1. PricewaterhouseCoopers: Founded in 1998, it is one of the largest accounting firms in China, ranking 1 in the world in 2022.
2. Deloitte: Founded in 1845, it is the world's leading professional service company, ranking second in the world in 2022.
3. KPMG: Founded in 1992, it is one of the largest accounting firms in Chinese mainland, ranking third in the world in 2022.
4. Ernst & Young: Founded in 2000, it is one of the largest accounting firms in China, ranking 4th in the world in 2022.
5. Ruihua: Established in 20 14, one of the local comprehensive accounting firms in China, ranked first in the audit market of A-share listed companies in 20 14, and was fined 60 million yuan in 20 18 for an audit event of a listed company.
6. Shenzhong Zhonghuan: Founded on 20 13, it is one of the local comprehensive accounting firms in China, ranking third in the audit quality of A-share listed companies in 2022.
7. Tianhui Jianhua: Established in 2000, it is one of the local comprehensive accounting firms in China, and the second largest listed construction company in China is an independent third-party audit institution.
8. Ming Certified Public Accountants: Established in 1992, it is one of the local comprehensive accounting firms in China. It is an accounting firm with securities and futures business license approved by the Ministry of Finance and the National Audit Office.
Specific responsibilities of accounting firms
1. Audit services: The main responsibility of accounting firms is to provide audit services for various institutions, including financial statement audit, internal control assessment and risk assessment. Accounting firms help organizations ensure the accuracy and completeness of their financial reports through audit services, and evaluate the effectiveness of their internal control and risk management systems.
2. Accounting services: Accounting firms also provide various accounting services, such as preparing accounting records, account books and statements, financial analysis and forecasting, and tax planning. Accounting firms help organize and manage their financial activities through accounting services, and provide relevant financial analysis and decision support.
3. Tax services: Accounting firms also provide tax services, including tax planning, tax consultation and tax declaration. Accounting firms help institutions to abide by various tax laws and regulations through tax payment services, provide them with reasonable tax planning and declaration schemes, and minimize tax costs.
4. Consulting services: Accounting firms also provide various consulting services, such as financial risk management, internal control evaluation and strategic planning. Accounting firms help organizations achieve their strategic goals through consulting services, and provide relevant financial and risk management support.