Big 4 Blog (The Number 1 Auditor Blog)

EY is in the news again regarding their proposed break up. It has been reported by multiple news organizations that partners are infighting over terms. Many publications are blaming Julie Boland who will head

KPMG announced that they will slash 700 jobs in the US workforce. That is equal to 2% of their US workforce. KPMG is the first big 4 accounting firm to cut jobs in the

As usual KPMG is the last of the big 4 accounting firms to report their financial results. They reported their FY22 results in December 2022. They achieved $35 billion in revenues in 2022. Their

In September 2022, EY announced another year of record revenue. They earned 45.4 billion of revenue for their FY 2022. In FY 2021, EY earned $40 billion. This represents growth of $5.4 billion. Audit

Will there be an end to the big 4 after the recent announcement of the split up of EY? Ey announced that they will be splitting up their audit and consulting branches into two

Deloitte posted amazing results for FY22 with $59.4 billion in global revenue. This represents an almost amazing growth rate of 20% on prior year revenue of $50 billion. Deloitte also announced the growth of

Carmine Di Sibio released the details of the EY break up plan on a firmwide webcast on July 28, 2022. There will be two companies - Assureco and Newco. Voting on the transaction will

EY has been fined $100 million by the SEC for cheating on the CPA exam. The US Firm of EY is the firm responsible for this and paying the fine.

Multiple news outlets are reporting news that EY is considering splitting their audit practice from the rest of the firm. EY is denying that a decision has been made. They aren't denying that they

PwC has decided to invest $2.4 billion into employee benefits. The new program that PwC is rolling out as part of this investment is called My+. I don't know where PwC comes up with

EY UK has announced that they plan to grow their consulting practice in the UK by over 5,000 employees by 2026. EY plans to invest 75 million pounds in order to get this

The slap heard around the world. Will Smith slapped Chris Rock at the 2022 Oscars and it is all anyone can talk about. The people that are the happiest about this??? PwC!!! As you

As a result of inflation and the great resignation the big 4 accounting firms have provided some amazing benefits in 2022. The details of the mid years raises at Deloitte, PwC, KPMG and EY

Deloitte has announced some mid year benefits. Some of these are just things that other big 4 already offer, but the mid year raise appears to be something unique. Over the past two years,

According to the dailymail in the UK, a former Deloitte employee is suing over psychiatric harm from her boss. It turns out that she was also dating this former boss. The woman is Katrina

KPMG reported revenue of 32.13 billion for FY21. This represents a 10% increase over the prior year revenue of 29.22 billion. KPMG is still the fourth largest accounting firm behind EY, PwC and Deloitte.

Kpmg has announced a change to their US benefits plan following a big increase in benefits from PwC. Paul Knopp, the KPMG US ceo announced the following benefits on his LinkedIn. KPMG will reduce

PwC finally released their 2021 revenues. PwC grew their revenue from $43 billion to $45 billion. This represents growth of about 5%. This is in line with the same growth as Deloitte. Ey had

In early October 2021, PwC announced that their employees in the U.S. can choose where to work. This means that employee can work virtually anywhere they want in the United States. They don't have

If you've been reading the news then you know about the Chinese real estate company Evergrande. Evergrande is having financial difficulties that could impact global markets. Well people are now finding out that PwC

KPMG receives huge fine in UK KPMG received a 13 million pound fine in the UK over work they performed for Starlight. Reportedly there was some collusion between KPMG partners and a private equity

KPMG Sued For $5.6 Billion In Malaysia KPMG is being sued for an audit they performed for 1MDB. 1MDB was an investment entity where the former prime minister was involved. 1MDB stands for 1Malaysia

PwC has announced that they will hire 100,000 employees over the next five years. They will hiring these employees globally. PwC plans to get many of these new hires from mergers and acquisitions of

I recently received a question about partner growth in the big 4. The person was specifically asking about audit, but I wanted to review all lines of service. Audit is still making plenty of