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Starting in the mid-1900s, there was a series of mergers which ultimately created Deloitte Touche Tohmatsu Limited, the Deloitte accountancy we have today.
Pros “Amazing people and inclusive family-like culture” “Learning and growth opportunities” “Interesting, intellectually stimulating, challenging work” Cons “Smallest of the Big 4” “Large, complex clients” “Recent scandals” The Big 4 have faced scrutiny for tax avoidance, and for conflicts of interest between their auditing and consulting businesses over the past few decades.
The Big 4 advise on tax policies, and on business strategy.
The goal of this practice is to increase adoption of Apple technology within enterprise-level businesses.
Today, Deloitte is the largest professional services firm in the world, with higher annual revenue and more employees, than any of its Big 4 competitors.
Pricewaterhouse Coopers (PWC) was created in 1998, through a merger of Price Waterhouse and Coopers & Lybrand.
In recent years, PWC has built-up their consulting practice, with a focus on strategy and technology services.
Currently, KPMG is the smallest of the Big 4, with 2018 revenues of billion.
It is the only member of the Big 4 with its headquarters outside of London, and is based in the Netherlands.
Pros “Very prestigious, quality firm, known worldwide” “Challenging work, good compensation” “Supportive culture, strong support to empower growth” Cons “Very poor work/life balance” “Partners needs come before the needs of employees” “High demands for quick quality work” Price Waterhouse began in 1849, and the accountancy of William Cooper began in 1854.
Both were established in London and evolved throughout the 1900s.