Are China s Big Four Accounting Firms Private Companies?

Big Four accounting firms: PricewaterhouseCoopers, KPMG, Deloitte, Ernst & Young.

It's all a foreign company, and it's made up of a lot of partners...

That's true for all accounting firms.

<> the treatment of the Big Four is relatively high in terms of market salary, which is higher than that of other large companies when they first joined. 6800 for undergraduates, 7100 for graduate students, and new recruits can get a salary of 6800 7100.

Compensation and benefits. There is a generous system for overtime pay, differential compensation, medical insurance, and other subsidies. Since this industry is a feminine industry, in terms of employee benefits, the Big Four attach great importance to the development of women in the financial field and within the company, such as Deloitte, which has plans and quotas to promote female employees.

It is particularly worth mentioning that for new students, the company will assign two masters to each new student. The first one is mainly responsible for helping you improve your business. The other is a colleague who joined the company one to two years earlier, helping him adapt to the environment faster in terms of life and corporate culture.

The starting salary of the first year is currently about 7,200 yuan per month, and you can receive 13 salaries in the month of the Spring Festival, and there is no bonus for other projects;

The average salary in the second year is at the level of 8,500 yuan per month, and you can receive 13 salaries in the month of the Spring Festival, and there is no bonus for other projects;

At the junior auditor level, graduate students with the same KPI score receive 300 yuan more per month than undergraduate students until they are promoted to senior auditors.

Senior Auditor:

The average salary in the first year is at the level of 10,000 yuan per month, and you can receive 13 salaries in the month of the Spring Festival, without bonuses for other projects;

The average salary in the second year is at the level of 14,000 yuan per month, and you can receive 13 salaries in the month of the Spring Festival, without bonuses for other projects;

The average salary in the third year is at the level of 17,000-18,000 yuan per month, and you can receive 13 salaries in the month of the Spring Festival, and there is no bonus for other projects;

Junior senior auditors can receive overtime wages according to the hourly salary corresponding to their respective salary levels, a subsidy of about 200 yuan a day when they are on a business trip, 10 days (junior auditors) or 15 days (senior auditors) annual leave, 10 days of paid sick leave, and basically no other benefits.

Managers, Senior Managers:

The starting salary of the manager in the first year is about 30,000 yuan per month, without 13 salaries, and the month-February salary is given as a bonus according to KPI scoring every year.

The starting salary of the senior manager in the first year is about 50,000 yuan per month, and there is no 13 salary, and the salary from month to February is given as a bonus according to KPI scoring every year.

There is no overtime pay for managers and above. There are 20 days of annual leave and 10 days of paid sick leave per year, and there are basically no other benefits.

Partner: To be a partner of the "Big Four" means that you have reached the top of the pyramid of the firm's career, becoming the best 5% at the top of the tower, which requires years of hard work and accumulation, and the partner has a high degree and a high salary, but also bears greater risks. Partners make more money, and usually, they have the right to dividends.

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State-owned enterprises are good. State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that perform the duties of investors on behalf of the state and local people, including enterprises at the same level and enterprises formed by investment at the same level and their level by level supervised by local state-owned assets supervision and administration institutions and other departments.

As a form of production and operation organization, state-owned enterprises have the characteristics of both commercial and public welfare, and their commercial nature is reflected in the pursuit of maintaining and increasing the value of state-owned assets, and its public welfare is reflected in the fact that the establishment of state-owned enterprises is usually to achieve the goal of the state regulating the economy and plays a role in coordinating the development of all aspects of the national economy.

Importance: State-owned enterprises are the eldest sons of the Republic and have made great contributions to the economic construction of our country. In the early years of the founding of the People's Republic of China, in order to give priority to the development of heavy industry and accelerate the industrialization of the country, we acquired state-owned assets and state-owned enterprises. Half a century has passed, and with the establishment of China's socialist economic system, the state's goal of owning state-owned assets and developing state-owned enterprises has been transformed more into maintaining social stability and economic development.

Look at how state-owned enterprises are! If only state-owned enterprises are well treated! It is relatively stable, and state-owned enterprises can be considered!

The firm must learn more things and grow faster, but the future development is quite different, it still depends on personal efforts and opportunities, if you are more confident in your CPA and your ability to deal with the world, you can come to the firm to exercise! In a few years, you can be on your own! But if you want to be stable, you don't feel too tired and too hard!

State-owned enterprises are not bad! Grant Thornton is not fierce in working overtime in a domestic-funded firm! The treatment is average!

Looking at personal character, state-owned enterprises belong to the category of stability and stability, but it is easy to wear down personal morale. Accounting firms are more trained, and in the long run, changing jobs can also be a very good capital. PS: I belong to the category of people who have been discouraged, and now I regret that I didn't go to the office after graduation.

If you are majoring in accounting, you can go to a state-owned enterprise, and if you are majoring in auditing or accounting, you can go to a firm.

The office is very tiring, but it is very fulfilling and the salary is high.

Big Four accounting firms.

It is a personal business.

PricewaterhouseCoopers, that is, PricewaterhouseCoopers.

PriceWaterhouse Coopers (PWC), is an accounting firm. In 1998, his two predecessors, PricewaterhouseCoopers and Coopers, merged in London, England to form what is now PricewaterhouseCoopers. PwC made a profit of about US$28 billion in fiscal 2008 and employs about 146,000 people in 150 countries.

Price Waterhouse Coopers Consulting (PWC) was formed on July 1, 1998 by the merger of the accounting firms Price Waterhouse (Pricewaterhouse) and Coopers Lybrand (Coopers), named PriceWaterhouse Coopers. It has more than 860 subsidiaries and offices in 152 countries and employs more than 155,000 people. In Greater China, PwC has more than 4,000 employees with offices in Beijing, Tianjin, Dalian, Guangzhou, Shanghai, Qingdao, Xi'an, Xiamen, Suzhou, Chongqing, Shenzhen and Shenyang.

Deloitte. With global revenues of US$26.6 billion in 2010, it surpassed PricewaterhouseCoopers to become the world's largest accounting firm with more than 8,000 employees in China. Deloitte is headquartered in New York, USA.

As early as 1917, Deloitte recognized the business opportunities in China. Opened an office in Shanghai, becoming the first foreign accounting firm to open a branch in this dynamic and prosperous metropolis. Deloitte has been based in the Hong Kong Special Administrative Region of the People's Republic of China since 1972.

Having an office is the result of several successful mergers and acquisitions.

KPMG. It is a global network of professional services firms specializing in audit, tax and advisory services. KPMG has 138,000 people in 150 countries.

The Swiss entity of KPMG International Cooperation ("KPMG") is made up of independent members from all over the country, but each member is legally separate and distinct entities. KPMG China is currently in Beijing, Shanghai, Shenyang, Nanjing, Hangzhou, Fuzhou, Xiamen, Qingdao, Guangzhou, Shenzhen, Chengdu, Chongqing, Tianjin, Foshan, Hong Kong SAR and Macau SAR.

There are 16 firms (including KPMG Advisory China****) with about 9,000 professionals.

Ernst & Young FY2008.

The international accounting firm had annual revenues of $24.5 billion, up from fiscal year 2007, and employed 135,000 professionals worldwide. EY is headquartered in London, UK.

The Big Four refers to the four major international accounting firms, PricewaterhouseCoopers, Ernst & Young, Deloitte, KPMG, they and other small and medium-sized firms are auditing listed companies and limited liability companies, and the company issues an annual report at the end of each year, which must be audited by an accounting firm, which is stipulated by law.