{"id":10607,"date":"2011-01-07t13:28:31","date_gmt":"2011-01-07t17:28:31","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=10607"},"modified":"2024-11-19t21:34:30","modified_gmt":"2024-11-20t02:34:30","slug":"big-four-revenues-bounce-back","status":"publish","type":"post","link":"\/\/www.g005e.com\/2011\/01\/07\/big-four-revenues-bounce-back\/","title":{"rendered":"big four revenues bounce back"},"content":{"rendered":"
up 1.4% in 2010 after 7% drop in 2009. deloitte takes top spot from pwc. via “the 2010 big four firms performance analysis” <\/em>by big4.com<\/a><\/em><\/p>\n after an extraordinary period of continuous revenue growth from the early 2000s to 2008, combined revenue for the big four firms fell 7% in 2009, then recovered in 2010 and seems headed for bigger advances this year, according to “the 2010 big four firms performance analysis” by big4.com<\/a>.<\/p>\n in 2009, revenue decreases in us dollar percentage terms ranged from negative 5% for deloitte to negative 7% each for ernst & young and pricewaterhousecoopers to negative 11% for kpmg. but in 2010, the situation improved remarkably, with $95 billion combined revenue for the four firms in fiscal 2010 increasing 1.4% from $94 billion in fiscal 2009 in us dollar terms.<\/p>\n revenue increases in us dollar percentage terms ranged from negative 0.9% for ernst & young, 1.5% for pwc, 1.8% for deloitte and 2.6% for the fastest-grower, kpmg. kpmg also had positive growth in all its three regions and narrowed its revenue gap with e&y. e&y was the only firm whose full year revenues shrank, though the firm indicated that the second half of the fiscal year was much stronger, especially in advisory and tas.<\/p>\n the big story of 2010 was that deloitte with its 1.8% growth was able to beat pricewaterhousecoopers with its 1.5% growth to gain first place and become the largest accounting firm on the planet. in 2009, pwc was narrowly ahead of deloitte, but deloitte\u2019s 2010 revenues of $26.578 billion was ahead of pwc\u2019s 2010 revenues of $26.569 billion by an ultra-slim, but very significant, $9 million. ernst & young took the third spot at $21.3 billion, and kpmg maintained its position as the smallest of the big four firms at $20.6 billion, but narrowed the gap against e&y. up 1.4% in 2010 after 7% drop in 2009. deloitte takes top spot from pwc. via “the 2010 big four firms performance analysis” <\/em>by big4.com<\/a><\/em><\/p>\n after an extraordinary period of continuous revenue growth from the early 2000s to 2008, combined revenue for the big four firms fell 7% in 2009, then recovered in 2010 and seems headed for bigger advances this year, according to “the 2010 big four firms performance analysis” by big4.com<\/a>.<\/p>\n in 2009, revenue decreases in us dollar percentage terms ranged from negative 5% for deloitte to negative 7% each for ernst & young and pricewaterhousecoopers to negative 11% for kpmg. but in 2010, the situation improved remarkably, with $95 billion combined revenue for the four firms in fiscal 2010 increasing 1.4% from $94 billion in fiscal 2009 in us dollar terms.<\/p>\n revenue increases in us dollar percentage terms ranged from negative 0.9% for ernst & young, 1.5% for pwc, 1.8% for deloitte and 2.6% for the fastest-grower, kpmg. kpmg also had positive growth in all its three regions and narrowed its revenue gap with e&y. e&y was the only firm whose full year revenues shrank, though the firm indicated that the second half of the fiscal year was much stronger, especially in advisory and tas.<\/p>\n the big story of 2010 was that deloitte with its 1.8% growth was able to beat pricewaterhousecoopers with its 1.5% growth to gain first place and become the largest accounting firm on the planet. in 2009, pwc was narrowly ahead of deloitte, but deloitte\u2019s 2010 revenues of $26.578 billion was ahead of pwc\u2019s 2010 revenues of $26.569 billion by an ultra-slim, but very significant, $9 million. ernst & young took the third spot at $21.3 billion, and kpmg maintained its position as the smallest of the big four firms at $20.6 billion, but narrowed the gap against e&y.
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