Four accounting firms Metamorphoses: With the audit market matures, accounting firms transition to consulting firms!\u0026 ldquo; four \u0026 rdquo; Air Jordan 12 accounting firms are expanding almost every year has not any news. However, after a decade \u0026 ldquo; four \u0026 rdquo; the direction of development depends greatly on the direction of the current business growth, and this is the regulatory and legislative bodies Nike Shoes Global are worried. September 19, Deloitte Touche Tohmatsu (Deloitte Touche Tohmatsu) first issued a fiscal 2012 earnings report, saying income increased 8.6% to $ 31.3 billion. International accounting firm Ernst \u0026 Young (Ernst \u0026 amp; Young), PricewaterhouseCoopers (PwC) and KPMG (KPMG) will then release their earnings reports. (As a non-listed companies, the four accounting firms choose Women Air Jordan 3 not to publish profit report) for \u0026 ldquo; four \u0026 rdquo; Asia is a Jinshan. Nike Air Max 2013 V Men Deloitte's revenue in Asia with an increase of 16.3% in dollar terms, the growth rate leads all other regions. Although Western firms have long been China's not-so-credible audit concerns. US and Chinese regulators Nike Shoes have been on US accounting inspectors to check whether Deloitte Shanghai Branch of business and debating. The two sides recently declared: US regulators can enter Deloitte Shanghai Branch, observe their business processes, but not exercising their own inspection measures. But even more important is that, in recent years \u0026 ldquo; four \u0026 rdquo; consulting business growth has been far more than the audit. FY12 revenue, Deloitte consulting, and financial advisory business from increased respectively by 13.5% and 15%; in contrast, increased by only 6.1 percent audit and tax and legal services increased by only 3.9% (see Table below). Deloitte New Nike Air Max 2015 Men CEO Barry \u0026 bull; Saar Cibo Ge (Barry Salzbery) said that given the audit market has reached a saturation point, he expected the consulting business will continue to grow in double-digit growth. Deloitte Consulting employee enrollment rate is twice the audit staff as much business. (Until the end of May this Women Kevin Durant KD 7 year, Nike Air Max 2013 V Women the number of employees on its payroll has reached 19.3 million) if the consulting and financial advisory business continues to grow at a rate of 2012, then the 2017 Deloitte consulting business will exceed the size of the audit business. Some lawmakers are already consulting and tax advisory business may conflicting with engagement, conflict and worry. \u0026 Ldquo; four \u0026 rdquo; consulting and tax advisory business in a big way for the company to profit, and audit business needs them cautious, as an outsider to the audit report, to serve investors rather than the company's management. US Securities and Exchange Commission (America \u0026 rsquo; s Securities and Exchange Commission), a former chief accountant Ryan \u0026 bull; Turner (Lynn Turner) will audit the company called \u0026 ldquo; the utility company \u0026 rdquo ;, but he worried that their own position is not the case. '2012 Sarbanes \u0026 bull; Oxley Act' (In 2002 the Sarbanes-Oxley act) on the kind of non-audit services to audit clients US accounting firms can provide to make a limit. But it did not, as many people believe, the bill does not ban all non-audit services category. Nike Air Max 90 BR Women Bear Stearns (Bear Stearns) before being JP Morgan Chase (JPMorgan) acquired a complete release of the final proxy statement, indicating that 2006 is not only paid to the Deloitte audit fees of $ Nike Air Max Thea Print Men 20.8 million, and also paid $ 6.3 million to other services costs. Since Bear Stearns shareholders and customers that the secret operations of audit firms, whether fair or not this argument, which is one reason they sued Deloitte and liquidation of bankrupt Bear Stearns. (The year in June JP Morgan and Deloitte and settled out of court appeal shareholders, Deloitte paid $ 20 million, has denied any irregularities.) Brussels European Commission recently proposed to take stringent regulatory measures on this issue. A draft proposal to establish guidance only accounting firm engaged in auditing business in the EU. But the European Parliament Legal Affairs Committee does not agree. Given the slow and complex EU legislative mechanisms, the final results are unpredictable. When asked if people think that is a Deloitte audit business advisory firm incidental rather than the audit firm with consulting business, how they will deal with it, Ci Boge, President Sal replied: \u0026 ldquo; whether in business or consulting In the audit, we will not sacrifice their ethics. \u0026 Rdquo; \u0026 ldquo; four \u0026 rdquo; future business model may depend on whether European and US lawmakers believe they can do it. By The Economist Via i horse Translation: Bad Doll