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The firms which came to be known as the "Big Eight" originated in various UK and US audit firms established in the 19th or early 20th centuries and later merged. The firms' initial international expansion was driven by the needs of British and American based multinationals for worldwide service. They expanded by forming local partnerships, or ...
BDO USA, P.C. is the US member firm of BDO International, the 5th largest global accounting network with over $12.8 billion in revenue. It is the 6th largest accounting and professional services firm in the United States by revenue. [3] In 2023, BDO USA, P.C. became the first large national accounting firm to convert from a traditional limited ...
This list comprises the largest companies currently in the United States by revenue as of 2024, according to the Fortune 500 tally of companies and Forbes. The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies. There are also corporations having foundation in the United States, such as ...
Additionally, the larger the firm, the more likely it will be invited to render auditing engagements. A large organized network allows for spreading the costs to price competitively. Ultimately, size is the only real means of differentiation that is readily available on accounting firms to assure clients that they can do international work. [6]
RSM US also maintains offices in India and El Salvador. RSM US is the United States member firm of RSM International, the 6th largest accounting network in the world with $8 billion in revenue, 51,000 professionals in 123 countries.
In June 2014, Grant Thornton announced J. Michael McGuire as the firm's chief executive officer. [8] In August 2019, Brad Preber assumed CEO duties of the firm. As of 2019, Grant Thornton was the sixth largest accounting firm in the United States [3] and had 59 offices with more than 550 partners and 7,000 employees. Its revenue for fiscal year ...