Most influential accounting firms in the world

In addition to long working hours, ruthless competition among graduates and well-paying employees are common characteristics of accounting firms around the world. It's likely that you didn't know that these powerful accounting firms are a lot more than you ever imagined.


We have presented their unheard history, unique characteristics that separate them from other firms, the latest revenue figures, quotes from top finance professionals, and more information you probably didn't know about.


Deloitte

London's Basinghall Street became the home of Deloitte's London office in 1845. In the case of the Great Western Railway, Deloitte was the first independent auditor appointed to a public company. New York-based Haskins & Sells was formed in 1896 by Charles Waldo Haskins and Elijah Watt Sells. On 1 March 1933, Colonel Arthur Hazelton Carter helped convince Congress that public companies should be subject to independent audits. It was described as the "first major auditing firm in the country to be established by an American, rather than by British accountants." Touche Ross in the USA eventually merged with Deloitte Haskins & Sells to form Deloitte & Touche.


Deloitte Touche Tohmatsu Limited (Deloitte Global) announced that Punit Renjen has been selected as its new chief executive officer. Renjen serves as chairman of the board of Deloitte's U.S. member firm. On 1 June 2015, Deloitte Global will begin its new fiscal year. Renjen will assume her new role. Deloitte is ranked the No. 1 accounting firm by revenue in the U.S., employing 210,000 professionals globally, compared to 195,000 for PwC, 195,000 for EY, and 162,000 for KPMG in 2014. In Deloitte's U.S. operations there are more than 70,000 people working in 100 offices. Deloitte's businesses include audit, advisory, consulting, and tax.


Accounting firms in NYC serve as the mecca of accounting, including Deloitte and other accounting firms that have headquarters in New York.


PwC

One of the world's leading accounting firms, PwC is without doubt the most respected in the industry. Two more accountants joined Price to form PwC, which was founded by Samuel Lowell Price, a London accountant. A prominent international network of independent member firms was formed when the partnership renamed itself Price, Waterhouse, and Company in 1865.

The global revenue for the year ending June 30 2015 increased by 10% to $35.4 billion. PwC's growth was driven by advisory services, which rose 18% to $11.2billion, while assurance and tax rose 6.2% and 7.1%, respectively.


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