PwC's Assurance professionals understand how businesses work from the inside. With approximately 13,000 Assurance professionals in 68 cities across PwC US working closely with public and private companies, we help solve complex business issues faced by management and boards, and serve the public interest by supporting the capital markets system through reliable financial reporting.
PwC Assurance teams ask questions, test assumptions, and evaluate whether companies are reporting information that investors and others can rely on. We combine deep technical skills and sector experience to help our clients address the challenges of a rapidly changing environment and strengthen their businesses. In addition to our core audit services, we have currently chosen four priority services to drive non-audit revenue growth, all of which are built from the core competencies inherent in our assurance practice.
PwC has the largest assurance practice in the US in terms of revenue. We also provide external audit services to 31% of the S&P 500** giving us the market share lead.
*Accounting News Report, March 2012
What we do
Our External Audit practice provides independent reporting to stakeholders on the financial performance of their businesses and the internal controls that govern their financial information. We perform:
- Core financial statement and internal control audits
- Business and performance reporting
- Social, environmental, and other compliance reviews
Our partners and staff have the opportunity to gain specialized knowledge and serve clients in one or more industries and sectors including:
- Asset Management
- Banking and Capital Markets
- Consumer and Retail
- Entertainment, Media & Communications
- Industrial Products
- Healthcare Providers
- Pharmaceutical & Life Sciences
- Private Equity
We also provide a broad array of insights and possible solutions to financial instruments and audit and consulting services
On occasion, staff in the external audit practice may also have the opportunity to apply and hone skills related to internal controls & internal audits by working with our Risk Assurance practice.
Our Risk Assurance practice helps clients to analyze, assess and address risk and to navigate regulatory requirements in an increasingly complex environment.
PwC’s Risk Assurance practice helps companies to:
- Build and fortify internal and IT risk controls
- Develop and strengthen risk and compliance programs
- Improve the capabilities of Internal Audit function
Our Risk Assurance practice draws proudly on its auditing heritage as well as commercial experience to rigorously evaluate or implement a company's governance procedures, processes, information, and controls. The practice provides broad support across a business to elevate trust and transparency and give stakeholders information about whether risks are anticipated, understood, and managed strategically.
Our service offerings include: Internal Audit Services, Process Assurance, Third Party Assurance, Governance, Risk & Compliance, and IT & Project Assurance.
On occasion, staff in the Risk Assurance practice have the opportunity to further hone their auditing skills by working in our external audit practice.
PwC’s Transaction Services professionals help companies make informed and empowered investment, divestment, capital market and reorganization decisions. We assist clients with due diligence, M&A strategy, integration, valuation, accounting, financial reporting, and capital raising on both the buy and sell side of a deal. Our deal professionals help clients understand the risks in transactions, so they can be confident they are making informed strategic decisions. From their deal negotiations, to capturing synergies during integration, we help clients gain value; and ultimately, deliver this value to stakeholders. For companies in distressed situations, we advise on crisis avoidance, financial and operational restructuring and bankruptcy. Experienced teams are deployed with deep industry and local market knowledge, and technical experience tailored to each client's situation. Our globally consistent, controlled deal process helps clients minimize their risks, progress with the right deals, and capture value both at the deal table and after the deal closes.