Find Consultants & Experts for Phone Consults & Project Work
Aircraft Leasing and Financing SolutionsBig Four domination creates dearth of expert witnesses - 02 Mar 2011non-conflicted expert accounting witnesses could impact on the ability to bring litigation against the biggest firms. The Joint Disciplinary Scheme, the accountants' watchdog that has issued its last annual report after completing its caseload, warned that the "near monopoly" of Big Four audits of the FTSE 350 meant it was difficult to find expert accounting witnesses to help in tribunals. The JDS said that the problem, which also affects civil litigation cases, occurs where all four firms often provide services to a single large client. "If it is not possible to use one of the four large firms, the alternatives may be very limited," stated the JDS. "An example of the danger which the litigation system faces from this dependence on only four firms can be seen in the Equitable Life Assurance Society case, where the three large firms not involved were conflicted out of acting against Ernst & Young," said the JDS' report.
Ahua! Reaching for the skiesConcept CapitalConcept Capital Markets, LLC offers a comprehensive suite of brokerage and related services that provide traditional and alternative investment managers with solutions that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family offices, and registered investment advisers with turnkey solutions designed to free its clients to focus on their core competencies. Our offering features world-class custody and clearing options, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a range of financing options, a highly professional operations and customer support team, comprehensive portfolio reporting capabilities, and capital introduction. Concept Capital Markets, LLC is headquartered in Garden City, New York and operates offices in New York City, Greenwich, CT, Alpharetta, GA, Los Angeles, and Boca Raton, FL.