An Investigation into the Reorganization of the Big Four and the Consolidation of the Accounting Industry

作者：靳珊

来源：海外英语, 2017, (20): 244-247.

• Reorganization
• the Big Four
• Accounting Industry
• Structure
• Mergers
• History
• Audit Firms Reorganization
• Audit Firms

The Big Four is the name given to the top four professional consultancy firms of the world namely Pw C（Price Waterhouse Coopers）, KPMG, Ernst and Young and Deloitte. These firms provide audit, accounting, taxation, financial and other professional consultancy to the clients（being businesses and companies）. The paper discusses the reasons for the formation of the Big Four and the future aspects of the big four. It was found that the current market structure and the existing status of the Big Four will not change in the near future and there is near to impossible chances of new entrants in the auditing and accounting markets because of barriers to entry established by the Big Four in the existing market.

• 出版日期2017
• 单位西安外国语大学