Pricewaterhouse Coopers: About
Pricewaterhouse Coopers: About
Pricewaterhouse Coopers: About
About
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History
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PwC ranks as the second largest professional services firm in the world behind Deloitte, and
is one of the Big Four auditors, along with Deloitte, EY and KPMG. Vault Accounting 50 has
ranked PwC as the most prestigious accounting firm in the world for seven consecutive years,
as well as the top firm to work for in North America for three consecutive years.
PwC is a network of firms in 157 countries, 742 locations, with 276,000 people. As of 2019,
26% of the workforce worked in Asia, 26% in America and the Caribbean and 32% in Western
Europe and 5% in Middle East and Africa.
The company's global revenues were $42.4 billion in FY 2019, of which $17.4 billion was
generated by its Assurance practice, $10.7 billion by its Tax and Legal practice and $14.4
billion by its Advisory practice. PwC provides services to 422 out of 500 Fortune 500
companies.
The firm was formed in 1998 by a merger between Coopers & Lybrand and Price
Waterhouse. 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.
PwC is the 5th-largest privately owned company in the United States
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ABOUT
Values
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ABOUT
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ABOUT
Vision Our purpose is to build trust in society and solve important problems.
Integrity
Make a difference
Values Care
Work together
Reimagine the possible
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HISTORY
Year of Establishment Milestones
1998
• The firm was formed in 1998 by a merger
between Coopers & Lybrand and Price
Waterhouse.
Expertise • As of 2017, PwC is the 5th-largest privately owned
company in the United States
PWCs experts specializing in startup • For the year ending 30 June 2018, PwC’s gross
companies will support clients in the early revenues were US$41.3 billion, up 7% on the
stages of the business as well as in previous year.
questions related to growing their business. • In FY18, PwC firms provided services to 429 of the
Global Fortune 500 companies and more than
100,000 entrepreneurial and private businesses.
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SWOT Analysis
Strengths
Weaknesses
1. PwC have a large client base many of which are repeat clients.
2. Many business units apart from financial services like, Consumer & Industrial Product 1. Stiff competition from other leading industry players means
Service, Private Company Service etc.
restricted market share for PwC
3. PwC have a very extensive geographical reach with presence in 150+ countries
4. PwC have a workforce consisting of the best talent pool 2. Certain work-related controversies and allegations have
5. It is the world's largest professional services firm and one of the largest of the "Big Four" marred the brand image at times
accountancy firms
6. Has nearly 220,000+ employees globally
7. PwC has excellent advertising through commercials, which has created a strong brand
awareness
8. The company has been regarded as one of the best places to work and has won several
awards SWOT
Opportunities Threats
1. PwC can benefit from the growing prospects in emerging economies 1. Expansion of competitors can affect PwC's business
2. There are many opportunities in providing compliance solutions 2. Fluctuating global economy affects operations
3. Increase in companies looking for expert business solutions
4. Acquisition of smaller firms can benefit PwC
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RECENT NEWS
• PwC takes home Regulation Asia consulting firm of the year award
https://www.consultancy.asia/news/2694/pwc-takes-home-regulation-asia-consulting-firm-of-the-year-
award
• Regulation Asia Awards: PwC Wins Consulting Firm of the Year
https://www.regulationasia.com/regulation-asia-awards-pwc-wins-consulting-firm-of-the-year/
• EY and PwC also sold consulting work to Thomas Cook https://www.consultancy.uk/news/22862/ey-and-
pwc-also-sold-consulting-work-to-thomas-cook
• Consulting Giants PwC and KPMG Create New Global Comms Roles
https://www.holmesreport.com/latest/article/consulting-giants-pwc-and-kpmg-create-new-global-
comms-roles
• Communications executive Michael Stewart joins PwC in global role
https://www.consultancy.uk/news/22886/communications-executive-michael-stewart-joins-pwc-in-
global-role
• PwC rated as a Leader among European and Asia Pacific Cybersecurity Consulting Providers
https://moderndiplomacy.eu/2019/11/07/pwc-rated-as-a-leader-among-european-and-asia-pacific-
cybersecurity-consulting-providers/
To better understand our community impact across the globe and our
ambition to create a better society for tomorrow.
https://www.pwc.com/gx/en/corporate-responsibility/pdf/global-cr-
community-strategy-map-2018.pdf
Climate change and resource scarcity are major forces shaping our
future
https://www.pwc.com/gx/en/corporate-responsibility/pdf/global-cr-
environment-strategy-map-2018.pdf
https://en.wikipedia.org/wiki/Pricewaterhouse
Coopers#Recognition
https://www.pwc.com/gx/en
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Thank You !
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