SIAO is headquartered in Lagos and has offices in the Federal Capital Territory, Abuja and Ekiti State. Outsourcing your accounting and bookkeeping services to one of the Big 4 accounting firms gives your company a solid and trusted ground in operating with real-time data, which guides you in making better business decisions. Crowe Clark Whitehill is headquartered in London and has more than 160 firms operating in more than 105 countries. The firm has not completed any mergers recently; however, they did win the Accountancy Firm of the Year award in 2012. Like the number one accounting firm, EY is known for their innovation.

With more than 35,000 employees in more than 90 offices across the U.S., KPMG LLP has rightfully earned its place among accounting’s Big 4. KPMG, the fourth largest accounting firm in the U.S. by revenues, is the independent U.S. member firm of… The Enron collapse and ensuing investigation prompted scrutiny of the company’s financial reporting and its long time auditor, Arthur Andersen. The company was indicted for obstruction of justice for shredding documents related to the audit of Enron. The resulting conviction, although later overturned, doomed Arthur Andersen, because most clients dropped the firm, and the company was not allowed to take on new clients while they were under investigation. Most of Arthur Andersen’s international practices were sold to members of what is now the Big Four – notably EY globally; Deloitte in the United Kingdom, Canada, Spain, and Brazil; and PwC in China and Hong Kong.

Deloitte, officially called Deloitte Touche Tohmatsu Limited, is the largest accounting firm in the U.S. and the world both by revenue and number of employees (415,000). Founded in 1854, Deloitte is also one of the oldest firms and has managed to hold its original namesake through countless mergers and acquisitions. A member of the “Big Four” accounting firms, Deloitte’s U.S. revenues neared $30 billion for the 2022 fiscal year. Until 2020, KPMG[4] was the only Big Four firm not registered as a UK private company, but rather the co-ordinating entity was a Swiss association (verein). Those entities do not themselves perform external professional services, nor do they own or control the member firms.

Top Accounting Firms of 2023

Also, a New York accounting firm, KPMG, is in the number four position, rounding out our list of the big four accounting organizations. Led by the Big Four, let’s discover the top 10 accounting firms in the world one-by-one. Hiring Deloitte, PwC, EY or KPMG speaks for itself- access to top of the line online bookkeeping services, licensed and well-versed talents onboard, exposure to a larger network and stronger client relations. With D&V Philippines, you get access to professionals from these reputable finance and accounting corporations.

Under his guidance, this top accounting firm gave over 3 million books to children and supported numerous charities. Reporting 7.26 billion dollars worth of revenue for the year 2021, RSM International (widely referred to as RSM), is a well-established name in the world of accounting how to read your practice’s accounts receivable aging report and one of the top firms today. The company we know today was formed in 1987 from a merger between Klynveld Main Goerdeler (KMG) and Peat Marwick. KPMG is widely known for its incredibly large and impressive workforce of 227,000 employees, operating in 146 countries globally.

CAREERS

In fact, an accountant shortage combined with high turnover rates means the job market for accountants and consulting services continues to soar. As a result of a merger between companies LarsonAllen and Clifton Gunderson, the company came to be in 2012 and have since become very well known within the space for the quality of their accounting services. CliftonLarsonAllen LLP currently operates in over 120 locations across the US, furthering expansion efforts year-on-year. With an approximate year-on-year growth of 7.8%, Baker Tilly is another huge contender, and definitely one of the fastest growing accounting firms on the list.

These top four companies — Deloitte, PwC, Ernst Young, and KPMG — are also commonly known as the “Big Four” accounting firms. These four networks are often grouped together due to their large size and influence relative to other companies within this industry. PKF O’Connor Davies is a full-service accounting and advisory firm that provides audit, tax, and consulting services to domestic and international clients. Deloitte provides audit, consulting, tax, and advisory services to many of the world’s largest organizations, including nearly 90 percent of the Fortune 500 and more than 7,000 private companies.

Top Accounting consulting firms in Asia

KPMG, an initialism of Klynveld, Peat, Marwick, and Goerdeler, was founded in 1987. Though it’s incorporated in London, KPMG’s headquarters are in the Netherlands. KPMG operates in 145 countries, and its U.S. revenue was close to $11.5 billion for 2022. Competition among these firms intensified, and the Big Eight became the Big Six in 1989.

The firms’ services span advisory, audit and assurance, tax, risk consulting and management consulting, and capital and transaction management. New York-headquartered CohnReznick is the 14th-largest accounting firm in the U.S. based on annual revenues. The firm provides advisory, assurance, and tax services to companies across… Ernst & Young offers professional services in more than 150 countries. From consulting services to risk advisory, they help not for profit companies and state and local government agencies alike. RSM US Alliance provides its members with access to resources of RSM US LLP.

Working for one of the worlds top accounting firms in a privilege and an honor. Furthermore, your job at one of these firms can open doors to other opportunities that never would have been available otherwise. Also, the firm most recently merged with Kent firm Larkings which has added six new partners and 2 offices. Kingston Smith is number seventeen on the list of top twenty accountancy firms.

Any articles or publications contained within this website are not intended to provide specific business or investment advice. You should take specific independent advice before making any business or investment decision. Whitley Penn encourages professional development and understands the value in providing the necessary resources for employees to reach their greatest potential. With more than 670 offices in over 150 countries, KPMG is the only member of the Big 4 with quarters outside of London and is based in the Netherlands.

EY Climate Change and Sustainability

The decision these two firms made to come together couldn’t have been smarter as, since, they’ve become one of the biggest in the biz, making billions worth of revenue every year. Even with the emerging accounting firms today, businesses still opt to rely on a reputable partner for their number crunching. For many, the Big 4 accounting firms still remain at the forefront of the best practices in the industry. For this list, we defined “largest” in terms of revenue, rather than number of employees, offices, partners, or any other measure. We ranked firms according to their most recently available revenue data.

• Even with these challenges, however, the United States accounting industry as a whole is predicted to have an annual revenue of over $110 billion USD for the year 2020.
• Recently, the firm has merged with Booz & Co, a medium-sized consulting firm.
• Right away, some of the major takeaways of this list are the notable locations of these firms.
• Baker Tilly is number nine on the top 20 list in the largest firms in the world.

With concerns about inflation and a potential recession ticking down, business executives have grown a little less pessimistic about the U.S. economy’s prospects. Only 16% of respondents in the latest AICPA Economic Outlook Survey now expect a recession by the end of… Despite repeated sanctions from regulators, the Big Four have seen continued challenges to audit quality and ethics as the 2020 decade comes to a close. In many cases, each member firm practices in a single country, and is structured to comply with the regulatory environment in that country. If you’ve followed all the steps so far, there is a good chance you will be hired. When you start working, show up early, stay late when they need you, and then be the person they can count on.

But this isn’t the only reason they’re considered the second-best consulting firm in the country. PricewaterhouseCoopers, better known as PwC, is in the number two position. It has the largest tax services practice of any of the otherwise listed advisory firms.

In the five years leading up to 2020, the overall revenue of accounting services increased, but in 2020 the numbers will likely take a hit due to the economic recession. With cloud technology, accountants find that they are better able to focus energy on other parts of their job such as communicating with clients and managing work teams. Typically, Zolfo Cooper specializes in advisory and restructuring services. They are headquartered in London and have a plethora of offices around the globe including the UK, US, and other countries.

Ranking data is captured through IPA’s annual practice management survey and analysis of firms. IPA is the survey leader in data collection for the profession, with more of the largest 600 firms participating than any other survey today and a 92% return rate of participating firms. CBIZ/Mayer Hoffman McCann is at the number seven position on our list of the largest accounting firms. Headquartered in Cleveland and with annual revenue in the 130 million range, CBIZ is not a company to be slept on.

For those interesting in becoming one of the accountants, here’s a simple 7 step process getting hired by one of the worlds largest firms. UHY Hacker Young is headquartered in London and currently operates out of 260 offices across the UK. Haines Watts holds the number twelve position on the top 20 firms in the world. They are currently headquartered in London, have more than 60 offices in the region.