Industry Threats & Opportunities
- The industry experienced rapid growth as new financial regulations boosted demand
- Increased financial regulation over the past decade drove rapid industry growth
- Forensic accounting has not reached saturation, indicating profit will continue rising... purchase to read more
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 Locations Chapter
The geographic distribution of industry establishments is highly correlated with domestic population trends, given the generalized need for accounting services related to litigation on a regional level.
In 2016, the Southeast region is anticipated to account for 24.4% of the industry's total establishments. The region's dominance with respect to establishments is largely indicative of its population size. For example, in 2016, the Southeast region is expected to represent 25.6% of the domestic population. While each state in the region accounts for an important share of the industry's total establishments, Florida dominates the region, representing an estimated 7.7% of total industry facilities in 2016.
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Additional Insights for the
Forensic Accounting Services
IBISWorld identifies 250 Key Success Factors for a business.The most important for the Forensic Accounting Services Industry are Access to a highly skilled workforce Having a good reputation Having a clear market position
IBISWorld analysts also discuss how external factors such as Corporate profit and Demand from finance and insurance in the Forensic Accounting Services industry impact industry performance... purchase to read more