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bjbj This week Big4.com covers Maria Moats appointment as Chief Diversity Officer to
PwC, Ernst & Young's Oil and Gas Report, KPMG Forensic s fifth Fraud Barometer, Capgemini's
five year partnership with EnterCard, and the latest survey by Deloitte that shows Swiss
Finance Chiefs fear the euro debt crisis. Each week Big 4.com covers key news, events,
happenings, opinions and blogs relating to all the Big Four accounting and consulting
firms. You can view this video our website and on Big4's channel on Youtube. So, let
s start with this week's round-up of the top news! Maria Moats, was named PwC's Chief Diversity
Officer, last week. She succeeds Niloufar Molavi, who has been appointed as PwC's new
US Energy leader and Market Managing Partner for Greater Houston. In addition to her role
as Chief Diversity Officer, Ms. Moats will continue as the engagement leader on a New
Jersey-based retail and consumer client. Ms. Moats has more than 20 years of accounting
experience and has been a trusted adviser to many clients, including Fortune 500 companies.
Ernst & Young reported access to reserves as the biggest current risk for oil and gas
companies. Uncertain energy policy continues to pose a significant risk, ranking it in
the top three risks for the third year in a row. For the first time, the report also
looks at the top ten opportunities for the sector, with frontier acreage ranked number
one. Growing energy demand alongside a tightening of access to conventional supply and advances
in technology, are making unconventional sources more commercially viable. KPMG Forensic s
fifth Fraud Barometer shows a rise in investor and insurance fraud. Australian criminal courts
show financial institutions continue to be targeted. An important finding for organizations
is that management continue to do more damage by fraud than lower level employees. It was
reported that management stole on, on average, $3.4 million per fraud, while employees stole
on average $1.5 million. Two thirds of frauds against financial institutions inv
s
more than 1.6 million customers and 11 strategic partnerships with approximately 350 employees
in offices in Stockholm, Oslo, Trondheim and Copenhagen. The debt crisis in Europe is having
an increasingly negative effect on the mood of Swiss financial officers. Although, according
to the latest survey by Deloitte, a majority of survey respondents remain optimistic about
the economic outlook in Switzerland. Rolf Schonauer, partner at Deloitte, said it remains
to be seen how the markets will react long term. This is the eighth quarterly survey
conducted by Deloitte of chief financial officers of leading Swiss companies.This survey was
carried out from June 6 to June 27, 2011. Last week, Accenture announced the opening
of the Accenture Enterprise Social Media Innovation Center. Dedicated to the development of innovative
social media solutions, the center will help clients more effectively use social media
capabilities in the enterprise. Based in the Accenture Technology Lab in Silicon Valley,
the Accenture Enterprise Social Media Innovation Center will work with salesforce.com as well
as other providers. Along with satellite Accenture Innovation Centers, the center will also host
client workshops to help them create a value-driven vision for social media in the enterprise.
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