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京东“辞退”服务费3500万元普华永道,聘请德勤!

JD.com "dismissal" service fee of 35 million yuan PwC, hire Deloitte!

IPO头条 ·  Jun 23, 2019 18:53

Source: from JD.com, Certified Public accountant, Jimin Financial Exchange, Logistics Information, through four, reprint please indicate the source!

JD.com "dismissed" PricewaterhouseCoopers to hire Deloitte

In the latest news, JD.com officially announced that from June 22nd, 2019, the company hired Deloitte as the company's independent certified public accounting firm, and PricewaterhouseCoopers was replaced. The change of the company's independent certified public accounting firm was approved by the audit committee of the board of directors.

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JD.com said that PricewaterhouseCoopers had been an independent certified public accounting firm of JD.com since 2010, and that PricewaterhouseCoopers' report on the consolidated financial statements of the Company did not contain any negative or negative opinions, nor did it limit or modify uncertainty, audit scope or accounting principles.

During the entire service period, JD.com and PricewaterhouseCoopers did not have any differences in accounting principles or practices, financial statement disclosure or audit scope or procedures.

According to the financial report of JD.com Group, its annual GMV in 2018 was nearly 1.7 trillion yuan, and its net income in the fourth quarter of 2018 was 134.8 billion yuan (about $19.6 billion). For five consecutive quarters, its quarterly income exceeded 100 billion yuan, and its annual net income in 2018 was 462 billion yuan (about $67.2 billion).

With the construction and opening of retail infrastructure, net service income in 2018 was 45.9 billion yuan (about $6.7 billion), an increase of 50.5% over the same period last year, accounting for about 10% of the total net income.

In the fourth quarter of 2018, the net profit of continuing operations attributable to common shareholders under non-American General Accounting Standards (Non-GAAP) was 749.9 million yuan (approximately US $109.1 million), realizing profits for 12 consecutive quarters, while net profit from continuing operations under non-US General Accounting Standards (Non-GAAP) for the whole of 2018 was 3.5 billion yuan (approximately US $500 million).

The total service fee collected by PwC from JD.com in 2018 is about 35 million yuan. PwC lost the audit order of JD.com this time, and just lost CCB's audit business of RMB 100 million due to the rotation of auditors. It is expected to put pressure on the firm's performance growth.

Let's take a look at the business income of PricewaterhouseCoopers. Without JD.com, there is still a certain impact.

Tens of millions of audit fees affect the four major revenues

On May 23, 2019, the China injection Association finally announced the information of the top 100 accounting firms with business income in 2018. The business income of PricewaterhouseCoopers Zhongtian accounting firm is 517228.23 (10,000 yuan).

1. Number of branch offices: 22

2. Number of employees: 9460

3. Number of participants: 1153

Stay number one for 16 years in a row! The second, third and fourth rankings of the Big four are always debated, but the first is always beyond doubt. Whenever I see the remaining three arguing for ranking, it may sneer in my heart!

PricewaterhouseCoopers (PricewaterhouseCoopers; for short: PwC) is one of the top accounting firms in the world. In 1998, his two predecessors, PricewaterhouseCoopers and PricewaterhouseCoopers. The firm merged in London to become PricewaterhouseCoopers.

With more than 155000 professionals in more than 860 branches and offices in 152 countries, PricewaterhouseCoopers provides a full range of business consulting services to major international, Chinese and local companies.

On December 18, 2018, the "Top 2018 Global Brands" compiled by the World Brand Laboratory was announced, and PricewaterhouseCoopers ranked 65th.

PricewaterhouseCoopers (PricewaterhouseCoopers) member institutions in mainland China, Hong Kong and Macau operate in accordance with applicable laws. Overall, there are more than 17000 employees, including more than 600 partners.

PricewaterhouseCoopers ranks first in the accounting office with an income of 5172282300 yuan in 2018, leaving behind the second place with an income of 705739900 yuan, with the largest number of employees in the world.

What is more noteworthy is that PricewaterhouseCoopers, which remains number one, has been growing over the past two years and has won a lot of big business. Of course, JD.com as one of the major clients, tens of millions of audit fees still have an impact on business, JD.com announcement did not explain the reasons for the change of auditors, but the biggest winner is Deloitte.

It is said that Deloitte received a "big order" this time, but also fell from heaven, adding a lot of luster to the performance.

1. Number of branch offices: 13

2. Number of employees: 6415

3. Number of participants: 1013

Deloitte & Touche, one of the world's big four accounting firms, is a US arm of Deloitte Touche Tohmatsu, which employs 59000 people in 126 countries. Its consulting arm, Deloitte Consulting, which employs 2900 people in the United States, is one of the largest companies in the industry and specializes in international commerce.

Deloitte earned 446654.24 yuan (10,000 yuan) in 2018 and received JD.com 's "big order" in 2019, adding a lot of revenue.

Deloitte will have both fame and fortune in 2019!

When Forbes released the list of the world's 100 most valuable brands in 2019, Deloitte accidentally surpassed Goldman Sachs Group to 54 and Goldman Sachs Group, 80, far behind.

Deloitte: 260000 employees worldwide, GMV $43.2 billion

Deloitte was founded by William Deloitte in 1845.

In 1990, Deloitte and Touche merged to create Deloitte&Touche, which changed its name to Deloitte Touche Tohmatsu in 1993.

After a series of mergers and adjustments, Deloitte still maintains the service quality in line with its name, and has become one of the most successful brands.

Deloitte Touche TohmatsuDTT was formed by the formal merger of Deloitte & Touche and Tohmatsu in 1999. today, Deloitte has a network of member offices in more than 150 countries around the world. Deloitte first entered China when the Deloitte brand set up a Shanghai office in 1917.

According to Forbes, Deloitte employs 263 people and has sales of $43.2 billion. According to its website, Deloitte has 21 offices in Chinese mainland, which are located in:

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In terms of starting salary for new students, Deloitte also adjusted the starting salary to 8500 yuan last year.

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Last year, wages rose at almost every level, with the smallest increase at 400 and the highest increase of 2200 at Senior level, which is OK according to the data.

The following is Deloitte's salary structure:

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After reading the salary structure of Deloitte, some of my friends want to go to the top four jobs.

The development path after entering the big four

In fact, there are two main career paths after entering the Big four. First of all, there are clear promotion and development opportunities within the Big four. Take a certain institute as an example, its internal career development path is as follows:

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Such "step-by-step" promotion channels make newcomers full of passion for career development. Usually, newcomers start as junior auditors and work for two years, then they can be promoted to senior auditors and lead the team in charge of specific projects; they will be promoted to the position of manager after 2-3 years; if they develop well, they can become partners in the firm in as little as 10 years.

Of course, the world is so big that many people want to go out and have a look. So they started another life.

Zhuanmei not only consulted industry insiders, but also carefully studied the career paths of the four people on Linkedin, and summarized the following ways of career development:

First, transfer from the four to PE.

Second, transfer from the four major investment banks

Third, turn to consultation from the four major organizations.

Third, directly serve as the CFO of other enterprises from the Big four.

One, four major transfer PE

PricewaterhouseCoopers (pwc) = > Warburg PricewaterhouseCoopers Capital (WARGURG PINCUS): some buddies have jumped to the world's leading Warbug Pincus (WARGURG PINCUS) through their four-year experience.

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Two and four major investment banks

Deloitte (Deloitte) = > Goldman Sachs Group (Goldman Sachs): some have also jumped to the famous Goldman Sachs Group Group (Goldman Sachs)

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The third and fourth major transfer consultation

Deloitte (Deloitte) = > Roland Berger (Roland Berger): others just jumped to Roland Berger (Roland Berger), a leading consultant.

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Fourth, Big four serve as CFO.

KPMG (KPMG) = > Microsoft Corp (Microsoft) = > Qunar CFO

If you browse LinkedIn carefully, you will find quite a lot of winners in life from the Big four directly to CFO. Marrying Bai Fumei is no longer a dream!

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2: 00 to buy insurance lessons, remember these do not go the wrong way!

Some people go smoothly in other things, but buying insurance is bumpy step by step.

Either the insurance products are not guaranteed by mistake or they are tricked into buying star products.

Either greedy for petty gain and thinking that "buy one get three free" is a direct loss caused by random surrender of insurance.

Therefore, if you do not understand insurance, you will more or less take some detours and suffer some losses on the way to buy insurance in order to sum up the lessons of blood and tears.

Pay attention to the insurance, small difference for everyone summed up a large number of wrong ideas in the process of buying insurance, you do not have insurance, early prevention, rational insurance oh!

There are materials and connotations in paying attention to the protection of desertion.

The translation is provided by third-party software.


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