An executive admitted a client ‘was not happy’ working with CGE&Y because the client was audited by E&Y, despite the fact there was no connection between the two firms. He also conceded that shareholders had held similar concerns, due to the damaged image of the accountancy profession. A perception issue perhaps, but it hardly mattered.
Capgemini has now dropped the E&Y moniker. But the lesson should serve as a useful reminder for others. Never dismiss a problem as a perception issue.
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
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.