PricewaterhouseCoopers and Ernst & Young amongst the Forbes : America’s Largest Private Companies

On November 3, 2010, Forbes Magazine has published its special report of ‘America’s Largest Private Companies’.

Within this 26th ranking of the largest privately held firms in the U.S which ranked 223 private companies that qualified as the largest in America, Cargill Inc., a privately held, multinational corporation based in Minneapolis, Minnesota in the U.S with the estimation of $109.84 billion in revenue and 130,500 employees picked on top of the list.

At the second place of the list was Koch Industries, Inc., an American private energy conglomerate based in Wichita, Kansas with the estimation revenue of $100 billion and 70,000 employees. Following by Bechtel Corporation, the largest engineering company in the United States with the headquarter in the Financial District of San Francisco at the third place with $30.80 billion of revenue and 49,000 employees.

There are two of the Big Four Accounting Firms within the top ten biggest companies. PricewaterhouseCoopers ranked at #7 with $26.57 billion in revenue and 161,718 employees, and Ernst & Young at #9 with $21.26 billion in revenue and 141,000 employees.

Here is the list of the top ten biggest companies :

1. Cargill (ranked #1 in 2009)
2. Koch Industries (ranked #2 in 2009)
3. Bechtel (ranked #5 in 2009)
4. HCA (ranked #7 in 2009)
5. Mars (ranked #6 in 2009)
6. Chrysler (ranked #3 in 2009)
7. PricewaterhouseCoopers (ranked #8 in 2009)
8. Publix Super Markets (ranked #9 in 2009)
9. Ernst & Young (ranked #10 in 2009)
10. C&S Wholesale Grocers (ranked #12 in 2009)

Read the complete publication : America's Largest Private Companies and the Complete List

The U.S. 2010 Top 100 Accounting Firms

The INSIDE Public Accounting (IPA) through its August 2010, Vol. 24, Number 8 publication released the list of "The 2010 Top 100 Firms - The Largest Accounting Firms in the U.S."

INSIDE Public Accounting is an independent newsletter for reporting and analyzing news, trends, strategies and politics, published monthly by The Platt Consulting Group. Read more : http://insidepublicaccounting.com/

Here is a little quotation from the publication :

The headline this year focuses on the ability of the IPA Top 100 to move, pivot, change and adapt. Throughout the country, strategic discussions took place among owners to figure out how to react to the challenging economy and how to best position their firms to success once a recovery begins. "TIGHTEN THE BELT!" was the battle cry for most. But beyond that, strategies were as varied as the firms that pursued them.

In the list of the 2010 Top 100 Firms, which was ranked based on the U.S Net Revenue, Deloitte LLP & Subsidiaries of New York seated at the top, ranked #1 with the total revenue of $10,938,000,000. Following, in the 2nd place was Ernst & Young LLP of New York with total revenue of $7,620,000,000. While PricewaterhouseCoopers LLP of New York ranked in the 3rd place with total revenue of $7,369,000,000.

KPMG LLP of New York, RSM McGladrey Inc. and McGladrey & Pullen LLP of Minneapolis and Grant Thornton LLP of Chicago took the 4th, 5th and 6th places respectively.

The ranked of #1 until #12 remain unchanged from that of in 2009. Read further the publication : INSIDE Public Accounting - The 2010 Top 100 Firms

Baker Tilly International, amongst the world’s top ten Accounting Firms

Baker Tilly International is one of the world’s leading networks of independently owned and managed accountancy and business advisory firms united by a commitment to provide exceptional client service.

Baker Tilly International refers to a worldwide network of member firms of Baker Tilly separate and independent legal entity, with 147 high quality, independent accounting and business advisory firms in 114 countries across four geographic areas of Asia Pacific, Europe, Middle East & Africa, Latin America and North America, with more than 25,000 professionals. In Indonesia, Kantor Akuntan Johan Malonda Astika & Rekan (known also as Baker Tilly Indonesia) is an independent member of Baker Tilly International. Being an independent member that is to say each member firm is a separate and independent legal entity. None of Baker Tilly branded entity, Baker Tilly International, nor any of the other independent member firms of Baker Tilly International has any liability for each other’s acts or omissions.

In 2009, Baker Tilly International had been ranked No. 8 (in the top 10) in Global Accounting Networks based on The 2009 International Accounting Bulletin World Survey.

Accountancy Age in its annual survey of “Top 50 UK Accounting Firms, 2009” ranked Baker Tilly in No. 7, after BDO Stoy Hayward. While in 2010, it ranked Baker Tilly in No. 8 after RSM Tenon Group (Read in here).

In 2010, Accounting Today in its annual Top 100 Firms publication ranked Baker Tilly Virchow Krause in No. 13.

The survey reported that Baker Tilly International has maintained its position as the world’s eighth largest accounting network by combined revenue. Of the 10 largest networks, Baker Tilly International was one of only two to report positive growth in 2009 with a total fee income of $3.13 billion.

Vault.com in it its publication of “Vault Guide to the Top 20 Accounting Firms” ranked Baker Tilly in No. 7 after BDO Stoy Hayward LLP within the survey of “The 20 most prestigious UK accounting firms year 2010”.

Baker Tilly can trace its origins back to 1870, with the founding of Walter Howard. Historical name changes and mergers with many different firms have brought the partnership to where it is today. The name Baker Tilly was created in 1988 through the merger between Howard Tilly and Baker Rooke. Today, Baker Tilly is the 7th largest accountancy and business advisory firm in the UK. It is also a member of Baker Tilly International, the world’s eighth largest network of accountancy firms.

The world headquarter of Baker Tilly International is at : 2 Bloomsbury Street, London WC1B 3ST United Kingdom. Visit the website in here

Accountancy Age’s 2010 UK Top 50 Accountancy Firms

Accountancy Age has released its annual survey of "Top 50 + 50 UK Accountancy Firms 2010." Amongst the top ten list, PricewaterhouseCoopers seated at the top, ranked #1, still unchanged from the last year position with the UK fee income of £2,248 million, Deloitte ranked in #2 (unchanged from 2009) with £1,969 million, KPMG took the place of #3 (unchanged from 2009) with £1,630 million. While Ernst & Young placed in the lowest amongst the big four, ranked #4 (unchanged from 2009) with its revenue of £1,383 million.

Grant Thornton UK and BDO Stoy Hayward stood still at the position of #5 and #6 respectively. While RSM Tenon Group moved up from #9 in 2009 to #7. Baker Tilly moved down from the 7th position to the 8th position and Smith & Williamson also moved down from the 8th position to the 9th position. At the bottom of the top ten was PKF (UK), remain unchanged at #10.

“If you thought that 2009 had been a tough year for the UK's top accounting firms, it's got nothing on 2010. Things have gone from bad to worse for the UK's top accounting firms this year. While there was overall nominal growth in the Top 50, 19 firms failed to improve their incomes on the previous year. The situation was even tougher in the +50, where growth rates stagnated,” said Accountancy Age.

Accountancy Age is published in the UK by Incisive Media, one of the world's leading B2B information provider.

Read the complete report from here : Top 50 + 50 Accountancy Firms 2010