Big Four hit by 14% fall in FTSE 100 audit client fees

Article Abstract:

The Big Four audit firms viewed a significant fall of 14 percent in its non-audit income earned from their FTSE 100 audit clients with 57% earnings in the year 2004 as compared to 65% in the year 2003. The decision by most of the firms to separate or sell their consultancies is one of the reasons behind the failure.

Forecasts, trends, outlooks, Sales & consumption, Forecasts and trends, Market trend/market analysis, Professional fees, Industry sales and revenue

Does practice make perfect?

Article Abstract:

An account should weigh many factors before purchasing a partnership. Working hours and financial responsibilities should be carefully considered. Also, the prospective member should evaluate the firm's list of clients.

Evaluation, Membership, Partnership, Partnerships

Big Four suffer 16% fall in FTSE 100 fees

Article Abstract:

The United Kingdom's Big Four accounting firms posted a decline of 16% in FTSE 100 fees in 2003. Fees fell to 714 million pounds from 848 million pounds for the year.

Financial management, Accounting Methods, Finance, Accounting, Company financing