Global annual review 2017

Reimagining the possible

Through facts, figures and stories, explore our performance and how we are transforming PwC by reimagining the possible.

In this review, see examples of the full and wide scope of PwC's work for clients and stakeholders around the world. See how we're working with our 236,000 people to develop their careers, and how we've contributed to addressing some of the most challenging issues of our time.
Also, check out some of our numbers to see how we're doing with revenues, people and societal impact. And – for the first time – we're also disclosing the results of PwC's audit quality inspections.  
Our year at a glance
The story of our year, covering our work for clients, how we're investing in our people, and our strong commitment to quality and transparency.
We’re wherever our clients are
With offices in 736 locations across 158 countries, we work with clients to solve their problems and reimagine what's possible.
We're an employer of choice
With 59,252 people joining PwC firms around the world in FY 2017, including 28,238 graduates and 25,982 experienced professionals.
Quality and transparency
Quality is paramount right across PwC. In a move to increase transparency, we are - for the first time - sharing the results of our internal audit inspections.



How we're doing

Revenues

US$37.7bn
7%
2016 | US$35.9bn
Explore revenues in more detail

PwC People

236235
6%
2016 | 223,468
Get to know the people in our global network

Female representation in PwC's global workforce

Female representation in PwC's global workforce

19%

Partners

48%

New joiners

45%

Experienced level hires
201616%
201629%
201655%
2016 | 18% (partners) / 47% (new joiners)
Read about diversity and inclusion at PwC

PwC Clients

419 (84%) of Fortune Global 500 companies
100000 entrepreneurial & private businesses
2016 | US$8,521m
Learn about the clients PwC works with

Audit inspections (compliant in 2016)

93.3%
2015 | 93.7%
Find out about the results of audit quality reviews

Renewable energy (% of total electricity)

55%
10%
2016 | 50%
Explore our impact on society

 

 

Our revenues

For the 12 months ending 30 June 2017, PwC’s revenues were US$37.7 billion, up 7% at constant exchange rates, despite the geo-political and economic uncertainty around the world.

Explore our revenues by service line and industry.

Our revenues

For the 12 months ending 30 June 2017, PwC’s revenues were US$37.6 billion, up 6% at constant exchange rates, despite the geo-political and economic uncertainty around the world.

Explore our revenues by service line and industry.

Our revenues

Marketing and Communications

Assurance continues to show strong growth

Despite fierce competition, PwC’s assurance operations grew strongly, rising again by 6% to US$16.0 billion. This growth reflects some significant new audit client wins and increasing demand for broader assurance services.

The pace of digital transformation in our clients' operations has redefined the market for trust services, driving exponential demand for digital trust including in areas such as cybersecurity and privacy, advanced data analytics, as well as enterprise systems solutions. We also have a thriving Internal Audit practice, offering digital solutions in the areas of Governance, Risk and Compliance.

We're also helping businesses navigate the complex legal and regulatory landscape ahead, for example, by advising them as they get ready for the General Data Protection Regulation which will come into effect in May 2018 and creates challenges for every organisation doing business in the EU before, during and after the deadline.

Growing demand for compliance, corporate consulting and transfer pricing work globally

PwC’s tax & legal revenues grew by 6% to US$9.5 billion with growing demand for compliance, corporate consulting and transfer pricing work globally. With over 41,000 tax professionals, PwC has the largest tax network in the world.

PwC’s tax operations also include revenues from PwC's legal services network of firms, which now has 3,300 professionals serving clients in over 90 countries. We continue to see strong demand for services including international business reorganisations, employment and labour, mergers and acquisitions, and data protection.

Revenues from our people and organisation network also continued to grow on the back of increased demand for HR Transformation including Cloud services. We now have over 10,000 people working in this area.

Digital services and cyber security continue to grow

PwC’s advisory operations grew by 8% to US$12.3 billion – a very strong result on the back of high growth last year and despite an uncertain environment for many consulting activities around the world.

We saw particularly strong growth in our Strategy& and technology practices with growth of 17% and 20% respectively. The significant growth in these areas demonstrates our success with providing Strategy through Execution value to clients.

Revenues from our digital services also continued to grow. With over 30 locations around the world and offices opening in Toronto, Japan, London, Stockholm and Zurich, PwC's Experience Centers are designed to stimulate creativity and collaboration, revolutionising how businesses go to market and operate at the intersection of business, experience and technology. Working closely with the client on-site at the Experience Center, we create collaborative engagement models and services that help move organisations beyond current trends to focus on the future of business.

While PwC works across all sectors, we saw very strong demand for advisory services from the healthcare, technology, media and telecoms industries and private equity clients.