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 Products Chapter
The following breakdown is sourced from the American Institute of CPAs' (AICPA) forensic and valuation services trend survey. Among the firms that responded to the survey, the following is a breakdown of their specialty areas.
In 2014, 21.0% of industry revenue is anticipated to be generated from valuation services. Case types within this product segment include shareholder or partner disputes; family law or matrimonial dissolution; contractual disputes; and bankruptcy, insolvency and reorganization. According to the AICPA's survey data, cases involving shareholder or partner disputes are anticipated to increase at the fastest pace in the years ahead... purchase to read more