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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.
PricewaterhouseCoopers International Limited [4] is a 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.
EY, Deloitte, PwC, and KPMG make up the world's largest accounting and consulting firms, known as the Big Four. They're billion-dollar companies with a collective 1.5 million staff and influence ...
Professional services networks are business networks of independent firms who come together to provide professional services to clients through an organized framework. [1] They are notably found in law and accounting. Any profession that operates in one location, but has clients in multiple locations, may provide potential members for a ...
KPMG was the preferred employer among the Big Four accounting firms according to CollegeGrad.com. [47] It was also ranked No. 4 on the list of "50 Best Places to Launch a Career" in 2009 according to Bloomberg Businessweek. [48] It was reported in early 2012 that KPMG has about 11,000 staff in the UK and 9,000 in mainland China and Hong Kong.
In 2014 The Parthenon Group merged with professional services firm EY forming the new entity EY-Parthenon. [8] [9] [10] The move was viewed as part of the continued efforts by the Big Four to move up the value chain from their traditional audit services into more lucrative areas of business, as well as to provide new points of entry to clients.
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