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Forensic Accounting Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Forensic Accounting Services Market Research Report | Advisory & Financial Services | Insurance Services | Jul 2014

Follow the money: Demand for forensic accounting services will soar as financial regulation rises

IBISWorld’s Forensic Accounting Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Deloitte Deloitte market share
EY EY market share
KPMG KPMG market share
PwC PwC market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 09-14
8.7%
Annual Growth 14-19
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Profit
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Employment
23,846
Businesses
4,886
Industry Analysis & Industry Trends

In the past five years, demand for forensic accounting services surged as financial regulation increased and the number of bankruptcies and corporate restructures rose sharply. Businesses turned to the industry for aid in assessing and correcting the damage inflicted during the recession as well as for assistance with litigation. Though internal competition and competition from other industries' in-house forensic accounting services are forecast to rise over the next five years, growth will continue as opportunities arise in niche and emerging markets.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Forensic Accounting Services industry is in the growth stage of its economic life cycle; this stage is characterized by consistent growth in industry participation levels and a mounting acceptance of industry offerings among downstream clients. Industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to increase at an annualized rate of 10.5% during the 10 years to 2019. In contrast, US GDP is projected to grow at an annualized rate of 2.5% during the same period. Typically, an industry is considered to be in the growth phase of its life cycle when IVA growth exceeds that of the overall economy over a 10-year period... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Forensic Accounting Services Industry?

This industry provides services that apply accounting concepts and techniques to legal problems. Forensic accountants investigate and document financial fraud and white-collar crimes. They also provide litigation support to attorneys and law enforcement agencies that investigate financial wrongdoings.

Industry Products
ValuationFraud prevention, detection and responseEconomic damagesFamily lawFinancial statement misrepresentationsBankruptcy and insolvencyComputer forensic analysis
 
Industry Activities
Providing commercial and fraud investigation supportProviding fraud detection servicesProviding anti-corruption and fraud risk management servicesProviding asset recovery servicesProviding business intelligencePerforming investigative due diligenceProviding litigation support


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