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The majority of US firms in this year’s survey posted their worst declines in revenue in the 2000s as the financial crisis swept through the market. Fee pressure and job cuts were common but there are some positive signs of recovery
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Globalisation is driving some accountancy groups to reconsider their global structural model. Experts from networks and associations debate the pros and cons of their structural strategies and vicarious liability
Fee pressure and a lack of transactions has had a negative impact on global accounting networks and associations. A tough year is marked by revenue drops, tough competition and the threat of litigation
IAB looks at some of the major accounting events of the past 12 months. This includes significant legal cases against auditors and firm movements across China and other important markets
As the downturn causes companies to collapse, audit firms are being dragged into litigation. BDO International chief executive Jeremy Newman explains how legal disputes affect firms and staff morale.
The global financial crisis has delivered both opportunities and challenges to firms. As Deloitte continues to expand its consulting practice, IAB gets an in-depth view from Deloitte CEO Jim Quigley