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In 1973, the three member firms in the UK, US and Canada changed their names to Coopers & Lybrand. [12] Then in 1980, Coopers & Lybrand expanded its expertise in insolvency substantially by acquiring Cork Gully, a leading firm in that field in the UK. [13] In 1990, in certain countries, including the UK, Coopers & Lybrand merged with Deloitte ...
Peter Redmond Scanlon (February 13, 1931 – December 3, 2009) was the chairman and chief executive officer of Coopers & Lybrand, one of the Big Eight auditors, from 1982 to 1991. [1] At a time when other accounting firms were merging, Scanlon kept Coopers & Lybrand independent and grew it through expansion rather than mergers. [1]
In 1957, Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada), and Lybrand, Ross Brothers & Montgomery (US) merged to form Coopers & Lybrand. For the rest of the century Coopers & Lybrand was known as one of the "Big Eight". [7] On 1 July 1998 the worldwide merger of Price Waterhouse and Coopers & Lybrand created the current ...
The Big Eight consisted of Arthur Andersen, Arthur Young, Coopers & Lybrand, Deloitte Haskins and Sells, Ernst & Whinney, Peat Marwick Mitchell, Price Waterhouse, and Touche Ross. The Big Eight gradually reduced due to mergers between these firms, as well as the 2002 collapse of Arthur Andersen , leaving four networks dominating the market at ...
In 1980 Sir Kenneth Cork's successor as senior partner, Michael Jordan, led the firm into a merger with Coopers & Lybrand, [6] which continued to use the name. The Cork Gully brand was eventually discontinued in 1999 after Coopers and Lybrand itself merged with Price Waterhouse to form PwC. [7] [8]
Henry Alexander Benson, Baron Benson GBE (2 August 1909 – 5 March 1995) was a British accountant best known as a partner of Coopers & Lybrand, an advisor to the Bank of England, his work organising the accountancy profession as president of Institute of Chartered Accountants in England & Wales and for the part he played in various Royal Commissions.
Jenkins joined Cooper Brothers in 1960, qualifying as a chartered accountant in 1963 gaining the 3rd Certificate of Merit. He was a partner in Coopers and Lybrand (C&L) (later PWC) from 1969 to 1994 and became a pioneer in computer auditing both in his firm and the accounting profession generally.
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