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The Latest Breaking News from EY

KPMG says the CPA qualification's '150-hour rule' needs to go

Educators often claim that accounting firms don’t pay enough to attract talent lured by lucrative salaries in other areas of business.

Inflation may be about to hit a three-year low. Does that mean the cost-of-living crisis is over?

Inflation may be about to hit a three-year low. Does that mean the cost-of-living crisis is over?

Not really, because CPI is just one factor. A better measure of how we’re faring is household disposable income

The Guardian - AU

UK economic growth forecasts downgraded for next two years – economists

UK economic growth forecasts downgraded for next two years – economists

EY Item Club’s latest quarterly economic forecast points towards 0.9% growth in 2024.

Evening Standard

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Deloitte cuts 250 UK jobs amid slowdown for consulting giants

A person familiar with the matter said the cuts are part of a ‘performance management’ process at the company.

Evening Standard

EY fired dozens of staff members who attended 2 video training meetings simultaneously

EY has already been forced to pay dearly for employees who abuse internal training and testing systems.

Here’s what it would take for Europe to successfully compete with the U.S. and China, according to EY

Europe can shape its future with confidence—but only if it focuses on competitiveness.

John Swinney to attend investment summit with aim of boosting renewables

FIRST Minister John Swinney will attend a major international investment summit in London on Monday.

The National (Scotland)

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Your 'Local Everything': What 7-Eleven Buyout Battle Means For Japan

Your 'Local Everything': What 7-Eleven Buyout Battle Means For Japan

In Japan more is at stake than money in the mammoth takeover battle for 7-Eleven, the world's biggest convenience chain, by Canadian retail giant Alimentation Couche-Tard.

International Business Times

Hafta letters: EY employee’s death, toxic work culture, journalism

Hafta letters: EY employee’s death, toxic work culture, journalism

Hello Abhinandan,I have been a big supporter of you and Newslaundry for the past two or three years. I especially love the collaboration with The News Minute and I am excitedly looking forward to the collaboration with East Mojo. I also have feedback. It may sting personally, but I hope…

3 Cloud Computing Stocks You Can’t Afford to Miss

3 Cloud Computing Stocks You Can’t Afford to Miss

Amid the widespread digital transformation, cloud computing stands out as an attractive market because of its flexibility, cost optimization, and enhanced data security. Therefore, you can’t afford to miss investing in three key cloud computing stocks: Alphabet (GOOGL), International Business Machines (IBM), and Workday (WDAY). Keep reading.

Accounting Firm Where Woman Died from 'Overwork' Has Operated for Decades Without a Cap on Work Hours

Accounting Firm Where Woman Died from 'Overwork' Has Operated for Decades Without a Cap on Work Hours

26-year-old Anna Sebastian Perayil's death triggered a federal government investigation into employee welfare at Ernst & Young.

Financial controllers are the CFO's right hand—and 86% say their role will change dramatically

Financial controllers are the CFO's right hand—and 86% say their role will change dramatically

The finance organization will undergo a substantial shift in the next five years.

African football executive accused of ‘whitewashing’ report into his conduct

African football executive accused of ‘whitewashing’ report into his conduct

Caf’s general secretary, Véron Mosengo-Omba, has been accused of ‘whitewashing’ an investigation into allegations of serious misconduct against him

The Guardian - UK

More than 2,000 jobs axed as UK prison builder ISG collapses

More than 2,000 jobs axed as UK prison builder ISG collapses

Administrators EY confirm construction company, involved in 69 live government projects, has ceased trading

The Guardian - UK

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International Business Times UK

26-Year-Old Joins EY Pune, Dies From Stress Just Four Months Later: 'Manager Assigned Tasks At Night With Deadlines The Next Morning'

Anna Sebastian Perayil, a 26-year-old CA, tragically passed away after working at EY Pune for four months, allegedly due to excessive workload and work stress.

Young woman dies four months into new job. Her mother blames company for 'glorifying overwork'

Her mother hopes her daughter's death serves as a wake-up call.

EV price parity with gas vehicles may be closer than we think

Progress toward price parity between electric vehicles and traditional gas vehicles has been immense in the past few years.

Fewer Americans Want EVs, But Not For The Reasons You Think

EV demand is down from last year, but more Americans want hybrids.

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PwC is ‘tipping the balance’ of hybrid working and will start tracking their workers’ locations

PwC has demanded staff spend less time working from home—and it’s going to start tracking their location to ensure they comply.

How EY uses AI and coaching to hire and support neurodivergent workers

The consulting giant offers communication support and coaches for neurodivergent staffers.

The Canberra Times

Report into cost-increase and delays suffers its own cost increase, delays

The EY review into a blighted IT project is still months away.

Top CHROs say people leaders need to take control of AI instead of going on 'autopilot'

Starbucks and EY executives agree leaders should be proactive in combating bias and knowledge gap.

The Guardian - UK

PwC expecting six-month China ban over Evergrande audit

Company tells clients it also expects to receive a large fine following property developer’s collapse

Will the next wave of unicorns come from within corporations instead of startups?

New research explores corporate venture building.

The Guardian - AU

Government guarantees Rex regional flight bookings during airline’s administration

Transport minister says Rex customers now have certainty ‘they will either fly or get their money back’

People

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Cherelle Murphy

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