In 2024, Deloitte was the largest accounting firm in the United States with a revenue of 33 billion U.S. dollars. Leading accounting firms - additional information Deloitte was the third largest tax firm in the United States in 2023 behind PwC and Ernst & Young. Worldwide, the company generated a revenue of roughly 67 billion U.S. dollars in 2024. When broken down by region, the largest source of revenue for Deloitte came from the Americas. The number of employees at Deloitte totaled 460,000 people in the same year. Accounting services in the United States The number of accountants and auditors in the United States has remained steady between 1.3 and 1.5 million people over the last several years. In 2024, there were 1.4 million people employed in these professions. Although the sector is expected to flourish in terms of numbers, there has been a considerable gender wage gap within the accounting and auditing industry. In 2021, men earned around 230 U.S. dollars more per week than women doing the same job.

With over 140,000 professionals employed in 2024, Deloitte represented the largest accounting firm in the United States in terms of staff. In the same year, Ernst & Young (EY) came second in the list of accounting firms with the most professionals, where they employed less than half of the number of that of Deloitte. Accounting industry in the U.S. The accounting industry in the United States has proven itself to be a highly profitable industry. The revenue of accounting services in the United States has grown annually since 2013 and has shown no signs of slowing down. The average annual expenditure on accounting fees per consumer unit in the United States has also increased significantly since 2020, and reached over the 100 U.S. dollar mark for the first time in 2022. The Big Four The Big Four have continued to dominate the global market when it comes to accounting. The revenue of Deloitte, for example, reached over 67 billion U.S. dollars at the last count. As the influence of these firms have grown, they have become involved in some policymaking decisions in various countries across the globe. The outsourcing of public services by the UK government, for instance, has become a contentious issue over the last few years. This is due to hugely lucrative contracts being awarded to the Big Four and other consulting firms in the UK by the government.

Accounting Firm Services Market Outlook

The global accounting firm services market was valued at approximately USD 540 billion in 2023, and it is projected to grow to USD 820 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.8%. This steady growth is driven by the increasing complexity of regulatory environments and the globalization of businesses, which is making professional accounting services indispensable for organizations of all sizes. Additionally, the rise of digital transformation across industries is prompting firms to seek expert guidance in managing financial and regulatory compliance using advanced technologies.

A significant growth factor for the accounting firm services market is the increasing demand for transparency and accountability in financial reporting. In recent years, regulatory bodies worldwide have tightened compliance requirements, making it critical for organizations to maintain accurate and transparent financial records. This trend is not just limited to large enterprises; small and medium enterprises (SMEs) are also recognizing the importance of adhering to financial regulations to secure funding and facilitate growth. Consequently, accounting firms are in high demand for their expertise in audit and assurance services, which help businesses ensure that their financial statements are accurate and comply with the necessary regulations.

Another factor contributing to the market's growth is the rapid evolution of technology, which is transforming the way businesses operate and manage financial data. Cloud computing, artificial intelligence, and blockchain are shaping the future of accounting services, enabling firms to offer more efficient and insightful solutions. The adoption of these technologies allows for real-time financial analysis, improved accuracy, and enhanced security, making accounting services more valuable to organizations. As companies continue to integrate these technologies into their operations, accounting firms that can offer tech-savvy solutions are poised to experience significant growth.

Moreover, the global expansion of businesses is driving the need for specialized advisory services. As companies venture into new markets, they face diverse regulatory landscapes and financial challenges. Accounting firms are capitalizing on this trend by offering a wide range of advisory services that help organizations navigate these complexities. Services such as international tax planning, mergers and acquisitions advisory, and risk management are becoming increasingly sought after. This demand is further amplified by the growing focus on sustainability and corporate social responsibility, with firms requiring guidance on environmental, social, and governance (ESG) reporting.

Regionally, the accounting firm services market is witnessing varied growth patterns. North America remains a dominant player due to its established financial infrastructure and stringent regulatory environment. Meanwhile, the Asia Pacific region is emerging as a significant growth hub, driven by rapid economic development and increasing globalization of businesses. European markets are also showing promise as they adapt to post-Brexit regulatory changes and digital transformation initiatives. The Middle East & Africa and Latin America regions are expected to see moderate growth, fueled by infrastructural developments and the gradual adoption of international financial standards.

Bookkeeping Services are often seen as the backbone of financial management within organizations. These services ensure that businesses maintain accurate and up-to-date financial records, which are crucial for making informed business decisions. In an era where data-driven insights are paramount, bookkeeping services have evolved to incorporate advanced software solutions that automate routine tasks, thereby increasing efficiency and reducing the risk of human error. This evolution is particularly beneficial for small and medium-sized enterprises (SMEs) that may not have the resources to maintain a full-fledged accounting department. By outsourcing bookkeeping services, these businesses can focus on their core operations while ensuring their financial data is meticulously managed.

Service Type Analysis

The accounting firm services market, categorized by service type, includes audit and assurance, tax services, advisory services, bookkeeping, and others. Audit and assurance services hold a significant share of the market, primar

Global accounting companies continue to benefit from high demand across core markets, as the need for quality and efficient accounting services persists. Economic expansion in developed countries and high productivity growth in low-income nations fueled world GDP growth in the years immediately preceding the pandemic. As incomes rose, financial transactions, auditing and mergers and acquisitions increased, boosting demand for accounting services and aiding revenue growth. Business activity fell during the pandemic because corporations were forced to temporarily shut down and operations were affected for a prolonged period of time. Since corporate incomes were lower, fewer companies had the money to pay for accounting services, so industry revenue fell in 2020. Stock prices have soared amid the pandemic recovery, raising capital market activities. Companies pay accounting firms to help them with these activities, so revenue has surged in recent years as the world economy continues to recover. Overall, revenue for Global Accounting Services rose at a projected CAGR of 2.5% to an estimated $627.1 billion over the last five years, including an estimated 1.6% rise in 2024 alone. Profit, measured as earnings before interest and taxes, remained steady during these years. Moving forward, accountants are expected to continue to perform well during the outlook period. With increasing global internet usage, more accounting companies worldwide will replace physical bookkeeping with software-based spreadsheets and cloud computing, increasing efficiency and encouraging long-term revenue growth. As globalization becomes even more widespread, living standards in developing countries will advance, boosting business activity and demand for accounting services. Innovations in data analytics and process automation will enable accounting companies to process financial transactions more quickly, while artificial intelligence will be used to enhance cybersecurity. Nonetheless, the continued uncertainty in global equity markets surrounding inflation and interest rates will curtail any larger rate of growth. Overall, revenue for global accounting companies is expected to rise at a CAGR of 2.1% to an estimated $695.4 billion over the next five years.

Accounting firm service industry survey...........

Europe’s Accounting and Auditing industry is well-established, with leading nations like the UK and Germany generating significant revenue, partly because of London and Frankfurt being major global financial hubs. Growing enterprise numbers and employment rates have expanded the potential client pool for accounting and auditing firms. Despite the industry providing both procyclical and countercyclical services, volatile economic conditions have caused some operational disruption, though revenue has remained fairly resilient. Revenue is expected to inch upward at a compound annual rate of 0.4% over the five years through 2025 to €235 billion, including a forecast hike of 0.6% in 2025. Audit failings and poor service quality have led to enhanced regulations – most notably the introduction of the EU Audit Reform in 2016, aimed at enhancing standards and promoting competition. The reform forces large companies to change auditors every 20 years, diversifying the market by pushing more companies to use firms other than the Big Four. The industry has also come up against challenges from economic headwinds, including the COVID-19 pandemic, inflationary pressures and geopolitical tensions, which have sustained economic uncertainty and subdued business spending and dealmaking activity. The industry has been subject to intense consolidation activity, particularly in the UK, where private equity influx has driven acquisitions. Strong competition and higher operational costs have forced firms to raise fees to protect revenue and profitability. Looking ahead, improving economic conditions will bolster business sentiment and investment and drive up M&A activity, fuelling demand for accounting, audit and tax consulting services. Revenue is forecast to expand at a compound annual rate of 4.4% over the five years through 2030 to €291.8 billion. Heightened business investment and M&A activity amid anticipated improvement in economic conditions, alongside a rising number of enterprises in Europe and solid employment rates, will fuel demand for accounting, audit and tax consulting services. Firms will also have to navigate mounting digitalisation, with AI and automated solutions helping to reduce costs and free up time for the provision of value-added services, but at the same time, advanced software enabling small businesses and individuals to carry out their own accounting and tax tasks, eating away at demand. Evolving regulatory environment for businesses, including sustainability reporting and tax reforms, will boost demand and create strong revenue stream opportunities for auditing and tax consulting firms. These specialised services also stand to support profit as more complex audits and regulations will drive firms to hike their fees.

Europe’s Accounting and Auditing industry is well-established, with leading nations like the UK and Germany generating significant revenue, partly because of London and Frankfurt being major global financial hubs. Growing enterprise numbers and employment rates have expanded the potential client pool for accounting and auditing firms. Despite the industry providing both procyclical and countercyclical services, volatile economic conditions have caused some operational disruption, though revenue has remained fairly resilient. Revenue is expected to inch upward at a compound annual rate of 0.4% over the five years through 2025 to €235 billion, including a forecast hike of 0.6% in 2025. Audit failings and poor service quality have led to enhanced regulations – most notably the introduction of the EU Audit Reform in 2016, aimed at enhancing standards and promoting competition. The reform forces large companies to change auditors every 20 years, diversifying the market by pushing more companies to use firms other than the Big Four. The industry has also come up against challenges from economic headwinds, including the COVID-19 pandemic, inflationary pressures and geopolitical tensions, which have sustained economic uncertainty and subdued business spending and dealmaking activity. The industry has been subject to intense consolidation activity, particularly in the UK, where private equity influx has driven acquisitions. Strong competition and higher operational costs have forced firms to raise fees to protect revenue and profitability. Looking ahead, improving economic conditions will bolster business sentiment and investment and drive up M&A activity, fuelling demand for accounting, audit and tax consulting services. Revenue is forecast to expand at a compound annual rate of 4.4% over the five years through 2030 to €291.8 billion. Heightened business investment and M&A activity amid anticipated improvement in economic conditions, alongside a rising number of enterprises in Europe and solid employment rates, will fuel demand for accounting, audit and tax consulting services. Firms will also have to navigate mounting digitalisation, with AI and automated solutions helping to reduce costs and free up time for the provision of value-added services, but at the same time, advanced software enabling small businesses and individuals to carry out their own accounting and tax tasks, eating away at demand. Evolving regulatory environment for businesses, including sustainability reporting and tax reforms, will boost demand and create strong revenue stream opportunities for auditing and tax consulting firms. These specialised services also stand to support profit as more complex audits and regulations will drive firms to hike their fees.

Europe’s Accounting and Auditing industry is well-established, with leading nations like the UK and Germany generating significant revenue, partly because of London and Frankfurt being major global financial hubs. Growing enterprise numbers and employment rates have expanded the potential client pool for accounting and auditing firms. Despite the industry providing both procyclical and countercyclical services, volatile economic conditions have caused some operational disruption, though revenue has remained fairly resilient. Revenue is expected to inch upward at a compound annual rate of 0.4% over the five years through 2025 to €235 billion, including a forecast hike of 0.6% in 2025. Audit failings and poor service quality have led to enhanced regulations – most notably the introduction of the EU Audit Reform in 2016, aimed at enhancing standards and promoting competition. The reform forces large companies to change auditors every 20 years, diversifying the market by pushing more companies to use firms other than the Big Four. The industry has also come up against challenges from economic headwinds, including the COVID-19 pandemic, inflationary pressures and geopolitical tensions, which have sustained economic uncertainty and subdued business spending and dealmaking activity. The industry has been subject to intense consolidation activity, particularly in the UK, where private equity influx has driven acquisitions. Strong competition and higher operational costs have forced firms to raise fees to protect revenue and profitability. Looking ahead, improving economic conditions will bolster business sentiment and investment and drive up M&A activity, fuelling demand for accounting, audit and tax consulting services. Revenue is forecast to expand at a compound annual rate of 4.4% over the five years through 2030 to €291.8 billion. Heightened business investment and M&A activity amid anticipated improvement in economic conditions, alongside a rising number of enterprises in Europe and solid employment rates, will fuel demand for accounting, audit and tax consulting services. Firms will also have to navigate mounting digitalisation, with AI and automated solutions helping to reduce costs and free up time for the provision of value-added services, but at the same time, advanced software enabling small businesses and individuals to carry out their own accounting and tax tasks, eating away at demand. Evolving regulatory environment for businesses, including sustainability reporting and tax reforms, will boost demand and create strong revenue stream opportunities for auditing and tax consulting firms. These specialised services also stand to support profit as more complex audits and regulations will drive firms to hike their fees.

Graph and download economic data for Producer Price Index by Industry: Offices of Certified Public Accountants: Other Accounting Services (PCU541211541211A) from Dec 2008 to Apr 2025 about public, accounting, services, PPI, industry, inflation, price index, indexes, price, and USA.

In 2024, Deloitte roughly 21 billion U.S. dollars in revenue from its assurance segment, making it the leader in the assurance market among the Big Four. The Big Four worldwide The Big Four consist of PricewaterhouseCoopers (PwC), Deloitte, Ernst & Young (EY), and KPMG. These companies are the four largest accounting and audit firms worldwide. In 2024, they brought in more than 212 billion U.S. dollars in global combined revenue. Out of the four, Deloitte had the highest number of employees. Second in the list was Ernst & Young, followed by PwC, and KPMG. The majority of revenue generated by Deloitte came from the Americas region, as was the case with PwC and EY. The Big Four in the U.S. These four companies have the most influence in the accounting and audit sector in the United States, auditing over 80 percent of U.S. public companies. Out of the Big Four, Deloitte brought in the highest gross revenue in the United States. Following Deloitte was PwC, bringing in 22.75 billion U.S. dollars, then Ernst & Young, that brought in 21.46 billion U.S. dollars. KPMG brought in the least, generating 12.2 billion U.S. dollars the same year.

Accounting firm service industry survey...........

Accounting and audit firms in France benefit from a steady demand for services as businesses from all sectors of the economy seek their expertise to remain compliant with the increasingly complex financial environment and the requirement for many French businesses to have their financial accounts audited. The Big Four accounting firms (EY, Deloitte, PwC and KPMG) boast a solid share of the market and audit the majority of France’s largest businesses, while Mazars, BDO France and Grant Thornton are also well-established and focus on mid-sized businesses. Revenue is expected to climb at a compound annual rate of 1.7% over the five years through 2025, including a 1.4% hike in 2025 to €25.5 billion.Wider economic conditions impact demand for accounting and auditing services, with a positive market climate driving business activity and corporate transactions. Meanwhile, demand for countercyclical services, including insolvency work and advice on cost-cutting and restructuring, support revenue during periods of economic uncertainty. Accounting firms face stiff competition not just from each other but also from software solutions that enable individuals and small businesses to manage their own finances. The EU Statutory Audit Reform, in place since June 2016, has introduced mandatory audit firm rotation and restricted non-audit services, aiming to enhance competition. Heightened economic uncertainty amid the COVID-19 pandemic and severe inflationary pressures weighed on business spending and dealmaking, hindering revenue. Improving economic conditions thanks to lower inflation and interest rates support business expansionary activities, IPOs and mergers and acquisitions, driving revenue growth in 2024 and into 2025.Revenue is forecast to expand at a compound annual rate of 3.1% over the five years through 2030 to reach €29.7 billion. Anticipated growth in business sentiment and corporate transactions will aid demand for accounting and auditing services. An expanding number of businesses in France will expand the client base for accounting and auditing firms. Growing regulatory complexities and emphasis on sustainability will push businesses to seek expert guidance from accountants. Lucrative opportunities will drive some firms to expand their consulting operations, hiking their non-audit revenue share. Firms will also increasingly invest in integrating technology like AI and cloud-based solutions to improve efficiency and offer more valuable insights, enhancing client services.

This dataset provides information on 191 in Utah, United States as of June, 2025. It includes details such as email addresses (where publicly available), phone numbers (where publicly available), and geocoded addresses. Explore market trends, identify potential business partners, and gain valuable insights into the industry. Download a complimentary sample of 10 records to see what's included.

This dataset provides information on 1,239 in New York, United States as of May, 2025. It includes details such as email addresses (where publicly available), phone numbers (where publicly available), and geocoded addresses. Explore market trends, identify potential business partners, and gain valuable insights into the industry. Download a complimentary sample of 10 records to see what's included.

The global Accounting Firms Services market is experiencing robust growth, driven by the increasing complexity of business regulations, the expanding adoption of cloud-based accounting software, and the rising demand for specialized accounting services from both large enterprises and SMEs. The market, estimated at $500 billion in 2025, is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of 7% throughout the forecast period (2025-2033). Key growth drivers include the need for efficient financial management, proactive tax planning, and regulatory compliance across diverse industries. The shift towards digitalization is further fueling market expansion, with cloud-based and web-based accounting solutions gaining significant traction due to their scalability, accessibility, and cost-effectiveness. This trend is particularly pronounced in North America and Europe, which currently hold the largest market shares. However, emerging markets in Asia-Pacific and the Middle East & Africa are also demonstrating significant potential for growth, driven by increasing economic activity and a burgeoning middle class. The market segmentation reveals a strong preference for cloud-based solutions, owing to their flexibility and enhanced collaboration capabilities. Large enterprises are currently the dominant consumers of accounting firm services, reflecting their complex financial needs and the crucial role of accurate financial reporting in their decision-making processes. However, the SME segment is anticipated to witness considerable growth in the coming years, fueled by the increasing availability of affordable and user-friendly accounting solutions. While the market faces restraints such as intense competition among firms and concerns around data security, the overall outlook remains positive, with the continued digitization of financial processes and the demand for specialized accounting expertise driving future expansion. Established players like KPMG, PwC, and Deloitte are leveraging their strong brand reputation and extensive networks to maintain their market leadership, while smaller firms are focusing on niche specializations and innovative service offerings to compete effectively.

The size and share of this market is categorized based on Application (Individual, Enterprise, Others) and Product (Online Service, Offline Service) and geographical regions (North America, Europe, Asia-Pacific, South America, Middle-East and Africa).

This dataset provides information on 474 in Michigan, United States as of June, 2025. It includes details such as email addresses (where publicly available), phone numbers (where publicly available), and geocoded addresses. Explore market trends, identify potential business partners, and gain valuable insights into the industry. Download a complimentary sample of 10 records to see what's included.

Accounting firm service industry survey...........

Europe’s Accounting and Auditing industry is well-established, with leading nations like the UK and Germany generating significant revenue, partly because of London and Frankfurt being major global financial hubs. Growing enterprise numbers and employment rates have expanded the potential client pool for accounting and auditing firms. Despite the industry providing both procyclical and countercyclical services, volatile economic conditions have caused some operational disruption, though revenue has remained fairly resilient. Revenue is expected to inch upward at a compound annual rate of 0.4% over the five years through 2025 to €235 billion, including a forecast hike of 0.6% in 2025. Audit failings and poor service quality have led to enhanced regulations – most notably the introduction of the EU Audit Reform in 2016, aimed at enhancing standards and promoting competition. The reform forces large companies to change auditors every 20 years, diversifying the market by pushing more companies to use firms other than the Big Four. The industry has also come up against challenges from economic headwinds, including the COVID-19 pandemic, inflationary pressures and geopolitical tensions, which have sustained economic uncertainty and subdued business spending and dealmaking activity. The industry has been subject to intense consolidation activity, particularly in the UK, where private equity influx has driven acquisitions. Strong competition and higher operational costs have forced firms to raise fees to protect revenue and profitability. Looking ahead, improving economic conditions will bolster business sentiment and investment and drive up M&A activity, fuelling demand for accounting, audit and tax consulting services. Revenue is forecast to expand at a compound annual rate of 4.4% over the five years through 2030 to €291.8 billion. Heightened business investment and M&A activity amid anticipated improvement in economic conditions, alongside a rising number of enterprises in Europe and solid employment rates, will fuel demand for accounting, audit and tax consulting services. Firms will also have to navigate mounting digitalisation, with AI and automated solutions helping to reduce costs and free up time for the provision of value-added services, but at the same time, advanced software enabling small businesses and individuals to carry out their own accounting and tax tasks, eating away at demand. Evolving regulatory environment for businesses, including sustainability reporting and tax reforms, will boost demand and create strong revenue stream opportunities for auditing and tax consulting firms. These specialised services also stand to support profit as more complex audits and regulations will drive firms to hike their fees.

Europe’s Accounting and Auditing industry is well-established, with leading nations like the UK and Germany generating significant revenue, partly because of London and Frankfurt being major global financial hubs. Growing enterprise numbers and employment rates have expanded the potential client pool for accounting and auditing firms. Despite the industry providing both procyclical and countercyclical services, volatile economic conditions have caused some operational disruption. Revenue is expected to contract at a compound annual rate of 3% over the five years through 2024 to €225.6 billion, including a forecast dip of 2.6% in 2024. Audit failings and poor service quality have led to enhanced regulations – most notably the introduction of the EU Audit Reform in 2016, aimed at enhancing standards and promoting competition. The reform forces large companies to change auditors every 20 years, diversifying the market by pushing more companies to use firms other than the Big Four. The industry has also come up against challenges from economic headwinds, including the COVID-19 pandemic, rising inflation and geopolitical tensions (especially the Russia-Ukraine conflict). Although these conditions have subdued business sentiment and dealmaking activity, revenue has benefitted from heightened demand for countercyclical services like cost-cutting and restructuring strategies. Strong competition and higher operational costs have forced firms to raise fees to protect revenue and profitability. Looking ahead, improving economic conditions will bolster business sentiment and investment and drive up M&A activity, fuelling demand for accounting, audit and tax consulting services. Revenue is forecast to expand at a compound annual rate of 3.7% over the five years through 2029 to €270.2 billion. A rising number of enterprises in Europe and solid employment rates will expand the potential client pool for firms. However, accountants and auditors will also have to navigate mounting digitalisation, a double-edged sword that presents both opportunities and threats. At one end, AI and automated solutions are helping reduce costs and free up time for the provision of value-added services. On the other hand, advanced software enables small businesses and individuals to carry out their own accounting and tax tasks, eating away at demand. Incidents of accounting scandals have amplified regulatory scrutiny, with plans for stricter regulations in the UK and potentially other countries.