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Accounting Services in the US Procurement Price, Data and Insights
Accounting services include a wide range of financial services that surround the assessment, preparation, and consultation of a business's financials. Service providers include small, midsize, and large accounting firms that employ accounting professionals, which often have industry specific certifications, such as a Certified Public Accountant (CPA) certification in the United States. Buyers are private or public companies, nonprofit organizations, as well as federal, state, and local government agencies.
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What’s included in this market coverage
IBISWorld's research coverage on the Accounting Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Accounting Services market in the United States includes Capital Budgeting Planning, Cost Accounting, Financial Statement Preparation, Valuation Services and Accounting Standards Compliance. Standard coding in this coverage includes ISIC-692-Accounting, bookkeeping and auditing activities; tax consultancy, NACE-69.20-Accounting, Bookkeeping And Auditing Activities; Tax Consultancy, NAICS-541211-Offices of Certified Public Accountants and UNSPSC-84111500-Accounting services.
What common market terminology is included?
Common market terminology included in the Accounting Services procurement coverage includes Internal Control Systems (Policies and procedures established in the company to prevent unethical conduct and errors, as well as protect company property and reputation.), Out-of-Pocket Expense (An expense incurred on behalf of a buyer while performing a service (e.g., postage, printing, and travel) to be reimbursed.) and International Financial Reporting Standards (IFRS) (Accounting standards that allow easier transfer of financial documents internationally.).
What companies are included as top suppliers?
The top companies covered in the Accounting Services procurement report as suppliers are Rsm Us Llp, Grant Thornton Llp, Cohnreznick Llp, Cliftonlarsonallen Llp and Bdo Usa, Llp.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Accounting Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per hour, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Accounting Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Accounting Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Accounting Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Accounting Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Accounting Services?
The 2026 benchmark market price for Accounting Services is $212 per hour. Prices have increased at a CAGR of 3.9 from 2023-26.
Who are the top vendors in the Accounting Services market?
The top vendors in the Accounting Services market include Rsm Us Llp, Grant Thornton Llp, Cohnreznick Llp, Cliftonlarsonallen Llp and Bdo Usa, Llp.
What industries supply the Accounting Services market?
The top industries supplying the Accounting Services market are Commercial Real Estate in the US, Commercial Banking in the US, Computer & Packaged Software Wholesaling in the US, Computer Manufacturing in the US, Office Stationery Wholesaling in the US and Office Stationery Manufacturing in the US.
What is the supply chain risk for Accounting Services?
Low vendor risk supports stable, flexible procurement relationships. Vendor risk in the accounting services market is low, meaning buyers face minimal threat of disruption due to provider instability or insolvency. This enables buyers to diversify their vendor portfolios, pilot new service providers, and swiftly adapt sourcing strategies as business needs or compliance requirements shift. Buyers can negotiate multi-year agreements with confidence and focus on extracting greater value from vendors, such as added advisory services or digital tools, rather than safeguarding against operational risk.
What factors affect the price of Accounting Services?
Professional certification, such as CPA designation, typically leads to higher pricing for accounting services due to the perceived expertise, credibility, and adherence to regulatory standards that certified professionals bring. For instance, firms with certified staff can command premium rates for services like financial statement preparation and valuation due to their enhanced capability to ensure compliance with accounting standards and deliver higher-quality insights.
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