Industry Report - Industry Analysis Chapter
Over the five years to 2017, demand for audit, tax, advisory and other accounting-related services has increased modestly, buoyed by steady economic expansion in developed countries (e.g. the United States), strong economic growth in developing nations and an increase in the number of new businesses overall, Consequently, over the five years to 2017, revenue for the Global Accounting Services industry is expected to increase an annualized 3.4% to total $495.5 billion. Furthermore, rising corporate profit rates and global equity markets have led to an increase in global merger and acquisition (M&A) activity over the past five years. Thi...purchase to read more.
Additional Insights for the
Global Accounting Services
Industry
IBISWorld identifies 250 Key Success Factors for a business.The most important for the Global Accounting Services Industry are
Ability to quickly adopt new technology Having a good reputation Having a loyal customer base
IBISWorld analysts also discuss how external factors such as World GDP and MSCI World Index in the Global Accounting Services industry impact industry performance..
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