54 datasets found
  1. i

    Accounting & Auditing in the UK

    • ibisworld.com
    Updated Jan 15, 2025
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    IBISWorld (2025). Accounting & Auditing in the UK [Dataset]. https://www.ibisworld.com/united-kingdom/market-size/accounting-auditing/3880/
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    Dataset updated
    Jan 15, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2013 - 2032
    Area covered
    United Kingdom
    Description

    Market Size statistics on the Accounting & Auditing industry in the UK

  2. Accounting & Auditing in the UK - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Oct 2, 2025
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    IBISWorld (2025). Accounting & Auditing in the UK - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-kingdom/market-research-reports/accounting-auditing-industry/
    Explore at:
    Dataset updated
    Oct 2, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United Kingdom
    Description

    The accounting and auditing industry benefits from the wide range of businesses it serves and because many UK businesses need to have their financial accounts audited. During periods of economic growth, demand for accounting and auditing services picks up. During adverse economic conditions, revenue remains fairly stable thanks to demand for countercyclical services, like restructuring and cost-cutting advice. Although the Big Four accounting firms – PwC, Deloitte, EY and KPMG – have a strong market presence, competition is intensifying. Meanwhile, the industry is experienced significant merger and acquisition activity, fuelled by private equity investment. Despite economic hardships in recent years, higher audit fees have driven revenue growth. Industry revenue is expected to climb at a compound annual rate of 5.8% to £39.8 billion over the five years through 2025-26, including a projected growth of 1.6% in 2025-26. Following a solid recovery from the dip caused by the pandemic in 2021-22, revenue has been on an upward trajectory, driven by rising fees to combat swelling costs as auditors contend with the inflationary environment, regulatory pressures and skill shortages. Alongside technology integration, rising consolidation activity and private equity investment are key trends affecting firms, particularly over recent years. The average industry profit margin has benefitted from soaring audit fees but has been constrained as the Financial Reporting Committee ratchets fines and clamps down on poor audit work alongside climbing wage costs. Over the five years through 2030-31, industry revenue is forecast to swell at a compound annual rate of 4.1% to £48.6 billion. Increasingly stringent regulations and severe skill shortages are here to stay, keeping audit fees high and supporting revenue growth. Subsiding inflation and improving business confidence will encourage business expenditure and M&A activity, boosting demand for accounting and audit services. Technological advances and growth ambitions will drive consolidation activity, with many firms seeking external funding to boost competitiveness. Considering the continued controversy surrounding poor audit quality from some of the larger firms, the proposed new Audit, Reporting and Governance Authority will implement more stringent regulation in addition to potential audit reforms by the UK government. Higher regulation could help improve competition and reduce market share concentration, though it may also hoist firms’ costs, constraining profit growth.

  3. Turnover of the legal & accounting activities industry in the UK 2009-2018

    • statista.com
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    Statista, Turnover of the legal & accounting activities industry in the UK 2009-2018 [Dataset]. https://www.statista.com/statistics/410840/turnover-legal-accounting-activities-united-kingdom/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2018, the turnover of the legal and accounting industry in the United Kingdom increased by 4.1 billion euros (+6.15 percent) since 2017. In total, the turnover amounted to 70 billion euros in 2018. This increase was preceded by a declining turnover in this industry.Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.Find more statistics on the legal and accounting industry in the United Kingdom with key insights such as production value and personnel costs.

  4. Production value of legal & accounting activities in the UK 2010-2018

    • statista.com
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    Statista, Production value of legal & accounting activities in the UK 2010-2018 [Dataset]. https://www.statista.com/statistics/412231/production-value-legal-accounting-activities-industry-united-kingdom/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2018, the production value of the legal and accounting industry in the United Kingdom increased by 5.2 billion euros (+7.42 percent) since 2017. In total, the production value amounted to 74.6 billion euros in 2018. This increase was preceded by a declining production value in this industry.The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.Find more statistics on the legal and accounting industry in the United Kingdom with key insights such as turnover and personnel costs.

  5. Accounting & Auditing in the UK

    • ibisworld.com
    Updated Oct 15, 2025
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    IBISWorld (2025). Accounting & Auditing in the UK [Dataset]. https://www.ibisworld.com/united-kingdom/number-of-businesses/accounting-auditing/3880/
    Explore at:
    Dataset updated
    Oct 15, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2013 - 2032
    Area covered
    United Kingdom
    Description

    Number of Businesses statistics on the Accounting & Auditing industry in the UK

  6. Bookkeeping in the UK - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Oct 16, 2025
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    IBISWorld (2025). Bookkeeping in the UK - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-kingdom/market-research-reports/bookkeeping-industry/
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    Dataset updated
    Oct 16, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United Kingdom
    Description

    Bookkeeping companies have been forced to adapt to technological change, with tech advancements and changing client preferences significantly boosting online bookkeeping and cloud accounting. This has encouraged online-only bookkeepers to enter the market while more traditional bookkeepers have been left behind. Meanwhile, wider economic conditions have impacted business confidence and budgets, dictating expenditure on outsourcing needs like bookkeeping. Industry revenue is set to climb at a compound annual rate of 1.7% over the five years through 2025-26, including a 1.8% hike in 2025-26 to £6.8 billion. Industry performance has largely been shaped by a blend of economic pressures and rapid technological advancement. As business confidence and profit have been under pressure amid lingering economic uncertainty, including elevated inflation, geopolitical tensions and US trade war fears, spending on bookkeeping services has been constrained in recent years. With ongoing pressures, many companies have been bringing bookkeeping activities in-house to cut costs; the greater availability of software has only furthered this trend. Overseas bookkeeping companies pose another threat to domestic providers, as their lower labour costs allow them to offer services at cheaper rates. Nonetheless, domestic bookkeepers’ expertise and knowledge of UK rules make them more trustworthy and a preferred option for most British businesses. Industry revenue is forecast to expand at a compound annual rate of 2.5% to £7.7 billion over the five years through 2030-31. The number of UK businesses are anticipated to inch upwards, giving bookkeepers a larger client base, particularly as most new businesses are SMEs. Competition from overseas bookkeeping companies will remain strong as technologies continue to advance. Yet, domestic providers maintain an edge through deep knowledge of local compliance standards and the ability to offer bespoke, high-value support to UK businesses, especially larger clients and regulated sectors. Advances in DIY bookkeeping software will likely reduce the necessity for traditional bookkeepers unless they provide more value-added services and adapt to evolving client demands. AI, automation and integrated cloud solutions will help fuel efficiency and enable firms to overcome staff shortages.

  7. Legal & Accounting Activities in the UK - Market Research Report (2015-2030)...

    • ibisworld.com
    Updated May 15, 2025
    + more versions
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    IBISWorld (2025). Legal & Accounting Activities in the UK - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-kingdom/industry/legal-accounting-activities/200082/
    Explore at:
    Dataset updated
    May 15, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United Kingdom
    Description

    This industry includes firms that provide legal and accountancy services. Legal services include solicitors, barristers, patent agents, notaries and bailiffs. Lawyers provide advocacy and advice on a range of topics, such as commercial, property, private, criminal and family law. Law courts aren't included. Accountancy firms prepare and examine financial accounts and are responsible for the certification of their accuracy.

  8. U

    United Kingdom SIT: Accounting, Bookkeeping & Auditing

    • ceicdata.com
    Updated Oct 15, 2025
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    CEICdata.com (2025). United Kingdom SIT: Accounting, Bookkeeping & Auditing [Dataset]. https://www.ceicdata.com/en/united-kingdom/industrial-turnover-value-services/sit-accounting-bookkeeping--auditing
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    Dataset updated
    Oct 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jul 1, 2017 - Jun 1, 2018
    Area covered
    United Kingdom
    Variables measured
    Industrial Sales / Turnover
    Description

    United Kingdom SIT: Accounting, Bookkeeping & Auditing data was reported at 2,599.500 GBP mn in Oct 2018. This records an increase from the previous number of 2,295.500 GBP mn for Sep 2018. United Kingdom SIT: Accounting, Bookkeeping & Auditing data is updated monthly, averaging 1,417.950 GBP mn from Jan 1998 (Median) to Oct 2018, with 250 observations. The data reached an all-time high of 2,599.500 GBP mn in Oct 2018 and a record low of 673.500 GBP mn in May 1998. United Kingdom SIT: Accounting, Bookkeeping & Auditing data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.C002: Industrial Turnover Value: Services.

  9. Finance Accounting Business Process Outsourcing Market Analysis North...

    • technavio.com
    pdf
    Updated Dec 28, 2023
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    Technavio (2023). Finance Accounting Business Process Outsourcing Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, UK, Germany - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/finance-accounting-business-process-outsourcing-market-industry-analysis
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Dec 28, 2023
    Dataset provided by
    TechNavio
    Authors
    Technavio
    License

    https://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice

    Time period covered
    2024 - 2028
    Area covered
    Germany, United Kingdom, United States, Canada
    Description

    Snapshot img

    Finance Accounting Business Process Outsourcing Market Size 2024-2028

    The finance accounting business process outsourcing market size is forecast to increase by USD 27.30 billion at a CAGR of 7.85% between 2023 and 2028. The market is experiencing significant expansion, driven by several key factors. Firstly, companies are increasingly prioritizing cost reduction through outsourcing their finance and accounting functions. Secondly, the number of finance accounting BPO service providers is surging, offering businesses a wide range of options to choose from. Lastly, the need for accounting agility is on the rise, with businesses requiring real-time financial data and analysis to make informed decisions. The integration of artificial intelligence and machine learning technologies is further enhancing accounting processes, enabling businesses to automate data analysis, predict trends, and gain deeper insights for more accurate and timely decision-making. This trend is expected to continue, as more organizations seek to streamline their operations and improve their financial performance.

    Request Free Sample

    The market is evolving rapidly, particularly in India and the Philippines, where businesses leverage cost-saving solutions. Companies are implementing Business Continuity Plans (BCP) to ensure resilience while integrating process automation technologies and cloud computing. Knowledge Process Outsourcing (KPO) is becoming essential for specialist processes like accounts payable, accounts receivable, general ledger, and treasury and cash management. The modernization effort includes adopting hybrid cloud solutions and AI insights to create intelligent workflows and enhance business analytics. Social media marketing services are also being integrated to drive customer engagement. By focusing on end-to-end experiences and intelligent processes, organizations can optimize yield management and improve overall efficiency in financial operations.

    Further, the market is thriving, particularly in India and the Philippines, where financial organization seek cost saving solutions. Leveraging AI insight enables enterprises' leadership to make smart decision-making based on continuous, real-time insights. Understanding the CFO's imperatives is crucial for BPO industry providers, as they tailor their services to meet the unique needs of finance and accounting organization. The F&A domain encompasses critical functions such as shareholder accounting, collections, and financial administration. Additionally, risk analytics plays a vital role in enhancing decision-making and mitigating potential pitfalls. As companies increasingly turn to BPO contract for efficiency, the focus on data analysis will drive further innovation and improvements in the financial services landscape.

    Market Segmentation

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    End-user
    
      Large enterprises
      SMEs
    
    
    Application
    
      BFSI
      IT and telecommunications
      Manufacturing
      Healthcare
      Others
    
    
    Geography
    
      North America
    
        Canada
        US
    
    
      Europe
    
        Germany
        UK
    
    
      APAC
    
        China
    
    
      South America
    
    
    
      Middle East and Africa
    

    By End-user Insights

    The large enterprises segment is estimated to witness significant growth during the forecast period. The large enterprise segment is the most important end-user of business accounting software in the global market. In addition, large enterprises have many operations, a large number of resources, and a complex set of financial management requirements. Therefore, they need finance accounting business process outsourcing that is able to manage large transactions, provide comprehensive financial reports, and offer sophisticated financial analysis and forecasting capabilities.

    Moreover, one of the main reasons why large enterprises automate financial processes and minimize manual mistakes. In addition, these large enterprises handle hundreds of transactions every day, such as sales, procurement, and payroll. Furthermore, finance accounting business process outsourcing helps assist these large enterprises in accounting and payroll, among other services in finance. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.

    Get a glance at the market share of various segments Request Free Sample

    The large enterprises segment accounted for USD 29.88 billion in 2018 and showed a gradual increase during the forecast period.

    Regional Insights

    North America is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast pe

  10. AI In Accounting Market Analysis, Size, and Forecast 2025-2029: North...

    • technavio.com
    pdf
    Updated Aug 1, 2025
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    Technavio (2025). AI In Accounting Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, and UK), APAC (China, India, and Japan), South America (Brazil), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/ai-in-accounting-market-industry-analysis
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Aug 1, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    License

    https://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice

    Time period covered
    2025 - 2029
    Area covered
    United States
    Description

    Snapshot img

    AI In Accounting Market Size 2025-2029

    The AI in accounting market size is valued to increase by USD 16 billion, at a CAGR of 42.9% from 2024 to 2029. Heightened demand for automation and operational efficiency will drive the ai in accounting market.

    Major Market Trends & Insights

    North America dominated the market and accounted for a 37% growth during the forecast period.
    By Component - Software segment was valued at USD 241.90 billion in 2023
    By Technology - Machine learning segment accounted for the largest market revenue share in 2023
    

    Market Size & Forecast

    Market Opportunities: USD 5.00 million
    Market Future Opportunities: USD 16001.90 million
    CAGR from 2024 to 2029 : 42.9%
    

    Market Summary

    The market is experiencing significant growth, with recent estimates suggesting it will reach a value of USD15.7 billion by 2023. This expansion is driven by the heightened demand for automation and operational efficiency in financial operations. By integrating artificial intelligence (AI) into accounting processes, businesses can streamline tasks, reduce errors, and enhance productivity. However, the implementation of AI in accounting also presents challenges, particularly regarding data privacy and security concerns. As businesses increasingly rely on AI for financial data management, ensuring robust security protocols and maintaining regulatory compliance become paramount. Despite these challenges, the future of AI in accounting looks bright, with trends such as machine learning, natural language processing, and predictive analytics set to transform the industry.
    These advanced technologies enable more accurate financial forecasting, real-time fraud detection, and improved customer service. As AI continues to evolve, it will undoubtedly reshape the accounting landscape, offering significant benefits to businesses seeking to optimize their financial operations.
    

    What will be the Size of the AI In Accounting Market during the forecast period?

    Get Key Insights on Market Forecast (PDF) Request Free Sample

    How is the AI In Accounting Market Segmented ?

    The AI in accounting industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Component
    
      Software
      Services
    
    
    Technology
    
      Machine learning
      Robotic process automation
      NLP
      Computer vision
      Others
    
    
    Application
    
      Automated data entry
      Forecasting and predictive analytics
      Invoice classification and processing
      Fraud detection
      Others
    
    
    Deployment
    
      Cloud-based
      On-premises
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        UK
    
    
      APAC
    
        China
        India
        Japan
    
    
      South America
    
        Brazil
    
    
      Rest of World (ROW)
    

    By Component Insights

    The software segment is estimated to witness significant growth during the forecast period.

    The market is experiencing significant growth and transformation, with the global industry forecasted to reach a value of USD15.3 billion by 2026, growing at a compound annual growth rate (CAGR) of 22.2% during the 2021-2026 period. This market expansion is driven by the increasing adoption of intelligent accounting software, which automates and enhances financial processes through advanced technologies like machine learning, predictive analytics, and deep learning. These solutions streamline workflows, reduce human error, and improve compliance, offering benefits such as real-time financial reporting, increased audit coverage, and algorithmic auditing techniques. In particular, cloud-based AI accounting systems have gained popularity due to their cost reduction, scalability, and ability to provide instant financial insights.

    Predictive analytics finance, financial statement automation, and AI-driven fraud detection are some of the key applications of AI in accounting. Furthermore, AI-powered tax preparation and blockchain accounting systems are emerging trends in the market. The use of AI in accounting leads to enhanced audit efficiency, better decision making, and risk mitigation strategies, ultimately contributing to faster financial closes and improved regulatory compliance.

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    The Software segment was valued at USD 241.90 billion in 2019 and showed a gradual increase during the forecast period.

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    Regional Analysis

    North America is estimated to contribute 37% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

    See How AI In Accounting Market Demand is Rising in North America Request Free Sample

    The North American the market demonstrates a high level of maturity and extensive adopt

  11. Accounting Software Market Analysis North America, Europe, APAC, Middle East...

    • technavio.com
    pdf
    Updated Nov 7, 2024
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    Technavio (2024). Accounting Software Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, China, UK, Japan, Canada, India, Germany, South Korea, Italy, Brazil - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/accounting-software-market-industry-analysis
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Nov 7, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    License

    https://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice

    Time period covered
    2024 - 2028
    Area covered
    United States, Canada, United Kingdom
    Description

    Snapshot img

    Accounting Software Market Size 2024-2028

    The accounting software market size is forecast to increase by USD 6.29 billion at a CAGR of 8.8% between 2023 and 2028.

    The market is experiencing significant growth due to the increasing adoption of IT and Telecommunication solutions among various industries. Cloud-based accounting software is becoming increasingly popular, particularly among Small and Medium-sized Enterprises (SMEs), due to its ease of use and cost-effectiveness. The rise of e-commerce platforms is also driving the demand for accounting software with seamless integration. Automated bank feeds and billing are key features that are increasingly in demand to streamline the accounting process. However, data privacy and security concerns remain a challenge for the market. In the Oil and Gas and Healthcare industries, for instance, stringent regulations necessitate strong security measures. Overall, the market is poised for continued growth, with Financial software providers continually innovating to meet the evolving needs of businesses.
    

    What will be the Size of the Market During the Forecast Period?

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    The market is witnessing significant growth due to the increasing demand for efficient and automated accounting solutions among Small and Medium-sized Enterprises (SMEs) and other businesses. These businesses require advanced accounting information systems to manage their basic accounting needs, including general ledger, accounts receivable, accounts payable, payroll, inventory, customer relationship management (CRM), and supply chain management. Cloud-based solutions are increasingly gaining popularity in the market due to their flexibility and accessibility. Financial software that offers e-commerce integration, automated bank feeds, and automated billing are essential features for businesses looking to streamline their accounting processes.
    In addition, accounts payable and accounts receivable automation is a critical aspect of accounting software, enabling businesses to manage their cash flow effectively. Business payroll functionality is also essential for managing employee compensation and tax calculations. Invoicing is another vital function of accounting software, allowing businesses to generate and send invoices to customers, track payments, and manage overdue accounts. Project management capabilities are also becoming increasingly important, enabling businesses to manage budgets, track time, and monitor project progress. Bank reconciliation is a crucial aspect of accounting, ensuring that the records in the accounting software match the records from the bank.
    

    How is this market segmented and which is the largest segment?

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Deployment
    
      On premises
      Cloud
    
    
    Geography
    
      North America
    
        Canada
        US
    
    
      Europe
    
        Germany
        UK
        Italy
    
    
      APAC
    
        China
        India
        Japan
        South Korea
    
    
      Middle East and Africa
    
    
    
      South America
    
        Brazil
    

    By Deployment Insights

    The on premises segment is estimated to witness significant growth during the forecast period.
    

    Accounting software refers to digital tools designed for financial management tasks, including invoicing, tax calculations, debt management, and bank reconciliation. These solutions enable businesses to streamline their financial operations and gain real-time insights into their financial data. Advanced accounting software may also offer project management capabilities and integration with other enterprise systems, such as Customer Relationship Management (CRM), supply chain management, and Enterprise Resource Planning (ERP). On-premises accounting software is installed on a business's native IT infrastructure, providing secure access to financial data within the company's network. This setup offers protection against cybersecurity threats and allows for lower long-term costs, as updates and upgrades are managed internally.

    However, it requires a one-time installation and the purchase of new licenses for access to the latest features. Modern accounting software goes beyond basic financial management functions, offering customizable solutions tailored to specific industries and business needs. By automating repetitive tasks and providing real-time financial insights, these tools help businesses make informed decisions and improve overall efficiency. Additionally, cloud-based accounting software offers the flexibility of remote access and real-time collaboration, making it an attractive option for businesses with distributed teams or those seeking scalability and agility. In conclusion, accounting software plays a crucial role in financial management, tax planning, and debt management

  12. Accounting & Auditing in Europe - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Jun 15, 2025
    + more versions
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    IBISWorld (2025). Accounting & Auditing in Europe - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/europe/industry/accounting-auditing/200284/
    Explore at:
    Dataset updated
    Jun 15, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    Europe
    Description

    Europe’s Accounting and Auditing industry is well-established, with leading nations like the UK and Germany generating significant revenue, partly because London and Frankfurt are 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 deal-making 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. 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. Companies 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. The 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.

  13. Number of professionals at the leading accounting firms in the U.S. 2024

    • statista.com
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    Statista, Number of professionals at the leading accounting firms in the U.S. 2024 [Dataset]. https://www.statista.com/statistics/188929/number-of-professionals-at-leading-us-accounting-firms-2011/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    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.

  14. Financial sector: accounting & management consulting employment London...

    • statista.com
    Updated Oct 16, 2015
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    Statista (2015). Financial sector: accounting & management consulting employment London 2007-H1 2015 [Dataset]. https://www.statista.com/statistics/298368/uk-financial-sector-accounting-employment-in-london/
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    Dataset updated
    Oct 16, 2015
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    This statistic shows the employment figures for the accounting and management consulting sector in London, United Kingdom (UK) from 2007 to the 1st half of 2015. In 2014, the number of people employed in the sector in London amounted to 248,800.

  15. Carbon Accounting Software Market Analysis North America, Europe, APAC,...

    • technavio.com
    pdf
    Updated Dec 28, 2024
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    Technavio (2024). Carbon Accounting Software Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, UK, Canada, China, Germany, Japan, France, India, South Korea, Italy - Size and Forecast 2025-2029 [Dataset]. https://www.technavio.com/report/carbon-accounting-software-market-size-industry-analysis
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    pdfAvailable download formats
    Dataset updated
    Dec 28, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    License

    https://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice

    Time period covered
    2025 - 2029
    Description

    Snapshot img

    Carbon Accounting Software Market Size 2025-2029

    The carbon accounting software market size is forecast to increase by USD 33.08 billion, at a CAGR of 38.5% between 2024 and 2029.

    Major Market Trends & Insights

    North America dominated the market and accounted for a 48% growth during the forecast period.
    By the End-user - Telecommunication segment was valued at USD 478.50 billion in 2023
    By the Deployment - Cloud-based segment accounted for the largest market revenue share in 2023
    

    Market Size & Forecast

    Market Opportunities: USD 1.00 billion
    Market Future Opportunities: USD USD 33.08 billion 
    CAGR : 38.5%
    North America: Largest market in 2023
    

    Market Summary

    The market is witnessing significant growth as businesses increasingly adopt stringent carbon emissions policies. According to recent studies, the market is expected to expand at a steady pace, with the SaaS segment gaining substantial traction. This trend is driven by the ease of implementation, scalability, and cost-effectiveness of SaaS solutions. However, challenges persist in accurately capturing energy usage data, which is a crucial component of carbon accounting.
    Despite these hurdles, the market continues to evolve, with advancements in data analytics and machine learning technologies enabling more accurate and efficient carbon accounting. This dynamic market landscape underscores the importance of adopting robust carbon accounting software solutions to ensure regulatory compliance and reduce carbon footprints.
    

    What will be the Size of the Carbon Accounting Software Market during the forecast period?

    Explore market size, adoption trends, and growth potential for carbon accounting software market Request Free Sample

    The market growth is unyielding, with current usage expanding at a significant rate. Approximately 25% of businesses worldwide have adopted carbon accounting solutions, underscoring their importance in managing sustainability performance and regulatory compliance. Looking ahead, future growth is anticipated to exceed this figure, with expectations of a 20% increase in market penetration. A comparison of key numerical data highlights the market's momentum. In 2020, over 75% of Fortune 500 companies reported their carbon footprint, a 10% increase from the previous year. This trend is expected to continue, with 90% of these companies projected to report their carbon accounting data by 2025.
    The increasing adoption of carbon accounting software is a testament to its value in managing scope 1, 2, and 3 emissions data, as well as supply chain emissions and emission reduction targets. By integrating environmental data, enhancing reporting automation, and implementing data security protocols, businesses can effectively manage their carbon accounting metrics and demonstrate their commitment to sustainability.
    

    How is this Carbon Accounting Software Industry segmented?

    The carbon accounting software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    End-user
    
      Telecommunication
      Oil and gas
      Technology
      Power and utilities
      Others
    
    
    Deployment
    
      Cloud-based
      On-premises
    
    
    Enterprise Size
    
      Large Enterprises
      SMEs
      Large Enterprises
      SMEs
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        UK
    
    
      APAC
    
        China
        India
        Japan
        South Korea
    
    
      Rest of World (ROW)
    

    By End-user Insights

    The telecommunication segment is estimated to witness significant growth during the forecast period.

    Carbon accounting software plays a pivotal role in assisting businesses, particularly those in the telecommunications sector, in evaluating their environmental impact and ensuring regulatory compliance. These solutions enable organizations to track and manage various carbon metrics, such as emissions from energy consumption, water usage, and supply chain activities. Telecommunications companies are increasingly adopting carbon accounting software to assess their energy consumption, which contributes significantly to their carbon footprint. For instance, electricity usage in data centers, network infrastructure, and office facilities is a substantial contributor to carbon emissions. By utilizing carbon accounting software, these organizations can quantify the carbon emissions associated with their network operations, thereby identifying areas for energy efficiency improvements.

    Moreover, the telecommunications industry is witnessing a shift towards renewable energy sources. Carbon accounting software facilitates the tracking and management of renewable energy integration into operations, allowing companies to report on their renewable energy usage and set emission reduction targets. According t

  16. Annual income: chief accountants in public & charity finance London (UK)...

    • statista.com
    Updated Jan 1, 2016
    + more versions
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    Statista (2016). Annual income: chief accountants in public & charity finance London (UK) 2015 [Dataset]. https://www.statista.com/statistics/419965/uk-london-annual-salary-public-sector-chief-accountant/
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    Dataset updated
    Jan 1, 2016
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2015
    Area covered
    United Kingdom
    Description

    This statistic shows the minimum and maximum annual salary brackets for the chief accountants, working on the permanent basis in the public and charity accounting and finance sector in London (United Kingdom) in 2015, listed by years of experience. In that time, qualified chief accountants with 2 to 5 years experience earned between 50 thousand and 75 thousand British pounds (GBP) per annum, whereas highly qualified specialist, with six years experience and more, earned between 50 thousand and 90 thousand British pounds (GBP) yearly.

  17. B2C Contact Data | Accounting Professionals Worldwide | Verified Global...

    • datarade.ai
    Updated Oct 27, 2021
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    Success.ai (2021). B2C Contact Data | Accounting Professionals Worldwide | Verified Global Profiles from 700M+ Dataset | Best Price Guarantee [Dataset]. https://datarade.ai/data-products/b2c-contact-data-accounting-professionals-worldwide-verif-success-ai
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    .bin, .json, .xml, .csv, .xls, .sql, .txtAvailable download formats
    Dataset updated
    Oct 27, 2021
    Dataset provided by
    Area covered
    Nepal, Mauritania, Burkina Faso, Kosovo, Poland, Turks and Caicos Islands, Bosnia and Herzegovina, French Guiana, Senegal, Uzbekistan
    Description

    Success.ai’s B2C Contact Data for Accounting Professionals provides access to comprehensive profiles of accountants, auditors, financial advisors, and decision-makers across the globe. Sourced from over 700 million verified LinkedIn profiles, this dataset includes actionable insights and verified contact details, empowering businesses to connect with professionals in the accounting and finance sectors. Whether you aim to market financial solutions, recruit accounting talent, or analyze industry trends, Success.ai ensures your outreach is supported by accurate, enriched, and continuously updated data.

    Why Choose Success.ai’s B2C Contact Data for Accounting Professionals? Comprehensive Professional Profiles

    Access verified LinkedIn profiles of CPAs, financial analysts, tax advisors, auditors, and accounting managers. AI-validated profiles ensure 99% accuracy, minimizing bounce rates and optimizing communication. Global Coverage Across Accounting Sectors

    Includes professionals from public accounting firms, private companies, finance consultancies, and freelance accounting roles. Covers key regions such as North America, Europe, APAC, South America, and the Middle East. Continuously Updated Dataset

    Real-time updates reflect role changes, certifications, and organizational shifts, ensuring relevant and effective targeting. Tailored for Accounting Insights

    Enriched profiles include work histories, areas of specialization, professional certifications, and decision-making roles. Data Highlights: 700M+ Verified LinkedIn Profiles: Access a vast network of accounting professionals worldwide. 100M+ Work Emails: Direct communication with accountants, auditors, and financial advisors. Enriched Professional Histories: Gain insights into career trajectories, firm affiliations, and areas of financial expertise. Industry-Specific Segmentation: Target professionals in auditing, taxation, forensic accounting, and more with precision filters. Key Features of the Dataset: Accounting Professional Profiles

    Identify and connect with tax consultants, auditors, financial planners, and corporate accountants. Engage with individuals driving financial decisions and compliance strategies. Detailed Organizational Insights

    Leverage data on firm sizes, industries served, and geographic presence to tailor outreach to accounting firms and consultants. Advanced Filters for Precision Targeting

    Refine searches by region, area of expertise, certifications (e.g., CPA, CMA), or years of experience. Customize campaigns to address specific needs like software adoption, compliance support, or advisory services. AI-Driven Enrichment

    Enhanced datasets provide actionable details for personalized messaging, highlighting professional achievements and certifications. Strategic Use Cases: Marketing Financial Solutions and Services

    Promote accounting software, financial planning tools, or tax solutions to accountants and auditors. Engage with professionals responsible for financial decision-making and client advisory roles. Recruitment and Talent Acquisition

    Target HR professionals and accounting firm recruiters seeking accountants, auditors, or financial analysts. Simplify hiring for roles requiring specialized skills and certifications. Collaboration and Partnerships

    Identify firms and accounting professionals for collaborations on financial audits, tax consulting, or compliance initiatives. Build partnerships with accountants offering advisory services to diverse industries. Market Research and Strategy Development

    Analyze trends in financial services, tax laws, and compliance standards to inform product development and marketing strategies. Use insights to position solutions tailored to the evolving needs of accounting professionals. Why Choose Success.ai? Best Price Guarantee

    Access industry-leading B2C Contact Data at unmatched pricing, ensuring your campaigns remain cost-effective and impactful. Seamless Integration

    Easily integrate verified contact data into CRMs, recruitment platforms, or marketing systems using downloadable formats or APIs. AI-Validated Accuracy

    Depend on 99% accurate data to minimize wasted efforts and maximize engagement outcomes. Customizable Solutions

    Tailor datasets to focus on specific accounting niches, regions, or certifications to meet your strategic objectives. Strategic APIs for Enhanced Campaigns: Data Enrichment API

    Enhance existing records with verified accounting professional profiles to refine targeting and engagement. Lead Generation API

    Automate lead generation for a consistent pipeline of qualified accounting professionals, scaling your outreach efficiently. Success.ai’s B2C Contact Data for Accounting Professionals enables you to connect with the financial experts shaping global businesses. With verified contact details, enriched professional profiles, and global reach, your marketing, recruitment, and strategic effort...

  18. Sales and jobs in small businesses

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Nov 7, 2024
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    Office for National Statistics (2024). Sales and jobs in small businesses [Dataset]. https://www.ons.gov.uk/economy/economicoutputandproductivity/output/datasets/salesandjobsinsmallbusinesses
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    xlsxAvailable download formats
    Dataset updated
    Nov 7, 2024
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Monthly dataset showing change in sales and jobs recorded by Xero, an online accounting software platform. This dataset is updated on a quarterly basis. These are official statistics in development. Source: Xero.

  19. Revenue of the Big Four accounting/audit firms worldwide by function 2024

    • statista.com
    Updated Nov 24, 2025
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    Statista (2025). Revenue of the Big Four accounting/audit firms worldwide by function 2024 [Dataset]. https://www.statista.com/statistics/250935/big-four-accounting-firms-breakdown-of-revenues/
    Explore at:
    Dataset updated
    Nov 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    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.

  20. DCMS Sector Economic Estimates: Research and Development (R&D), 2023

    • gov.uk
    Updated Sep 24, 2025
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    Department for Culture, Media and Sport (2025). DCMS Sector Economic Estimates: Research and Development (R&D), 2023 [Dataset]. https://www.gov.uk/government/statistics/dcms-sector-economic-estimates-research-and-development-rd-2023
    Explore at:
    Dataset updated
    Sep 24, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Culture, Media and Sport
    Description

    Revision note

    24 September 2025: the DCMS Sector Economic Estimates R&D 2023 main report has been revised to correct a small error in the commentary in section 2.1, specifically the percentage change between 2022 and 2023 for sport sector R&D expenditure. No other data is affected.

    About

    These economic estimates are official statistics in development providing an estimate of expenditure on R&D by UK businesses in the DCMS sectors.

    Headline findings

    In 2023, expenditure on R&D by businesses in the included DCMS sectors was an estimated £8.4 billion, 17% of the R&D expenditure by UK businesses overall (£50.0 billion). This was an increase of £0.6 billion (7%) since 2022.

    Expenditure on R&D by businesses in both DCMS sectors and the economy as a whole was higher in London than in any other region in 2023, with expenditure by businesses in the included DCMS sectors more concentrated in London than for UK businesses overall (41% compared to 22%).

    Estimates of R&D expenditure by included DCMS sector (which overlap with each other) in 2023:

    • Creative industries: £7.1 billion, accounting for 85% of total expenditure by the included DCMS sectors and 14% of expenditure by UK businesses overall. This was an increase of 9% from 2022.
    • Tourism industries*: £0.9 billion, accounting for 11% of total expenditure by the included DCMS sectors and 2% of expenditure by UK businesses overall. This was a decrease of 11% from 2022.
    • Sport sector: £0.8 billion, accounting for 10% of total expenditure by the included DCMS sectors and 2% of expenditure by UK businesses overall. This was an increase of 4% from 2022.
    • Cultural sector: £0.8 billion, accounting for 10% of total expenditure by the included DCMS sectors and 2% of expenditure by UK businesses overall. This was an increase of 22% from 2022.

    *Tourism industries estimates in this release are constructed on a different basis to the tourism sector estimates in our other economic estimates and will be larger as they take into account the entire industry rather than strictly tourism activity.

    Estimates of R&D expenditure by businesses in the civil society sector are not available in this release because these organisations are not identifiable in the data source.

    Due to sampling and methodology changes to the BERD survey in 2022, estimates in this release are not directly comparable to previous estimates produced using BERD data for years before 2022. This includes estimates published by the ONS on https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/researchanddevelopmentexpenditure/adhocs/14890expenditureonresearchanddevelopmentperformedinukbusinessesinthecreativeindustriessector2020">Expenditure on research and development performed in UK businesses in the Creative Industries sector, 2020. More information on these changes is available in the accompanying technical report.

    Content

    These statistics cover the contributions of the following DCMS sectors to the UK economy;

    • Creative Industries
    • Cultural Sector
    • Gambling
    • Sport
    • Tourism industries (constructed on a different basis to the tourism sector estimates in our other economic estimates releases)

    Users should note that there is overlap between DCMS sector definitions. Estimates are not available for the civil society sector, because they are not identifiable in the data source used for this release.

    Tourism industries estimates in this release are constructed on a different basis to the tourism sector estimates in our other economic estimates and will be larger as they take into account the entire industry rather than strictly tourism activity.

    The release also includes separate estimates for the audio visual and computer games sectors.

    A definition for each sector is available in the published data tables. Further information on all these sectors is available in the associated technical report along with details of methods and data limitations.

    Released

    These statistics were first published on 18 September 2025.

    Official statistics in development - Call for feedback

    These statistics are labelled as https://osr.statisticsauthority.gov.uk/policies/official-statistics-policies/official-statistics-in-development/">official statistics in development. Official statistics in development are official statistics that are undergoing development and will be tested with users, in line with the standards of trustworthiness, quality and value in the <a rel="e

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IBISWorld (2025). Accounting & Auditing in the UK [Dataset]. https://www.ibisworld.com/united-kingdom/market-size/accounting-auditing/3880/

Accounting & Auditing in the UK

Explore at:
2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jan 15, 2025
Dataset authored and provided by
IBISWorld
License

https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

Time period covered
2013 - 2032
Area covered
United Kingdom
Description

Market Size statistics on the Accounting & Auditing industry in the UK

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