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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

IBISWorld’s Forensic Accounting Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 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 8.7% during the 10 years to 2021. In contrast, US GDP is projected to grow at an annualized rate of 2.2% 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. IVA growth that is much faster than corresponding GDP growth is characteristic of a growing industry... 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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