Ernst & Young is the world’s second largest global audit and business advisory firm providing services in assurance, corporate finance and tax, including audit, valuations, online security, business risk services and e-business acceleration.
Ernst & Young South Africa has an autonomous ... More Details »
PricewaterhouseCoopers (www. pwc. com) provides industry-focused assurance, tax and advisory services for public and private clients. More than 122 000 people in 144 countries connect their thinking, experience and solutions to build public trust and enhance value for clients and their stakeholders. ... More Details »
This describes a smoothed bonus/guaranteed portfolio that allocates the entire bonus every year. Once bonuses are allocated, they can contractually never be taken back, even in a significant market downturn.