Accounting, Tax, Bookkeeping & Payroll Services in the US

Big 4 beware

Modest growth in recent years is a reflection of low economic growth during the early 2000's and the selling off of consulting, legal and similar activities by the Big 4 players. Consolidation is expected to continue, while tighter restrictions, controls and monitoring of operators will see significant increases in audit fees. The Big 4 players will need to keep tabs on firms such as H & R Block, which have purchased a number of smaller firms and could emerge as significant competitors.

This industry comprises establishments primarily engaged in providing services, such as auditing of accounting records, designing accounting systems, preparing financial statements, developing budgets, preparing tax returns, processing payrolls, bookkeeping, and billing. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.