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Big 4 firms audit fewer companies, analysis shows

Tammy Whitehouse | June 5, 2018

While their share in the public company audit market is relatively steady, Big 4 firms are doing fewer public company audits as the number of public companies continues to decline.

EY audits 921 publicly listed entities or 15 percent of all U.S. registrants, more than any other audit firm, according to a 2018 analysis by Audit Analytics. The next three Big 4 firms are clustered closely together in second through fourth places. PwC audits 658 entities or 10.7 percent; Deloitte has 640 accounts, or 10.4 percent of entities; and KPMG has 631 engagements, or 10.2 percent.

Those numbers are lower in 2018 than they were in 2017 for all four firms, although market shares are similar. EY led last year with 947 engagements followed by PwC at 696, KPMG at 665, and Deloitte at 642. Deloitte leap...

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