Accounting Services Market Global Briefing 2018

Accounting Services Market Global Briefing 2018
Starting Price : $ 1000.00 | Pages : 42 | Published : January 2018

SKU CODE : 2746 | Format :

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.

North America was the largest region in the accounting services market in 2017, accounting for around 42% market share. Western Europe was the second largest region accounting for around 25% market share. Africa was the smallest region accounting for around 4% market share.

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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