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Business, international

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Bean-counters unite: the mergers of Ernst & Young and KPMG to create the world's largest accountancy firm affects business everywhere, and not necessarily for the better

Article Abstract:

The merger of Ernst & Young (E&Y) and KPMG is likely to generate several problems. For example, it may difficult to get the two giants to work together considering that they had been rivals. A mega-accountancy firm's ability to remain objective rather than serve their clients' interests is also in question.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
KPMG, Ernst & Young L.L.P.

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The big five? Accounting

Article Abstract:

Coopers amd Lybrand may merge with Price Waterhouse to form a $12 billion company with 130,000 workers. The large public accounting firms appear determined to offer a wider variety of services, such as management consulting and possibly legal advice.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
Price Waterhouse and Co., Coopers & Lybrand L.L.P.

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Subjects list: Mergers, acquisitions and divestments, Accounting firms, Accounting services
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