Home Accounting and Auditing PwC posts $41,3bn in global revenue

PwC posts $41,3bn in global revenue

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PwC Global firms earned gross revenues of $41.3 billion in the fiscal year ended June 30 2018, growing 7 percent in local currency terms, and by 10 percent in U.S. dollars.

The firm said that investments in “quality, new technologies, services and talent” helped boost revenue across the board. Growth was strongest in Asia, with revenues rising 15 percent, in the Middle East and Africa, with revenues rising 12 percent, and in Central and Eastern Europe, up 10 percent. Australasia and the Pacific grew by 7 percent, Western Europe by 6 percent, and the Americas by 4 percent – though the firm noted a “particularly strong performance” in the U.S.

“This impressive growth is due to our focus on the marketplace and the hard work, professionalism and dedication of our 250,000 people who continue to develop and innovate to meet the changing needs of our stakeholders around the world,” said PwC Global chairman Bob Moritz said in a statement. “In addition, everything we do is guided by our focus on quality and our purpose to build trust in society and solve important problems.”

Read more here.

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