CP 12-3 Revenue per employee
The following table shows key operating statistics for the four largest public accounting firms:
|
U.S. Net |
No. of |
||
|
Revenues |
No. of |
Professional |
|
|
in millions) |
Partners |
Staff |
|
|
Deloitte & Touche |
$10,980 |
2,949 |
32,857 |
|
Ernst & Young |
8,232 |
2,350 |
20,250 |
|
PricewaterhouseCoopers |
7,578 |
2,198 |
22,100 |
|
KPMG LLP |
5,679 |
1,818 |
16,564 |
|
Source: The 2009 Accounting Today Top 100 Firms. |
a. Determine the revenue per partner and revenue per professional staff for each firm. Round to the nearest dollar.
b. Interpret the differences between the firms in terms of your answer in (a) and the table information.