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Monday, December 28, 2009

Accountancy sector improving

From the Straits Times

"THE overall economic picture for this year - hardly the disaster that many had feared - was mirrored fairly closely in the fortunes of many companies, including those in the accountancy industry. The accounting industry was no different with Big Four firm KPMG restoring pay to original levels. The cuts mainly affected those at management level. All the lost pay has been paid back to staff."

Accountancy sector improving, meaning this could be an improvement in the overall industry as companies usually need to pay accounting firms for auditing. Financial sector probably the next improving sector.

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