Pricewaterhouse Coopers Swot Analysis

1283 words - 5 pages

Overview
SWOT analysis is a necessary tool for business that allows corporations to analyze where their strengths, weaknesses, opportunities and threats lie. The SWOT tool contains paramount information about the industry and helps the executives of the business make decisions that are necessary for the business’s survival and success.
PricewaterhouseCoopers is one of the big four accounting firms who’s services include, audit, assurance, consulting, tax services, and risk assurance services. PwC concentrates on 16 key industries and provides precise services that include human resources, deals, forensics, and consulting services. PwC is a firm that is consistently looking to gain an edge for their clients. With its headquarters based in London PwC boasts 776 locations with over 180,000 employees. The empire that is PwC consistently achieves success, recording nearly $31.5 billion in revenues for the fiscal year 2012.
1. “Related Materials.”
2. “PwC: Audit and Assurance, Consulting and Tax Services.”
3. "Facts and Figures."
4. "Global Press Room."
History
PricewaterhouseCoopers has an extensive history dating back to the 1900’s when two firms, Coopers & Lybrand, united. This combination allowed PwC to become not only a UK brand, but also a USA brand as well. Before the merger, Samuel Lowell Price decided to set up an accounting firm in London, which experienced tremendous success. When Price agreed to go into a partnership with Edwin Waterhouse and William Hopkins Holyland, the revenues and prestige of the firm sky rocketed. In 1998 the firm went on to partner with Coopers & Lybrand and PwC emerged. After the merger, the company began to set up consulting facilities and ERP systems. The company expanded at a rapid rate throughout the globe allowing it to become the powerhouse it is today. Currently, PwC audits much of the globe with 29% of their clients being part of the fortune 500.
5. "History and Milestones."

Mission
PwC’s mission has always been to be a leading presence in the global world of accounting. The focus is on giving their top tier clients excellent service from start to finish. Tremendous attention is on solving any complex problems the client may be presented with. It is also important to PwC that they build a trusting relationship with their clients and continue to produce quality work. Finally, it is of utmost importance to provide excellent work for the client and allow the economy to grow through leadership, hard work, and quality audits.
6. "Our Mission and Vision."

Business Model
PwC seeks to continue their growth globally. The primary goal is to allow PwC to grow and become the most dominate accounting firm in the world. They continue their efforts by selecting top tier candidates to work at their firm, while allowing their global presence and accomplishments to speak for themselves. The direct goal PwC seeks to reach with their client is to re-engineer the structure of their business, allowing...

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