Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
23
24
25
26
27
28
29
30
31
News Every Day |

The Big Four consulting firms are embedded in Big Tech. Here's who audits each of the Magnificent 7 companies.

EY, Deloitte, KPMG, and PwC make up the Big Four professional services firms.
  • The tech giants that comprise the Magnificent Seven now have a combined market value exceeding $20 trillion.
  • Who is checking their financial records?
  • A group of industry-leading titans, also categorized by a number: the Big Four.

Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, known as the Magnificent Seven, now have a combined market value of over $20 trillion, making them among the most powerful companies in history.

Who is handling their financial records?

Another numerically-termed group of powerhouses.

The Big Four professional services firms — PwC, Deloitte, EY, and KPMG — are the industry-leading consulting and accounting firms that audit the Magnificent Seven.

Behind the sky-high valuations and global dominance, the Big Four firms independently assess how these companies report their finances, run internal controls, and follow the rules. Audits are a crucial mechanism for ensuring accountability to shareholders, regulators like the SEC, and other stakeholders.

The Big Four are also becoming increasingly embedded in the tech sector itself as they work to provide clients with AI. Deloitte has partnerships with Apple, Alphabet, Microsoft, and Nvidia. While EY has key relationships with Microsoft and Nvidia.

Here's who from the Four audits the Seven.

Microsoft

Deloitte is Microsoft's auditor, the company states on its website.

Shareholders ratify the appointment of Microsoft's auditor annually at the annual shareholder meeting. Under SEC rules, Microsoft's outside auditor is required to regularly rotate the key audit partner, at least every five years.

Deloitte, the largest of the Big Four by revenue and employee numbers, has been Microsoft's public auditor since its IPO in 1986, according to a statement from its annual shareholder meeting.

Microsoft paid Deloitte $78.4 million for audit and other services in its 2025 fiscal year, which ended on June 30, the statement shows.

As 2025 comes to a close, Microsoft is valued at $3.61 trillion, and the company's stock is up 15% year-to-date.

Apple

EY serves as Apple's auditor and has done so since 2009, according to Apple's 10-K filing for the fiscal year ended September 27, 2025.

In 2024, Apple paid EY $30 million in fees for the year ending September 28, 2024, up from $25 million the year before.

Apple is valued at roughly $4 trillion, and its stock has increased by 9% year-to-date.

Alphabet

Alphabet, the parent company of Google, is audited by EY, according to its statement following the 2025 Annual Meeting of Stockholders.

Alphabet paid EY $6.5 million in fees for auditing and other professional services across its 2024 fiscal year, the statement shows. The previous year, the fees were $41 million.

Alphabet, under the leadership of CEO Sundar Pichai, is valued at $3.7 trillion, and its stock is up 62% year-to-date.

Google logo is seen on Google corporate office at Warsaw The Hub building in Warsaw, Poland on September 16th, 2025.

Amazon

Jeff Bezos's Amazon empire is also audited by EY.

"We have served as the Company's auditor since 1996," a note in Amazon's annual shareholder meeting statement said.

Amazon spent $51 million with EY in audit fees for its 2024 fiscal year, the statement shows.

In late 2025, the company is valued at $2.43 trillion, but Amazon's stock has been lagging behind the rest of the Magnificent Seven over the last five years.

Nvidia

AI juggernaut Nvidia, is being audited by PwC for its 2026 fiscal year, ending January 31, 2026, according to the Nvidia Corporation Annual Review.

PwC has audited Nvidia since 2004, the report notes.

Nvidia has been around for over three decades, but in 2025, the chipmaker became the first company to hit a $4 trillion market cap.

Nvidia lists a $10 million spend with PwC for audit and other professional services in its 2025 fiscal year, up $1 million compared to the year before, the review shows.

Jensen Huang, CEO and founder of Nvidia.

Meta

Meta, which owns Facebook, is the fourth member of the Magnificent Seven that turns to EY for its annual audits.

Meta shareholders ratified the appointment of EY as the company's public accounting firm for the fiscal year ending December 31, 2025, as stated in a recent 10-K filing.

Meta listed fees of $36.3 million for auditing services in the company's 2024 fiscal year.

The firm has been Meta's auditor in the US since 2007. The company is worth $1.66 trillion, and Meta's stock is up 12.5% year-to-date.

Tesla

Elon Musk's EV company, Tesla, is audited by PwC, according to SEC filings. The Big Four firm has audited Tesla since 2005.

Tesla has had a turbulent year, with Musk's political involvement sparking backlash against the automaker. Early in the year, protesters against his involvement with the Trump administration gathered at Tesla dealerships, with some burning cars.

The company's stock has made a significant comeback since its challenging opening quarter saw shares nearly cut in half. Tesla stock is now up 19% as 2025 draws to a close, and it is valued at $1.6 trillion.

Read the original article on Business Insider
Ria.city






Read also

EU to probe Czech aid for two nuclear units

This 1,161-piece Lego flower arrangement is $44 off right now

Celtics’ $2.4 Million Center Named One of NBA’s Best Value Players

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости