Accounting Services Industry
Insights from D&B Hoovers

Industry Analysis


Companies in this industry provide services such as auditing, bookkeeping, payroll processing, and tax return preparation. Major companies include the "Big Four" accounting firms: Deloitte Touche Tohmatsu, Ernst & Young, KPMG, and PricewaterhouseCoopers, which all have international operations; other leading companies include US-based Automatic Data Processing (ADP), Paychex, and H&R Block.

Competitive Landscape

Demand for accounting services depends on new business formations, the increasing complexity of corporate business, and personal income. The profitability of individual firms depends on the right mix of services and effective marketing. Large firms have advantages in providing wider ranges of services to large corporate clients and having the resources to serve customers with many locations. Small firms can compete effectively by specializing and providing superior service. The US industry is fragmented: the 50 largest US companies account for just less than 50% of revenue.

Products, Operations & Technology

Payroll services account for 25% of US industry revenue; tax preparation and auditing each account for about for 20%. Tax planning and consulting, bookkeeping, general accounting, and billing services each account for about 5%. Other services include management consulting, financial statement review, and services related to computerized accounting systems services. Some accountants have branched into accounting-related information technology consulting, business consulting, and personal financial planning. Small business owners often rely heavily on their accounting firms for advice.

Geographic Segmentation

See where the Accounting Services industry is concentrated geographically and research companies by financials and key corporate data.
Accounting Services Companies in this Country/Region:
Top Accounting Services Companies:
99724.672M | Hong Kong
39751.655548M | Switzerland
28906.411887M | Switzerland
28630.034566M | Switzerland
13598.5031M | United Arab Emirates
13397.54M | United Arab Emirates
11490.967M | United Arab Emirates
4621.34903M | United Kingdom
3801.155532M | United States
3786.662335M | United Kingdom
3510.287836M | United States
3409.249408M | Switzerland
3399.992677M | United States
3157.488M | Tunisia
3149.624854M | United Kingdom
3113.066003M | United States
3099.05209M | United Kingdom
3036.99506M | United Kingdom
2819.393577M | Switzerland
2639.72M | United States
2436.0M | United States
2261.98499M | Switzerland
2261.98499M | Switzerland
2172.906M | South Africa
2141.0M | United Kingdom

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