This presentation helps to identify the market interpretation of BIG 4 Auditing Giants. Everything is detailly well explained. It includes Market share capital, Labour, Turnover, Internship details etc! It will be much useful for MBA finance students.
2. BIG 4 ???
• Audit Firms
• Consists of Four big Firms, namely;
---> Deloitte & Touche
---> Ernst & Young
---> KPMG
---> PWC (Pricewaterhousecoopers)
3. Company Profile
• Big Four are the four largest integrated international professional
services network.
• These Four firms have entered into an agreements with other member
firms to share a common name, brand and quality standards.
• They do extend their services for Public and Private companies.
• They created an oligopoly market in auditing large companies.
5. Aspiring to work for… Deloitte
• Largest Multinational professional services company.
• Founded in 1845 by William Deloitte.
• Headquartered at New York, USA.
• Has 150+ offices worldwide.
• Has total of 2,00,000 professionals.
6. Reported Fee Income
According to survey from (IAB)
International Accounting Bulletin
Source:
http://economia.icaew.com/news/january-2014/deloitte-replaces-pwc-as-biggest-firm#content
7. Share in the Market
26%
Turnover
21% 26%
19%
3%
5% 00%%
Delloitte PwC EY KPMG Grant Thornton BDO RSM Tenon Smith & Williamson
8. Man Power
Total Employees Revenue per Employee
• Deloitte ------------------ 2,00,000 $1,62,000
• PWC ------------------ 1,84,000 $1,74,456
• Ernst & Young ---------- 1,75,000 $1,47,428
• KPMG -------------------- 1,55,000 $1,50,968
Source: Wikipedia.org
9. Labour Vs Turnover
Man power
Turnover in crores
200000
180000
160000
140000
120000
100000
80000
60000
40000
20000
0
Deloitte KPMG Ernst & Young PWC
Turnover in crores Man power
COMPANIES TURNOVER IN
CRORES
MAN POWER
DELOITTE 194400 200000
KPMG 192600 184000
ERNST&YOUNG 140520 175000
PWC 154800 155000
10. Labour-capital
Professionals capital ratio
Delloitte PwC EY KPMG Grant Thornton BDO RSM Tenon
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0
Labour capital ratio 0.6172 0.5607 0.7364 0.641 0.8444 0.1782 0.8
Labour capital ratio
Source: deloitte.com
11. Deloitte Company
Source: http://ir.theice.com/investors-and-media/stock-information/default.aspx
12. Career Path
• Knowledge of Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
• Macro knowledge is a plus.
• Accountable for work accuracy.
• Recruits- brightest and the best – whatever
their specialisation.
Source: www.fresherupdate.com
13. Continued..
• Undergrads come in as Analysts while MBA will usually come in as Consultant.
• After that, you progress to Senior Consultant,
Manager, Senior Manager, and finally Principal/Director.
• Offers one month MBA Internship
– consisting of 1 week of training
and 3 weeks working on a project.
14. Deloitte offices in India
• Present in 13 cities with a total strength of more than 5,000 employees.
Chennai office
Old No.37, New no 52,
7th Floor, Asv N Ramana Tower,
Venkatnarayana Road, T Nagar,
Chennai- 600017
TamilNadu
Source: Deloitte.com
•
15. THANK YOU ALL
AND TO PROF. DR. JAMES DANIEL PAUL
HAYAGREEVAN GP
14MBA1093
FIRST MBA, BATCH II
VITBS CHENNAI
HAYAGREEVA8@GMAIL.COM