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California is a state located on the West Coast of the United States. It is home to the nation's second and sixth-largest census statistical areas (Los Angeles Metropolitan Area and San Francisco Bay Area), and eight of the nation's fifty most populated cities (Los Angeles, San Diego, San Jose, San Francisco, Fresno, Sacramento, Long Beach, and Oakland). California's diverse geography ranges from the Pacific Coast in the west, to the Sierra Nevada mountains in the east – from the Redwood–Douglas-fir forests of the northwest, to the Mojave Desert areas in the southeast. state, and the third most extensive (after Alaska and Texas).A sampling, just in the last year: To re-cap – in September 2006 the consulting firm London Economics reported to the EU markets commissioner, using a model that tested the threat to the viability of a large UK accounting firm – based on the finite tolerance of individual partners for personal financial sacrifice, before a critical number would withdraw their capital and throw a firm into a death spiral.Assumptions and scenarios in the model included the impact of a crisis environment on reputation, revenue and profitability, and hypothetical take-home reductions for the partners of from fifteen to twenty percent and extending over three to four years.Two bangs, actually: on January 17, Rolls-Royce admitted to a twenty-year history of corporate bribery on a global scale, for which the first level of its penalties includes guilty pleas, deferred prosecution of multiple felony charges, and fines of £ 671 million to authorities in the UK, the US and Brazil; and on January 24, the trebling to £ 530 million of the previously announced cost of irregularities in a business at BT Group’s Global Services in Italy that last year had less than £ 100 million in earnings -- knocked 19% or £ 6 billion off BT’s shares in a single day.Shareholder plaintiffs are off to the courthouses, and once again the cry is heard, “Where were the auditors?And on that lesson is where real concern should rest.

The amount was undisclosed and still confidential – within the firm’s capacity but surely large enough to be painful both fiscally and organizationally.

With exposures in the US both the largest and the most likely, among the world’s large economies, single-country calculations are needed – where under the London model, break-up numbers for the America-only firms shrink from about three billion down to a truly frightening figure below one billion dollars.

Relevant factors[1] include: The loss of another Big Four firm would throw the entire Big Audit model into chaos, for want of replacement choices and the unwillingness of the three survivors to stay in an unbearably risky business.

" • "Stan's Old Owner"Season Two: "Too Short" • "Good Girl Gone Bad" • "Howloween" • "Stan Makes His Mark" • "Tyler Gets a Grillfriend" • "Don't Karl Us, We'll Karl You" • "Twas the Fight Before Christmas" • "Lost In Stanslation" • "Avery B.

Jealous" • "Love Ty-Angle" • "Stan Runs Away" • "I Want My Nikki Back, Nikki Back, Nikki Back" • "Avery-body Dance Now" • "The Green-Eyed Monster" • "Who's Training Who?

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That is because as in 2002 with Andersen – whose profitability and global cohesion exceeded any of its peers, yet fell apart in a matter of weeks – the destabilizing forces of a multi-billion dollar imposition surpass the ability of these networks of individual partnerships to maintain their global integrity and mutuality of support.