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Big 4 like a CIMA
17 July 2017
The Big 4 employ more CIMA trainees than ACCA, according to the latest stats compiled by Accountancy magazine.
A total of 774 CIMA trainees work across PwC, EY, KPMG and Deloitte, compared with just 361 ACCA trainees.
The ICAEW has the largest number of trainees working at the Big 4 with 7,734 students, with ICAS coming in second with 2,164 CA students in contracts.
Outside the Big 4 CIMA trainees are rare in the top 75 accountancy firms, although BDO were training seven in 2016.
Grant Thornton also stands out on the Accountancy list with 81 CIPFA trainees. Moores Stephens with two are the only other firm on the list who are training CIPFA PQs.
Another surprise might be the large number of tax trainees among the top 75 firms. Some 6.9% (1,143) of all trainees are studying for the CIOT tax qualification, rather than an a straight accountancy one.
Overall, the study found the ICAEW qualification still dominating the top 75, and it has 65.7% (10,885) of all the trainee posts. ICAS trainees make up 15%, mainly due to EY’s 1,096 trainees.
The ACCA comes in third with a total of 1,168 PQs. Lovewell Blake (at number 38) has more ACCA trainees (22) than ICAEW (15). The same is true with Forrester Boyd (number 43), which also has more ACCA than ICAEW trainees.
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