PricewaterhouseCoopers (PwC)

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PricewaterhouseCoopers (PwC)

PricewaterhouseCoopers is a multinational professional services network of firms, operating as partnerships under the PwC brand. PwC ranks as the second-largest professional services network in the world[1] and is considered one of the Big Four accounting firms, along with Deloitte, EY and KPMG.[2]

The firm in its present form was created in 1998 by a merger between two accounting firms; Coopers & Lybrand, and Price Waterhouse. Both firms had histories dating back to the 19th century. The trading name was shortened to PwC (on-logo writing pwc) in September 2010 as part of a rebranding effort.[3]

"PwC stands against racism in the workplace, in our communities and in our country and is taking six actions to combat racial justice. The firm is taking steps to support its Black professionals, to improve diversity and inclusion efforts within the organization, and to contribute to the efforts of those who are fighting for racial justice and equality on the front lines. Specifically, this includes donating time to social justice organizations, giving employees one week of utilized time each year to volunteer with nonprofits, and supporting students and teachers in underserved communities to build a more diverse, tech-skilled future workforce, among other commitments. PwC people are encouraged to support each other and speak out against bias and stigma, to join one of our inclusion networks and to participate in blindspots training. The firm is also offering free racial trauma counseling for PwCers and their families."[4]

References

  1. Dakers, Marion. Deloitte overtakes PwC as world's biggest accountant. Sep 4, 2016. telegraph.co.uk. Retrieved Feb 2, 2021.
  2. Big 4 Accounting Firms – Who They Are, Facts and Information. accountingverse.com. Retrieved Feb 2, 2021.
  3. Sinclair, Lara. Logo puts case first and last. Sep 20, 2010. theaustralian.com. Retrieved Feb 2, 2021.
  4. Plumhoff, Katherine. How 15 Companies Are Working to Be Anti-Racist. August 24, 2020. powertofly.com. Retrieved Feb 2, 2021.