New Blog 1: Pwc For Sale

Sunday, 4 November 2012

Pwc For Sale

PricewaterhouseCoopers (trading as PwC) is a multinational professional services firm headquartered in London, United Kingdom.^[2] It is the world's largest professional services firm and the largest of the "Big Four" accountancy firms measured by 2012 revenues.^[5]

PwC has offices in 771 cities across 158 countries and employs over 180,000 people.^[4] It had total revenues of $31.5 billion in FY 2012, of which $14.9 billion was generated by its Assurance practice, $7.9 billion by its Tax practice and $8.7 billion by its Advisory practice.^[4]

The firm was formed in 1998 by a merger between Coopers & Lybrand and Price Waterhouse.^[1] The trading name was shortened to PwC in September 2010 as part of a major rebranding exercise.^[6]

As of 2010 the US PwC firm was the seventh-largest privately owned organization in the United States.^[7]