Top Five Accounting Firms in the US: 2024

In 2024, the United States accounting business remains controlled by a small number of top firms that are well-known for their experience, extensive service offerings, and global presence. These top five accounting firms support a wide range of clients, from Fortune Global 500 organizations to small and medium-sized businesses, making them the foundations of the sector. These companies, which focus on offering quality assurance, tax, advising, and consulting services, are essential in helping companies navigate the intricate financial and regulatory landscapes.

From providing audit and assurance services to offering strategic advisory solutions, each of these firms brings its unique strengths and advantages to the table. Whether it's Deloitte's innovative approach to risk and financial advisory, PwC's unparalleled global network, Ernst & Young's specialized industry knowledge, KPMG's focus on industry-specific expertise, or Grant Thornton's commitment to personalized service, these accounting giants set the standard for excellence in the field.

PwC (PricewaterhouseCoopers LLP)

In the accounting industry, PwC (PricewaterhouseCoopers LLP) is regarded as a titan due to its unmatched reputation, extensive service offering, and global presence. Being the biggest accounting company in the country, PwC has the honor of working with a wide range of clients, including numerous private and startup companies and 86% of the Fortune Global 500. With its global headquarters located in New York City and operations throughout 158 countries, PwC employs more than 250,000 professionals who are committed to providing exceptional customer service.

PwC offers a wide range of services to meet the unique needs of its clients, including risk assurance, tax consulting, advisory services, and audit and assurance.

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Services

PwC offers a comprehensive range of services including audit and assurance, tax consulting, advisory services, and risk assurance. Their expertise covers various industries, providing tailored solutions to meet client needs.

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Deloitte

Deloitte operates out of over 120 offices across the US with a workforce of more than 94,600 professionals. It ranks number one in the nation by annual revenue and boasts a global network of member firms spanning over 150 countries.

Services 

Deloitte specializes in risk and financial advisory, consulting, tax, and audit and assurance services. Their industry-specific focus and innovative approach set them apart.

Ernst & Young LLP (EY)

Ernst & Young LLP (EY) is an important company in the accounting industry, known around the world for its excellent client service and steadfast dedication to success. EY provides a wide range of services, including assurance, tax, consulting, and transaction advising services. EY is one of the Big Four accounting firms.

With a long history spanning several decades, EY has built a solid reputation for providing clients in a range of industries with specialized solutions. With confidence, businesses can overcome complex problems and embrace growth opportunities because of EY's industry-specific knowledge in a range of industries, including financial services, consumer products, technology, and healthcare.

The core of EY's success is its personnel, a varied and skilled group committed to promoting innovation and teamwork. Because of an environment that values ongoing education and growth, EY professionals

Services 

EY provides industry-specialized services across a wide range of sectors, offering assurance, tax, advisory, and transaction advisory services.

KPMG LLP

A leading organization in the accounting sector, KPMG LLP is well-known for its steadfast dedication to quality and innovation. KPMG is one of the biggest accounting firms in the country, employing over 32,000 professionals and operating offices nationwide.

Being one of the recognized Big Four accounting companies, KPMG provides a broad range of services, encompassing audit, tax, and advisory practices. What distinguishes KPMG is its commitment to offering each client industry-specific knowledge, guaranteeing customized solutions that take into account the particular possibilities and problems they encounter.

KPMG offers services in risk management, technology consulting, and strategic advising, among other areas. KPMG assists customers in navigating complex situations by fusing advanced technology, analytical tools, and in-depth industry experience.

Services 

KPMG provides audit, tax, and advisory services with an industry-specific focus, ensuring top-notch accounting solutions for clients.

Grant Thornton LLP

Grant Thornton is one of the largest independent organizations offering audit, tax, and advisory services worldwide. With revenues exceeding $1.86 billion annually, the firm operates in 58 offices globally, serving both publicly and privately held companies.

Services 

Grant Thornton offers a complete range of services for businesses of all sizes, including audit, tax, and advisory services tailored to meet client needs.

Conclusion

The top five accounting firms in the United States continue to play pivotal roles in shaping the landscape of financial services, offering a broad spectrum of expertise to clients ranging from multinational corporations to emerging startups. Each firm—PwC, Deloitte, Ernst & Young (EY), KPMG, and Grant Thornton—brings its unique strengths and specialized knowledge to the table, ensuring that businesses receive tailored solutions to address their specific challenges and opportunities.

These firms stand out not only for their extensive service offerings, global presence, and commitment to quality but also for their contributions to innovation within the industry. From risk management and financial advisory to tax consulting and strategic advising, they provide comprehensive support to help clients navigate complex regulatory environments and achieve their goals.