From the February 2012 issue of Treasury & Risk magazine

PwC Leads Big 4 in Revenue

Dodd-Frank regs likely to mean higher accounting fees this year.

The Big Four accounting firms are coming off a big year and headed for another, perhaps even bigger one. And if you’re a corporate client, it’s likely going to cost you, according to analysts studying this increasingly concentrated industry.

Big4.com, a leading source for information about the largest accounting firms—PricewaterhouseCoopers, Deloitte, Ernst & Young and KMPG, all private partnerships—recently released a report showing the firms’ revenue grew collectively by 9% in 2011, to $103 billion. That represents a major rebound from the recession years of 2009 and 2010, and tops the previous Big Four revenue record of $101 billion in 2008.

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