This is the fourth quarter in a row of fee income growth for MCA firms.
The star performer of the last three months has been outsourcing consultancy services, which have grown 21.3% to £393m. IT-related work now accounts for over 50% of consulting industry revenue, a total of £685m.
Bruce Petter, executive director of MCA, was pleased with the figures: ‘Business confidence plummeted over the last two years due to September 11 and the Iraq war, but this quarter’s results indicate that the consultancy sector and its clients are back on track for growth.’
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Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel