The Major Players in the Accounting Industry

» Posted by on Aug 14, 2019 in Accounting Services | 0 comments

If you’re an accountant, then you must want to work with one of the top players in the industry. There are at least four top guns in the accounting business and these are the dream companies of most accountants.

An accounting firm is one that offers external audits, management consultancy, risk assessment, and taxation services, among other things. Accountants can work for these firms or they can choose an entirely different industry or business as accountants have a lot of opportunities awaiting them locally and elsewhere.

Top Accounting Firms

Young CPA would definitely want a spot in one of the top accounting firms listed below. This is because they are the ones who can give them the best job experience.

1. Deloitte

This firm was established by William Deloitte back in 1845. It is known today as the Deloitte Touche Tohmatsu Limited as it has gone through a lot of reorganizations and mergers over time. Even so, the company has kept its name, company values, and quality standards. That’s why it’s one of the most successful accounting firms in the world.

2. PwC

PwC stands for PricewaterhouseCooper and they have been raking in billions of revenues during the past couple of years. That’s why they’re the second largest firm right now. The company currently employs over 200,200 professionals in it offices located in 150 countries. PwC happened with Price Waterhouse merged with Coopers & Lybrand in 1998.

3. Ernst & Young

When Arthur Young merged with Ernst & Whinney, the Ernst & Young accounting firm was formed. Since then, it became a global organization and never looked back. They have offices all over the globe and are almost 250,000 employees strong. They mostly provide tax, advisory, and assurance services.

4. KPMG

KPMG stands for Klynveld Peat Marwick Goerdeler and they’re a global accounting firm that focuses on tax, audit, advisory, and special interest services for different industries. Their total number of employees is close to 200,000. This multi-billion dollar accounting firm has offices in 154 countries around the world.

Why Seek Employment in an Accounting Firm

Accounting is an industry that is run by needs big wigs. As a young and dynamic CPA, being a part of these firms indicate that you’ll get the training and experience that you need to be good at your craft. Once you got the training that you need to venture out on your own, then you can forge a more lucrative career for yourself. Some accountants take freelance tasks on the side while working for bigger firms. That way, they get to experience the best of both worlds, and they also become prepared once they’re on their own.

If you need Columbia accounting service as an individual or small business, you can’t really go straight to these four firms and expect them to serve you. Instead, you look for a much smaller accounting firm or a good freelance accountant to help you out. That way, you’ll get the services that you want at a rather reasonable price.

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