No big eight accounting firms refer to the eight international accounting firms in 1980s, namely Andersen, PricewaterhouseCoopers, KPMG, PricewaterhouseCoopers, DHS, Tachilos, ArthurYoung and ErnstWhinney. Zhonghui Certified Public Accountants, one of the local accounting firms in China, was established in 1992, headquartered in Hangzhou, with branches in several cities in China, mainly providing audit, taxation, consulting and other services to customers. Therefore, Zhonghui Certified Public Accountants is not one of the top eight in the world.