Accounting Services Market To Grow At A Higher Rate


Posted January 10, 2019 by srikanthgtbrc

The accounting services market size is expected to reach $1.6 trillion by 2022, significantly growing at a CAGR of around 6% during the forecast period

 
The Business Research Company’s global accounting services market, covers the year-on-year growth of the global accounting services historic and forecast growth. It also includes chapters on the trends, geographical analysis, and competitive landscape.

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https://www.thebusinessresearchcompany.com/report/accounting-services-global-market-report

The global accounting services market is forecast to grow at a CAGR (compound annual growth rate) of around 6 % to 2022.

Accounting Services Market Trends

Increase in outsourcing at accounting firms, accounting service companies collaborating with technology companies and digital tax economy evolution are the major trends witnessed in the global accounting services market. With emerging markets growth, technology development, regulatory reforms the scope and potential for the global accounting services market is expected to significantly rise in the forecast period.

More countries are aligning with international financial reporting standards, or IFRS, or generally accepted accounting principles, or GAAP in the United States, resulting in more demand for accounting services. However, differences continue between these two approaches and within countries resulting in continued opportunities for local players with knowledge of local markets.

The global accounting services is primarily driven by increase in mergers and acquisitions (M&A), technology stocks performance and financial reporting standards transition.

Download a sample of the report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=1912&type=smp

The global accounting services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With emergence of regulatory reforms and financial reporting standards transition the global accounting services is expected to increase in potential and scope. TBRC’s report also covers the global accounting services market report drivers and restraints in the market.

The global accounting services market segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global accounting services report are PwC LLP, Ernst & Young LLP, Deloitte LLP, KPMG LLP, BDO International Ltd

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Categories Business , Industry , News
Tags accounting services market , tax preparation
Last Updated January 10, 2019