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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 ...
The Big Four — EY, Deloitte, KPMG, and PwC — are the world's largest accounting and consulting firms. They pull in billions annually but have faced a slowdown in demand for their services.
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.
Four years later, Ernst & Young became the only member of the Big Four to have two member firms in the United States, with the inclusion of Mitchell & Titus, LLP in 2006, the largest minority-owned accounting firm in the United States. [20] [21] Mitchell & Titus ended its membership in the EY network effective October 30, 2015. [22]
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.
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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