Big 4 Blog (The Number 1 Auditor Blog)
KPMG New Benefits 2021
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 Revenue 2021
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
PwC Work Anywhere Policy
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
PwC Evergrande Scandal
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
August 2021 Big 4 News Stories
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
July 2021 Big 4 News Stories
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 To Hire 100,000 Employees Over 5 Years
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
Big 4 Partner Growth in 2021
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
Podcast Links April 27 2021
These are the links for the big 4 accounting firms for April 27 2021 Deloitte UK Careers - what it's like to work in consulting Deloitte UK Careers - Career Profiles KPMG
KPMG Australia Raises & Biden Tax Plan
Biden Raising Taxes on "The Rich" U.S. President Biden is looking to raise the capital gains tax rates in the United States targeting the wealthy. This will increase business for the big 4 as
Vault Rankings 2022
The Vault Accounting Rankings are rankings of the top 50 accounting firms in the United States. This list is based on surveys from more than 10,000 accounting professionals I think there is a major
EY Partners With Nokia For 5G Services
Ey issued a press release out of the UK and specifically from London. EY and Nokia have formed a strategic alliance that is being rolled out to other EY member firms to help enterprises
Deloitte Partners With UIPath On New Oracle Services
Deloitte has decided to form a partnership with UIpath to come up with solutions for their clients Deloitte recently announced it is teaming with UiPath to develop intelligent automation solutions around the Oracle Cloud
ESG Growing In Popularity & Other Big 4 News
ESG news -- First we are going to discuss ESG in accounting. ESG is being discussed more and more in finance and accounting. There have been a few new stories out about ESG that
Deloitte Launches Government AI Service
Deloitte's government and public services practice announced the new Deloitte Artificial Intelligence Institute for Government (DAIIG). Institute leaders outlined a set of commitments and actions to advance applied AI in the public sector by
UK To Break Up Big 4 Accounting Firms
It seems to be only getting worse for the big 4 accounting firms in the UK. Uk regulators are now holding a 16 week comment period to understand if they should limit the ability
Deloitte Mismanages Vaccine Management
In an article on Business insider, It looks like Deloitte mismanaged vaccine work that they won from the CDC in the United States. We previously posted about EY winning new vaccine work. We said
EY To Manage Vaccine For United States
Ernst & Young LLP (EY US) today announces the launch of the EY Vaccine Management Solution to help manage the secure, safe and equitable distribution process of COVID-19 vaccines. The solution is built on multiple
KPMG Cuts Partners Pay In The UK 2021
News has come out from Guardian that KPMG partner pay was cut 11% in the UK. The pay was cut for 582 KPMG partners in the UK. They now received an average of £572,000
KPMG Announces 2020 Revenue – $29.22 billion
KPMG finally released their global results. They weren’t supposed to announce it until later in 2021, but I guess they couldn’t wait anymore. They announced revenues of 29.22 billion. This compares to revenue of
Big 4 Accounting Firms Employ Chinese Communists
According to the Telegraph UK, there are at least 2,000 Chinese communists that work for the big 4 accounting firms - Deloitte, PwC, EY and KPMG. The crazy part is that this is only
Deloitte To Double Workforce In India
Punit Renjen says that Deloitte will double its workforce in India. Punit Renjen recently did an interview with the Hindustan times during their leadership summit. He spoke about his background from India, and how
KPMG Study Shows 80% Report Sustainability Measures
Accounting today ran an article last week that 80% of companies are reporting SDG’s in their financial statements. We talked about this in previous posts and podcasts when we discussed ESG reporting and how
Deloitte News – Acquisitions & Technology
Deloitte has made tons of acquisitions in the past year and a great website has compiled all of them in the IT service provider market. The website is channele2e.com. Channel E2E ranks Deloitte in
BDO 2020 Financial Results
BDO just released their 2020 results They reported 10.3 billion in revenue for their fiscal 2020 year. This represents a 7.8% increase in revenue from 2019. The number of employees increased to 91,054 employees