Depends on your role. If you're going into advisory or anything strategic, Deloitte would be the better option. However, if you're going into Audit/Tax then KPMG would be the better fit.
PwC and Deloitte are the most prestigious
PwC and Deloitte will cost more, EY somewhere in the middle, and KPMG will sometimes even take a hit on their margin in order to get the project (so they can use that to build better relationships with the client).
KPMG is one of the world's leading professional services firms and the fastest growing Big Four accounting firm in the United States. With 90+ offices and more than 39,400 employees and partners through out the U.S., we're leading the industry in new and exciting ways.
The PCAOB investigation revealed that, for at least five years up to 2022, KPMG personnel exchanged questions and answers for mandatory internal tests on US audit standards, professional ethics, and conflict of interest management.
PCAOB Criticizes Deloitte for the Same Quality Control Problems Three Years in a Row; Flags Deficiencies at Six Firms. The Public Company Accounting Oversight Board (PCAOB) has criticized Deloitte & Touche LLP for failing to address quality control (QC) problems found during 2020 audit inspections.
The biggest downside is the demanding pressures of constantly trying to balance work and life. This is especially difficult if you are married and/or have kids. Although the firm preaches work/life "balance", this really is not the case. You can only focus 100% on one or the other.
KPMG, the smallest of the Big Four by most metrics, is tougher to parse. According to careers advice site thecambridgeconsultant, the firm received around 50,000 applicants to 3,900 roles in the USA, an acceptance rate of around 7.8%.
PwC scored higher in 9 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Senior Management, Compensation & Benefits, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook. Both tied in 1 area: Work-life balance.
KPMG is the smallest and most European-focused of the Big Four, although it still operates in 143 countries (so it's hardly a start-up!). It has a strong consultancy and advisory side to complement its audit work.
Which big 4 accounting firm pays the most? Well it depends on which practice you want to go into. If you want to make the most money in consulting, Deloitte pays the best. However if you want to make the most money in auditing or tax PwC is likely your best bet.
Deloitte has a heavy focus on the quality of their people whilst the other three balance people, environment, and learning opportunities between them.
The highest-paying job at KPMG India is a Managing Partner with a salary of ₹64.4 Lakhs to ₹1.9 Crore per year. The top 10% of employees earn more than ₹27.98 lakhs per year. The top 1% earn more than a whopping ₹54.99 lakhs per year.
Deloitte scored higher in 9 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, Compensation & Benefits, Career Opportunities, Recommend to a friend and Positive Business Outlook. Both tied in 1 area: CEO Approval.
KPMG has an employee rating of 3.7 out of 5 stars, based on 51,172 company reviews on Glassdoor which indicates that most employees have a good working experience there.
While they are both considered prestigious firms, Deloitte is more known for its strategy work other than KPMG. As such, Deloitte S&A's salaries are usually higher than KPMG and exit opportunities are more likely to be in strategy & operations.
The average KPMG salary ranges from approximately $47,738 per year for Coordinator to $139,900 per year for Senior Pricing Specialist. Salary information comes from 4,032 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
Preferred GPA of 3.0 or above. Coursework or minor in information systems, software engineering, computer science or data and analytics preferred; experience with data analysis tools such as Alteryx or Power BI preferred.
KPMG has an overall rating of 3.7 out of 5, based on over 72,754 reviews left anonymously by employees. 71% of employees would recommend working at KPMG to a friend and 60% have a positive outlook for the business.
Apple names Ernst & Young auditor, dismisses KPMG. SAN FRANCISCO, Feb 27 (Reuters) - Apple Inc on Friday named Ernst & Young as its independent accounting firm, replacing KPMG, which had audited the company's books for more than a decade.
The commission also found that numerous KPMG audit professionals cheated on internal training exams by improperly sharing answers and manipulating test results. In June 2022, the SEC fined Ernst & Young LLP $100 million for cheating on CPA ethics exams.
KPMG is not just about business; it's about making a positive impact on society. The firm's commitment to ethical conduct, environmental sustainability, and community support demonstrates its dedication to social responsibility, making it a fulfilling place to work.
KPMG, it is believed, had 50,000 internship applications in the United States alone for 3,900 roles, which suggests that 8% of applicants received an offer. This might be related to the fact that KPMG has a smaller consulting arm (consulting being harder to get into than accounting) than the other Big Four.