Getting To Know The Big 4 Company That Accountants Dream Of

Illustration of Big 4 company (Unsplash)

YOGYAKARTA Big 4 is the name for four companies in the field of accounting which is quite large in the United States. Due to its excellent reputation, the Big 4 company has even become a dream office for anyone who works as an accountant. Because this company does not only provide various benefits for its workers, both material and prestigious.

The Big 4 company itself consists of four accounting offices namely Ernst & Young (EY), Deloitte, Klynveld Peat Marwick Goerdeler (KPMG), and PricewaterhouseCoopers (PwC). The company is not interrelated. It's just that each has a large asset with a very wide network in various countries. So the four of them are nicknamed Big 4.

The following is a brief profile of each Big 4 company that has networks in various countries, including in Indonesia.

Ernst & Young (EY) company is a merger company between Ernst & Whinney and Arthur Young & Co.. Known as the oldest company because it was founded in England in 1989, but the forerunner of this company has been around since 1849.

This company has various services ranging from audits, taxes, to consultations. In addition, EY is also known for being reliable by the company for helping to increase transparency as well as financial accuracy.

EY's company is in Indonesia by cooperating with the Public Accounting Office (KAP) Suherman, Surja, and Purwantono.

The world's largest accountability company is PricewaterhouseCoopers (PWC). The company merged from Price Waterhouse and Coopers & Lybrand. Despite its establishment in 1998, the forerunner of PWC has existed since the 19th century. Even in the forerunners, there are more than 150 countries with various services.

PWC provides professional services such as financial audits, taxation, strategic and operational consultations in various sectors. As a result, this company managed to record sales with fantastic value. In 2017, for example, PWC was able to record sales of 37.68 billion dollars.

In Indonesia, PWC has existed since 1990. This company cooperates with KAP Wibisana, Tanudiredja, Rintis & Partners.

The company's name comes from a combination of the names of its founders who merged in 1987. KPMG is known as a public accounting firm that serves audits, taxes, and risk management consultants.

Currently, KPMG is reported to have employed 104,000 people and formed partnerships with 144 parties in various countries. In Indonesia, KPMG has several business units, some of which are KPMG Advisory Indonesia and Siddharta Widjaja & Partners.

Deloitte was founded in 1990. The name Deloitte Touche Tohmatsu Limited itself is a combination of the names William Welch Deloitte, George Touche, and Commander Nobuzo Tohmatsu.

William Welch Deloitte himself founded the forerunner of Delloitte in 1845. And to date, Deloitte's company has focused on four services, namely audits, consultations, tax services, and financial services. However, this company offers other services.

Currently Deloitte has been present in many countries including Indonesia. In Indonesia, Deloitte services can be obtained through PT Deloitte Consultant Indonesia.

That's information related to Big 4. Visit VOI.id to get other interesting information.