Guardian Trashes the Big 4

The Guardian featured an opinion piece criticizing the big 4 this past weekend on June 3. They were mainly criticizing PwC, but they also threw some shots at the other firms. They started out with mentioning the size of the big 4 and how much revenue they make. They also mentioned how much revenue

2023-06-07T00:24:53+00:00June 6th, 2023|Categories: Uncategorized|0 Comments

PwC Australia Tax Leak Scandal

PwC leaked the inner working of the Australia Tax Office over a number of years. That leak was uncovered in 2023. This leak occurred in 2023 by a PwC partner named Peter Collins. How did Peter receive this information? He was helping the Australian government design better tax laws. On its face this isn’t

2023-05-24T18:44:34+00:00May 22nd, 2023|Categories: Uncategorized|0 Comments

EY’s Breakup Plan Put On Pause

Earlier this week, on April 11, it was announced that EY was putting the brakes on their breakup plan. Carmine Di Sibio was certain that the plan would go forward. He reiterated that the plan would move forward despite earlier warnings that it would not. Now it is confirmed that the deal, as it

2023-04-15T19:26:16+00:00April 15th, 2023|Categories: Uncategorized|0 Comments

EY Banned From Audits In Germany

EY has been banned from some audits in Germany as of April 2023 as a result of the Wirecard audit. Wirecard went under in 2020 and EY faced plenty of scrutiny after the audit of the 2016 to 2018 years. Now they've been fined over $500,000 in Germany and they've been banned from auditing

2023-04-04T04:57:25+00:00April 4th, 2023|Categories: Uncategorized|0 Comments

KPMG 2022 Revenue ($35 Billion)

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 fiscal year ended September 30, 2022. The actuals for the year were $34.64 billion which was rounded up to $35

2023-01-06T05:14:20+00:00January 6th, 2023|Categories: Uncategorized|0 Comments
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