{"id":49265,"date":"2026-02-10T16:50:30","date_gmt":"2026-02-10T11:50:30","guid":{"rendered":"https:\/\/mirchawala.com\/blogs\/?p=49265"},"modified":"2026-02-10T17:13:26","modified_gmt":"2026-02-10T12:13:26","slug":"big-4-accounting-firms-in-hong-kong","status":"publish","type":"post","link":"https:\/\/mirchawala.com\/blogs\/big-4-accounting-firms-in-hong-kong\/","title":{"rendered":"Unveiling the Big 4 Accounting Firms in Hong Kong:  Shaping the Global Business"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Earlier, the global accounting sector was dominated by the Big Eight companies. With time, this number consolidated to the current Big 4 \u2013 KPMG, EY, PwC, and Deloitte after several mergers and dissolutions started in the late 1980s. These companies&#8217; combined sales of nearly $200 billion demonstrated their remarkable industry influence.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">KPMG, EY, PwC, and Deloitte specialise in financial accounting and auditing services. Besides, their area of expertise has expanded along with the accounting profession. These days, the Big 4 accounting firms provide a wide range of professional services, such as taxation, data assurance, digital transformation, management consulting, corporate finance counsel, and Fintech<\/span><\/p>\n<h2><b>The Big 4 Accounting Firms in Hong Kong: The Complete Breakdown<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Let\u2019s check through each of the four accounting firms to understand their impact and standing in the industry:<\/span><\/p>\n<h3><b>Deloitte<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Founded<\/b><span style=\"font-weight: 400;\">: 1845\u200b<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Employees<\/b><span style=\"font-weight: 400;\">: Over 4 Lakh<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Global Presence<\/b><span style=\"font-weight: 400;\">: Over 150 countries\u200b<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>U.S. Headquarters<\/b><span style=\"font-weight: 400;\">: New York, NY\u200b<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Established in the year 1985, Deloitte ranks at the top among the <a href=\"https:\/\/mirchawala.com\/acca-in-hong-kong\">big 4 accounting firms in Hong Kong<\/a>. The organization prioritizes operations, strategy, technology, and people resources. Deloitte typically recruits interns, undergraduates, and recent MBA graduates. It promotes integrity and ethics and seeks candidates who possess these attributes. The company strives to help its clients significantly. Deloitte is often ranked among the top five most desirable places to work, the Best Place to Launch a Career, and the Most In-Demand Employer. You can anticipate working with Fortune 500 financial firms if you work for Deloitte.<\/span><\/p>\n<h3><b>PricewaterhouseCoopers (PwC)<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Formed<\/b><span style=\"font-weight: 400;\">: 1998 (merger of Price Waterhouse and Coopers &amp; Lybrand)\u200b\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Employees<\/b><span style=\"font-weight: 400;\">: Over 3 Lakh\u200b<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Global Presence<\/b><span style=\"font-weight: 400;\">: 152 countries\u200b\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>U.S. Headquarters<\/b><span style=\"font-weight: 400;\">: New York, NY\u200b<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">World\u2019s second-largest professional services network, PricewaterhouseCoopers or PwC, holds a solid industry reputation. The company presently holds over 328,000 people and has a global presence spanning 152 countries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over 148,000 new employees joined the organization in 2022 alone. Although the company&#8217;s revenue by the end of Fiscal Year 2022 exceeded $50.3 billion, its rise was not as significant as that of other Big Four accounting companies. Currently chaired by Robert Moritz, the company has its headquarters in New York.<\/span><\/p>\n<h3><b>Ernst &amp; Young (EY)<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Formed<\/b><span style=\"font-weight: 400;\">: 1989 (merger of Ernst &amp; Whinney and Arthur Young &amp; Co.)\u200b<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Employees<\/b><span style=\"font-weight: 400;\">: Over 4 Lakh<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Global Presence<\/b><span style=\"font-weight: 400;\">: 150 countries<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>U.S. Headquarters<\/b><span style=\"font-weight: 400;\">: New York, NY\u200b<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Ernst &amp; Young, or EY, is a globally known professional services firm. It offers assurance, tax, transaction, and advisory services to companies across a wide range of industries.\u00a0 One of the major accounting firms in Hong Kong, EY, came into existence when Arthur Young merged with Ernst and Whinney in 1989. The company has active firms in more than 150 territories across the world, and it has a team of over 300,000 professionals. With its headquarters in London, the company is ranked as the 11th largest organisation in the world.<\/span><\/p>\n<h3><b>KPMG<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Formed<\/b><span style=\"font-weight: 400;\">: 1987<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Employees<\/b><span style=\"font-weight: 400;\">: Over 2 lakh<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Global Presence<\/b><span style=\"font-weight: 400;\">: 142 countries\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>U.S. Headquarters<\/b><span style=\"font-weight: 400;\">: New York, NY\u200b<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The last name in the list of big 4 accounting firms, Klynveld Peat Marwick Goerdeler (KPMG), holds a solid market presence with offices in every state in the United States and operations across 143 countries worldwide. Known as KPMG, this organization employs over 265,000 individuals and maintains offices in over 143 countries. KPMG has witnessed continuous growth throughout its journey. Almost every service stream saw an increase in revenue, including advising, auditing, tax, and legal services. Bill Thomas, Global Chairman and CEO, presently leads the corporation.<\/span><\/p>\n<h3><b>Frequently Asked Questions<\/b><\/h3>\n<h4><em><b>Which are the best Big 4 accounting firms in Hong Kong?<\/b><\/em><\/h4>\n<p><span style=\"font-weight: 400;\">PwC&#8217;s auditing practice is the first, followed by Deloitte, EY, and KPMG.<\/span><\/p>\n<h4><em><b>Is it hard to get hired by the Big 4?<\/b><\/em><\/h4>\n<p><span style=\"font-weight: 400;\">Getting one of the Big 4 jobs that are open each year is not simple. In the US alone, the Big 4 corporations receive millions of applications each year! The Big 4 enterprises do not disclose their acceptance rates because they are private businesses.<\/span><\/p>\n<h4><em><b>What skills are needed to succeed at a Big 4?<\/b><\/em><\/h4>\n<p><span style=\"font-weight: 400;\">Strong analytical abilities, meticulousness, and a strong foundation in accounting or finance\u2014often proven by a relevant degree are required to succeed at the Big 4 accounting firm.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier, the global accounting sector was dominated by the Big Eight companies. With time, this number consolidated to the current Big 4 \u2013 KPMG, EY, PwC, and Deloitte after several mergers and dissolutions started in the late 1980s. These companies&#8217; combined sales of nearly $200 billion demonstrated their remarkable industry influence.\u00a0\u00a0 KPMG, EY, PwC, and [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":49266,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2258,2138],"class_list":["post-49265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-accounting-firms-in-hong-kong","tag-big-4-accounting-firms-in-hong-kong"],"_links":{"self":[{"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/posts\/49265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/comments?post=49265"}],"version-history":[{"count":3,"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/posts\/49265\/revisions"}],"predecessor-version":[{"id":49269,"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/posts\/49265\/revisions\/49269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/media\/49266"}],"wp:attachment":[{"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/media?parent=49265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/categories?post=49265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mirchawala.com\/blogs\/wp-json\/wp\/v2\/tags?post=49265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}