Friday, September 9, 2022

Accounting firms react to passing of Queen Elizabeth II Queen Elizabeth II, Britain’s longest-reigning monarch, passed away at the age of 96 on Thursday after 70 years on the throne. President Joe Biden, the 13th and final U.S. president to meet her ordered all flags at U.S. federal and military facilities to fly at half staff “as a mark of respect,” declaring “In a world of constant change, she was a steadying presence and a source of comfort and pride for generations of Britons, including many who have never known their country without her." Her Majesty is succeeded by her eldest son and heir, the Prince of Wales, a longtime proponent of the accounting profession's role in sustainability reporting through the group he founded in 2004, Accounting for Sustainability (A4S), who becomes King Charles III. PwC UK posted a statement on its homepage: "Partners and staff at PwC UK are united in sadness following the death of Her Majesty The Queen. She provided the country with stability and continuity through many turbulent times, for which we are profoundly grateful. Our thoughts are with all those affected." Similar sentiments were expressed by other firms, including EY, Evelyn Partners, and Deloitte, which posted a simple image of the crown on its homepage and Twitter feed followed by the words, "EIIR, 1926-2022."

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