Word: marwick
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...families more than the Senate version's 4.3 cents increase in the gasoline tax. To see the impact each bill would have on different taxpayers next year, when fully phased in, Time asked the accounting firm Coopers & Lybrand to calculate the income-tax consequences, and the firm KPMG Peat Marwick to gauge the energy-tax fallout...
...press bombarded the White House with charges of cronyism and hubris. The release of the audit of the office by the accounting firm Peat Marwick documenting serious abuses and the FBI'S decision to move forward with a criminal investigation did not reduce the reporters' outrage. Nor did the White House's move to sever its tie with World Wide and contract temporarily with American Express...
CREDIT: [TMFONT 1 d #666666 d {Source: KPMG Peat Marwick}]CAPTION: BUYING ABROAD
...including Crum & Forster. In response, accounting firms are abandoning the riskiest clients, most notably financial-services companies. Goldstein Golub Kessler, a midsize New York City firm with more than 1,500 clients, says it will no longer perform audit work for banks, credit unions or insurance concerns. KPMG Peat Marwick, the fourth largest accounting firm, is also turning away high-risk cases, says Michael Conway, the partner in charge of professional practices. "We're being very selective about which clients we accept...
...Wall Street during the past two years, more than 60,000 jobs have been lost as merger mania ended and the bull market stalled. Largely as a result, big accounting and law firms that served the merger makers have slashed their partnership rolls. Last month the accounting firm Peat Marwick abruptly dismissed 300 of its 1,875 partners, protecting profits by chopping highly compensated senior talent...