Big4.com Releases News Video on Key Developments of the Big Four Accounting Firms

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Weekly news video covers news, developments and management changes relating to the world’s largest accounting firms: Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC.

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Each week Big4.com covers key news, events, happenings, opinions and blogs relating to all the Big Four accounting and consulting firms. The video can be viewed on the Big4.com website and on Big4.com's channel on Youtube.

Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC announced today the release of its weekly news video.

Each week Big4.com covers key news, events, happenings, opinions and blogs relating to all the Big Four accounting and consulting firms. The video can be viewed on the Big4.com website and on Big4.com's channel on Youtube.

This week Big4.com covers the following developments:

Accenture’s Fourth Consecutive Year for FORTUNE’S “100 Best Companies to Work For” List
Ernst & Young’s Sponsorship Deal With AACTA Supports The Arts In Australia
Grant Thornton’s Canadian Manufacturers Investing In Future
PwC’s Deal Risks Higher In Growth Markets
Deloitte Estimates Facebook is Worth £12.7 Billion to European Union
PwC’s greater influence exerted on US Entertainment and Media M&A activity

PwC: greater influence exerted on US Entertainment and Media M&A activity

According to PwC US, strong valuations for content owners and recent changes in online gaming regulations combined with tremendous corporate cash reserves and uncommitted private equity (PE) investment capital mean that new and non-traditional market entrants seeking to establish a foothold in the U.S. entertainment and media market will trigger merger and acquisition activity.

Future E&M M&A activity and industry considerations include the fact that E&M companies have historically and will continue to evaluate strategic changes to their portfolios as the industry continues to evolve.

Deloitte Estimates Facebook is Worth £12.7 Billion to European Union

According to a recent study from Deloitte, Facebook provides more than £12.7 billion to the economy of the European Union. Deloitte’s estimate factors in increased sales, jobs and value added to the brands of businesses across the continent.

After examining Facebook’s impact on the EU economy, analysts have found that most of the benefits are the result of increased business participation, improved efficiency and increased technology sales. This indicates that GDP of the EU will continue to increase if more businesses use Facebook as a platform to increase sales and efficiency.

PwC: Deal Risks Higher In Growth Markets

According to a new global report by PwC entitled, “Getting on the Right Side of the Delta: A Deal-maker’s Guide to Growth Economies, advantages to pursuing deals in growth markets include low cost manufacturing, access to natural resources, market access for basic global products, buyers with access to core operations, innovation capabilities and capital.

However, while growth markets continue to present optimal opportunities, surveyed dealmakers acknowledged that deals in these markets are inherently more risky with a bigger range of potential deal outcomes due to specific nuances and regulatory demands from region to region

Grant Thornton: Canadian Manufacturers Investing In Future

The 2012 Business Outlook: Investing in the future manufacturing survey conducted by Grant Thornton LLP and Canadian PLANT magazine, attracted 367 responses and demonstrated that business confidence in the manufacturing and distribution sector is strong.

While respondents are naturally concerned about economic conditions, 83% are confident about their 2012 forecasts, 58% expect orders to increase and 59% are looking at sales dollar values rising next year. In addition, 31% anticipate higher prices and 41% are banking on higher profits. However, confidence in the three-year forecast fell 37 points.

Ernst & Young: Sponsorship Deal With AACTA Supports The Arts In Australia

In keeping with its commitment to supporting the Arts in Australia, Ernst & Young has signed a three year sponsorship deal with the newly formed Australian Academy of Cinema and Television Arts.

The agreement will see Ernst & Young become a major sponsor of the annual Samsung AACTA Awards, as well as carry out the role of independent observer for all of the important voting procedures. The Awards will promote Australia’s greatest achievements in film and television, bringing Australia’s screen awards in line with a prestigious international awards season that includes the BAFTAs, the Golden Globes and the Academy Awards.

Accenture: Fourth Consecutive Year for FORTUNE’S “100 Best Companies to Work For” List

Citing Accenture’s $600 million investment in training and development and the fact that five of the company’s top 23 officers are women, FORTUNE magazine’s 2012 “100 Best Companies to Work For” list includes Accenture for the fourth consecutive year. The company ranked No. 92, up from No. 99 in 2011.

Training & Development was one of the areas noted. Accenture provides training throughout each employee’s career –onsite, online, in teams and via mobile learning – and employees can choose courses tailored to their individual skills, experience and areas of interest.

About Big4.com
Big4.com is the accounting, tax, consulting and IT professions’ premier resource, and has been exclusively focused on Big Four firm professionals and alumni for 10 years, providing high quality content, connectivity and commerce. The Big Four Job Board offers fresh job opportunities – clients include the world’s leading companies. Big Four News covers key news, developments, events, survey results, press releases and appointments. The Big Four Blog provides opinion and insight on recent and key developments, news, happenings, management changes, regulations, acquisitions and capital market activities. Big4 Video is a professionally produced news covering key global developments in this space.

Big4.com has a strong presence on key social media platforms:

Youtube: Big4Video is a professionally produced weekly news magazine.
Twitter: twitter.com/big4 has 8,500 followers.
LinkedIn: The Big Four Alumni and Professionals group is the largest corporate and alumni group with 85,000+ members. http://www.linkedin.com/groups?about=&gid=1022
Facebook: The Big4 fan page has 5,500 fans at facebook.com/big4page.
Xing: The Big Four Alumni and Professionals group has 1,150+ members at xing.com/net/big4alumni.

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Kristy Short
Big4.com
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