The following table shows key operating statistics for the four largest public accounting firms: a. Determine the
Question:
The following table shows key operating statistics for the four largest public accounting firms:
a. Determine the revenue per partner and revenue per professional staff for each firm. Round to the nearest dollar.
b. Interpret the differences between the firms in terms of your answer in (a) and the tableinformation.
Transcribed Image Text:
U.S. Net Revenues (in millions) $10,980 No. of Professional Staff Deloitte & Touche Ernst & Young PricewaterhouseCoopers KPMG LLP No. of Partners 2,949 2,350 2,198 1,818 32,857 20,250 22,100 16,564 8,232 7,578 5,679 Source: The 2009 Accounting Today Top 100 Firms.
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a Revenue Revenue per per Professional Partner Staff Deloitte Touche 3723296 334175 Ernst Young 3502979 406519 PricewaterhouseCoopers 3447680 342896 K...View the full answer
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