Profession growth expected to fall
Strong growth being recorded by accountancy firms is expected to drop off into 2009
The UK accountancy market is expected to grow by a rate of 7.2% this year,
according to online market research site, researchandmarkets.com
Accountancy Market Report 2008 shows a predicted lapse in growth by 0.6% to
6.4% by the end of 2009, but it is then expected to grow at a marginally higher
rate beyond that.
Consolidation activity between accountancy firms is likely, according to the
Despite the unparalleled dominance of the Big Four, mid-tier firms reported
an increase in growth rates in 2007
Demand for tax advice has remained consistently strong year-on year and this
is predicted to continue through the current economic climate.