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PwC, short for PricewaterhouseCoopers, is a British multinational professional services network headquartered in London, United Kingdom. It is the second-largest professional services network globally and is one of the Big Four accounting firms, alongside Deloitte, EY, and KPMG. PwC operates in 149 countries, employing over 370,000 people as of 2024. The firm was established in 1998 through the merger of two accounting firms: Price Waterhouse and Coopers & Lybrand, both with histories dating back to the 19th century. The trading name was shortened to PwC in September 2010 as part of a rebranding effort. PwC offers a range of services, including assurance, tax, and consulting, serving clients worldwide. The company is overseen by PricewaterhouseCoopers International Limited, an English private company limited by guarantee, which coordinates the activities of the member firms operating under the PwC brand. Each member firm is a separate legal entity, and the ownership structure varies by country. For example, PwC Sweden is ultimately owned by 178 partners who are active in the group. PwC's global revenues were US$55.4 billion in FY 2024, with significant contributions from its Assurance, Tax and Legal, and Advisory practices.
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