The 2025 Transparency Report

  • October 31, 2025

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 136 countries with more than 360,000 people who are committed to delivering quality in assurance, advisory and tax services. We are committed to driving a strong culture of quality and excellence that is core to our purpose.

PwC’s approach to building trust is designed to meet rising expectations of transparency, accountability and stakeholder engagement. It combines expertise in audit, tax and compliance activities with a drive to expand specialist capabilities in areas such as cyber security, data privacy, ESG and AI. It also recognizes the importance of quality–and that reporting and compliance represent just one link in a chain that includes organizational culture, executive mindset, aligned standards, certified professionals, stringent controls, tailored technologies and appropriate governance. Our approach to building trust is grounded in our commitment to consistently performing quality engagements and being transparent about our system of quality management.

Similar to building trust, delivering sustained outcomes requires us to work in an integrated way. Instead of taking a traditional technology-driven approach to transformation, PwC focuses on the outcomes that our work is seeking to achieve. To deliver the agreed outcomes, we then mobilize our expertise in areas including–among many others–strategy, digital and cloud services, value creation, people and organization, tax, sustainability reporting, deals, business recovery services, legal and compliance.

Our strategy builds on our ongoing commitment to quality.

This Transparency Report is published in accordance with the requirement set forth in Article 45 (5)(e) of the European Union's Directive on Statutory Audit 2006/43/EC for our fiscal year ended June 30, 2025. Throughout this report, the terms “PwC,” “firm,” “we,” and “our” refer to one or more of PricewaterhouseCoopers LLP, PwC US Group LLP (and its subsidiaries) and PwC USA LLP.

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