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None of the "firms" within the Big Four is actually a single firm; rather, they are professional services networks.Each is a network of firms, owned and managed independently, which have entered into agreements with the other member firms in the network to share a common name, brand, intellectual property, and quality standards.
In 2019, Fortune magazine ranked Deloitte as one of the 100 Best Companies to Work For [86] and Bloomberg Business has named Deloitte as the best place to launch a career. [ 87 ] In 2019, 2020, and 2021, Gartner stated that Deloitte was the No. 1 consulting service provider worldwide by revenue.
Global revenue climbed 3.1% to $67.2 billion in the 2024 financial year, but, like EY, that performance was far lower than the 14.9% growth in 2023.
Ernst & Young Global Limited, trading as EY, [6] [7] is a multinational professional services partnership. EY is one of the largest professional services networks in the world. [8] Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms.
Accounting networks were created to meet a specific need. “The accounting profession in the U.S. was built upon a state-established monopoly for audits of financial statements.” [4] Accounting networks arose out of the necessity for public American companies to have audited financial statements for the Securities and Exchange Commission (SEC). [5]
PricewaterhouseCoopers International Limited [4] is a British multinational professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world [5] and is considered one of the Big Four accounting firms, along with Deloitte, EY, and KPMG.
Approximately 93% of the working population in the United States are employees earning a salary or wage. [1] Typically, cash compensation consists of a wage or salary, and may include commissions or bonuses. Benefits consist of retirement plans, health insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc.
BCG was founded in 1963 by Bruce D. Henderson, a former Arthur D. Little consultant and a Vanderbilt University and Harvard Business School alumnus. [15] Starting out with only two consultants, the firm quickly grew. As of 2021, it employs 25,000 people in over 90 offices in more than 50 countries.