Printable Edition Click Here  :  Subscribe   :   Page  4  : News   :  October 2008    Go to page:  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16           Previous Page      Next Page

Accenture reports rising profits and record bookings     Accenture has reported a rise in quarterly profit and forecasts further growth in the year ahead. The company reported strong financial results for the fourth quarter and record results for the full 2008 fiscal year, ended 31 August, 2008, including its highest-ever annual revenues and bookings.           For the fourth quarter, net revenues were $6bn, compared with $5.11bn for the same period in 2007. Diluted earnings per share for the quarter were $0.67, compared with $0.50 last year, an increase of 35%.       Consulting net revenues were $3.61bn,     record. This reflects an 8% foreign-currency lift from the new bookings reported in the fourth quarter last year. Consulting new bookings were $3.63bn, making up nearly half (47%) of the total.       For the full fiscal year, Accenture’s net revenues hit a record $23.39bn, compared with     $19.7bn for fiscal 2007. New bookings for the full fiscal year were a record $26.79bn, representing an increase of 22% in US dollars and 15% in local currency over fiscal 2007. And the future looks good too. The company forecasts net revenue growth in the next fiscal year of 9% to 12%.     an increase of 19% in US dollars and 11% in local currency over the fourth quarter of fiscal 2007.       New bookings rose to $7.67bn, a quarterly

PwC awards funds to local charities     This year PricewaterhouseCoopers UK’s Volunteering Excellence Awards distributed over £35,000 to 10 charities and voluntary organisations, recognising their work, and the extraordinary commitment of the firm’s employees who volunteered with them.       The funds are the latest in an 11-year programme which has seen £311,000 distributed via PwC employee volunteers who share their skills and expertise with community programmes throughout the UK.       The organisations –     based in the Midlands, North of England, Scotland, Northern Ireland, London and the South East – work across the arts, animal welfare, first aid, education, sport, and children’s outreach.       PwC employees provide a variety of voluntary support ranging from management and fund raising, to painting, driving and team leading. The average length of voluntary service of the winning employees was four years, with some over 10 years. Four £5,000 awards and six £2,500 awards will be put     live and work in. These awards demonstrate the extraordinary dedication and commitment of our people, and the important work these organisations do at a local level.”       Applications to the awards scheme came from all over PwC UK operations. Nearly £45,000 of funds were distributed through the firm’s standard award scheme that recognises short-term voluntary commitments. Of those, 30 were nominated for Volunteering Excellence Awards, which demonstrate extraordinary     contributions from volunteers through one or more of the following areas: sustained involvement, leadership, innovative use of skills and community impact.       PwC was recently awarded the CommunityMark in recognition of the firm’s pioneering commitment to and activities in communities throughout the UK. In addition, the firm’s community partners recognised PricewaterhouseCoopers as being best in class in community programmes.     towards a range of schemes and initiatives including replacing play equipment, funding a children’s experience visit to the US, refurbishment funds and educational programmes.       PwC chairman Ian Powell commented: “We’re delighted to honour these exceptional people who have volunteered over 4,000 hours of their time bringing vital skills, expertise, resources and pure energy to charities and community organisations in the communities we

Consulting Times | Page 4 Previous Page     Next Page