Back برايس ووتر هاوس كوبرز Arabic پرایس واتر هاوس کوپرز AZB PricewaterhouseCoopers Bulgarian PricewaterhouseCoopers Catalan PricewaterhouseCoopers Czech PwC Danish PricewaterhouseCoopers International German PricewaterhouseCoopers Greek PriceWaterhouseCoopers Esperanto PwC Spanish
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| PwC | |
| Company type | Members have different legal structures; both UK and US firms are limited liability partnerships |
| Industry | Professional services |
| Founded | 1998 (PricewaterhouseCoopers) 1849 (Price Waterhouse) 1854 (Coopers & Lybrand)[1] |
| Founders | Samuel Lowell Price Edwin Waterhouse William Cooper |
| Headquarters | London, England, UK |
Area served | Worldwide |
Key people | Robert Moritz (Chairman)[2] |
| Services | Assurance Risk assurance Risk advisory Tax advisory Legal services Data and analytics Management consulting Digital Transformation Financial advisory Forensic accounting |
| Revenue |  US$53.1 billion (2023)[3] |
Number of employees | 364,000 (2023)[3] |
| Website | www |
PricewaterhouseCoopers International Limited[4] is a multinational professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world[5] and is considered one of the Big Four accounting firms, along with Deloitte, EY, and KPMG.[6]
PwC firms are in 157 countries, across 742 locations, with 328,000 people.[7] As of 2019,[update] 26% of the workforce was based in the Americas, 26% in Asia, 32% in Western Europe, and 5% in Middle East and Africa.[8] The company's global revenues were US$50.3 billion in FY 2022, of which $18.0 billion was generated by its Assurance practice, $11.6 billion by its Tax and Legal practice and $20.7 billion by its Advisory practice.[9] The firm in its recent actual form was created in 1998 by a merger between two accounting firms: Coopers & Lybrand, and Price Waterhouse.[1] Both firms had histories dating back to the 19th century. The trading name was shortened to PwC in September 2010 as part of a rebranding effort.[10]
The firm has been embroiled in a number of corruption controversies and crime scandals. The firm has on multiple occasions been implicated in tax evasion and tax avoidance practices. The firm has frequently been fined by regulators for performing audits that fail to meet basic auditing standards. Amid Russia's war in Ukraine, PwC has helped Russian oligarchs to hide their wealth and helped to undermine the global sanctions regime on Russia over its invasion of Ukraine.[11][12]
- ^ a b "Chronology". PricewaterhouseCoopers. Archived from the original on 10 October 2010. Retrieved 27 September 2010.
- ^ "Our leadership team". PricewaterhouseCoopers. Retrieved 14 August 2016.
- ^ a b "PwC Global Annual Review 2023". pwc.com. Retrieved 24 October 2023.
- ^ PricewaterhouseCoopers. "How we are structured". PwC. Retrieved 27 April 2023.
- ^ Dakers, Marion (4 October 2016). "Deloitte overtakes PwC as world's biggest accountant". The Telegraph. Retrieved 24 November 2016.
- ^ "Big 4 Accounting Firms – Who They Are, Facts and Information". accountingverse.com. Retrieved 25 May 2017.
- ^ "Our people". 14 February 2023. Retrieved 14 February 2023.
- ^ "Revenues". PwC. Retrieved 14 February 2023.
- ^ "Revenues". PricewaterhouseCoopers. Retrieved 14 February 2023.
- ^ Sinclair, Lara (20 September 2010). "Logo puts case first and last". The Australian. Retrieved 27 September 2010.
- ^ Chenoweth, Neil (15 November 2023). "Emails show PwC helped Russians dodge sanctions". AFR.
- ^ Weinberg, Neil (14 November 2023). "Cyprus ignores Russian atrocities, Western sanctions to shield vast wealth of Putin allies". ICIJ.
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