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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.
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]
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.
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 ...
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 ...
Sew Hoy & Sons Ltd was placed into receivership, and the receivers later discovered that the auditors Coopers and Lybrand had missed that the stock had been overvalued in its reports. As result, the receivers argued that the auditors not detecting this, prevented the company from taking considering options such as taking "mitigating steps", or ...
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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.