MANAGEMENT CONSULTANCY Roland Berger has called off a merger with Big Four firm Deloitte just days after the news became public.
The Financial Times reports that a vote to end the merger had been carried with a majority of almost 100% and that the firm’s partners were planning to put more capital into an investment plan.
Deloitee was the only Big Four firm to hold on to its management consultancy after the other three seperated from theirs under growing regulatory pressure.
The end of the deal will be a disappointment for Deloitte which last week said that it had an “exciting ambition” to be the market leading consultancy.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com