Accounting and Financial Management - UK - February 2018
“Many recent acquisitions by major accountancy firms have revolved around the technology space, such as big data, analytics and digitisation, which is playing an increasingly important role in consultancy services. This trend is set to continue, with larger firms looking to strengthen their multi-disciplinary skills and advisory practices through medium‑sized or boutique bolt‑on acquisitions. Cyber security and risk consultancy companies also remain popular acquisition targets for accountancy firms.
Larger firms are also increasingly forming strategic alliances with technology and software companies to be at the forefront of technology innovation. Greater use of automation, cloud computing, big data analytics, digital platforms and increasingly AI, are set to remain key focuses of investment in the accounting industry for the foreseeable future.”
- Claudia Preedy - B2B Analyst
This report addresses the following key questions concerning the UK accounting and financial management market:
How has the UK accounting and financial management market performed over the last five years?
How are technological advancements impacting the sector?
What are the major trends and issues affecting the market?
How have key players performed in recent years?
How is the market expected to develop over the next five years?