Industry Analysis & Industry Trends
Counting the costs
Demand for accounting services remained relatively steady during the recession, as demand from clients involved in bankruptcies or corporate restructuring offset losses. As the economy slowly recovers, revenue from these countercyclical activities will wane. Nevertheless, operators will pursue growth opportunities in niche fields in order to benefit from the new economic environment... purchase to read more
Industry Report - Industry Products Chapter
Operators in the Accounting Services industry offer a wide variety of services. The provision of non-traditional and niche accounting services has grown, especially among large operators that serve a global client base.
By far, the most dominant component of industry revenue is provided by certified public accountants (CPAs). CPAs provide a range of services in addition to auditing and assurance, including corporate advisory, financial and estate planning, forensic accounting and various consulting services. Auditing is the industry's biggest revenue-generator and is estimated to account for 44.7% of operations... purchase to read more