The Big Four is a group of four professional bhv services firm and the largest international accounting, which handles the majority of the audit work for public companies maupunperusahaan closed. Big Four firms are as follows:
This group was known as the "Big Eight", and reduced to the "Big Five" through a series of mergers. Big Five became bhv the Big Four after keruntuhanArthur Andersen in 2002, because of his involvement in the Enron scandal.
Then in 1989, the Big Eight turned into Big Six when Ernst & Whinney joined Arthur Young to form Ernst & Young in June and Deloitte, Haskins & Sells joined Touche Ross to form Deloitte & Touche in August. Big Six include:
Furthermore, the Big Six turns into the Big Five in July 1998 at the time of joining Price Waterhouse Coopers & Lybrand to form PricewaterhouseCoopers. Big Five include:
Big Five eventually became the Big Four after the collapse of Arthur Andersen in 2002, because of his involvement in the Enron scandal. Accounting firm Arthur Andersen was charged against the law for destroying documents bhv related to auditing Enron, and cover up the loss of millions bhv of dollars in the Enron scandal that exploded in 2001. Results of the legal decision effectively causing global bankruptcy of business Arthur Andersen. Colleagues in offices around the world under the banner of Arthur Andersen completely sold and mostly becoming a member of international accounting firms. In the United Kingdom, the local partner bhv of Arthur Andersen mostly joined Ernst & Young and Deloitte. In Indonesia, the partner of Arthur Andersen finally joined Ernst & Young.
The bankruptcy of Arthur Andersen leaving only four international accounting firms throughout the world, causing major problems for large international companies, because they are required to use a different accounting firm to audit the company and the work of non-audit services. Therefore, the loss of one of the big accounting firms that have lower levels of competition between firms and cause increased burden of accounting for multiple clients.
Is one of the firm that has the highest total global bhv revenues (achieved in 2013) among the Big Four other members that the total income of $ 32.4 Billion. Deloitte is headquartered in the United States. Growth Delloitte Touche Tohmatsu globally increased significantly in recent years, and also compete with PricewaterhuseCoper Keat in terms of revenue. Deloitte has a workforce of more than 200,000 professionals and has more branches than 150 countries worldwide. In Indonesia, Deloitte in collaboration with the Office of Osman Bing Satrio & Eny and are located in two places, namely Jakarta and Surabaya.
Services offered in the form of attestation services & kosultan, audit services is one of the types of services offered by Deloitte bhv for its assurance. As for his assurance, Deloitte forward consultation on the adoption of IFRS-based financial statements (International Financial Reporting Standards)
Services rendered in the form of inputs professional opinion to clients in need. Generally consultation form of the target market, the location of the establishment of the factory, legal issues in Indonesia, etc. Foreign clients typically need to employ a reliable and professional consultation before founding his company here.
In the form of services related to risk management and compliance in the company, both in the operational side, technical and financial companies. Services in question bhv include: Control Assurance: Helping companies create and oversee SOP made to run well in a corporate environment. Internal Audit: See if the specified SOP company has been run and the maximum by each division. Security Service: Dealing bhv with the data's security level of the company. Risk Management: Minimize the risks that may occur in the management bhv of the company, for example: Turn-over of high employee Regulatory Compliance: Keeping companies abiding by regulations made by the government
In the form of advisory services focused on matters relating to the financial statements. If Consulting may be more emphasis bhv towards technical, but more towards the financial advisory financial statements
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