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

AAA

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

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

INVESTOPEDIA EXPLAINS '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.

RELATED TERMS
  1. Middle Market Firm

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

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

    The systematic and comprehensive recording of financial transactions ...
  4. Audit

    1. An unbiased examination and evaluation of the financial statements ...
  5. Auditor's Report

    Recorded in the annual report, the auditor's report tests to ...
  6. Generally Accepted Accounting Principles ...

    The common set of accounting principles, standards and procedures ...
Related Articles
  1. Uncommon Jobs For Your Finance Degree
    Professionals

    Uncommon Jobs For Your Finance Degree

  2. Introduction To Fundamental Analysis
    Markets

    Introduction To Fundamental Analysis

  3. Material Adverse Effect A Warning Sign ...
    Markets

    Material Adverse Effect A Warning Sign ...

  4. Footnotes: Early Warning Signs For Investors
    Retirement

    Footnotes: Early Warning Signs For Investors

comments powered by Disqus
Hot Definitions
  1. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  2. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  3. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  4. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  5. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  6. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
Trading Center