Accounting Services in the US
Counting the costs
Demand for accounting services will necessarily rise in the next five years, as fallout from the recession drives consumers to invest in industry services. However, overall growth will be slow, as rising wages limit profitability and competition intensifies. Still, some operators will pursue growth opportunities in niche fields in order to benefit from the new economic environment.
Firms in this industry are certified to audit the accounting records of public and private organizations and to attest to compliance with generally accepted accounting practices. Certified public accountants (CPAs) provide a variety of accounting services, including auditing accounting records, designing accounting systems, preparing financial statements, developing budgets and providing advice on matters related to accounting.
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.