The British legal system is on the verge of sweeping, historic changes. Parliament is expected to act soon on a reform bill, which will transform the legal profession, the legal aid system, and the organizational and financial structure of law firms in England and Wales. Because London is the...

The world's audit oligopoly is composed of four accounting firms: PricewaterhouseCoopers, KPMG, Ernst amp; Young, and Deloitte Touche Komatsu (the Big 4). These firms are in a strong position in that they audit the financial statements of nearly all the global public companies in the world and,...

The world's audit industry is concentrated in the hands of four big accounting firms: PricewaterhouseCoopers, KPMG, Ernst & Young, and Deloitte Touche Tohmatsu (the Big 4). These firms are in a strong position in that they audit the financial statements of nearly all the global public companies...

This paper describes the U.S. data collection system for trade in services, discusses improvements that have been made in it over roughly the last 15 years, and identifies some of the improvement tasks that remain. The discussion covers both data on trade in the conventional sense of exchanges...

This paper outlines BEA's program of data collection on the operations of U.S. parent companies, their foreign affiliates, and U.S. affiliates of foreign companies. It also describes a number of related activities that organize the data in ways useful for analysis, derive additional,...