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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Starting a New Business Chapter

The Forensic Accounting Services industry operates with low barriers to entry, reflective of the industry's moderate level of competition and large number of small accounting firms. Yet, a number of important barriers exist, including regulation, labor access and capital constraints.

The industry operates under a strict regulatory landscape. The Securities and Exchange Commission (SEC) has responsibility for ensuring that proper auditing standards and outcomes are achieved for all public companies. Regulation of this industry increased following the investigation by the SEC and Congress into the Enron financial collapse and the role of its accounting firm... 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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