un tรญo que curra en una bigfour con un par de aรฑos tiene para comprarse un pisito en una zona buena mientras que en Madrid el ladrillo dificulta mucho o hace casi imposible que los locales accedan a la segregaciรณn
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๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ฅ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—ถ๐—ป ๐—”๐˜‚๐˜€๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐—ฎ โ€“ ๐—™๐—ฌ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ The latest revenue figures for the Big Four in Australia highlight their continued dominance, yet also signal a more challenging environment. ๐—ช๐—ต๐—ถ๐—น๐—ฒ ๐˜๐—ต๐—ฒ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐˜€๐˜๐—ถ๐—น๐—น ๐—ฐ๐—ผ๐—บ๐—บ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ๐—ถ๐˜๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜, ๐˜๐—ต๐—ฒ๐˜† ๐—ฎ๐—ฟ๐—ฒ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ถ๐—ป๐—ด ๐˜€๐—ผ๐—ณ๐˜๐—ฒ๐—ฟ ๐—ฎ๐—ฑ๐˜ƒ๐—ถ๐˜€๐—ผ๐—ฟ๐˜† ๐—ฑ๐—ฒ๐—บ๐—ฎ๐—ป๐—ฑ. ๐— ๐—ผ๐—ฟ๐—ฒ ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐˜๐—น๐˜†, ๐˜๐—ต๐—ถ๐˜€ ๐—ฑ๐—ฎ๐˜๐—ฎ ๐—ฑ๐—ผ๐—ฒ๐˜€๐—ปโ€™๐˜ ๐—ฐ๐—ฎ๐—ฝ๐˜๐˜‚๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ณ๐˜‚๐—น๐—น ๐—ฝ๐—ถ๐—ฐ๐˜๐˜‚๐—ฟ๐—ฒ โ€” ๐—ฝ๐—ฎ๐—ฟ๐˜๐—ถ๐—ฐ๐˜‚๐—น๐—ฎ๐—ฟ๐—น๐˜† ๐˜๐—ต๐—ฒ ๐—ด๐—ฟ๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—ฑ๐—ถ๐˜€๐˜๐—ฟ๐˜‚๐˜€๐˜ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ณ๐—ผ๐—น๐—น๐—ผ๐˜„๐—ถ๐—ป๐—ด ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ ๐˜€๐—ฐ๐—ฎ๐—ป๐—ฑ๐—ฎ๐—น๐˜€. The PwC Australia tax leaks controversy significantly eroded public and client confidence, leading to lost government contracts and reputational damage. The more recent KPMG Australia audit-related scandal is likely to amplify this distrust even further, raising fresh questions around governance, confidentiality, and ethical standards across the sector. ๐—ง๐—ต๐—ถ๐˜€ ๐—ฒ๐—ป๐˜ƒ๐—ถ๐—ฟ๐—ผ๐—ป๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐˜€ ๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ฎ ๐—บ๐—ฒ๐—ฎ๐—ป๐—ถ๐—ป๐—ด๐—ณ๐˜‚๐—น ๐—ผ๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜† ๐—ณ๐—ผ๐—ฟ ๐—บ๐—ถ๐—ฑ-๐˜๐—ถ๐—ฒ๐—ฟ ๐—ณ๐—ถ๐—ฟ๐—บ๐˜€, ๐˜„๐—ต๐—ถ๐—ฐ๐—ต ๐—ฎ๐—ฟ๐—ฒ ๐—ฐ๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น๐—ถ๐˜‡๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐˜๐—ต๐—ฒ ๐˜€๐—ถ๐˜๐˜‚๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐—ด๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ๐—ฟ ๐—ฎ๐—ด๐—ถ๐—น๐—ถ๐˜๐˜†, ๐—ฐ๐—น๐—ถ๐—ฒ๐—ป๐˜-๐—ฐ๐—ฒ๐—ป๐˜๐—ฟ๐—ถ๐—ฐ ๐—ณ๐—ผ๐—ฐ๐˜‚๐˜€, ๐—ฎ๐—ป๐—ฑ ๐˜€๐˜๐—ฟ๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐˜๐—ฟ๐˜‚๐˜€๐˜ ๐˜€๐—ถ๐—ด๐—ป๐—ฎ๐—น๐˜€. ๐— ๐—ถ๐—ฑ-๐˜๐—ถ๐—ฒ๐—ฟ ๐—ณ๐—ถ๐—ฟ๐—บ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ด๐—ฎ๐—ถ๐—ป๐—ถ๐—ป๐—ด ๐—ด๐—ฟ๐—ผ๐˜‚๐—ป๐—ฑ: โ€ข BDO in Australia โ€” $606.5 million (strong double-digit growth) โ€ข RSM Australia โ€” $413.6 million (solid gains) โ€ข William Buck โ€” $196.1 million (impressive trajectory) ๐—”๐˜€ ๐—ฐ๐—น๐—ถ๐—ฒ๐—ป๐˜๐˜€ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ฎ๐—น๐—ฒ๐—ป๐˜ ๐˜€๐—ฒ๐—ฒ๐—ธ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ฟ๐—ฒ๐—น๐—ถ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฎ๐—น๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ๐˜€, ๐—บ๐—ถ๐—ฑ-๐˜๐—ถ๐—ฒ๐—ฟ ๐—ฝ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐˜„๐—ฒ๐—น๐—น-๐—ฝ๐—ผ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ฐ๐—ฎ๐—ฝ๐˜๐˜‚๐—ฟ๐—ฒ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐˜€๐—ต๐—ฎ๐—ฟ๐—ฒ ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ ๐—ฎ๐—ป๐—ฑ ๐—ฏ๐—ฒ๐˜†๐—ผ๐—ป๐—ฑ. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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EY UK is demoting a number of equity partners to salaried roles as part of the shift away from the traditional โ€œjob-for-lifeโ€ model. This comes in addition to the cull of 30 partners in consulting last year. #BigFour #EY
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๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ณ๐—ถ๐—ฟ๐—บ ๐——๐—ฒ๐—น๐—ผ๐—ถ๐˜๐˜๐—ฒ ๐—ถ๐˜€ ๐˜€๐—น๐—ฎ๐˜€๐—ต๐—ถ๐—ป๐—ด ๐—ธ๐—ฒ๐˜† ๐—ฒ๐—บ๐—ฝ๐—น๐—ผ๐˜†๐—ฒ๐—ฒ ๐—ฏ๐—ฒ๐—ป๐—ฒ๐—ณ๐—ถ๐˜๐˜€ โ€” ๐—ฎ๐—ป๐—ฑ ๐—ถ๐˜'๐˜€ ๐—ฟ๐—ฎ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐—ฒ๐˜†๐—ฒ๐—ฏ๐—ฟ๐—ผ๐˜„๐˜€ ๐—ฎ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ. In a move one long-tenured employee called โ€œa huge regression,โ€ Deloitte is significantly cutting benefits for workers in internal support roles like admin, finance, and IT. Starting January 1, 2027, affected employees will see: โ€ข ๐—ฃ๐—ง๐—ข ๐—ฟ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐Ÿฑโ€“๐Ÿญ๐Ÿฌ ๐—ฑ๐—ฎ๐˜†๐˜€ ๐—ฝ๐—ฒ๐—ฟ ๐˜†๐—ฒ๐—ฎ๐—ฟ (๐—ป๐—ฒ๐˜„ ๐—ฟ๐—ฎ๐—ป๐—ด๐—ฒ: ๐Ÿญ๐Ÿดโ€“๐Ÿฎ๐Ÿฑ ๐—ฑ๐—ฎ๐˜†๐˜€ ๐—ฑ๐—ฒ๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ผ๐—ป ๐˜€๐—ฒ๐—ป๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐˜†) โ€ข ๐—ฃ๐—ฎ๐—ฟ๐—ฒ๐—ป๐˜๐—ฎ๐—น/๐—ณ๐—ฎ๐—บ๐—ถ๐—น๐˜† ๐—น๐—ฒ๐—ฎ๐˜ƒ๐—ฒ ๐—ต๐—ฎ๐—น๐˜ƒ๐—ฒ๐—ฑ โ€” ๐—ณ๐—ฟ๐—ผ๐—บ ๐Ÿญ๐Ÿฒ ๐˜„๐—ฒ๐—ฒ๐—ธ๐˜€ ๐˜๐—ผ ๐—ท๐˜‚๐˜€๐˜ ๐Ÿด ๐˜„๐—ฒ๐—ฒ๐—ธ๐˜€ โ€ข $๐Ÿฑ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐—œ๐—ฉ๐—™, ๐—ฎ๐—ฑ๐—ผ๐—ฝ๐˜๐—ถ๐—ผ๐—ป, ๐—ฎ๐—ป๐—ฑ ๐˜€๐˜‚๐—ฟ๐—ฟ๐—ผ๐—ด๐—ฎ๐—ฐ๐˜† ๐—ฟ๐—ฒ๐—ถ๐—บ๐—ฏ๐˜‚๐—ฟ๐˜€๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฒ๐—น๐—ถ๐—บ๐—ถ๐—ป๐—ฎ๐˜๐—ฒ๐—ฑ โ€ข ๐—ฃ๐—ฒ๐—ป๐˜€๐—ถ๐—ผ๐—ป ๐—ฝ๐—น๐—ฎ๐—ป ๐—ฎ๐—ฐ๐—ฐ๐—ฟ๐˜‚๐—ฎ๐—น๐˜€ ๐—ณ๐—ฟ๐—ผ๐˜‡๐—ฒ๐—ป (๐˜๐—ต๐—ผ๐˜‚๐—ด๐—ต ๐Ÿฐ๐Ÿฌ๐Ÿญ(๐—ธ) ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป๐˜€ ๐—ณ๐—ผ๐—ฟ ๐˜€๐—ผ๐—บ๐—ฒ) These cuts only apply to certain internal-facing roles, not client-facing consultants. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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๐Ÿ“ฃ New on-demand webinar: "IT Services Market Outlook: Forecasting Growth, AI Impact and Competitive Shifts Through 2030" ๐Ÿ”— hubs.ly/Q04jr4Lf0 Watch today! #AI #consulting #systemsintegration #BigFour #Accenture #ITservices
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McKinsey & Company is reshaping partner compensation in a major internal overhaul โ€” and it could be an early warning signal for the entire consulting industry. According to the Financial Times (Stephen Foley and Ellesheva Kissin), the firm is reducing the proportion of profits partners take home in cash through "Project Acorn." A greater share will now be paid in equity, strengthening the firm's capital base amid rising uncertainty. For some partners, this means tens of thousands of dollars shifting from immediate cash to longer-term equity. ๐—ช๐—ต๐˜† ๐—ป๐—ผ๐˜„? 1. Clients are increasingly demanding outcome-based pricing โ€” fees tied to actual savings or performance improvements, not just hours worked. 2. AI is transforming the industry: it's accelerating projects, replacing traditional junior consultant billing models, and creating more volatile, delayed cash flows. 3. McKinsey is positioning itself as an AI transformation partner, but this shift requires more financial flexibility for tech investments and buffers against underperforming projects. The changes also simplify a complex multi-year payout system and bring forward compensation for younger partners, helping retention and competitiveness. ๐—ช๐—ต๐˜† ๐˜๐—ต๐—ถ๐˜€ ๐—บ๐—ฎ๐˜๐˜๐—ฒ๐—ฟ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ (๐—ฎ๐—ป๐—ฑ ๐—ฒ๐˜€๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ฎ๐—น๐—น๐˜† ๐——๐—ฒ๐—น๐—ผ๐—ถ๐˜๐˜๐—ฒ) McKinsey may be the canary in the coal mine. 1. ๐—–๐—ผ๐—ป๐˜€๐˜‚๐—น๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฒ๐˜ƒ๐—ฒ๐—ป๐˜‚๐—ฒ ๐—ฒ๐˜…๐—ฝ๐—ผ๐˜€๐˜‚๐—ฟ๐—ฒ: Deloitte derives roughly two-thirds of its revenue from consulting โ€” making it particularly sensitive to these shifts in pricing, AI disruption, and capital needs. PwC, EY, and KPMG are similarly exposed as they pivot toward advisory and tech-enabled services. 2. ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น & ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—ป๐—ฒ๐—ฒ๐—ฑ๐˜€: Building or acquiring AI capabilities, data platforms, and transformation tools requires significant capital. Shifting more compensation to equity gives firms a stronger balance sheet without external fundraising. ๐—ง๐—ต๐—ฒ ๐—ฐ๐—ผ๐—ป๐˜€๐˜‚๐—น๐˜๐—ถ๐—ป๐—ด ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น ๐—ถ๐˜€ ๐—ฒ๐˜ƒ๐—ผ๐—น๐˜ƒ๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐—ฝ๐—ถ๐—ฑ๐—น๐˜† โ€” ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฏ๐—ถ๐—น๐—น๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ต๐—ผ๐˜‚๐—ฟ๐˜€ ๐˜๐—ผ ๐—บ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ผ๐˜‚๐˜๐—ฐ๐—ผ๐—บ๐—ฒ๐˜€, ๐˜„๐—ถ๐˜๐—ต ๐—”๐—œ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฟ๐—ฒ๐˜€๐˜€๐—ถ๐—ป๐—ด ๐˜๐—ถ๐—บ๐—ฒ๐—น๐—ถ๐—ป๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฟ๐—ฎ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐—ฐ๐—น๐—ถ๐—ฒ๐—ป๐˜ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฐ๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€. Firms that adapt their internal economics now will be better positioned for volatility ahead. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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๐—ฃ๐˜„๐—– ๐—ต๐—ฎ๐˜€ ๐—ฏ๐—ฒ๐—ฒ๐—ป ๐—ฝ๐—ผ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป๐—ฒ๐—ฑ ๐—ฎ๐˜€ ๐—ฎ ๐—Ÿ๐—ฒ๐—ฎ๐—ฑ๐—ฒ๐—ฟ ๐—ถ๐—ป ๐—ง๐—ต๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฟ๐—ฒ๐˜€๐˜๐—ฒ๐—ฟ ๐—ช๐—ฎ๐˜ƒ๐—ฒ๐—ง๐— : ๐—”๐—œ ๐—–๐—ผ๐—ป๐˜€๐˜‚๐—น๐˜๐—ถ๐—ป๐—ด ๐—ฆ๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ๐˜€, ๐—ค๐Ÿฎ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ. In the latest independent evaluation of AI consulting providers, Forrester highlighted PwCโ€™s capabilities in supporting large organizations through their AI transformations โ€” from enhancing current operations to building AI-native models and ecosystems. ๐—ž๐—ฒ๐˜† ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ป๐—ด๐˜๐—ต๐˜€ ๐—ก๐—ผ๐˜๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—™๐—ผ๐—ฟ๐—ฟ๐—ฒ๐˜€๐˜๐—ฒ๐—ฟ: ๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜† & ๐—ฉ๐—ถ๐˜€๐—ถ๐—ผ๐—ป: PwC offers a strong mix of onshore, nearshore, and offshore delivery, along with innovative pricing models โ€” including putting fees at risk in approximately one-third of engagements. The firm also stands out for its early partnerships, serving as the first reseller of OpenAIโ€™s ChatGPT Enterprise and a launch partner for Anthropic. ๐—–๐—ฎ๐—ฝ๐—ฎ๐—ฏ๐—ถ๐—น๐—ถ๐˜๐—ถ๐—ฒ๐˜€: Strong performance in value management, AI operations, and architecture. PwC draws on its internal experience deploying Microsoft Copilot across its 230,000 employees, reporting double-digit productivity improvements. ๐—˜๐˜…๐—ฒ๐—ฐ๐˜‚๐˜๐—ถ๐—ผ๐—ป & ๐——๐—ฒ๐—น๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜†: Clients cited PwCโ€™s ability to combine strategic advisory with hands-on engineering, adapt quickly to changing needs, and maintain transparent, collaborative project management. ๐—•๐—ฒ๐˜€๐˜ ๐—™๐—ถ๐˜: Global enterprises in highly regulated industries such as financial services and life sciences, as well as technology, media, and telecom companies seeking to scale AI beyond task-level automation into broader process and business model reinvention. This recognition comes at a time when organizations are shifting focus from AI experimentation to delivering measurable, enterprise-wide results and sustainable ROI. ๐—ค๐˜‚๐—ผ๐˜๐—ฒ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฃ๐˜„๐—–: โ€œ๐—ง๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ด๐—ป๐—ถ๐˜๐—ถ๐—ผ๐—ป ๐—ฟ๐—ฒ๐—ณ๐—น๐—ฒ๐—ฐ๐˜๐˜€ ๐—ต๐—ผ๐˜„ ๐˜„๐—ฒ ๐—ฎ๐—ฟ๐—ฒ ๐—ต๐—ฒ๐—น๐—ฝ๐—ถ๐—ป๐—ด ๐—ฐ๐—น๐—ถ๐—ฒ๐—ป๐˜๐˜€ ๐—บ๐—ผ๐˜ƒ๐—ฒ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐—ถ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜๐—ผ ๐—ฒ๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ-๐˜„๐—ถ๐—ฑ๐—ฒ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป, ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฑ๐—ฑ๐—ถ๐—ป๐—ด ๐—”๐—œ ๐—ถ๐—ป๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ฐ๐—ผ๐—ฟ๐—ฒ ๐—ผ๐—ณ ๐—ต๐—ผ๐˜„ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐˜€ ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ... ๐˜๐˜‚๐—ฟ๐—ป๐—ถ๐—ป๐—ด ๐—ฎ๐—บ๐—ฏ๐—ถ๐˜๐—ถ๐—ผ๐—ป ๐—ถ๐—ป๐˜๐—ผ ๐—บ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ผ๐˜‚๐˜๐—ฐ๐—ผ๐—บ๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฑ๐˜‚๐—ฟ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฎ๐—ฑ๐˜ƒ๐—ฎ๐—ป๐˜๐—ฎ๐—ด๐—ฒ.โ€ ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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Big Four | ไฟฎๅ“ฅไนไบ”่‡ณๅฐŠๆผ”ๅ”ฑๆœƒ2026 | ๅ‰็จ‹้Œฆ็นก talk Big Four #bigfour #่˜‡ๆฐธๅบท #ๅผต่ก›ๅฅ #่จฑๅฟ—ๅฎ‰ #ๆข... youtu.be/FF-6YEd-TBU?si=uZMJโ€ฆ @YouTubeใ‚ˆใ‚Š ใ‚ใƒผใ€ใ‚ฒใ‚นใƒˆใงๅ‡บใŸใฎใญ๏ผ ๅ‰็จ‹้Œฆ็น๏ผˆไฟบใŸใกใฎๆ—…๏ผ‰ใ‚’็š†ใงใ€‚
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Replying to @Dazzaat
The rest will be propped up by Grubby #Miners and #BigFour accounting firms always in bed with #Liberals #LNP
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๐—ž๐—ฃ๐— ๐—š ๐—ฆ๐—ฐ๐—ฎ๐—ป๐—ฑ๐—ฎ๐—น ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐˜ƒ๐—ฒ๐˜€ ๐—ฆ๐˜๐—ฎ๐—น๐—น๐—ฒ๐—ฑ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ฅ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—บ๐˜€ ๐—ถ๐—ป ๐—”๐˜‚๐˜€๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐—ฎ What started as a KPMG-specific crisis is now ๐—ฟ๐—ถ๐—ฝ๐—ฝ๐—น๐—ถ๐—ป๐—ด ๐—ฎ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐˜๐—ต๐—ฒ ๐—ฒ๐—ป๐˜๐—ถ๐—ฟ๐—ฒ ๐—ฝ๐—ฟ๐—ผ๐—ณ๐—ฒ๐˜€๐˜€๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐˜€๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐˜€๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ - ๐—ฟ๐—ฒ๐—ฎ๐—ฐ๐—ต๐—ถ๐—ป๐—ด ๐——๐—ฒ๐—น๐—ผ๐—ถ๐˜๐˜๐—ฒ, ๐—˜๐—ฌ ๐—ฎ๐—ป๐—ฑ ๐—ฃ๐˜„๐—–. Reforms that had lost momentum after earlier inquiries are back on the table, with ๐—”๐˜€๐˜€๐—ถ๐˜€๐˜๐—ฎ๐—ป๐˜ ๐—ง๐—ฟ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐—ฒ๐—ฟ ๐——๐—ฎ๐—ป๐—ถ๐—ฒ๐—น ๐— ๐˜‚๐—น๐—ถ๐—ป๐—ผ ๐—ฐ๐—ผ๐—ป๐—ณ๐—ถ๐—ฟ๐—บ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ด๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐˜€ ๐—ฎ๐—ฐ๐˜๐—ถ๐˜ƒ๐—ฒ๐—น๐˜† โ€œ๐˜€๐˜๐—ฒ๐—ฝ๐—ฝ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐—ฎ๐—น๐—น ๐˜๐—ต๐—ฒ ๐—ฐ๐—ผ๐—ฟ๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐—ฑ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€.โ€ ๐—ž๐—ฒ๐˜† ๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ผ๐˜€๐—ฒ๐—ฑ ๐—ฅ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—บ๐˜€: โ€ข ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ ๐—–๐—ฎ๐—ฝ: Limit the number of partners to 400 (the Big Four currently have up to ~700 partners) โ€” bringing them into line with law firms. โ€ข ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—”๐—ฐ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ดe: Bring large partnerships under the Corporations Act for stronger corporate governance and accountability. โ€ข ๐—”๐—ฆ๐—œ๐—– ๐—ฃ๐—ผ๐˜„๐—ฒ๐—ฟ๐˜€: Grant the corporate regulator ASIC the ability to take enforcement action against the firms themselves, not just individual partners. ๐—ง๐—ต๐—ฒ๐˜€๐—ฒ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ๐˜€ ๐˜„๐—ผ๐˜‚๐—น๐—ฑ ๐—ฟ๐—ฒ๐—ฝ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ป๐˜ ๐˜๐—ต๐—ฒ ๐—บ๐—ผ๐˜€๐˜ ๐˜€๐—ถ๐—ด๐—ป๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐—ป๐˜ ๐˜€๐˜๐—ฟ๐˜‚๐—ฐ๐˜๐˜‚๐—ฟ๐—ฎ๐—น ๐—ฟ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—บ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น ๐—ถ๐—ป ๐—”๐˜‚๐˜€๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐—ฎ ๐—ถ๐—ป ๐—ฑ๐—ฒ๐—ฐ๐—ฎ๐—ฑ๐—ฒ๐˜€. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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๐—๐˜‚๐—ฑ๐—ด๐—ฒ ๐—”๐—น๐—น๐—ผ๐˜„๐˜€ ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ฒ ๐—ฆ๐—ฒ๐—ฐ๐—ฟ๐—ฒ๐˜๐˜€ ๐—–๐—น๐—ฎ๐—ถ๐—บ๐˜€ ๐—”๐—ด๐—ฎ๐—ถ๐—ป๐˜€๐˜ ๐——๐—ฒ๐—น๐—ผ๐—ถ๐˜๐˜๐—ฒ ๐˜๐—ผ ๐—ฃ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐—ฒ๐—ฑ Deloitte Consulting must face core claims in a lawsuit accusing it of misappropriating vaccine management software. Multi-State Partnership for Prevention LLC alleges Deloitte accessed its PrepMod technology during confidential 2020 presentations to the CDC, then developed the competing VAMS system under a sole-source CDC contract worth over $80 million. On April 28, 2026, SDNY Judge P. Kevin Castel denied Deloitteโ€™s motion to dismiss the main Defend Trade Secrets Act and state law claims. Case: Multi-State Partnership for Prevention LLC v. Deloitte Consulting LLP, 1:24-cv-09013 (S.D.N.Y.) ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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๐—˜๐—ฌ.๐—ฎ๐—ถ ๐—ถ๐˜€ ๐—˜๐—ฌโ€™๐˜€ ๐—ฝ๐—น๐—ฎ๐˜๐—ณ๐—ผ๐—ฟ๐—บ ๐—ณ๐—ผ๐—ฟ ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฑ๐—ฑ๐—ถ๐—ป๐—ด ๐—”๐—œ ๐—ฎ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ณ๐˜‚๐—ป๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€. Key functionalities include: โ€ข AI integrated into EY Fabric and core solutions โ€ข Maturity assessment and value prioritization frameworks โ€ข Responsible AI governance and risk management โ€ข Agentic AI for tax, finance, risk, and operations โ€ข Physical AI capabilities including digital twins and robotics support The platform supports over 60,000 clients with practical AI applications in assurance, consulting, and transformation. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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๐— ๐—ฐ๐—ž๐—ถ๐—ป๐˜€๐—ฒ๐˜† ๐—ท๐˜‚๐˜€๐˜ ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐—๐—ผ๐—ฒ ๐—ก๐—ผ๐—ฐ๐—ฒ๐—ฟ๐—ฎ ๐—ฟ๐—ถ๐—ด๐—ต๐˜ Back in July 2025, Joe Nocera published a sharp piece in The Free Press arguing that the traditional consulting model was heading for structural trouble - The Consulting Crash Is Coming (link below). He highlighted the bloat, client fatigue with sky-high fees for increasingly generic work, and โ€” most critically โ€” ๐—ต๐—ผ๐˜„ ๐—”๐—œ ๐˜„๐—ผ๐˜‚๐—น๐—ฑ ๐—ฑ๐—ถ๐˜€๐—บ๐—ฎ๐—ป๐˜๐—น๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฐ๐—น๐—ฎ๐˜€๐˜€๐—ถ๐—ฐ ๐—ฝ๐˜†๐—ฟ๐—ฎ๐—บ๐—ถ๐—ฑ ๐˜€๐˜๐—ฎ๐—ณ๐—ณ๐—ถ๐—ป๐—ด ๐—บ๐—ผ๐—ฑ๐—ฒ๐—น ๐˜๐—ต๐—ฎ๐˜ ๐—ต๐—ฎ๐˜€ ๐˜€๐˜‚๐˜€๐˜๐—ฎ๐—ถ๐—ป๐—ฒ๐—ฑ ๐—ณ๐—ถ๐—ฟ๐—บ๐˜€ ๐—น๐—ถ๐—ธ๐—ฒ ๐— ๐—ฐ๐—ž๐—ถ๐—ป๐˜€๐—ฒ๐˜† ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ณ๐—ผ๐—ฟ ๐—ฑ๐—ฒ๐—ฐ๐—ฎ๐—ฑ๐—ฒ๐˜€. Fast forward to this month: McKinsey is fundamentally changing how it compensates partners โ€” reducing the immediate cash portion of profit distributions and shifting more into equity and deferred pay. This directly reflects the pressures Nocera described. ๐—–๐—น๐—ถ๐—ฒ๐—ป๐˜๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ป๐—ผ ๐—น๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐˜„๐—ถ๐—น๐—น๐—ถ๐—ป๐—ด ๐˜๐—ผ ๐—ฝ๐—ฎ๐˜† ๐—ฝ๐—ฟ๐—ฒ๐—บ๐—ถ๐˜‚๐—บ ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐˜๐—ถ๐—บ๐—ฒ-๐—ฎ๐—ป๐—ฑ-๐—บ๐—ฎ๐˜๐—ฒ๐—ฟ๐—ถ๐—ฎ๐—น๐˜€ ๐—ผ๐—ฟ ๐—ณ๐—ถ๐˜…๐—ฒ๐—ฑ-๐—ณ๐—ฒ๐—ฒ ๐—ฝ๐—ฟ๐—ผ๐—ท๐—ฒ๐—ฐ๐˜๐˜€ ๐—ฏ๐—ฎ๐˜€๐—ฒ๐—ฑ ๐—ผ๐—ป ๐—ฒ๐—ณ๐—ณ๐—ผ๐—ฟ๐˜. They want fees tied to measurable results. ๐—œ๐—ป ๐—ฎ๐—ป ๐—ผ๐˜‚๐˜๐—ฐ๐—ผ๐—บ๐—ฒ-๐—ฏ๐—ฎ๐˜€๐—ฒ๐—ฑ ๐˜„๐—ผ๐—ฟ๐—น๐—ฑ, ๐—ณ๐—ถ๐—ฟ๐—บ๐˜€ ๐—ฐ๐—ฎ๐—ป ๐—ป๐—ผ ๐—น๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐—ด๐˜‚๐—ฎ๐—ฟ๐—ฎ๐—ป๐˜๐—ฒ๐—ฒ ๐˜๐—ต๐—ฒ ๐˜€๐—บ๐—ผ๐—ผ๐˜๐—ต, ๐—ต๐—ถ๐—ด๐—ต-๐—บ๐—ฎ๐—ฟ๐—ด๐—ถ๐—ป ๐—ฐ๐—ฎ๐˜€๐—ต ๐—ณ๐—น๐—ผ๐˜„๐˜€ ๐—ป๐—ฒ๐—ฒ๐—ฑ๐—ฒ๐—ฑ ๐˜๐—ผ ๐˜€๐˜‚๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ ๐—ถ๐—บ๐—บ๐—ฒ๐—ฑ๐—ถ๐—ฎ๐˜๐—ฒ ๐—ฝ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ ๐—ฑ๐—ถ๐˜€๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€. Hence the need for a bigger capital cushion and more skin-in-the-game through equity. It might not be a full crash yetโ€ฆ but itโ€™s one hell of a swerve. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ก๐—ฒ๐˜„ ๐—”๐˜‚๐—ฑ๐—ถ๐˜ ๐—™๐—ฒ๐—ฒ๐˜€ ๐—Ÿ๐—ฒ๐—ฎ๐—ฑ๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ โ€“ ๐—ค๐Ÿญ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ: While client count and market cap matter, audit fees are ultimately what drive firm revenue. Hereโ€™s how the Big Four performed on new SEC audit client fees this quarter: New Audit Fees Generated (Q1 2026) KPMG US โ€” $32.42 million Deloitte โ€” $27.98 million PwC โ€” $11.88 million EY โ€” $7.34 million ๐—ง๐—ผ๐˜๐—ฎ๐—น - $๐Ÿณ๐Ÿต.๐Ÿฒ๐Ÿฎ ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป ๐—ถ๐—ป ๐—ป๐—ฒ๐˜„ ๐—ฎ๐˜‚๐—ฑ๐—ถ๐˜ ๐—ณ๐—ฒ๐—ฒ๐˜€. ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜‚๐—ฝ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐—•๐—ถ๐—ด ๐—™๐—ผ๐˜‚๐—ฟ ๐—ป๐—ฒ๐˜„๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€. Subscribe to Big Four News - bigfournews.com/subscribe #PwC #Deloitte #KPMG #EY #BigFour
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Wanna try some place new? Pearl St TapHouse close to the BigFour Bridge on Indiana sideโ€ฆ thank me later! Our first time there today and will DEFINITELY be goin back! #CornBeefSammich w/thousand island slawโ€ฆ potato soup as perfect!
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