Deloitte leading growth among Chilean Auditing and Consulting FirmsAs per figures delivered by the Superintendency of Securities and Insurances |
Deloitte is leading the industry for the second consecutive year with 33% income market share and more than 1,200 employees, followed by PWC with 29%.
During 2008, the four principal auditing and consulting companies, known as the Big Four, recorded income for Ch$ 118,637 millions, in agreement with the Superintendency of Securities and Insurances, exceeding 2007 income in 17%.
In addition, income from audit services grew 15.2% and income from “other services” grew 20.8%. This includes tax and legal advisories, managerial consulting, technological and outsourcing consulting, among others.
Deloitte leads the industry for the second consecutive year, with a market share of 33%, followed by PWC, with 29%. In addition, Deloitte heads Audit income and other services income ranking.
|
Total Big Four income |
(Figures in Chilean pesos for each year) |
|||
|
2008 |
|
|
|
|
|
|
Audit |
Other services |
Total |
Share % |
|
DT |
23,754,310,462 |
15,400,793,007 |
39,155,103,499 |
33.00 |
|
PWC |
23,527,249,000 |
11,053,689,000 |
34,580,938,030 |
29.15 |
|
E&Y |
22,060,088,185 |
9,650,596,029 |
31,710,684,242 |
26.73 |
|
KPMG |
8,703,273,890 |
4,487,550,348 |
13,190,824,249 |
11.12 |
|
Total |
78,044,921,537 |
40,592,628,384 |
118,637,550,021 |
100 |
|
2007 |
|
|
|
|
|
Firm |
Audit |
Other Services |
Total |
Share % |
|
DT |
19,752,184,260 |
11,706,403,182 |
31,458,587,442 |
31.0 |
|
PWC |
21,121,303,000 |
9,848,036,000 |
30,969,339,000 |
30.6 |
|
E&Y |
19,885,046,731 |
9,426,755,546 |
29,311,802,277 |
28.9 |
|
KPMG |
6,976,189,875 |
2,610,556,595 |
9,586,746,470 |
9.5 |
|
Total |
67,734,723,866 |
33,591,751,323 |
101,326,475,189 |
100.0 |
|
|
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