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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 | Apr 2016

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

The Forensic Accounting Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 11-16
7.1%
Annual Growth 16-21
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Profit
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Employment
26,074
Businesses
5,162
Industry Analysis & Industry Trends

Over the past five years, companies have increasingly relied on outside consultants, rather than in-house personnel, to investigate on their behalf. As a result, industry revenue is expected to increase over the five years to 2021. Yet, not all firms have grown at the same pace, with a number of distinctions existing between the average industry operator and the largest players. The acceptance of the industry's services, including those related to valuation, fraud and economic damages, is expected to continue its ascent. Yet, the forecast decline in the number of domestic.... purchase to read more

Industry Report - Industry Analysis Chapter

According to PricewaterhouseCoopers, in 2014 (latest available data), 37.0% of global businesses have reported being impacted by economic crime, representing a substantial rise from 30.0% in 2009 (latest data available). Another Georgetown University survey noted that about 70.0% of domestic companies were affected by some kind of fraud in 2013, up from 61.0% just one year prior. The rising economic crime rate partially explains the industry’s mounting demand, as the Forensic Accounting Services industry provides fraud prevention, detection and response offerings, among other products... 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 insolvencyElectronic data 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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