Comparison of PwC and Pitcher Partners: An Analysis

Running head: AUDITING THEORY AND PRACTICES 1
Auditing theory and practices
Name
Institution Affiliation

AUDITING THEORY AND PRACTICE 2
Part 1
Executive summary
Outlined below is a report that seeks to compare and contrast two accounting companies which are PwC
(the big company) and the pitcher's (small company) partner in Australia. The two companies offer a
range of services but the main ones being auditing, consulting and wealth management. In times of
geographical coverage, while the PwC is an international company that operates globally in various
nations. The pitcher partners mainly operate Australia with a head office in every state. The company is
however internationally related to Baker Tilly International which has some branches worldwide. Both
companies produce some publications that are directed towards their clients and for the knowledge of
the general public as needed. They have some employees that specialize in the different industries that
the companies focus on ranging from manufacturing to not-for-profit. In total the pitcher partners have
close to 1200 employees while the PwC by 2016bhad close to 223,000 employees of the company. The
company’s mission and vision are directed towards creating value and while PwC records annual
revenue of $37.7B the other company records a total of $1.95M annually. The company that we would
prefer to work with is the Pitcher Partners.
Introduction
There are differences that are depicted between the various auditing firms around the globe. When a
big four firm is compared with a non-big four, several variations are described that mainly range on the
differences on how the firms operate among other factors. Despite this, there are some similarities that
both these firms have and this is depicted in the following comparison between PwC and pitcher
partners.
The range of services provided
There is a range of services that are provided by the two audit firms that differ in various ways. The
pitcher partner has classified the range of services they offer into three main categories, and these are
financial essential, consulting and wealth management. The financial services mainly focus on improving
the productivity of the businesses, while the consulting services are focused on offering advice on how
to improve business function and the last aspect on wealth management mainly deals with planning
future investments (Pitcher Partners, 2018). On the other hand, PwC offers services that are similar to
those provided by pitcher partners in many ways. Their services range from advisory, entrepreneurial
and private clients and family business, the main differences between their services is that while PwC
offers services on legal issues and tax issue (PwC Australia, 2018).
Geographic coverage

AUDITING THEORY AND PRACTICE 3
PwC is a global firm that operates in various countries with their offices operating in these countries. In
Australia, the firm has its head offices located in different states around the country. The main
headquarters of the business is located in London. The pitch partners are located in Australia in all the
six states. The firm is not yet a global venture, but it is aspiring to join the various international market
and compete on the international platform.
Number of staff and special skills offered
PwC offers some opportunities to a diverse group of people. The company has close to an innumerable
number of staff which depend on the need of a particular country and the state in which the country is
operating. By around 2016 it was estimated that the company employed close to 223,000 employees.
There are some careers that are offered by the company which ranges from technological jobs, student
careers and internship, consultancy services in various fields, directors of various entities, engineers, and
architects among many other domains (PwC Australia, 2018). On the other hand, the pitcher partners
have some career among them being consultancy, accounting, administration among many other as the
need of the different branches of the company arise. The company has a total of 1200 employees
(Pitcher Partners, 2018).
Industries of expertise
Pitcher partners claim knowledge in some industries among them being care for the elderly, locomotive,
education, food and farming industry, funds management, wellbeing care, legal services, production,
pharmacy, property public retail and transport and logistics. Besides this, the company can tailor the
different services to suit a particular client (Pitcher Partners, 2018). On the other hand PwC also
specializes in a range of industries that include agribusiness and food, education and skills, financial
services, asset management, construction and transportation, energy, government, banking and capital
markets, defense, entertainment and media, healthcare, mining, superannuation, technology, retail and
consumer, real estate, insurance, power and utilities, not-for-profit and financial services. These services
are similar in some ways even though there are some that tend to differ (PwC Australia, 2018).
Publication and materials offered to the general public
PwC has some publications that it provides to the general public and its clients in general that vary from
one branch to the other. However, the general publications that are offered include the following the
press, tax talk, a smart move, the C-Suite agenda, banking matters and the IFRS accounting changes that
is mainly aimed at educating the public on the different issues that concern the companies specialization
and general knowledge for the public. Pitcher panthers also offer some publications among them