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19 Sep 2010, 3:30 am by Michelle Claverol
In doing research, I came across an interesting article by Daniel Torpey, from Ernst Young, LLP, Dealing with a Difficult Claim: Breaking the Gridlock of the Property and Business Interruption Claims Process.I found the following tips to be insightful for any claim, large or small: Define the Problem Problems with property and business interruption claims usually fall into five categories, as follows. [read post]
15 Jun 2010, 9:14 am
p=curMemDeloitte & Touche LLP Bronze Pledging Partner 20% absolute GHG reduction over 10 yearsBaseline: June 2010 – May 2011 Optional Scope 3 items included: •Personal Vehicle Business Travel•Employee Commuting •Waste •Water Ernst & Young LLP Bronze Pledging Partner 20% absolute GHG reduction over 10 yearsBaseline: TBD Optional Scope 3 items included: •Personal Vehicle Business Travel•Waste •Water [read post]
2 Jun 2010, 8:50 am
Department of State 42 Southwest Airlines 43 PricewaterhouseCoopers, LLP 44 Ernst & Young 45 Target 46 MillerCoors 47 Kraft Foods 48 Fidelity Investments 49 UBS 50 Citi 51 Time Warner 52 Chevron Corporation 53 Diageo 54 Exxon Mobil Corporation 55 Anheuser-Busch InBev 56 FBI 57 Central Intelligence Agency 58 Harrah's Entertainment 59 Shell Oil Company 60 Marriott 61 Gap Inc. 62 Medtronic 63 Wells Fargo & Company 64 Yahoo! [read post]
21 May 2010, 1:28 pm by Kurt J. Schafers
Ernst & Young LLP, 152 F.3d 169, 171 (2nd Cir. 1998), the court noted that claims were made against the accounting firm Ernst & Young for orally approving a corporation’s false and misleading financial statements, which were subsequently disseminated to the public. [read post]
7 May 2010, 1:35 pm
Anton Valukas, the court examiner for the Lehman Brothers bankruptcy, revealed the enormous role played by the infamous Repo 105 in concealing leverage, and Ernst and Young’s negligence and complicity in this misdemeanor. [read post]
7 May 2010, 12:29 pm
Ernst & Young LLP, 152 F.3d 169, 175 (2d Cir. 1998), “a secondary actor cannot incur primary liability under [Rule 10b-5] for a statement not attributed to that actor at the time of its dissemination. [read post]
6 May 2010, 5:45 pm
Interesting to see that not all of these issues related to accounting for financial securities.We’ll of course be waiting for the report on Ernst & Young to see if the PCAOB is highlighting any accounting deficiencies relating to its audit of Lehman Brothers’ infamous Repo 105, if that were indeed in the scope of the 2009 audit. [read post]
27 Apr 2010, 8:49 am
Meantime, Ernst & Young LLP, the. health-care services provider’s accounting firm, had settled with shareholders for $109 million and will now settle with bondholders for $33.5 million. [read post]
22 Apr 2010, 1:39 pm
On the other hand, its rivals, PwC sold its consulting business to IBM, Ernst & Young sold to Capgemini and KPMG spun off BearingPoint (which then went bankrupt). [read post]
9 Apr 2010, 5:36 am by admin
The risk continues to grow that President Obama’s international tax proposals may be picked up in Congress to pay for jobs legislation or other bills, rather than being considered as part of fundamental tax reform, Ernst & Young LLP practitioners said April 8. [read post]
24 Mar 2010, 12:01 pm
With a tough regulatory and SEC climate, and long tails of prior audits always posing a liability (see Ernst and Young with Lehman), and with a slow economy providing headwinds to growth, the next five years will prove to be a worthy challenge for Veihmeyer and Keizer. [read post]
21 Mar 2010, 10:20 pm
Also, even after a whistleblower warned that accounting improprieties were occurring at at Lehman, Valukas says that Ernst & Young continued to certify Lehman’s financial statements. [read post]
21 Mar 2010, 10:20 pm
Also, even after a whistleblower warned that accounting improprieties were occurring at at Lehman, Valukas says that Ernst & Young continued to certify Lehman’s financial statements. [read post]
17 Mar 2010, 4:20 am by admin
Employers should take swift action in claiming tax incentives for hiring and retaining new workers under major new jobs legislation (H.R. 2847), Ernst & Young LLP practitioners said March 16 on the eve of expected Senate passage of the measure. [read post]
12 Mar 2010, 4:25 am by admin
In the third of a series of articles by authors from Ernst & Young LLP addressing tax issues arising in a down economy, Bob Ackerman, Dan Karen, Peyton H. [read post]
22 Feb 2010, 4:47 am by admin
Deborah Nolan, former commissioner of IRS’s Large and Mid-Size Business Division and currently with Ernst & Young LLP, tells BNA that as the distribution of world GDP and global business models change, taxpayers are facing a new environment in which both they and tax administrators are seeking efficiencies. [read post]
19 Feb 2010, 10:38 am
Daszkal, CPA, managing partner of Daszkal Bolton, LLP, a full-service firm in South Florida. [read post]
1 Feb 2010, 1:56 pm
With tech leading the charge, California had the highest level of activity among the 50 states with 18 companies in registration.According to Jackie Kelley, Ernst & Young LLP, Americas IPO Leader, “Finally, the markets are opening up to represent their historic diversity – a range of deal sizes, pre-recession averaging at about $190 million, and a variety of industries led by technology. [read post]