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lgt_celticwolf t1_iy00ert wrote

Reply to comment by JohnRichJ2 in [OC] 'Big 4' accounting firms are PwC, Deloitte, KPMG, and EY - breaking down how they make money by giteam

Well this is actually pretty much correct, these sectors all have to be independant from eachother, eg you cant use kpmg to audit if you use them for consulting. These companies often pass clients to eachother ina you scratch my back I scratch yours. Its partly how they manage to keep eachother in the top spots.

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numberpack17 t1_iy0lgv5 wrote

Your first point is true, but your second point is pure conspiracy. These firms work on the largest companies due to a multitude of reasons, but not the one you listed. Primarily due to: staffing, geographical presence, reputation, etc.

I’ve worked on audits where a competitor (big 4) was doing advisory work and constantly trying to get management to switch to them for audit work. There is very much no back scratching.

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