Revenues are rising almost twice as fast for the The Big Four in the U.S. as in the rest of the world, according to a new study.
Topic: Big Four
Get the full report in an instant download. [Free to PRO members.] Driven by improving economic circumstances, the Big Four are geared for revenue growth of 5% to 8% in 2013, with particularly good performances expected in advisory, Asia and even North America.
Should the world worry about mixing audit and consulting? Amid concerns among lawmakers worldwide that the audit function was being diluted by consulting, Deloitte Touche Tohmatsu is reporting $31.3 billion in worldwide revenue for the year ended in May, an 8.6% advance for the year and the firm’s strongest increase since 2008. The revelations drew some sharp reactions. “It is hardly news that the Big Four accounting firms get bigger nearly every year,” says The Economist. “But where they are growing says a lot about how they will look like in a decade, and the prospects worry some regulators and lawmakers.”
And a Washington lobbyist. But is he exactly what E&Y needs as regulators bear down on the Big Four?
Rebound led by growth in emerging nations. The years 2009 and 2010 may have been tough years for the Big Four amid a global financial crisis. But they clearly rebounded in 2011. And, the authors of a new report say, “The outlook for 2012 and beyond is quite optimistic.”
Poll shows what it takes to land the best students. Public Accounting Report’s 30th annual poll of college accounting professors shows that if their best student had a choice, that student would choose PricewaterhouseCoopers to start their career. (To subscribe to Public Accounting Report for $476 a year, call 800-248-3248, or email email@example.com.)