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What are the four major accounting firms and what are their characteristics?
The four major financial accounting firms are PricewaterhouseCoopers (PwC), Deloitte (DTT), KPMG and Ernst & Young (EY).

1, PricewaterhouseCoopers (PwC): It is composed of the original Price Waterhouse and Coopers &; Lybrand) was merged on 1 July 19981day.

2. Deloitte (DTT): Deloitte is headquartered in new york, USA. As early as 19 17, Deloitte had recognized the business opportunities in China. Established an office in Shanghai, becoming the first foreign accounting firm to open a branch in this dynamic and prosperous big city.

3. KPMG: KPMG is a professional service organization with a global network, which specializes in providing audit, tax and consulting services.

The Swiss entity of KPMG International Cooperation Organization ("KPMG International") is composed of independent members from all over the country, but all members are separate and different individuals in law. At present, KPMG China has sixteen institutions (including KPMG Enterprise Consulting (China) Co., Ltd.) in Beijing, Shanghai, Shenyang, Nanjing, Hangzhou, Fuzhou, Xiamen, Qingdao, Guangzhou, Shenzhen, Chengdu, Chongqing, Tianjin, Foshan, Hong Kong Special Administrative Region and Macao Special Administrative Region.

4. Ernst & Young (EY): Ernst & Young set up an office in Hong Kong earlier than 1973, and became the first international professional service company approved by the China Municipal Government to set up an office in Beijing in198/0. 1992, Ernst & Young established Ernst & Young Huaming Certified Public Accountants in Beijing. At present, Ernst & Young has more than 6,500 professionals in China, with branches in Beijing, Hongkong, Shanghai, Guangzhou, Shenzhen, Dalian, Wuhan, Chengdu, Suzhou, Shenyang and Macau.

The characteristics of the four major accounting firms:

I. PricewaterhouseCoopers

Features: the largest scale, the largest number of customers.

PricewaterhouseCoopers is the largest of the four, with 85% customers in the world's top 500 enterprises, and the largest number of customers in the four. The projects it has taken over are also relatively large, with more business volume and abundant annual income.

Second, Deloitte

Features: The fastest growing area in China, with a high degree of localization.

Deloitte is the fastest growing of the four China regions. More than 78% of Deloitte's customers are Fortune 500 companies, and it has the most advantages in developing Japanese customers.

Deloitte has a relatively high degree of localization, and the one with the lowest level of English among the four universities, unless it is necessary to communicate with foreigners, its emails are also in Chinese, and most of its official materials and training materials are bilingual.

Third, KPMG

Features: the smallest scale, but high customer quality.

KPMG is the smallest company in the world and mainland China. The advantages in the financial industry are obvious, and the market share of customers in the financial industry is the first. In addition, KPMG has the highest quality customers, and more than 75% of KPMG's customers are Fortune 500 companies.

Iv. Ernst & Young

Features: the least workload, the most attention to employee feelings.

Ernst & Young has the least workload, the least work pressure and the most holidays among the four. However, this does not affect Ernst & Young's performance. More than 80% of its customers are Fortune 500 companies.