Over the past five years, the Accounting Services industry has grown, buoyed by economic growth, rising equity markets and a growing number of new businesses. Furthermore, to boost revenue, the industry's largest players have also increasingly acquired smaller companies and made strategic purchases to increase their service offerings to include consulting services. Over the next five years, the industry is expected to grow. The industry will benefit from stronger aggregate private investment, a growing number of US businesses and higher activity in financial markets, including increases in initial public offerings and mergers and acquisitions activity.
Firms in this industry are certified to audit the accounting records of public and private organizations and to demonstrate compliance to generally accepted accounting practices. Certified public accountants (CPAs), included in this industry, provide a variety of accounting services, including auditing accounting records, designing accounting systems, preparing financial statements, developing budgets and providing advice on matters related to accounting.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.