About: Big Four

Economy & Jobs 29-06-2021

Commission spending on Big Four consultancy firms grows in 2020

The European Commission’s contracts with PWC, Deloitte, EY and KPMG, known as the ‘Big Four’, continued to increase last year surpassing €156 million, partly due to their rising billing as part of the reform support programme, according to estimates made by EURACTIV.com.
Politics 30-03-2021

MEPs grill Commission about growing expenditure in consultancy firms

A group of 73 MEPs have sent a letter to the European Commission expressing concerns about hundreds of millions of euros spent on consultancy firms and their involvement in policymaking in the wake of an exclusive report by EURACTIV.com.
Economy & Jobs 19-03-2021

EU Court of Auditors looking into Commission’s contracts with consultants 

The European Court of Auditors is examining almost half a billion euro worth of contracts the European Commission has concluded with external consultants to assess whether there is fair value for money in the contracts, a spokesperson of the institution told EURACTIV on Thursday (18 March).
Economy & Jobs 18-03-2021

EXCLUSIVE: Commission’s ballooning bill with consultancy firms revealed 

The European Commission spent more than €462 million between 2016 and 2019 in contracts with the ‘Big Four’ consultancy firms, according to estimates made by EURACTIV based on official documents.
Euro & Finance 25-04-2013

MEPs dilute audit reform rules

European Union plans forcing companies to change accountants regularly were watered down on Thursday (25 April), providing some relief for the "Big Four" auditors that check most large company books.
Brexit 19-02-2013

Big audit firms await UK judgment

The "Big Four" accounting firms should find out this week how their grip on Britain's audit market could be loosened in a ruling Europe and the United States will scrutinise.
Euro & Finance 31-01-2013

Top audit firms brace for new UK, EU rules

PricewaterhouseCoopers held the top spot in rankings for accounting income last year, a sector where fees are being squeezed by increased regulatory scrutiny and competition, according to an industry survey published on Wednesday (30 January).
Competition 28-09-2011

Brussels mulls shake-up of Big Four auditors

The "Big Four" global auditors could be broken up, leaving them susceptible to takeovers if radical European Union plans to boost competition go ahead, a UK auditing official said yesterday (27 September).