Grant Thornton chief executive Ed Nusbaum says his firm may bid on parts of
the failed BearingPoint consulting business if they came up for sale.
BearingPoint, which was spun out of KPMG following the collapse of Enron in
2001, filed for Chapter 11 bankruptcy protection last week. The publicly-listed
firm has struck a restructuring agreement with senior secured lenders.
Nusbaum has indicated the world’s sixth-largest accounting firm are
interested in BearingPoint’s government consulting and general consulting
business units, but not the firm’s information technology system implementation
business, according to Reuters.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season