On 6 December, we’ll be launching the Accountancy Age Top 40 International Networks, Alliances and Associations 2017 rankings, sponsored by Levitate Recruitment.
Split into the Top 20 International Networks and the Top 20 International Alliances and Associations, the rankings celebrate excellence in the accountancy industry worldwide by ranking accountancy organisations by combined annual total income.
Ahead of the release of the rankings, here are five highlights to look out for on 6 December.
1. Two organisations within the top four networks have traded places
The top four networks in 2016 were PwC, Deloitte Touche Tohmatsu, EY, and KPMG International. In 2017, two of these top four networks have traded places. Which firms have swapped position?
2. Annual fee income of the top 20 networks has grown by 3.5%
While accountancy networks battle economic uncertainty and technological disruption, on average networks grew by 3.5% compared to the 2016 ranking, recording turnover of over £125bn.
3. Not all networks, alliances and associations have increased annual income
One network has posted a decline of 14.5%, while the annual fee income of one association has fallen by 30.4% compared to 2016.
4. One association has nearly doubled 2016 income
One association has recorded impressive combined annual total income growth of 96.3%.
5. Movement across the top 11-20 alliances and associations
Only three alliances and associations have retained the same position as 2016. So, which seven firms have been on the move?
Look out for the full Top 20 International Networks 2017 and Top 20 International Alliances and Associations 2017 on 6 December. In the meantime, take a look at our recent Autumn Budget coverage and latest industry updates.
For advice about your accountancy career path, speak to Levitate Recruitment, specialists in placing practice-trained accountants and insolvency professionals across the UK, and find the right role to suit your ambitions.