Big Five auditors
The Big Five
were a group of accountancy
firms who handled the vast majority of audits for publicly traded corporations. As of early 2002
, The Big Five firms were:
In the wake of the Enron
scandal, Arthur Andersen has effectively been removed as one of the Big Five, reducing the Big Five to the Big Four
The term descends via Big Six from Big Eight,the ancestor firms noted above apart from KMG having been numbered among the eight.