Synopsys Appoints Former Deloitte Executive Peter Shimer to Board of Directors and Announces Board Transitions [Accessibility Statement] Skip NavigationSUNNYVALE, Calif., Feb. 19, 2026 /PRNewswire/ -- [Synopsys], Inc. (NASDAQ: SNPS) today announced the appointment of Peter A. Shimer to its board of directors. Shimer brings four decades of experience at international public accounting firm Deloitte where he held numerous executive roles, including serving as its interim chief executive officer (CEO). During ...

There’s little doubt that artificial intelligence will transform the workforce—but the jury is still out on what that transformation will look like in the near term. While some companies have used AI as justification for sweeping job cuts, Walmart is betting on its existing workforce. The retail giant has just announced that its 1.6 million workforce will be provided free AI training. Both frontline and corporate staff in the U.S. and Canada will have access to an eight-hour course on the fundamentals ...

BofA offers art consulting to wealthy clients as collectors increase loans demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Staff members handle an art piece by Pablo Picasso, displayed for auction at Sotheby's exhibition "Origins ll" in Riyadh, Saudi Arabia, January 25, 2026. REUTERS/Hamad I Mohammed NO... [Purchase Licensing Rights, opens new tab] Read moreNEW YORK, Feb 18 (Reuters) - Bank of America is launching an art con ...

Andrew Wishart, from Berenberg, said: “Parts of the inflation basket most sensitive to labour costs remain a little too high for comfort. As a result, March may prove too soon for the next rate reduction.”Despite market expectations of a rate cut in March rising, several economists have said the Bank of England will hold off on lowering borrowing costs until April.The FTSE 100 rose 1.1pc to 10,671.72, powered higher by gains in mining stocks.London-listed stocks have continued to climb higher, as slowing in ...

the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 180 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's approximately 470,000 people worldwide connect for impact at [www.deloitte.com].Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. D ...

Core Insights - The City of Atlanta is modernizing its constituent services by expanding its partnership with Oracle and Deloitte, selecting Oracle Permitting and Licensing (OPAL) to enhance city planning, zoning, permitting, code enforcement, and inspections [1] - This initiative aims to streamline citizen services, reduce processing times, and support economic growth in Atlanta, which is projected to see a 30% population increase by 2050 [1] - The implementation of Oracle Fusion Cloud Applications has already led to increased productivity, cost reductions, and improved financial controls, with expected savings of $17.5 million over a 10-year period [1] Group 1: Project Overview - The City of Atlanta is adopting a unified IT approach by consolidating permitting within existing cloud infrastructure, which will minimize disparate systems and reduce maintenance overhead [1] - The project aims to enhance transparency and tracking for staff, businesses, and residents, automate reviews and workflows, and minimize approval bottlenecks [1] - Mayor Andre Dickens emphasized the project's importance in delivering affordable housing and creating inclusive neighborhoods [1] Group 2: Technology and Partnerships - Oracle Fusion Cloud Applications, including ERP, EPM, and HCM, are being utilized to improve financial reporting, planning, and HR processes, providing a comprehensive suite of AI-powered applications [1] - Deloitte has been a trusted advisor to the City of Atlanta for nearly nine years, leading the implementation of the current ATLcloud ERP solution, which positions them well for the new permitting system [1] - The collaboration between Deloitte and Oracle aims to leverage government and AI expertise to create a community-centric, data-driven approach for operational excellence [1]

Group 1 - The company expects revenue of approximately $5.1 billion in 2026, representing a year-over-year growth of about 6%, with a strong performance anticipated in Q4 2025, particularly in the Pearson VUE segment showing mid-single-digit growth [1] Group 2 - The company is accelerating the integration of AI and digital technologies, planning to expand its digital product line and penetrate emerging markets, while establishing strategic partnerships with tech companies like Salesforce and Deloitte to drive transformation [2] Group 3 - The international higher education market remains challenging, with immigration policies potentially impacting the demand for English language testing, and federal hiring and spending headwinds posing pressure on the PDRI business, which may lead to fluctuations in future performance [3]

Core Insights - The focus of sustainability efforts by European enterprises is shifting from regulatory compliance to achieving measurable financial and operational outcomes [1] - European firms are aligning their strategies with the renewable energy transition to manage energy exposure, support decarbonization, and capture new growth opportunities [1] Group 1: Sustainability Practices - Enterprises are investing in integrated environmental, social, and governance (ESG) data architectures that connect sustainability information across various functions such as finance, procurement, HR, and operations [1] - Organizations are seeking solutions for supply chain and product-level transparency to gain deeper insights into carbon emissions and workforce practices [1] - Digital sustainability solutions are being adopted as the region's energy mix shifts toward renewables and emissions decline [1] Group 2: Market Trends and Provider Insights - The digital sustainability market in Europe is maturing, with providers focusing on clear, outcome-driven use cases [1] - Enterprises are looking for providers that can deliver concrete environmental, social, and economic outcomes through transparent, data-driven models [1] - The report evaluates 70 unique providers across three quadrants, naming leaders such as Accenture, Capgemini, and IBM in multiple categories [1] Group 3: Technology and Data Integration - By integrating sustainability data with real-time decision-support tools, organizations are gaining visibility into industrial processes, which supports cost control and reduces environmental impact [1] - Providers are facilitating this shift with data-driven blueprints and operating models that clarify roles and responsibilities across various functions [1] - The deployment of GenAI is noted for producing qualitative narratives for corporate sustainability reporting [1]

Core Insights - Accenture plc is a global professional services company providing strategy, consulting, digital, technology, and operations services, operating in over 120 countries and competing with firms like IBM, Deloitte, and Capgemini [1] Stock Performance - Accenture's stock recently closed at $236.76, reflecting a 1.6% decline from the previous close, underperforming compared to the broader market where the S&P 500 rose by 0.47% [3] - The company's shares have decreased by 14.27% prior to the recent session, indicating underperformance against the Computer and Technology sector and the S&P 500 [3] Insider Transactions - Sweet Julie Spellman, Accenture's CEO, sold 217 shares of Class A ordinary shares at $236.11 each, leaving her with 21,095 shares [2][6] Upcoming Earnings Report - The upcoming earnings report is expected to show earnings per share (EPS) of $2.87, a 1.77% increase from the same quarter last year, with projected revenue of $17.74 billion, a 6.51% rise compared to the previous year [4] - For the full year, earnings are anticipated to be $13.87 per share with total revenue expected to reach $73 billion [4] Financial Metrics - Accenture has a price-to-earnings (P/E) ratio of approximately 19.60 and a price-to-sales ratio of about 2.11, indicating its valuation metrics [5] - The enterprise value to sales ratio is around 2.09, and the enterprise value to operating cash flow ratio is approximately 12.21, with an earnings yield of about 5.10% [5] - The debt-to-equity ratio is approximately 0.27, suggesting moderate debt levels, while the current ratio of about 1.41 indicates the company can cover its short-term liabilities with short-term assets [5]

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. The idea of internal audit as the “gotcha” or “no” function is a dated one: in today’s era, where finance broadly is beginning to take on more of a strategic role, “there should be open dialogue,” between internal audit, the CFO and other key functions, Mike Schor, US internal audit market offering leader at Deloitte said. “There should be coordination as well.” “Of cour ...