PwC is the brand under which the member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide professional services. Together, these firms form the PwC network. ‘PwC’ is often used to refer either to individual firms within the PwC network or to several or all of them collectively. They are a multinational professional services network with headquarters in London, United Kingdom.

The firm was formed in 1998 by a merger between Coopers & Lybrand and Price Waterhouse. Both firms had histories dating back to the 19th century. The trading name was shortened to PwC in September 2010 as part of a rebranding effort.

They have recognised the growing dislocation between economic growth and social progress. One of the ways in which they are addressing these issues is through their collaboration with the Think 20 (T20) and Global Solutions, a multi-stakeholder initiative. They have contributed their perspectives to policy discussions on critical global issues such as scaling up business impact on the Sustainable Development Goals (SDGs), delivering workforce productivity growth, corporate governance, and digital skills strategies.

In 2019, they celebrated 10 years as the exclusive knowledge partner of the Asia Pacific Economic Cooperation (APEC) CEO Summit which brings together business leaders, policymakers and heads of state from across Asia Pacific to discuss key topics including making globalisation and technological advances work for all.

In addition to the work that they do with the T20 and APEC, PwC is also a long-standing strategic partner of the World Economic Forum where they work together on initiatives ranging from the impact of 5G on mobility and the potential of the Fourth Industrial Revolution (4IR) to help achieve the SDGs, to sustainable reporting and the development of future cities.

Their purpose is to build trust in society and solve important problems. In an increasingly complex world, they help intricate systems function, adapt and evolve so they can benefit communities and society – whether they are capital markets, tax systems or the economic systems within which business and society exist.

Our values, act with integrity, make a difference, care, work together, and reimagine the possible, help us work towards our purpose of building trust in society and solving important problems.

The trust that our clients, communities and our people place in PwC, and our high standards of ethical behaviour, are fundamental to everything we do. Our values underpin our Code of Conduct which is our frame of reference for the decisions we make every day. It’s how we do business.

PwC is a private company that bills individuals and businesses for services rendered by the company. Services include assurance, advisory and tax.

Their clients range from leading multinational companies to small startups, from family businesses and governments to charities and private individuals. In the past year (2019), they have served 200 000 clients, including more than 100 000 entrepreneurial and private businesses. From all different industries including consumer markets, energy utilities and resources, financial services, health industries, industrial manufacturing and automotive, private equity and sovereign investment funds, and technology media and telecommunications.

PWC’s largest clients by audit revenue here.

More information can be found in their annual report here.