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Grant Thornton
Grant Thornton is the world's seventh-largest by revenue and sixth-largest by number of employees professional services network of independent accounting and consulting member firms which provide assurance, tax and advisory services to privately held businesses, public interest entities, and public sector entities. Grant Thornton International Ltd. is a not-for-profit, non-practising, international umbrella membership entity organised as a private company limited by guarantee. Grant Thornton International Ltd. is incorporated in London, England, and has no share capital. According to Grant Thornton International Ltd., member firms within the global organisation operate in over 130 countries employing over 56,000 personnel for a combined global revenue of US$6.6 billion. History 20th century The earliest origins of the name date back to 1904, when the UK firm of Thornton and Thornton was formed in Oxford. Through a series of name changes this firm merged in 1959 with an ...
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20 Fenchurch Street
20 Fenchurch Street is a commercial skyscraper in London that takes its name from its address on Fenchurch Street, in the historic City of London financial district. It has been nicknamed "The Walkie-Talkie" because of its distinctive shape, said to resemble a two-way radio handset. Construction was completed in spring 2014, and the three-floor "sky garden" was opened in January 2015. The 38-storey building is tall. Since July 2017, the building has been owned by Lee Kum Kee Groups. Designed by architect Rafael Viñoly and costing over £200 million, 20 Fenchurch Street features a highly distinctive top-heavy form which appears to burst upward and outward. The entrance floor and 34 floors of office space are topped by a large viewing deck. A bar and restaurants are included on the 35th, 36th and 37th floors; these are, with restrictions, open to the public. The tower was originally proposed at nearly tall but its design was scaled down after concerns about its visual ...
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University Of Salford
, caption = Coat of ArmsUniversity of Salford , mottoeng = "Let us seek higher things" , established = 1850 - Pendleton Mechanics Institute 1896 – Royal Technical Institute, Salford 1967 – gained university status by Royal charter , type = Public , endowment = £1.4m (2020) , city = Salford , country = England, United Kingdom , campus = Urban, Parkland , administrative_staff = 2,781 , chancellor = Lucy Meacock , vice_chancellor = Helen Marshall , students = () , undergrad = () , postgrad = () , colours = Black and Red , affiliations = University AllianceAssociation of Commonwealth Universities North West Universities Association Northern ConsortiumUniversities UK , logo = , website = The Universit ...
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KPMG
KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a network of firms in 145 countries, with over 265,000 employees and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups. Over the past decade various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. History Early years and mergers In 1818, John Moxham opened a company in Bristol. James Grace and James Grace Jr. bought John Moxham & Co. and renamed it James Grace & Son in 1857. In 1861, Henry Grace joined James Jr. and t ...
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Big Four Accounting Firms
The Big Four are the four largest professional services networks in the world, the global accounting networks Deloitte, Ernst & Young (EY), KPMG, and PricewaterhouseCoopers (PwC). The four are often grouped because they are comparable in size relative to the rest of the market, both in terms of revenue and workforce; they are considered equal in their ability to provide a wide scope of professional services to their clients; and, among those looking to start a career in professional services, particularly accounting, they are considered equally attractive networks to work in, because of the frequency with which these firms engage with ''Fortune'' 500 companies. The Big Four each offer audit, assurance, taxation, management consulting, actuarial, corporate finance, and legal services to their clients. A significant majority of the audits of public companies, as well as many audits of private companies, are conducted by these four networks. Until the late 20th century, the mark ...
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Bid Rigging
Bid rigging is a fraudulent scheme in procurement auctions resulting in non-competitive bids and can be performed by corrupt officials, by firms in an orchestrated act of collusion, or between officials and firms. This form of collusion is illegal in most countries. It is a form of price fixing and market allocation, often practiced where contracts are determined by a call for bids, for example in the case of government construction contracts. The typical objective of bid rigging is to enable the "winning" party to obtain contracts at uncompetitive prices (i.e., at higher prices if they are sellers, or lower prices if they are buyers). The other parties are compensated in various ways, for example, by cash payments, or by being designated to be the "winning" bidder on other contracts, or by an arrangement where some parts of the successful bidder's contract will be subcontracted to them. In this way, they "share the spoils" among themselves. Bid rigging almost always results in econ ...
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No-work Job
A no-show job is a paid position that ostensibly requires the holder to perform duties, but for which no work, or even attendance, is actually expected. The awarding of no-show jobs is a form of political or corporate corruption. A no-work job is a similar paid position for which no work is expected, but for which attendance at the job site is required. Upon auditing or inspection, personnel assigned to a no-work job may be falsely justified to the controllers as ​waiting for work tasks or not being needed "right now". For example: no-show or no-work jobs may be used during illegal activities for scamming a construction project to generate extra payout or to provide alibis. Organized crime and corruption ''The New York Times'' has written: "The no-show job has long played a central role in the annals of crime and corruption in New York, offering an efficient way for crooked politicians, union officials, mobsters and all manner of miscreants to funnel kickbacks and bribes to fri ...
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Corruption And Crime Commission
The Corruption and Crime Commission is an independent anti-corruption agency established on 1 January 2004 to improve the integrity of the Western Australian public sector and investigate allegations of misconduct against public officers. It took over from the Anti-Corruption Commission and has jurisdiction over all State Government departments, instrumentalities and boards as well as universities and local governments. This includes more than 148,000 employees in 278 public authorities. Under theCorruption and Crime Commission Act 2003 the Commission has three main functions: # Prevention and Education function. Involves assisting public sector agencies to prevent, identify and deal with misconduct. This is done by running educational forums and training on managing misconduct, assessing the misconduct risks of various agencies and helping agencies to better manage their misconduct risks. For example, 72 corruption prevention and education presentations and forums were deliver ...
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Western Australia
Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to the south, the Northern Territory to the north-east, and South Australia to the south-east. Western Australia is Australia's largest state, with a total land area of . It is the second-largest country subdivision in the world, surpassed only by Russia's Sakha Republic. the state has 2.76 million inhabitants  percent of the national total. The vast majority (92 percent) live in the south-west corner; 79 percent of the population lives in the Perth area, leaving the remainder of the state sparsely populated. The first Europeans to visit Western Australia belonged to the Dutch Dirk Hartog expedition, who visited the Western Australian coast in 1616. The first permanent European colony of Western Australia occurred following the ...
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Financial Conduct Authority
The Financial Conduct Authority (FCA) is a financial regulation, financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.Archived here.
Like its predecessor the Financial Services Authority, FSA, the FCA is structured as a company limited by guarantee. The FCA works alongside the Prudential Regulation Authority (United Kingdom), Prudential Regulation Authority and the Financial Policy Committee to set regulatory requirements f ...
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BrightHouse (retailer)
Caversham Finance Limited, trading as BrightHouse, was the largest rent-to-own company in the United Kingdom, with 240 stores. It was a national chain that provided home electronics, domestic appliances, household furniture and related products on a hire purchase arrangement. Cash loans were offered towards the end of the company's life cycle. Caversham Finance Limited was owned by private equity firm Apollo Management. In October 2017, the company was ordered by the financial regulator, the Financial Conduct Authority, to pay 249,000 customers £14.8m due to the firm not compensating customers who had cancelled agreements after one down payment and to those who signed up to "unaffordable" lending agreements. The FCA said the retailer has not been a "responsible lender" and had treated customers unfairly. On 30 March 2020, Grant Thornton were appointed as administrators. BrightHouse collapsed as "the company had been struggling after an influx of compensation claims for selli ...
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Court Of Appeal (England And Wales)
The Court of Appeal (formally "His Majesty's Court of Appeal in England", commonly cited as "CA", "EWCA" or "CoA") is the highest court within the Senior Courts of England and Wales, and second in the legal system of England and Wales only to the Supreme Court of the United Kingdom. The Court of Appeal was created in 1875, and today comprises 39 Lord Justices of Appeal and Lady Justices of Appeal. The court has two divisions, Criminal and Civil, led by the Lord Chief Justice and the Master of the Rolls and Records of the Chancery of England respectively. Criminal appeals are heard in the Criminal Division, and civil appeals in the Civil Division. The Criminal Division hears appeals from the Crown Court, while the Civil Division hears appeals from the County Court, High Court of Justice and Family Court. Permission to appeal is normally required from either the lower court or the Court of Appeal itself; and with permission, further appeal may lie to the Supreme Court. The C ...
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Frasers Group
Frasers Group plc (formerly known as Sports Direct International plc) is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser. The company is best known for trading predominantly under the Sports Direct brand which operates both physical outlets and online. Other retailers owned by the company include Jack Wills, GAME, Flannels, USC, Lillywhites and Evans Cycles. The company owns numerous intellectual property, including the brands Everlast, Lonsdale, Slazenger and No Fear. The group also expanded into operating fitness clubs, launching the Everlast Fitness Club chain in 2020. Established in 1982 by Mike Ashley, the company is the United Kingdom's largest sports-goods retailer and operates roughly 670 stores worldwide. The company's business model is one that operates under low margins. Mike Ashley has continued to hold a majority stake in the business, and his holding has been 61.7 percent since O ...
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