FAQs
In 2023, Deloitte was the largest accounting firm in the United States in terms of audit and attest revenue, with revenue of approximately 9.1 billion U.S. dollars. PwC followed, with revenue from audit and attest services amounting to 5.9 billion U.S. dollars.
What accounting firms have a revenue in 2023? ›
The average total revenue earned by accounting and bookkeeping firms in 2023 was $623,296 with the lowest revenue being $1000 and the highest revenue being $10,000,000.
What are the top 4 accounting firms in 2023? ›
Rank | Firm / Headquarters | MP / CEO |
---|
1 | Deloitte / New York | Jason Girzadas |
2 | PwC / New York | Tim Ryan |
3 | Ernst & Young LLP / New York | Julie Boland |
4 | KPMG LLP / New York | Paul Knopp |
96 more rows
What are the Tier 1 accounting firms? ›
Revenue comparison
Rank | Firm | Revenue gap % to next largest |
---|
1st | Deloitte | Top firm (Top firm PY ) |
2nd | PwC | −18% vs Deloitte ( −15%% vs Deloitte PY ) |
3rd | EY | −7% vs PwC ( −10%% vs PwC PY ) |
4th | KPMG | −26% vs EY ( −24%% vs EY PY ) |
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What is the fastest growing accounting firm in the US? ›
Cherry Bekaert ranks 1st on Accounting Today's "Fastest Growing Firms in the U.S. 2024" list. Cherry Bekaert's strategic acquisitions bolstered a 99.66% growth rate for the Firm in 2023—resulting in Accounting Today's Fastest-Growing U.S. Firm, Top Tax Firm and Top Southeast Region Leader in 2024.
What are the top 4 accounting firms in 2024? ›
The Big 4 consulting firms refers to the top four accounting firms with management consultancy divisions. These are Deloitte, PricewaterhouseCoopers (PwC,) Ernst &Young (EY), and KPMG. In terms of revenue, these firms are indeed the big four consulting firms.
What are the big four accounting firms revenue? ›
The Big Four accounting firms – Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and KPMG – have solidified their positions as global industry leaders, boasting a combined revenue exceeding $200 billion in 2023. Together, these firms audit the majority of publicly traded companies worldwide.
What are the mid tier accounting firms? ›
Examples of mid-tier accounting firms include Findex, Pitcher Partners, Grant Thornton, BDO, William Buck, SW, KordaMentha, and RSM.
What is the most prestigious accounting firm? ›
PwC also ranks first in Prestige, edging out second-place Deloitte. PwC is also the #1 firm in all three major practice areas (Audit & Assurance, Forensic, and Tax).
Who are the former Big 6 accounting firms? ›
They were Deloitte Haskins & Sells, Arthur Andersen, Touche Ross, Price Waterhouse, Coopers & Lybrand, Peat Marwick Mitchell, Arthur Young & Co. and Ernst & Whinney. Most of these 8 firms were the result of mergers and alliances.
In general, PwC and Deloitte are considered the most prestigious of the Big 4. If you ask most people about prestige, they'll probably rank PwC/Deloitte > EY > KPMG. This is reflected in pricing, for example.
What are the Tier 4 accounting firms? ›
Measured by revenue, the Big Four global accounting firms include Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG).
What is the 5th largest accounting firm in the US? ›
RSM US LLP (RSM) is the leading U.S. provider of assurance, tax, and consulting services for the middle market, and the fifth largest professional services firm in the country by annual revenues. In its latest fiscal year, the firm booked...
What is the highest paying accounting firm? ›
Top 10 Highest-Paying Accountant Companies
Company | Salary for Accountants |
---|
Grant Thornton | $71,730 |
Deloitte | $68,500 |
Grassi | $65,115 |
Baker Tilly | $63,491 |
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Where do accountants make the most money in the US? ›
According to the Bureau of Labor Statistics (BLS), the highest-paying states for CPAs in the U.S. are the District of Columbia, New York, New Jersey, Virginia, and California, with average salaries ranging from $89,000 to $105,000 per year.
What is the oldest Big 4 accounting firm? ›
KPMG is the oldest of the Big 4, and its earliest parent company was founded in 1818. As with all the Big 4, the firm grew in the 1800s and 1900s through a series of mergers. In 1987, the first large-scale merger in the accounting industry took place between KMG and Peat Marwick which formed KPMG as we know it today.
What is the revenue of PwC accounting firm? ›
LONDON, 24 October 2023 – For the 12 months ending 30 June 2023, PwC firms around the world reported record gross revenues of US$53.1 billion, growing by 9.9% in local currency and 5.6% in US dollars over the FY22 gross revenues of US$50.3 billion.
Is accounting a growing or dying field? ›
A report from the American Institute of Certified Public Accountants (AICPA) found a 33% decline in first-time candidates taking the national certified public accountant (CPA) exam from 2016 to 2021. There is a growing shortage of certified public accountants and the profession is aging, with 75% at retirement age.
What is the revenue of KPMG? ›
Which accounting firm pays the most? ›
If you want to make the most money in consulting, Deloitte pays the best. However if you want to make the most money in auditing or tax PwC is likely your best bet.