Count Down by Jim Peterson
Enron killed Arthur Andersen in 2002, leaving only Deloitte, EY, KPMG and PwC. Now the Big Four, with a total revenue of $127 billion, face major threats that need immediate attention. Count Down looks at todays model and proposes a new Big Audit, fit to serve the capital markets of the 21st century.
Peterson, a lawyer who specializes in complex multi-national disputes, litigation, and financial information, examines the value and viability of the business, regulatory, and legal model, Big Audit, by which audit services are delivered to the Big Four accounting firms: Deloitte, EY (Ernst & Young), KPMG, and PwC (PricewaterhouseCoopers)He describes how Big Audit became outmoded, why the proposed fixes are unachievable, and how assurance of real value might be designed and delivered instead. He reviews events leading up to the problem and examines the proposed solutions, the attitudes and behaviors of the major players in Big Audit, and possible elements of a re-engineered approach to financial reporting and assurance, a newly structured Big Audit model. This edition has been expanded and revised. -- Annotation ©2017 * (protoview.com) *
For many decades, Jim has been involved in making major investment decisions for both large financial institutions and individual investors. Jim began his professional career by serving for eight years as an investment analyst and portfolio manager at a major money management institution. There he did primary research, made recommendations, and advised the portfolio managers on their stock equity holdings. He was a founder and general partner of Peterson Properties of Atlanta, Georgia, which developed, leased, and managed in excess of four million square feet of commercial buildings. Peterson Properties was sold to an NYSE listed company in 1996 for in excess of $146 million. Jim served as a managing director of CarrAmerica (CRE), an NYSE-listed real estate investment trust. There he was responsible for its Florida operations, including the purchase of in excess of $300 million in investment properties. CRE was sold to The Blackstone Group for $5.6 billion in 2006. Jim also served as a director, CEO, and chief investment officer (CIO) of Investment Life of America (ILA), where he was the managing director of an investment income portfolio with a value of in excess of $100 million. Jim has a Bachelor of Science degree in business administration from the University of North Carolina at Chapel Hill and an MBA from the University of Texas at Austin. He holds a real estate license and a general contractor's license in the state of Florida. Jim has studied options trading for a number of years and has been engaged in actual trading. He is not teaching and writing from a theoretical point of view. He is an actual trader who teaches from a trader's perspective.
| SKU | Unavailable |
| ISBN 13 | 9781787147010 |
| ISBN 10 | 1787147010 |
| Title | Count Down |
| Author | Jim Peterson |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Emerald Publishing Limited |
| Year published | 2017-07-03 |
| Number of pages | 352 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |