What do the three major domestic firms mean?

Deloitte Touche Tohmatsu, Ernst & Young, KPMG and PricewaterhouseCoopers are four world-renowned accounting firms. Not long ago, Ernst & Young International Accounting Company's ninth office in China-Wuhan Office in Hubei Province was formally established. Hu, Chairman and Chief Executive Officer of Eastern Region, said Ernst & Young plans to open at least two new offices in China every year, and expects to double the number of employees in China in the next four to five years.

In the past two years, Ernst & Young's growth rate has greatly exceeded the entire consulting industry, and its annual sales have maintained a growth rate of 35%. Ernst & Young established its first permanent representative office in Beijing on 198 1 1, and now China has permanent representative offices in Shenzhen and Guangzhou. 1In July 1992, Ernst & Young and Beijing Huaming Certified Public Accountants jointly established Ernst & Young Huaming Certified Public Accountants, and set up a Shanghai branch in April 1998.

As early as 19 17, Deloitte had recognized the business opportunities in China and set up an office in Shanghai, becoming the first foreign-funded accounting firm to open a branch in Shanghai. From 65438 to 0972, Deloitte had an office in Hong Kong. From 65438 to 0997, Deloitte merged with Huang Guan Chenfang, the largest Chinese accounting firm in Hong Kong. Since 1980s, Deloitte has set up several offices in China, including Beijing, Dalian, Guangzhou, Macau, Nanjing, Shenzhen, Suzhou and Tianjin.

20041October 30th, 165438+ Deloitte announced the comprehensive income performance of its member firms in fiscal year 2004. Member firms in nearly 150 countries contributed 164 billion USD to Deloitte in the past year, ranking first among the four accounting firms.

In the past two years, Deloitte has increased its military expansion in China. In June, 2003, 165438+ 10, at the M&A and Beijing International Summit Forum jointly organized by Deloitte and SASAC, Richard Ballard, global CEO of Deloitte, officially announced that Deloitte plans to invest at least/kloc-0.50 billion US dollars in the next five years to fully expand its business in China. From June 5438 to February 2004, Bao Yi, CEO of Deloitte China, said that Deloitte had the idea and plan to merge local accounting firms in China, and had contact and understanding with Tian Jian in Beijing, Huatian in Tian Jian in Xiamen and Xinde in Tian Jian in Shenzhen of Tian Jian Accounting Firm Group.

On June 5438+early February, 2004, Yang Shaoxing, head of PwC China, revealed that PwC would open more branches in different cities in Chinese mainland. In the next few years, about 1000 fresh graduates will be recruited every year to supplement the new forces, and the total number of employees will eventually reach about 30,000.

According to the data, PricewaterhouseCoopers has more than12,000 professionals in 39 countries and regions around the world, and about 5,500 employees in Chinese mainland, Hong Kong and Macao, including 226 partners. At present, we have established offices in Beijing, Chongqing, Dalian, Guangzhou, Shanghai, Shenzhen, Suzhou, Tianjin and Xi.

KPMG has 85,300 employees (59,700 full-time employees) in 65,438+055 countries around the world, serving half of the Fortune 500 banks and 65,438+000 insurance companies. At present, the company maintains a 5% share in the world consulting market. Among the total income of $3.805438+$0.0565438+$0.65438+$0.00 billion, the income from consulting business has more than tripled from $65438+$0.994. According to the assessment, KPMG ranks first among the four major accounting companies in terms of taxes and employees.

At present, in China, KPMG has set up offices in Beijing, Shanghai, Guangzhou, Shenzhen, Foshan, Hong Kong and Macau, with more than 3,000 professionals.