Research shows accounting industry grew by 5.7% globally in 2006
Accountancy Age, 10 Dec 2007
The global accounting profession has grown by 5.7% and is now worth more than $215bn (£105.2bn), a study by Research and Markets has found.
The study, available for a fee of €1065 (£765), encompasses the Americas, Asia-Pacific and European markets, forecast that by 2011 the industry would be 74% larger than it was in 2006 and should be valued at $274bn.
For 2006 audit delivered the bulk of revenues, generating 42.9% of the industry's global value. The Americas was the most lucrative area geographically, making up 56.9% of the global value.
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