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1.

List of Big 4 Audit / Accounting Companies in India


 Deloitte Touche Tohmatsu India Private Limited. ...
 Ernst & Young India.
 KPMG India Private Limited. ...
 PwC India. ...

1. why is called big four companies?

 The Big Four is the nickname used to refer collectively to the four largest
professional services networks in the world, consisting of the global
accounting networks Deloitte, Ernst & Young, KPMG and PwC
 The Big 4, also known as the Final 4, are the four largest international
accounting and professional services firms. The Big 4 audit the
majority of all publicly-traded companies. PricewaterhouseCoopers,
Ernst & Young, Deloitte Touche Tohmatsu and KPMG make up the Big
Four.

2. What Big 4 accounting firm is the best?


The big 4 accounting firms rankings are similar when you look solely
at US

 Deloitte comes in first with $17.6 billion.

 PwC comes in second with 12.2 billion.

 EY comes in 3rd with 11.2 billion.

 KPMG comes in 4th with $7.9 billion.


The big 4 accounting firms rankings are similar when you look solely at
India.

Rank Big 4 Companies Market Share


1 Deloitte 30%
2 PwC 27%
3 EY 24%
4 KPMG 19%

4. Why is Big 4 called Big 4?

 They're known as the Big 4 of the accounting world for a


reason: they continue to be the auditors for six out of every ten of
the top 500 listed firms in India. ... The market value of the
companies audited by the Big 4 in India is 60 percent of the total
market capitalisation of all companies listed on the NSE.

5. Introduction of big 4

 Finally, the insolvency of Arthur Andersen stemming from their involvement


in the 2001 Enron Scandal, produced the Big Four:
 Deloitte & Touche
 Ernst & Young
 KPMG
 PricewaterhouseCoopers
 The Enron collapse and ensuing investigation prompted scrutiny of the
company's financial reporting, which that year was audited by Arthur
Andersen. Arthur Andersen was eventually indicted for obstruction of justice
for shredding documents related to the audit in the Enron scandal. The
resulting conviction, although it was later overturned, still effectively meant
the end of Arthur Andersen, because the firm was not allowed to take on new
clients while they were under investigation. Most of its country practices
around the world were sold to members of what is now the Big Four – notably
Ernst & Young (now known as EY) globally; Deloitte & Touche in the United
Kingdom, Canada, Spain, and Brazil; and PricewaterhouseCoopers (now known
as PwC) in China and Hong Kong.

 About the companies :

%
Fiscal Revenue Tax Consulting
Legal Revenue revenu Audit &
Ran year Employee per & &
Firm Headquarte s e gap Assuranc Source
k endin s employe Leg Advisory (No
rs (US$) to next e
g e al te)

largest

$8.9
$50.2 bn N/A 345,374 $145,350 $10.5 bn bn $31.0 bn
Deloitt  London, 2021-
1st (  $2.6 bn, (N/A in (  10,574, (  $3,176, (  $0.6 bn, (  $0. (  $1.8 bn, F2021[15]
e England, UK 05-31
5.5%) PY) 3.2%) 2.2%) 6.1%) 2 bn, 6.2%)
2.3%)

−10% vs $11.0
F2021[16] wit
$45.1 bn Deloitte 295,000 $152,881 $17.1 bn bn $17.0 bn
 London, 2021- h
2nd PwC (  $2.1 bn, (−10% vs (  11,000, (  $1,473, (  $0.7 bn, (  $0. (  $0.9 bn,
England, UK 06-30 F2020
4.9%) Deloitte 3.9%) 1.0%) 4.2%) 6 bn, 5.8%)
restated
in PY) 4.6%)

3rd EY  London, 2021- $40.0 bn -11% vs 312,250 $127,971 $13.6 bn $10.5 $15.9 bn F2021[17]
%
Fiscal Revenue Tax Consulting
Legal Revenue revenu Audit &
Ran year Employee per & &
Firm Headquarte s e gap Assuranc Source
k endin s employe Leg Advisory (No
rs (US$) to next e
g e al te)

largest

PwC bn
(  $2.8 bn, (−13% vs (  13,285, (  $3,542, (  $0.8 bn, (  $0. (  $1.3 bn,
England, UK 06-30
7.3%) PwC in 4.4%) 2.8%) 5.8%) 7 bn, 8.9%)
PY) 7.2%)

$7.0
−20% vs
$32.1 bn 236,000 $136,017 $11.5 bn bn $13.7 bn
 London, 2021- EY
4th KPMG (  $2.9 bn, (  9,000, (  $7,383, (  $0.4 bn, (  $0. (  $2.0 bn, F2021[1
England, UK 09-30 (−22% vs
10.0%) 4.0%) 5.7%) 3.6%) 5 bn, 17.1%)
EY in PY)
7.7%)

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