Today five firms divide the world accounting market between them.
So what can investors expect this year in the world of accounting?
On one side, we have a domestic energy supply that is in demand around the world, accounting for current and future jobs.
Cameco Corporation, based in Saskatoon, Canada, is one of the largest uranium producers in the world, accounting for 16% of global production, according to its website.
In Britain, a series of business scandals in the 1980s, most notoriously Polly Peck, a conglomerate which manipulated its foreign-exchange earnings, convinced the corporate world that accounting rules had to get better.
The world's accounting profession is in the midst of a massive effort to harmonise accounting standards.
The Association to Advance Collegiate Schools of Business, a 97-year-old nonprofit body that issues a seal of approval to business and accounting programs world-wide, says it needs the flexibility to support a growing group of programs from around the world.
India currently ranks fifth in the world in CO2 emissions, accounting for 4.7% of the total.
With just four big accounting firms remaining, and none of the next tier big enough to take up the slack, the corporate world cannot easily handle another accounting-firm failure.
While international companies were willing to submit to expensive and strict U.S. regulations in the late 1990s as a way of participating in what was considered the biggest and best market in the world, a string of accounting and trading scandals have called into question the efficacy of the American rules.
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Imagine a world where they could actually read and write and do basic math for accounting -- that is how the world will change.
U.S. travelers are the world's biggest spenders, accounting for some 13 percent of the trillion dollars international tourists spend every year.
Further, why, out of all the accounting firms in the world, did the pension choose an accountant that was not independent?
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PricewaterhouseCoopers LLP is, for 2012, again the largest accounting firm in the world, according to Big4.com, after losing the crown temporarily to Deloitte in 2010.
Britain's corporate taxes are in fact not all that high, according to a study by the World Bank and PricewaterhouseCoopers, an accounting firm, which looks at the percentage of earnings that companies pay overall (including labour taxes).
London is the top city in the world for foreign investment, according to accounting firm KPMG.
Neo says it's now the only fish exporter in the world to also sell pet supplies, accounting for 39% of its revenue last year.
But he points out that America's global alliance system of more than 60 countries, accounting for 80% of world military spending, remains formidably strong.
At present, the American industry still dwarfs all others, accounting for over half of the world's mutual-fund assets.
The pact must be ratified by 55 countries accounting for 55 percent of the world's greenhouse gas emissions in 1990.
By 1998, 117 of the count by then of 193 countries were broadly democratic, accounting for 54% of the world's population.
The International Financial Reporting Standard Foundation (formerly the International Accounting Standards Committee Foundation) is the governing body of the International Accounting Standards Board that sets accounting standards for much of the world.
China is the world's largest producer of farmed fish, accounting for 70 percent of the total produced, he said.
India is the world's largest tea producer, with Assam accounting for about 55% of its 856m kilogram production last year.
China produced 18, 560, 000 tonnes of garlic in 2010, accounting for about 80% of the world's output, according to the United Nations' Food and Agriculture Organisation.
She left her senior position with a major technology vendor in 2005 and set out to build a global investment accounting system that would look at the world in a position centric, multi-jurisdictional way.
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Mindy regularly speaks about corporate and investor sustainability issues to high-level leaders at the New York Stock Exchange, United Nations, World Economic Forum, Clinton Global Initiative, American Accounting Association, American Bar Association and more than 100 Fortune 500 firms.
Tim Urquhart of IHS Global Insight, a research firm, reckons that purely battery-powered cars will command only about 0.6% of world sales in 2020, with plug-in hybrids accounting for a further 0.7%.
The charges come at an embarrassing time, just as the world is trying to tighten the rules after a spate of accounting irregularities committed by large private corporations.
Accounting hang-ups in a critical part of the world proved troublesome for the heavy equipment maker.
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