AccountancyAge.com has covered the proposed PricewaterhouseCoopers split in detail. An analysis and links to relevant articles and comments can be found on the home page.
Given that at least three of PwC’s Big Five rivals appear to be moving in the same direction, accountants in business are asking whether this is the end of the one-stop shop.
Many will now be speculating on what the spun-off consultancies will do and how the rump audit organisations will act.
Will this mean another spate of mergers and reorganisations that could not only change the shape of the profession, but change the way that businesses use the services of accountancy firms?
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Meanwhile, any company directors should this week be focusing their thoughts on the Data Protection Act which comes into force on Wednesday.
Directors whose companies seriously breach the act face the possibility of a jail sentence. A special feature looking at this issue will appear on AccountancyAge.com tomorrow.
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