Big Four (or Big Five, Big Six, Big Eight)


DEFINITION of 'Big Four (or Big Five, Big Six, Big Eight)'

The largest accounting firms in the United States as measured by revenue.

BREAKING DOWN 'Big Four (or Big Five, Big Six, Big Eight)'

Most of the auditing for public companies is done by these firms. This term is constantly changing largely due to mergers. At one point the grouping was called the Big Eight, then Big Six, Big Five, etc.

  1. Audit

    An unbiased examination and evaluation of the financial statements ...
  2. Middle Market Firm

    A firm with sizeable annual revenues, ranging from $50 million ...
  3. Audit Risk

    The risk that an auditor will not discover errors or intentional ...
  4. Accounting

    The systematic and comprehensive recording of financial transactions ...
  5. Generally Accepted Accounting Principles ...

    The common set of accounting principles, standards and procedures ...
  6. Auditor's Report

    Recorded in the annual report, the auditor's report tests to ...
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