Hey what's this big 4. does it mean MNCs or anything else?
14 Replies
Jeet Biswas
(ACMA (in Service))
(5073 Points)
Replied 17 December 2008
the Biggest 4 Finance Advisory MNCs are collectively known as Big4.
PWC, KPMG, E&Y and Deloitte form the Big4.
Just search the net, u will get plenty of info abt them quite easily....
Vinod Agarwal
(Service)
(26 Points)
Replied 17 December 2008
Big 4 means top four Chartered firm like E & Y, Ferguson,delloite etc
Surya Jain
(Student)
(944 Points)
Replied 17 December 2008
Yes,exactly, big four are four top most or we can say Big4 firm of Chartered Accountant of the world. & those firm names are-KPMG, Delloite, PricewaterhouseCooper(PWC) & Ernyst & Young (E&Y).
Surya
Vinod
(Assistant Audit Officer)
(1675 Points)
Replied 17 December 2008
The Big Four are the four largest international accountancy and professional services firms, which handle the vast majority of audits for publicly traded companies as well as many private companies. The Big Four firms are shown below, with their latest publicly available data:
| Firm | Revenues | Employees | Fiscal Year |
|---|---|---|---|
| PricewaterhouseCoopers [1] | $28.2bn | 146,700 | 2008 |
| Deloitte Touche Tohmatsu [2] | $27.4bn | 165,000 | 2008 |
| Ernst & Young [3] | $24.5bn | 130,000 | 2008 |
| KPMG [4] | $19.8bn | 123,000 | 2007 |
This group was once known as the "Big Eight", and was reduced to the "Big Five" by a series of mergers. The Big Five became the Big Four after the near-demise of Arthur Andersen in 2002, following its involvement in the Enron Scandal.
Source: Wikipedia
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 17 December 2008
CA. Rajeev Aggarwal
(Chartered Accountant)
(3424 Points)
Replied 10 January 2009
Kshitij
(PCC Student)
(125 Points)
Replied 10 January 2009
After the Satyam & Global Trust Bank scam I think now we should open a new community- BIG CHOR (Big Thieves) instead of the current Big4. As no one takes as much bribes to hide so enormous size of frauds as BIG CHOR do....
dheeraj kr singh
(article)
(287 Points)
Replied 14 January 2009
CA-CWA RAVI
(CA-CWA in industry)
(5464 Points)
Replied 15 April 2009
rajeev sir thanx for sharing the link
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