In the list of the top 10 audit firms in the world, only two firms have the same name: Arthur Andersen and KPMG. Those firms have been in business for more than 100 years and are usually listed by their year of formation, not their brand. Both Big Four companies have recently faced challenges with audit quality and ethics. Crowe Horwath, founded in the 1960s, has over 3,000 employees, and provides a variety of services to various industries.
EY ranks third in the list of global accountancy firms. It has over 700 offices around the world and operates in more than 150 countries. In 2015, it achieved the highest revenue growth globally. It is the largest of the Big Four, but it is the smallest. In addition to offering a range of advisory services, EY recently acquired a firm called Greenwich Consulting, which added seven offices and strategic consulting experience. KPMG ranks fourth on the list, with over 650 offices worldwide and headquarters in Amsterdam, Netherlands.
In the United States, RSM is one of the largest and most profitable accounting firms. It employs nearly 32,000 professionals in 90 offices and has an annual revenue of $568 million. Its CEO, Krista McMasters, leads the firm. The firm has a long history of success, having first appeared on the list in 2012 and later focused on merger integration. In the United Kingdom, ARK LLP is a top-ten firm, consistently producing excellent goods.
KPMG was established in London in 1863 and has its headquarters there. The firm acquired Greenwich Consulting in 2006, adding seven offices and strategic consulting experience to its portfolio. With over 650 offices in more than 150 countries, KPMG is the last of the Big Four to make the list. Despite the size, KPMG is located in Amsterdam, the Netherlands. Its main offices are in New York and London.
PwC is the third-largest firm in the world. The firm has more than 7,000 employees worldwide and seven offices in the US. Its New York headquarters is under the leadership of Robert Moritz. In 2012, the company had an annual revenue of $9.550 million. The US branch of PwC is the second largest in the world, with a global presence in more than 150 countries. It also boasts a strong strategy consulting team.
The UK has the biggest market share for auditing firms. In 2008, Deloitte grew 14 per cent. Its consulting division grew by 20% and accounted for $1 billion of the company’s total revenue. But the UK has many large firms. However, most of them do not dominate the market, so they aren’t the top competitors in the country. The biggest audit firms are those that have an international footprint and are not afraid to expand.
In the U.S., Deloitte is the largest member firm of the global network of Deloitte Touche Tohmatsu Limited, which employs more than 220,000 people. In other countries, Deloitte has offices in many countries and specializes in tax and risk advisory. In the US, it is ranked number two. In the UK, it is home to Jadeja Partners, which is an accounting merger specialist.
In the UK, Ernst & Young ranks second in the world, while the other three are listed in the United States and Europe. Its global presence is a result of mergers and acquisitions between the top three firms. The firm also has several regional offices. Its global headquarters is located in London. The firm is headquartered in the United States. The list of the top 10 audit firms in the world includes the big four.
In the United States, RSM focuses on middle-market audit services. Formerly known as McGladrey LLP, it rebranded in October 2015 as RSM. With offices in over 80 cities around the country and around the world, RSM is one of the largest audit firms in the world. However, the company is expanding rapidly, and executives are faced with the challenge of balancing existing customers with new business growth.