After experiencing a brief dip during the recession, revenue for the Global Accounting Services industry is expected to increase over the five years to 2017. Industry growth was underpinned by steady economic growth in developed nations as well as continued strength in many emerging nations. In addition, rising global equity values, an increase in investor optimism and an increase in demand for capital market advisory work helped propel revenue growth for the entire Global Accounting Services industry. Over the five years to 2022, a projected expansion in the global economy and global equities will foster revenue growth for the industry's audit and assurance services.
Accounting firms provide a range of financial services related to accounting. These include preparation and auditing of financial statements; tax consulting and preparation of tax returns; bookkeeping; accounting systems design; and financial and business advisory services.
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.