NVIDIA is audited by PricewaterhouseCoopers LLP (PwC), a relationship that dates back to 2004 when PwC replaced KPMG as their independent accounting firm. PwC assesses NVIDIA's financial statements, internal controls, and compliance, a core function of the "Big Four" accounting firms for major tech companies.
NVIDIA DISMISSES KPMG: Nvidia Corp., a manufacturer and marketer of 3D graphics processors and software, dismissed auditor KPMG and retained Big Four rival PricewaterhouseCoopers as its replacement, according to a federal filing.
The Big 4 are the largest accounting and auditing firms in the world: Deloitte LLP (Deloitte), PricewaterhouseCoopers (PwC), Ernst & Young (EY) and Klynveld Peat Marwick Goerdeler (KPMG). They're so big that their joint revenue in 2024 was—you guessed it—$212 billion. Let's go into more detail.
Donald Robertson - Vice President, Chief Accounting Officer at NVIDIA | LinkedIn.
EY serves as Apple's auditor and has done so since 2009, according to Apple's 10-K filing for the fiscal year ended September 27, 2025. In 2024, Apple paid EY $30 million in fees for the year ending September 28, 2024, up from $25 million the year before.
Alphabet. Alphabet, the parent company of Google, is audited by EY, according to its statement following the 2025 Annual Meeting of Stockholders. Alphabet paid EY $6.5 million in fees for auditing and other professional services across its 2024 fiscal year, the statement shows.
Nvidia is audited by the San Jose branch of PwC.
A. Deloitte & Touche LLP is Microsoft's independent auditor.
Walt Disney company and PWC. We begin with Disney, in 2023 one hundred years old. At $180 billion, it is the largest entertainment corporation in the world and its auditor, Price Waterhouse Coopers (PwC) is one of the Big 4 global accountant partnerships.
In 2019, these included Bank of America, American International Group, Chase, Goldman Sachs, Prudential Financial, and IBM. Others in the top twenty include Ford Motor Co., Merck, Johnson & Johnson, Exxon, Chevron, and American Express. PwC had 28 percent of the Global Fortune 500 companies as audit clients in 2018.
Tax shelter fraud
In February 2004, the US Justice Department commenced a criminal inquiry. The United States member firm, KPMG LLP, was accused by the United States Department of Justice of fraud in marketing abusive tax shelters. KPMG fired or forced the retirement of over a dozen who were involved.
KPMG LLP and KPMG (together, KPMG) are the auditors of Rio Tinto plc and Rio Tinto Limited respectively.
From $5,000 to nearly $1 million in a decade
This amount assumes you reinvested the modest dividends Nvidia pays.
Investing $10,000 in Apple (AAPL) stock in 1990 would have yielded an astronomical return, making you a multimillionaire many times over by today, with calculations suggesting it would be worth tens of millions of dollars (or potentially over $100 million with dividends reinvested) due to incredible growth, stock splits, and the success of products like the iPhone, though exact figures vary slightly based on calculation dates and dividend reinvestment, Yahoo Finance.
The "Rule of 90" in stocks most commonly refers to Warren Buffett's advice for his wife's inheritance: 90% in a low-cost S&P 500 index fund for growth and 10% in short-term government bonds for stability, designed for long-term investors. However, a more pessimistic "Rule of 90-90-90" suggests 90% of new traders lose 90% of their capital within 90 days, highlighting the high failure rate due to lack of education, emotional trading, and poor risk management.
Big 4 audit clients are what arguably make the largest audit companies in the world worth working for. These companies, as you may already know, are Deloitte, PwC, Ernst & Young, and KPMG.
And nearly double the second worst drop in history, also seen by Nvidia shareholders in September 2024, when the company shed $279 billion in value. For some perspective, the amount of market value lost by Nvidia on Monday is more than the entire market value of Exxon Mobil, Costco, Home Depot or Bank of America.
Consent of Ernst & Young LLP, Independent Auditors.
In order for Facebook to comply with the consent decree, it was required to have outside audits performed every two years. The audit of Facebook's privacy practices was performed by the accounting firm PricewaterhouseCoopers.
Who are Tesla's independent auditors? Tesla's independent registered public accounting firm is PricewaterhouseCoopers LLP.