Monday, August 23, 2021

My post on 22-08-2021 on LInkedIN re: The Big Four

 This is what CA Neeraj Arora posted yesterday on LinkedIN.

 It is the dream of many CA students to work in big firms and top firms.

Big4s have more than 3 LAKHS EMPLOYEES IN INDIA and more than 11 LAKH EMPLOYEES IN THE WORLD.

 67% of the listed companies in India are being audited by the Big4s.

99.4% of the listed companies in the world, which means 497/500 companies of S&P 500 are being audited by the Big4s.

Financials of companies like Apple, Amazon, Microsoft, Google, Facebook, Netflix, Reliance, TATA, Aditya Birla Group, HDFC are audited by Big4s.

Have you ever wondered how life in Big4s & Top Corporates is?

In the latest video of Neeraj Arora YouTube channel, Archit Agarwal has discussed the same.

Through this video, you will also get to know why you should start your career from a big firm or top firm?

To know the complete details check out the video now.

Link to the video is in the first comment.

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This is what have I posted. I post this here for the benefit of the readers.  

 #supriowrites #bigfour #pwc #deloitte #ey #kpmg

Neeraj Arora You're wrong. The dream is to become a successful CA. And to reach that destination become a successful student. End of the story.

The Big Four global statistics you have collected from Google doesn't add any value to the journey of kaamyaabi to anybody. You've given free publicity to the Big Four which they don't deserve.

I'm a writer. I write case studies. For a long long time. Always remembering them for the wrong reasons. Read my last article where I've written about the sweeping changes the UK government has made to wipe out the dominance of the Big Four. They have scrapped the audit regulator Financial Reporting Council (FRC) which will be replaced by a new audit regulator Audit Reporting and Governance Authority (ARGA) in 2023.

Things Chartered Accountants in India should take note of.

You need to read a lot before writing all this. Read about what the Big Four has done in UK, USA, China, Germany. You'll get the long list of all the countries where PwC has cases against them. Check Wikipedia. There are thirty one cases involving PwC across the globe in countries like US, Japan, India, Russia, UK, Ireland, Luxembourg, Brazil, Australia, Italy, Spain, Ukraine and Angola. But this list may not be exhaustive. These cases will be written about and discussed later. 

And then get back. We will tally with all that I've written.

Neeraj Arora You have deleted what I have written as you didn't like to hear the truth. But I would like my readers to read it here.