Blog

Why is Accenture not big 4?

Why is Accenture not big 4?

But you’re entirely right in that Accenture isn’t considered a part of the Big Four accounting firms precisely because its skillset is advisory rather than accounting. Accenture used to be a part of the “Big 5” with Andersen, but they had to re-brand because of the Enron scandal. They no longer do accounting.

Is Accenture bigger than big 4?

What makes a big 4 a big 4? It used to be the big 5 accounting firms (ey, dt, kpmg, pwc + Arthur Andersen) before AA collapsed with Enron. Today, even though Accenture technically is not part of the big 4, it’s generally considered to be on par when it comes to consulting/advisory.

How common is nepotism in family firms?

Extant literature shows that nepotism is quite prevalent in family firms, where members of the owning family are treated favorably relative to non-family members when exposed to hiring, performance appraisal or promotion decisions ( Cruz et al., 2011, Gersick et al., 1997, Jaskiewicz et al., 2013 ).

READ ALSO:   Are Asus laptops a good buy?

How do companies deal with nepotism in the workplace?

In response, some larger companies have instituted “anti-nepotism” policies, which prevent relatives (by blood or marriage) from working in the same department or firm. But in many smaller, family-owned businesses, nepotism is viewed in more positive terms.

What is anti-nepotism and what are some examples?

Anti-nepotism can flow the other way too. An organization cannot discriminate or exclude individuals on the basis of family status. Examples of this are in caregiving, where caregivers have been denied grants or funding solely because they were related to the elderly or disabled.

Is nepotism in the workplace illegal in Ontario?

No, nepotism in the workplace is not illegal in Ontario. However, the Ontario Human Rights Code ‘prohibits discrimination on the basis of family status’. Nepotism in the workplace can be challenged if it ‘deprives individuals of a significant right or benefit’.