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The Latest Breaking News from PwC

‘A tax on being thin’: only high earners make overall savings on food bills from weight-loss drugs

Users need discretionary income of nearly £100,000 a year to make savings on their grocery spend after paying £1,200 for GLP-1s, analysis finds

The Guardian - UK

Five key takeaways from parliamentary hearings into client leaks at KPMG

Partners say they ‘don’t recall’ leaked papers and are accused by lawyers of being misleading as more whistleblowers come forward

The Guardian - AU

Big Four accounting firm ends intern Disney trip to cut costs

The company had taken the trip 15 times in the past 20 years

The Independent UK

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PwC CEO Paul Griggs' Career Advice: 'What You Put In Is What You Get Out'

PwC CEO Paul Griggs advises young professionals to strategically advance their careers in an AI-driven market. Explore the balance between initiative, growth, and work-life harmony as AI reshapes work.

International Business Times UK

PwC left red-faced after being caught using AI hallucinations and fake citations in multiple reports

GPTZero AI and plagiarism detection and tool finds AI hallucinations and other issues in several reports published PwC.

TechRadar

A shocking 92 percent of US adults are not going to the doctor because it’s too expensive

The decision to delay medical care involves multiple factors, including gender - women are more likely to put off care than men

The Independent UK

PwC U.S. CEO advises young workers to say yes a lot, even if it means working on the weekends—‘That person climbs into the next role’

PwC U.S. CEO Paul Griggs advises that “putting in time when people are not looking” is one of the best ways to climb the corporate totem pole.

Fortune

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Oregon Sheriffs Reportedly Misused Public Funds For PWCs, ATVs, Boats, Parties, And More

Two Oregon sheriffs are under investigation after reportedly misusing funds for powersports machines and parties.

RideApart

CBIZ Sold for $5 Billion: Grant Thornton mega deal creates fifth-largest US accounting services firm

Grant Thornton Advisors is acquiring CBIZ for five billion dollars. This significant transaction will create the nation's fifth-largest professional services provider. The deal offers CBIZ shareholders a substantial premium of seventeen point eight percent. Grant Thornton's expanded operations will span over twenty countries and territories. The combined entity expects to…

The Economic Times

Six in ten Indian companies believe AI to play a significant role: PWC

Indian manufacturers anticipate artificial intelligence significantly aiding strategic goals within five years. This optimism surpasses global counterparts regarding productivity and long-term growth potential. Automation adoption is led by data capture and analytics, followed by quality assurance. However, India lags in developing homegrown manufacturing capabilities and faces an MSME technology gap.…

The Economic Times

How big four fallout is driving talent to smaller firms and the public service

Big four consultants are going elsewhere.

The Canberra Times

Digital trend drives Thailand's entertainment growth

Thailand's entertainment and media sector is projected to generate roughly 550 billion baht in revenue this year, representing growth of 1.8%, driven by digital media segments such as internet advertising, video games and over-the-top (OTT) video services.

Bangkok Post

Australia to tighten scrutiny of Big Four Deloitte, EY, PwC, KPMG after wave of scandals

Australia will enhance its oversight of major accounting firms following recent governance issues. The government has directed the Australian Securities and Investments Commission to improve sector regulation. This move aims to boost accountability and transparency within the audit industry. Several Big Four firms have faced scandals and investigations in recent…

The Economic Times

‘A new consumer’: how weight-loss drugs are shaking up clothes shopping

As they slim down, UK and US users of GLP-1 jabs and pills are changing their spending habits – and their wardrobes

The Guardian - UK

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The Times of India

No, I am in Dublin: PwC worker works from India remotely; lies when confronted, accuses boss of bullying

Jasch Asher, a PwC worker who started working for the firm's Dublin office in 2022, secretly left the country in 2024 without informing his employers and continued working remotely until Asher was called to the office for a performance improvement plan meeting. The meeting was scheduled in November 2024 and…

International Business Times UK

AI Is Wiping Out Entry-Level Jobs; The WEF Says That's a Bigger Problem Than It Looks

AI is reducing graduate hiring, leaving companies at risk of losing the future leaders and specialists they need, WEF and PwC say.

The Guardian - UK

Anthony Kasozi obituary

Other lives: Leadership coach who worked for PwC and Ashridge before setting up his own consultancy

Fortune

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

Zillennials dodged two recessions and learned two technological languages. Now they're out-earning everyone.

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news in one place.

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The Conversation

‘Not fair and honest’: KPMG and other audit firms finally face a reckoning – and a potential break-up

The “big four” audit and consulting firms face a likely crackdown that could even lead to the firms being broken up, following a string of ethical failures.

The Canberra Times

Big four breakup: Govt considers move to split consulting and audit arms

Treasury outlines radical audit split options for big four.

RideApart

If You've Never Tried A Sea-Doo Before, Add It To Your Vacation List

Sea-Doo's PWCs are a blast and a half, once you know (and respect) how to control them. Here's how I went from zero experience to blastoff.

AAP

Under-fire firm still has ethics, leadership contracts

Having been hauled over the coals by a parliamentary committee, KPMG is again facing scrutiny regarding its suitability to run government training programs.

The Independent UK

Didn’t it just end? Target already launching its back-to-school deals as chain looks to lure shoppers

Target’s back-to-school deals kicked off Wednesday, with some of the biggest launches rolling out in staggered waves

The Economic Times

India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC report

India’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, growing institutional pools and expanding digital financial infrastructure, according to a PwC report.

International Business Times

Global M&A Deal Value Set For Strongest Year Since 2021 As AI Drives Megadeals

Despite geopolitical tensions and economic uncertainty, large corporate takeovers continued to gather pace across the technology sector, according to a new report.

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