Big Four

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Big Four

The four largest accounting firms in the United States: Deloitte Touche Tohmatsu, Pricewaterhouse Coopers, Ernst & Young, and KPMG. In addition to accounting, these firms all offer auditing and advisory services. The number of "big" accounting firms has decreased over time because of mergers and, most recently, the ruin of Arthur Andersen following the Enron scandal in 2002.

Big Four

A widely used reference to the four largest public accounting firms that perform most of the external audits in the United States for large publicly owned corporations. The Big Four include PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young, and KPMG. The group was long known as the Big Eight until it was reduced by mergers; it was called the Big Five until the Enron scandal led to the collapse of Arthur Andersen.
References in periodicals archive ?
The four overlapping dimensions that the MBTI assessment measures have been shown to correlate highly with the Big Five measures.
The Big Five banks accounted for almost 90 percent of the market share in 2012, said a report.
These attributes are as much a part and parcel of the Seychelles experience as the Big Five are to African wildlife reserves," said Alain St Ange, director of Seychelles marketing, "and they are free to one and all, an intrinsic part of our tourism landscape for all to enjoy.
The Big Five O is at the gates I suppose I'll have a whinge
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An alternative 'description of personality': The Big Five factor structure.
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The purpose of this article is to summarize preliminary observations about the collapse, as well as changes in financial reporting, auditing and corporate governance that are being proposed in response by Big Five accounting firms, the AICPA and the SEC.
And through all of this, the Big Five auditing firms put on the garnish of their opinion letters, helping lure more share buyers at ever-higher prices until the collapse.
The Big Five firms dominate the audit and consulting services to public companies.
and Arthur Andersen isn't the only Big Five accounting firm to have had egg on its face -- although, in the case of Andersen's auditing of the now-bankrupt Houston-based energy giant, the smallest of the giant international accounting firms is sporting a Texas-sized omelet.
Japan's big five steelmakers plan to slash production by 3-10% in the fiscal second half to March 2002 from the first half in a move aimed at underpinning sagging prices of steel products, industry officials said Thursday.