Industry Analysis & Industry Trends
The Accounting and Auditing industry displays a low level of revenue volatility. Regardless of economic conditions, the statutory requirement for the submission of audited financial accounts by most businesses provides the industry with a stable revenue base. It is estimated that the industry suffered only marginally at the hands of the recession, reflecting its stability. In 2011-12, industry revenue is forecast to increase 1.9% to £14.8 billion. Over the five years through 2011-12, revenue is estimated to grow 1.5% per annum... purchase to read more
Industry Report - Industry Key Buyers Chapter
While the Big Four (PricewaterhouseCoopers, Deloitte, KPMG, and Ernst & Young) are widely recognised as dominant in the Accounting and Auditing industry, they are estimated to account for a combined market share of only about 13%. The Big Four are dominant among publicly listed companies and large privates. The vast majority of publicly listed companies are audited by one of the Big Four firms. However, the remainder of the industry consists of a large number of small to medium-size firms servicing the vast numbers of small and medium-size businesses operating in the United Kingdom... purchase to read more