Analysis of the four major auditing firms: profitability, liquidity and solvency

Abstract

With the completion of this work we will try to analyze the four major auditing firms in Spain during two periods: the first from 2004 to 2007, years after the crisis, and the second from 2007 to 2014, year, years in which the big financial crisis took place in Spain and coincided with the change of GAP for companies in the country. These four large firms are Deloitte, EY, KPMG and PwC. What will be discussed is, by calculating ratios in order to determine profitability, liquidity and solvency of the companies, what was the situation of these companies before the crisis started, how has it affected them this over the years and how they have managed to get out of it. Finally, a ranking will be made with these companies to see what is the best position among them.