Listed below are some of the largest accounting firms in the world. PricewaterhouseCoopers, KPMG, Grant Thornton and Ernst & Young make up the list. If you’re looking for a specific firm, consider searching online to find out more about their services. This article will discuss the top accounting firms in the world and what they offer. Then, you can compare their services with other firms’ to determine which one suits your needs the best.
PricewaterhouseCoopers
The latest annual ranking of the largest accounting firms is out, and PricewaterhouseCoopers International has taken the top spot. The list was compiled using data from over ten thousand accounting surveys. The firm has maintained its position at the top for many years. The Big Four accounting firms continue to dominate the rankings, despite their different size and scope of services. For example, all four are primarily involved in auditing and assurance, which together account for more than a third of their total revenue.
The Big Four accounting firms provide auditing, tax, consulting, valuation, legal advisory, and market research services. They are considered the largest firms in the world because they serve a variety of industries. In the U.S., they perform approximately 80 percent of public company audits. The Big Four firms collectively produce about $100 billion in revenue per year. They work with large private and public companies, non-profit groups, and high-net-worth individuals.
In 2008, PricewaterhouseCoopers merged with Coopers & Lybrand. PricewaterhouseCoopers has over 750 offices in 150 countries. Its headquarters is in the United Kingdom, and its history dates back to 1849. Since its founding, the firm has undergone numerous mergers. In addition, PricewaterhouseCoopers also acquired PwC Consulting, which specializes in cloud computing and financial management.
As part of its cost-cutting initiative, PricewaterhouseCoopers closed its China operation. In turn, Ernst & Young became the only Big Four member firm with two U.S. member firms. On October 30, 2015, Mitchell & Titus, LLP ended its membership in the EY network. A merger of PricewaterhouseCoopers and Coopers & Lybrand is on the list of the biggest accounting firms.
Deloitte is a brand of the accounting firm, and has offices in 150 countries. The firm was founded in 1845 by William Deloitte. A merger in 1998 combined Price Waterhouse and Coopers & Lybrand to form Deloitte. The firm still has more than 600 offices around the world, and it employs 295,000 professionals in 157 countries.
KPMG
If you are wondering how to make a living as an accountant, KPMG has been in business for more than a century. The firm is located in more than 120 countries worldwide, making it one of the most diverse employers. The firm’s growth has been consistent year over year, with annual revenue increases of 8% to 15%. In 2015, KPMG was ranked the top accounting firm in the United States by Fortune Magazine.
If you’re wondering why KPMG is on the list of the largest accounting firms, look no further than the Enron scandal. In 2002, Arthur Andersen was the fourth largest accounting firm, but that didn’t stop it from becoming one of the world’s biggest firms. Its revenue was $21.4 billion for the fiscal year ended September 30, 2017, and it is projected to grow to nearly $110 billion by 2020.
The first three accounting firms are global giants. While the Big Four account for nearly 71% of the global revenue, they’re far from alone. The next 96 accounting firms employ over 100 thousand people, and together, they account for $25.6 billion. Only 50 of these firms made the list. This makes KPMG one of the fastest growing firms. The firm’s growth is especially impressive considering its size and scale.
When it comes to training, KPMG excels. Their Academy trainee community allows you to get the most out of the learning experience. This company offers many graduate programmes in accounting, auditing, and tax. They also have a network of professional training firms, allowing graduates to build their resumes and improve their chances for success. When it comes to recruitment, KPMG is a good choice.
In terms of revenue, Deloitte is the largest accounting firm with $46.2 billion in the last fiscal year. This year, it passed PwC, which is second on the list of the biggest accounting firms. The third place goes to EY. And KPMG is the last firm, with $24.4 billion in revenue. But the rankings of the Big Four accounting firms change annually, so be sure to check these out before hiring an accountant.
Grant Thornton
Founded in 1924, Grant Thornton is a leading accounting firm with offices in the U.S. and Canada. With a global presence, the firm employs over 43,000 people and has over 800 offices in more than 120 countries. While the firm is not the most prestigious in the world, it does have some impressive numbers. It has a yearly revenue of 1.95 billion USD and focuses on a variety of industries including life sciences, manufacturing, private equity, and real estate.
Grant Thornton LLP fosters a culture of innovation, collaboration, and curiosity among its employees. This culture has made the firm one of the world’s biggest accounting firms, repeating its fourth-place position in the Vault’s list of the biggest accounting firms in North America. The firm has continued to grow and is now worth $8.6 billion, up nearly 20 percent from last year.
One of the biggest U.S. accounting firms, Grant Thornton offers a wide variety of career opportunities and benefits. The firm provides internships for college students and offers valuable training to full-time employees. Its “Xchange” program allows employees to rotate through various practice areas and meet with senior staff. Its open-door policy and diversity committee encourage diversity among staff members. Its global presence is evident in its commitment to environmental sustainability.
Another accounting giant is PricewaterhouseCoopers. This multinational network has offices in 167 countries and employs 91,000 people. The firm is the fifth largest accounting network in the world. The seventh-largest accounting firm is CliftonLarsonAllen. It was founded in 2012 after the merger of Clifton Gunderson and LarsonAllen. Its chief executive is Danny Schleper. The firm provides tax, advisory, and accounting services worldwide.
Another large firm is Dixon Hughes Goodman, based in Charlotte, North Carolina. It has 32 offices throughout the southern and mid-Atlantic states. With more than 2,000 employees, Dixon Hughes Goodman is one of the largest accounting firms in the southern region. It also has one of the largest growth rates among U.S. accounting firms and boasts over $4 billion in annual revenue. This impressive company is a top choice for anyone needing a high-quality accounting firm.
Ernst & Young
If you want to know why Ernst & Young is on the list of top accounting firms, you need to know how it got its name. In 1989, the firm merged with Arthur Young & Co and became Ernst & Young. Today, the company has over 300,000 employees worldwide, 700 offices, and is among the world’s top 10 most valuable employers. With a reputation for excellence and innovation, EY is well-placed to help your company.
PricewaterhouseCoopers is another name that evokes the words best and famous. Its network of firms in 157 countries employs over 208,000 people, serving 90 percent of FT Global 500 companies. It also specializes in consumer products, media, technology, oil and power and utilities, and cleantech. This company offers comprehensive consulting services for clients in all aspects of business, including financial services, human resources, and deals.
KPMG is another of the top accounting firms in the US. It has three main service lines: assurance, audit, and tax. This global accounting firm is the fourth largest by revenue in the US. It employs more than 32,000 professionals and is part of the KPMG International Cooperative. Ernst & Young is another Big Four firm. With headquarters in London, it’s the 29th best company to work for in the U.S. and the 11th largest private organization in the world. The firm was formed in 1989 by the merger of Arthur Young & Co.
PwC is the third largest accounting firm in the world, with over 284,000 employees globally. Twenty-five percent of its employees are located in the US, while the remaining workforce works in Asia and Western Europe. The firm has $43 billion in revenue. Its chairman is Robert Moritz, and some of its biggest clients include United Technologies. The other big four accounting firms include KPMG and Deloitte.
Pricewaterhouse Coopers is the second largest accounting firm in the world. It serves more than 100,000 private companies and 86% of Fortune Global 500 companies. With offices in 150 countries, PwC has become a major player in the industry. Its headquarters are in the United Kingdom and its worldwide network of offices employs more than 250,000 professionals. With these numbers, it’s no surprise that PwC is in the top five.