Wednesday, July 04, 2007

Big Four Firms Dominate Professional Services Rankings

The Big Four Firms - PwC, D&T, E&Y, KPMG and Accenture have taken the top 5 revenue spots in a recent global professional services report released by Managing Partners Forum. BearingPoint is number 24 while we couldn't quickly spot CapGemini in this list.



Here are some impressive (rounded) numbers



PricewaterhouseCoopers

Rank 1, Revenue $22 B, Employees 142,000



Deloitte and Touche

Rank 2, Revenue $20 B, Employees 132,000



Ernst and Young

Rank 3, Revenue $18 B, Employees 114,000



KPMG

Rank 4, Revenue $17 B, Employees 113,000



Accenture

Rank 5, Revenue $17 B, Employees 146,000



BearingPoint

Rank 24, Revenue $4 B, Employees 18,000



Just the top 5 firms alone account for $84 billion of revenues, a good 16% of the total US$535 billion of all the professional services firms tracked. The Big Four accounting firms (PwC, D&T, E&Y and KPMG) totaled to $77 billion, 70% of the US$115 billion of accounting revenues.



Very impressive figure, and testimony to the enormous clout of these firms in the professional services arena.



For the full report see here...http://www.mpfglobal.com/campaigns_global500.htm

1 comment:

ALD said...

"The Big Four accounting firms totaled to $77 billion, 70% of the US$115 billion of accounting revenues"

Note that this is not exactly correct as it counts all the Big Four revenue as accounting revenue, whereas a great deal of this revenue is consulting or other non-accounting revenue.