Audithow Com Alternates Big 4

Top 6 Alternative To Big 4 Auditing Firms That You
Could Consider
Audit Firms
The big 4 accounting firms have their operations spanned across the world because they are
considered to be highly critical in terms of providing much-needed critical support for
companies.
They are not only focused on providing accounting related services but also provide
auditing-related services that can ensure that these companies are able to report their
financial statements with due compliance to the rules and regulations that exist.
These Big 4 companies have their operations spread across all corners of the globe. If they
are not physically present in some of the locations, they have partner firms that help them
make a footing in those particular locations. The list of the most prominent Big 4 Auditing
companies includes Ernst and Young, Deloitte. Price Waterhouse Coopers (PWC), and KPMG.
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However, given the number of companies that exist across the globe, it is not practically
possible for the Big 4 companies to cater to all the clients. Therefore, the clients that the Big
4 companies cater to are mostly big clients that have a substantial size of business.
In the same manner, the fee charged by these Big 4 firms are considerably high, therefore, it
might not always be affordable for all the companies, especially small and medium-sized
enterprises.
Therefore, in that case, clients have no option but to resort to other alternates that are
present to offer accountancy-related services. Here is a list of the top 6 alternates of Big 4
Firms.
1) CohnReznick LLP:
CohnReznick is a US based accounting firms. With headquarters in New York, it is considered
as the 14th largest accounting firm in the U.S by annual revenues. In the year 2019, they
reported a revenue of $689 million. The scope of operations of CohnReznick include advisory,
assurance and tax revenues.
https://www.cohnreznick.com/
This is further spread across numerous different industries including affordable housing,
commercial real estate, private equity, hospitality, manufacturing and distribution,
renewable energy, technology, governmental contractors, so on and so forth. It is a fairly
large, as well as a reputed firm, and employs as many as 3000 people, with around 275
partners across the world.
See also How to Write-off Bank Loans? ( Explanation and Journal Entires)
2) Grant Thornton International:
Grant Thornton LLP is considered as an American member firm of the Grant Thornton
International. It is considered as the seventh network in the world in terms of fee income.
They also have widespread operations that span across 59 offices in the United States, as
well as 8500 employees, and 550 partners. Grant Thornton has three broad service lines:
audit, tax, and advisory services.
They also offer specialized advisory-related services. Their main area of expertise includes
compliance (mainly with Sarbanes-Oxley Act), mergers and acquisitions, as well as tax and
business-related evaluations.
Their target industries are quite diverse. They include a multitude of clients from
construction, distribution, energy, financial services, food, and beverage, as well as health
care.
3) Baker Tilly LLP:
Baker Tilly, LLP is a CPA firm. It is headquartered in Chicago. It is ranked alongside the top
15 largest CPA firms in the United States. It is spanned across 148 countries, with a member
representation of 123 partner firms. It is classified as the 10th largest accounting network in
the world, by revenue.
The extensiveness of their operations can also be gauged by the fact that they employ 4600
team members, and that also includes 440 partners. Within the US, they have
representation (and hence serve) in all states. They have more than 50 offices and locations
throughout the country. Its independent member firms have combined revenues of $4.0
billion.
4) Plante Moran:
Plante Moran is one of the oldest accounting firms. They are now in their 98th year of
operations, which speaks volumes about the kind of experience they have under their belt. It
has headquarters in Southfield Mich. Over the recent years, their growth has exponentially
grown since they now take on more clients than ever before. The firm is known to serve
clients in the areas of audit, tax, consulting, as well as wealth management.
See also What is Unrestricted Fund Balance?
It is classified as the 11th largest audit, accounting, and tax firm in the United States. It
employs around 3000 people and has as many as 27 offices across various different states
in the United States.
The main area of focus for Plante Moran is towards audit, tax, consulting, as well as wealth
management. It is mainly recognized for its team-oriented culture that fosters a greater and
promising collaboration with the relevant clients.
5) Moss Adams LLP:
Moss Adams is based in Seattle, and provides services pertaining to accounting, consulting,
as well as wealth management. It has been around for a time period of 110 years. It has as
many as 3400 professionals, which span across 25 years. In addition to that, they also have
offices in Oregon, California, Arizona, New Mexico, Kansas, Colorado, and Texas.
https://www.mossadams.com/home
They serve a diverse range of industries, which broadly include apparel, communications,
construction, automotive, financial services, health care, and life sciences. It is categorized
as the 11 largest firms, in accordance with revenues.
During the last fiscal year, the amount a sum of around $768 Million. In the same manner,
they have severe private clientele that provides asset management services through an
affiliate company under the name of Moss Adams Wealth Advisors LLC.
6) Smith And Williamson:
Smith and Williamson’s firm is regarded as the eighth largest accounting firm in the world.
They are based in London, but they have spanned their operations across 550 offices in over
100 countries. It is a UK member firm of Nexia International, which is an organizational
network of accounting, audit, as well as consulting firms.
See also Auditing Accounts Payable (Assertion and Procedures)
https://smithandwilliamson.com/en/
With more than 130 years of experience under their belt, they have an employee base of
1800, only in the United Kingdom. As of March 2019, they had a fund under management of
advice of around USD 29.4 Million.
For organizations that have a global outreach particularly in the UK, this is a very viable
alternative to the Big 4, since their scope of operations is considerably widespread in this
regard.
Hence, it tends to be a very vital choice of companies, especially for companies that are
connected with the UK because of a partnership or a collaboration of some sort.
In addition to these 6 alternates that are presented to Big 4 firms, it can be seen that there
are a couple of other accounting firms too that continue to serve clients on various grounds
and dimensions.
However, when choosing an accounting firm, it is highly important to ensure that proper
research is undertaken by companies in order to figure out if the chosen accounting
company is specialized in the area where they are operating.
It is important to have an accounting firm that is well-aligned with the objectives of the
company so that maximum value can be leveraged as a result of onboarding.
Therefore, it can be seen that there are numerous different alternate to big 4 firms that can
be used by medium and big sized enterprises in order to attend to accounting, tax and audit
related companies.
These companies might offer different services from the typical services that are offered by
the Big 4 clients. However, there services might differ on a number of grounds, yet they can
be chosen by clients depending on the industry they are a part of, and the end result they
are seeking from the particular accounting company.
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Top 6 Alternative To Big 4 Auditing Firms That You

considered to be highly critical in terms of providing much-needed critical support for

CohnReznick is a US based accounting firms. With headquarters in New York, it is considered

assurance and tax revenues.

commercial real estate, private equity, hospitality, manufacturing and distribution,

renewable energy, technology, governmental contractors, so on and so forth. It is a fairly

partners across the world.

2) Grant Thornton International:

audit, tax, and advisory services.

3) Baker Tilly LLP:

the world, by revenue.

clients in the areas of audit, tax, consulting, as well as wealth management.

See also What is Unrestricted Fund Balance?

in the United States.

promising collaboration with the relevant clients.

5) Moss Adams LLP:

as the 11 largest firms, in accordance with revenues.

6) Smith And Williamson:

100 countries. It is a UK member firm of Nexia International, which is an organizational

network of accounting, audit, as well as consulting firms.

See also Auditing Accounts Payable (Assertion and Procedures)

advice of around USD 29.4 Million.

connected with the UK because of a partnership or a collaboration of some sort.

research is undertaken by companies in order to figure out if the chosen accounting

company is specialized in the area where they are operating.

company so that maximum value can be leveraged as a result of onboarding.

are seeking from the particular accounting company.

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