The following table shows key operating statistics for the four largest public accounting firms: a. Determine the
Question:
The following table shows key operating statistics for the four largest public accounting firms:
a. Determine the revenue per partner and revenue per professional staff for each firm. Round to the nearest dollar.
b. Interpret the differences between the firms in terms of your answer in (a) and the tableinformation.
Transcribed Image Text:
Revenue Split U.S. Net Revenues No. of Professional Management Advisory Services No. of Accounting (in millions) Partners Staff Auditing Tax (MAS) Deloitte & Touche Ernst & Young PricewaterhouseCoopers KPMG LLP Source: The 2005 Accounting Today Top 100 Firms. $6,876 2,568 5,511 2,000 5,189 2,200 4,115 40% 67 65 72 34% 20,273 16,489 21,210 11,866 30 30 28 1,585
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a Revenue Revenue per per Professional Partner Staff Deloitte Touche 2677570 339170 Ernst Young 2755...View the full answer
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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