After a merger between Price Waterhouse and Cooper & Lybrand in 1998, Price waterhouse Cooper was formed. PwC is not only a second largest company of professional services but also one of the Big Four Auditors. In 2016, it is the fifth largest privately owned industry in US. The company provides the services like Assurance, Tax Advisory, Financial Advisory, Legal, and Consulting. The company serves across 157 countries in 756 locations with a workforce of more than 223,000 people. PwC was ranked as one of the world’s most prestigious accounting firm for seven successive years by Vault Accounting 50.
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