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Deloitte Touche Tohmatsu Limited (/ d ə ˈ l ɔɪ t ˈ t uː ʃ t oʊ ˈ m ɑː t s uː / də-LOYT TOOSH toh-MAHT-soo), commonly referred to as Deloitte, is a multinational professional services network based in London, England.
At the Ontario Superior Court of Justice, Deloitte was held to have been negligent, and Gans J awarded damages totalling $84,750,000 to Livent.In so doing, he observed that the standard of care is based on the profession's generally accepted auditing standards, and that the current state of Canadian jurisprudence concerning an auditor's duty can be expressed as follows: [8]
None of the "firms" within the Big Four is actually a single firm; rather, they are professional services networks.Each is a network of firms, owned and managed independently, which have entered into agreements with the other member firms in the network to share a common name, brand, intellectual property, and quality standards.
While the term "white-shoe" historically applied only to those law firms populated by WASPs, usage of the term has since been expanded to other top-rated prestigious firms. Many of these firms were founded as a direct result of the exclusionary tendencies of the original white-shoe firms, which provided limited opportunities for Jewish and ...
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An accounting network or accounting association is a professional services network whose principal purpose is to provide members resources to assist the clients around the world and hence reduce the uncertainty by bringing together a greater number of resources to work on a problem.
Deloitte & Touche United States: Inflating promotional allowances Parmalat: 2003 [71] [72] Grant Thornton SpA Italy: Falsified accounting documents, Calisto Tanzi: HealthSouth Corporation: 2003 [73] Ernst & Young United States: Richard M. Scrushy: Nortel: 2003 [74] Deloitte & Touche Canada: Distributed ill-advised corporate bonuses to top 43 ...
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