Price waterhouse Coopers is a multinational professional services firm headquartered in London, United Kingdom.It is the world's largest professional services firm and the largest of the "Big Four" accountancy firms measured by 2012 revenues.PwC has offices in 776 cities across 158 countries and employs over 180,000 people.It had total revenues of $31.5 billion in FY 2012, of which $14.9 billion was generated by its Assurance practice, $7.9 billion by its Tax practice and $8.7 billion by its Advisory practice.The firm was formed in 1998 by a merger between Coopers & Lybrand and Price Waterhouse.The trading name was shortened to PwC in September 2010 as part of a major rebranding exercise.As of 2012 PwC United States is the fifth-largest privately owned organization in the United States.The Price waterhouse Coopers name was formed by the combination of the names of Price Waterhouse and Coopers & Lybrand, following their merger in 1998. On 20 September 2010, Price waterhouse Coopers rebranded as PwC, although the legal name of the firm remained PricewaterhouseCoopers.The firm was created in 1998 when Coopers & Lybrand merged with Price Waterhouse. The two firms each had histories dating back to the 19th century.PwC has developed several broader consulting initiatives in the Enterprise Risk Management (ERM) framework, including a global effort to assist corporations with outsourcing, as well as a global political risk assessment with the political risk advisory firm Eurasia Group.Advisory services offered by PwC also include two actuarial consultancy departments; Actuarial and Insurance Management Solutions (AIMS) and a sub branch of "Human Resource Services" (HRS). Actuarial covers mainly 4 areas: pensions, life insurance, non-life insurance, and investments. AIMS deals with life and non-life insurance and investments, while HRS deals mainly with pensions.PwC serves the US Federal Government through their Public Sector practice. PwC has over 2000 professionals based in the Washington Metro Corridor.
Revenue $ 31.5 billion (2012)