PwC’s largest clients by audit revenue are as follows:

1. Bank of America (Bank Of America Audit Information)
2. American International Group (AIG Audit Details)
3. Chase
4. Goldman Sachs
5. Prudential Financial
6. IBM
7. United Technologies
8. Ford Motor Co
9. Johnson & Johnson
10. Caterpillar
11. Dell
12. Merck
13. Exxon
14. CIT Group
15. Interpublic Group
16. Chevron
17. Exelon
18. Johnson Controls
19. Freddie Mac
20. American Express
21. Allergan
22. Cisco Systems
23. Thomson Reuters
24. OneMain Holdings
25. Phillip Morris International
26. PNC Financial Services Group
27. Xerox
28. Walt Disney
29. Platform Specialty Products Corporation
30. Thermo Fisher Scientific
31. Alere Inc.
32. Mondelez International
33. XL Capital
34. 3M Co.
35. Acronic Inc.
36. Laureate Education, Inc.
37. El Dupont de Nemours
38. L3 Technologies
39. Schlumberger
40. Hertz Global
41. Raytheon
42. Assurant Inc.
43. Ingersoll-Rand
44. Ecolab
45. Ball Corporation
46. Cigna Corporation
47. Viacom
48. CBS Inc.
49. Goodyear Tire
50. Endo International

Statistics about PwC Clients

Highest audit fees

The highest audit fees for PwC as of the most recent year for their clients is as follows

JP Morgan Chase – $92.3 million

Bank of America – $66.7 million

American International Group -$90.5 million

International Business Machines – $86.4 million

Goldman Sachs Group – $64.6 million

United Technologies – $64.2 million

Of the Global Fortune 500 companies, PwC has

• 28% as Audit Clients
• 56% as Non Audit Clients
• 16% are not clients of PriceWaterhouse

Per PwC’s website they provided services to over 420 out of the 500 Fortune 500 companies. They also provided services to 443 out of the 500 FT Global 500.

FT Euro 500

PwC has the following percentage of the FT Global 500 as clients

• 33% as Audit Clients
• 54% as Non Audit Clients
• 13% are not clients of Pwc

Of the Fortune 500 companies, PwC has

• 26% as Audit Clients
• 58% as Non Audit Clients
• 16% are not clients of PriceWaterhouse

FT global 500

PwC has the following percentage of the FT Global 500 as clients

• 31% as Audit Clients
• 58% as Non Audit Clients
• 11% are not clients of Pwc

PwC has a large share of  FTSE 100 audit client as well. Visit our FTSE 100 Auditors List to learn how many FTSE 100 companies that PwC audits.

One of PwC’s most prestigious clients is the Academy Awards. They have been counting ballots at the Academy Awards for 83 years.

Unfortunately, PwC made a huge mistake at the 89th Oscars in 2017, and they might lose the engagement. They are currently conducting an investigation to understand what happened.

Related Content:

PwC at the 2017 Oscars

PwC Oscars Mistake

PwC Oscars Forum

AIG is a large multinational insurance company. AIG has a market capitalization of $61 billion. It has arguably one of the highest audit fees in the industry due to its complexity.

As you can see in the audit fee table below that AIG was barely able to reduce their audit fee below $100 million for the 2015 audit. This is one of the most lucrative audits for PwC.

ExxonMobil is one of the largest oil companies in the world. It has a market cap of $367 billion. The fees incurred by PwC on Exxon were $34.4 million for the latest reportable year.

Related Content: Deloitte Clients

Prudential financial is one of the largest insurance companies in the world. PwC has been ratified as the independent auditors according to the latest proxy statement.

With fees of $56 million, you can see that Prudential financial is one of PwC’s largest clients.

IBM provides information technology products and services throughout the globe. They have a market capitalization of $141 billion.

As you can see in the table below, PwC makes a pretty penny off of IBM. IBM is a little different than other clients in that their audit related fees are very high. IBM attributes this to the cost of assessing controls related to outsourcing services.

Bank of America is one of the largest banks in the world. They have a market capitalization of $144 billion.

Bank of America paid PwC $75,700,000 in audit fees in 2016.

Chase is one of the largest banks in the world. They have a market capitalization of $898 billion.

JP Morgan Chase paid PwC $64,000,000 in audit fees in 2016. PwC also provided audit related services worth $25 million to Chase during 2016.

Goldman Sachs is an elite investment bank. Their market cap is almost $90 billion.

Goldman Sachs paid PwC $53,200,000 in audit fees in 2016. PwC also provided audit related services worth $8.9 million to Goldman Sachs during 2016.

Disney is one of the largest entertainment companies in the world. They have a market capitalization of $172 billion.

American Express provides charge, credit card payment products and travel related services to its worldwide base of customers. American Express has a market capitalization of $61 billion.

General Electric

General Electric is a large conglomerate that provides consumer goods and business goods. They make everything from light bulbs to airplane engines.

Historically PwC provided consulting services to General Electric, but as of 2017 PwC acquired GE’s tax department. This means that pwc will be utilizing GE’s employees to provide services to GE and other clients. 

Sinopec Group

Sinopec group is a producer of petrochemcial products in China. According to their website they had about $294 billion dollars of revenue.

Toyota Motor

 Toyota Motor is one of the largest car manufacturers in the world. They earned $226 billion dollars of revenue for the year ending March 31, 2016.

Other Clients of PwC

Assurance Services

Advisory Services