View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
November 29, 2009

News Briefs

FIRM MOVEMENTS
Morison adds Saudi
firm

Saudi Arabian accounting firm MAG CPA
has been admitted to Morison International.

The firm is based in Al-Khobar and
will provide Morison International with representation in the east
of the country.

Morison International’s existing
member firm Abdul Jabbar Certified Accountants & Consultants is
based in Jeddah and provides coverage in the country’s west.

MAG CPA operates in Arabic, Hindi and
English, providing audit, accountancy, tax compliance and planning,
business consultancy and due diligence services.

The firm’s managing partner is
Mohammed Saad Al-Ghowainim, who has 27 years of experience in the
profession.

Content from our partners
Best practice considerations for firms putting their audit out to tender
Sterling Technology's VDR supported Nestlé with “the largest audit tender in living memory”
MPR & T Finance Joins BOKS International in Romania

MERGERS AND ACQUISITIONS
PwC expands
consulting business

PricewaterhouseCoopers (PwC) UK has
acquired consulting business Paragon Consulting Group (PCG).

Corporate performance management
business PCG has about 90 staff that will work with PwC consulting
teams in the UK, Turkey and Singapore, as well as its joint venture
in Dubai.

More than 40 PCG staff have joined
PwC’s UK firm.

PwC head of consulting Ashley Unwin
described the acquisition as an “excellent” strategic fit.

“We already offer our clients
corporate performance management capabilities, but this acquisition
means that we can enhance our offering, giving clients
full-service, from ideas to implementation, of corporate
performance management systems,” Unwin said.

PwC’s consulting business reported
revenues of £201 million ($333 million) in 2008 and employs more
than 1,100 people.

FIRM MOVEMENTS
Eastern Caribbean firm joins BDO

BDO has appointed a new member firm in
the Eastern Caribbean.

Comprising of a partnership between
firms on the islands St Lucia and St Vincent, the firm’s legal name
will be BDO Eastern Caribbean.

The firm has 34 total staff including
partners and reports annual fee income of €855,000 ($1.27million).
It offers audit, assurance, tax and business advisory services.

Floyd Paterson from St Vincent and
Brenda Williams from St Lucia will be the joint managing partners
of the new firm.

Both are experienced in the audit and
accountancy fields and have lived in the Caribbean for a number of
years.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to International Accounting Bulletin