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Accounting Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Accounting Services Market Research Report | ANZSIC M6932 | Jul 2014

Adding up: Improving business conditions will drive stronger revenue growth

The Accounting Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 10-15
3.3%
Annual Growth 15-20
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Profit
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Employment
136,480
Businesses
32,920
Industry Analysis & Industry Trends

The Accounting Services industry's revenue has shown strong growth over the past five years, shrugging off any lingering effects of the global financial crisis on professional service companies. The industry recorded weak growth in 2009-10, before growing strongly in 2010-11. This included strong returns from the four largest firms in the industry. Over the period, businesses have increasingly sought to restructure, which requires accounting services for due diligence and auditing. The industry has expanded its advisory services as professional services firms have sought new ways to increase profit... purchase to read more

Industry Report - Industry Key Buyers Chapter

The industry has a low level of market share concentration. The top four accounting firms in the industry account for approximately 19.0% market share. Commonly referred to as the big four, PricewaterhouseCoopers (PwC), Ernst & Young, Deloitte and KPMG dominate the industry through their tax and audit services. These firms also provide consultancy services and release publications and submissions with high-profile clients. This builds reputation throughout the industry. Smaller companies, such as WHK Group and BDO, also have good reputations while servicing a large number of small to medium enterprises, which represent a growing market for the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Accounting Services Industry?

Firms in this industry provide accounting, auditing and bookkeeping services. The services provided relate to all areas of taxation, financial reporting and auditing. Many firms also offer business advice and assistance.

Industry Products
Audit servicesBusiness tax servicesAdvisory servicesPersonal tax servicesBookkeepingInsolvency, reconstruction and bankruptcies
 
Industry Activities
Accounting Auditing Bookkeeping Tax agent service provision


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