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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1766 |
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Deloitte, Haskins, & Sells joined with Touche Ross to form Deloitte & Touche (Deloitte). In addition, the Peat Marwick firm had previously consolidated with KMG Group to create KPMG. These mergers are what led to the “Big Four.†Today, the “Big Four†perform the majority of the audits for publicly traded companies...
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The others trailed PwC with Deliotte at $23.1 billion, Ernst & Young at $21.1 billion, and KPMG at $19.8 billion, respectively. In terms of service lines, advisory and consulting services for all four firms combined grew 21.7 percent, from $18 billion to $21.9 billion. Tax services expanded by 18.4 percent, from $17...
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