Accounting Services in Australia: Market Research Report

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

Accounting Services Market Research Report | ANZSIC M6932 | Sep 2015

Service shift: Advisory services have grown rapidly, due to a risk-averse business climate

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
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The Accounting Services industry's revenue has grown over the past five years, shrugging off any lingering effects of the global financial crisis. Higher levels of private capital expenditure have boosted demand for industry services, as firms require due diligence and audit services prior to undertaking planned capital expenditure. Tax and audit services have therefore remained a dependable source of revenue for industry firms over the past five years. In addition, revenue has increased as clients have looked to accounting firms for advice on trimming costs and becoming more competitive amid challenging economic conditions. The industry has also expanded its advisory services by incorporating new technology, such as data analytics... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Accounting Services industry is in the mature phase of its life cycle, with its performance largely in line with real GDP growth. Industry value added, a measure of the industry's contribution to the overall economy, is forecast to grow by an annualised 2.8% over the 10 years through 2020-21. GDP is expected to grow by an annualised 2.8% over the same period, which means that the industry's contribution to the overall economy is expected to remain unchanged. Operators benefit indirectly from the amount of financial activity that takes place in any given year due to the ensuing need for tax, advisory and audit services. Therefore, any growth in the overall economy will be reflected in the performance of these operators... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Accounting Services Industry?

Firms in the industry are primarily engaged in the provision of 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 servicesAdvisory servicesTax ServicesBookkeeping
Industry Activities
Accounting Auditing Bookkeeping Tax agent service provision

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