PracticeAccounting FirmsTop 50 Movers and Shakers in this years list

Top 50 Movers and Shakers in this years list

Click here to view the Top 50 table Graph 1: Total income for Top 50 - by group Graph 2: Which service line is the weakest?Graph 3: Runners & Riders: Nos 51 - 65Click here to view the fully comprehensive 2002 table (Size 160kb)This year's Accountancy Age Top 50 firms league table heralds some good news for the profession. Despite the Enron saga and demise of Andersen, the sector has grown by just over 10% with a combined income of over £7bn. Not bad in times like these.

Click on the headlines below to read the stories about this year’s Top 50.

Business Unusual
With the acquisition – or asset transfer, if you will – of Andersen’s business and partners to Deloitte & Touche, last year’s number three firm has transformed itself into a £1.5bn player.

Acquisitions and changes for the mid-tier
The face of mid-tier accountancy has again changed considerably over the past 12 months with a wave of mergers and acquisitions, while the emergence of a third UK consolidator has added to the intrigue surrounding firms in the sector.

Corporate financiers hit by downturn
This has been a nervous year for corporate financiers – a number of the large firms have found they have had to trim their sails and cut jobs, though the numbers involved are nothing compared to the torrid time experienced by the investment bankers.

Consultancy revenues grow despite Enron
Once Enron exploded on to the corporate world provoking the scandal that now engulfs Andersen and the issue of auditors selling consultancy services, it would have been natural to make the assumption that business would suffer.

Small firms gear up for strong future
When looking at trends, progress and developments in the accountancy industry focus inevitably tends to fall on the larger to mid-tier end of the spectrum.

Comment
Immune from Enronitis?
Accountancy firms up and down the country will be hoping the second half of the year is a little better than the first.

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