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Accounting Services Global Market Briefing 2017

Accounting Services Global Market Briefing 2017

From $750.00

Accounting Services provide systematic and comprehensive recording of financial transactions pertaining to businesses. The service involves summarizing, analyzing, auditing and reporting of the financial transactions for tax collection agencies and entities. It also involves auditing and preparing financial statements, designing accounting systems, developing budgets and accounting advisory.

Including – Offices of Certified Public Accountants, Tax Preparation Services and Payroll Services.

Covering – PwC, EY, Deloitte, KPMG and BDO International.


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SKU: 1471. Categories: , .
Description

Accounting Services Global Market Briefing Report from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.

The market characteristics section of the report defines and explains the market.

The market size section gives the Accounting Services market revenues, covering both the historic growth of the market and forecasting the future.

Drivers and restraints looks at the external factors supporting and controlling the growth of the market.

Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.

Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.

The trends and strategies section highlights the likely future developments in the accounting services market and suggests approaches.

 Reasons to Purchase

• Get up to date information available on the Accounting Services market globally.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.

Scope

Markets Covered: General Professional Services, Legal Services and Accounting Services
Companies Mentioned: PwC, Ernst & Young, Deloitte, KPMG, BDO International and Grant Thornton
Geographic scope: Americas, Europe, Asia, Middle East and Africa, Oceania.
Time series: Five years historic and forecast.
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, market share of competitors, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Table of Contents
Accounting Services Market Characteristics 5
Accounting Services Market Historic Growth 6
Drivers of the Market 6
Restraints On The Market 7
Accounting Services Market Forecast Growth 8
Drivers of the Market 8
Restraints On The Market 9
Accounting Services Compared With Other Segments Of Professional Services 10
General Professional Services 11
Legal Services 11
Accounting services 11
Global Professional Services Market, Historic and Forecast, By Segment, 2012 – 2020 11
Accounting Services Market Regional and Country Comparison 12
Global Accounting Services Market, Split By Region, 2016 12
Global Accounting Services Market, Historic and Forecast Growth Rate, By Region, 2012 – 2020 13
Global Accounting Services Market, Split By Country, 2016 15
Global Accounting Services Market, Historic and Forecast Growth Rate, Split By Country, 2012 – 2020 17
Accounting Services Market Comparison 19
Accounting Services Market Size, Split By Segments, 2016, $ Billion 19
Payroll And Bookkeeping Services 19
Tax Preparation Services 19
Other Accounting Services 19
Accounting Services Market Competitors 20
PwC 21
Ernst & Young 22
Deloitte 22
KPMG 24
BDO International 24
Accounting Services Market Mergers and Acquisitions 26
Accounting Services Market Trends And Strategies 27
Increase In Outsourcing At Accounting Firms 27
Accounting Service Companies Collaborating With Technology Companies 27
Digital Tax Economy Evolution 27
The Continued Rise Of The Cloud 27
Professional Services Appendix 28
Accounting Services 28
Design, Research, Promotional And Consulting Services 28
Architectural, Engineering, And Related Services 28
Specialized Design Services 29
Management Consulting Services 30
Environmental Consulting Services 31
Scientific Research And Development Services 31
Advertising, Public Relations, And Related Services 32
Market Research And Other General Professional Services 33
Photographic Services 33
Legal Services 33
Abbreviations 34
Currencies 34
Research Inquiries 34
The Business Research Company 34
Executive Summary
Accounting services provide systematic and comprehensive recording of financial transactions pertaining to businesses. The service involves summarizing, analyzing, auditing and reporting of the financial transactions for tax collection agencies and entities. It also involves auditing and preparing financial statements, designing accounting systems, developing budgets and accounting advisory.
The largest geographic markets by consumption in the accounting services sector are the Americas and Europe. The Americas was the largest region in the accounting market in 2016, accounting for 48.0% market share. This was mainly due to high demand for bookkeeping, tax return preparation, and payroll processing from government and commercial establishments and rising demand for tax filings from individual customers. Europe was the second largest region accounting nearly 35.4% market.
Some accountants are outsourcing typical basic accounting tasks such as payroll accounting, accounts payable and accounts receivable to allow their employees to focus on higher value activities such as becoming vertical experts in their customer’s markets and analyzing their clients' business data. This extra attention and analysis is transforming the role of a traditional accountant into a business advisor and takes customer service to the next level by developing strong counsel-focused relationships.
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