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UC or CSU?

UC or CSU?. Which school does an accounting major really want to go to?. Executive Summary. The Big 4 Accounting firms (Pricewater Coopers, KPMG, Deloitte & Touche, Ernst & Young) audit almost one-third of the Fortune 500 companies.

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UC or CSU?

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  1. UC or CSU? Which school does an accounting major really want to go to?

  2. Executive Summary • The Big 4 Accounting firms (Pricewater Coopers, KPMG, Deloitte & Touche, Ernst & Young) audit almost one-third of the Fortune 500 companies. • These companies do not recruit students from schools like CSU Long Beach or CSU Los Angeles. They recruit from Universities like UC Berkeley, USC, etc.

  3. The Top 10 Schools Here is a list of the 10 most sought after schools that the Big 4 recruit from: • 1. University of Illinois at Urbana-Champagne • 2. University of Texas-Austin • 3. University of Pennsylvania • 4. University of Michigan (Ann Arbor) • 5. University of Southern California (Los Angeles) • 6. New York University • 7. University of California, Berkeley • 8. Brigham Young University (Provo) • 9. Indiana University (Bloomington) • 10. University of North Carolina (Chapel Hill)

  4. Who really audits the Fortune 500? 31% (over 150) of the 500 companies are audited by one of the Big 4.

  5. How is the market divided? The Big 4 seem to share the market equally (Pricewater Coopers has a marginally greater share than the others).

  6. Pricewater Coopers The Industrial, Technology, Oil & Energy, and Finance industry make up more than 50% of their clientele.

  7. Pricewater Coopers - Famous Clientele • Financial Services • – Bank of America, JP Morgan, Standard Bank • Industrial • – Volvo, Dodge • Communications • – BellSouth • Media • – CBS, Viacom, Walt Disney • Retail and Consumer Products • – eBay, Marks & Spencer's, Nike, Colgate-Palmolive, Nintendo • Technology • – Nokia, Samsung, IBM • Oil & Gas • – Exxon Mobil, Chevron, Shell

  8. Deloitte & Touche A majority of their clientele is from the Consumer Products’ industry. This maybe because they are not only auditors but also a consulting firm. (The Sarbanes-Oxley bill prevents a firm from providing auditing and consulting services to the same client).

  9. Deloitte & Touche - Famous Clientele • Financial Services • – The World Bank, American Express, Merill Lynch, Morgan Stanley • Industrial • – Hyundai, UPS, Nissan • Retail and Consumer Products • – Best Buy, Gap, Hyatt, Levis, Starbucks, Walgreens • Technology • – Dell, Gateway, Microsoft, Motorola • Communication • – Sprint, Vodaphone • Travel • – US Airways, United Airlines, NorthWest Airlines

  10. Ernst & Young Consumer Products, Travel and Technology make up more than 50% of their clientele.

  11. Ernst and Young - Famous Clientele • Financial Services • – ABN Amro, Aviva, The US Bank • Industrial • – Porsche, Delphi Corporation • Media • – EMI, Time Warner, Virgin Media, Vivendi • Retail and Consumer Products • – Amazon, Hilton, Mariott, McDonalds, Wal-Mart, Coke, Staples • Technology • – Google, HP, Intel, Sun Microsystems, Toshiba, Texas Instruments • Communication • – AT&T, Orange, Verizon • Travel • – American Airlines, British Airways, JetBlue Airways, SouthWest Airlines

  12. KPMG Consumer Product industries account for a little more than 40% of their clientele.

  13. KPMG - Famous Clientele • Financial Services • – HSBC, Wells Fargo, H&R Block • Healthcare • – Kaiser • Industrial • – General Electric, Honda • Media • – BBC, NBC, Sony BMG • Retail and Consumer Products • – Burger King, Costco, CVS Pharmacy, Jack in the Box • Technology • – Apple, Electronic Arts, Ericsson • Travel • – Alaska Airlines, Amtrak, Qantas

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