The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Regulatory reform in the financial sector is likely to stimulate innovation in the manufacture of bookkeeping, financial auditing, and other accounting services, driving the market over the forecast period.

The global bookkeeping, financial auditing and other accounting services market is expected to grow from $520.32 billion in 2022 to $542.17 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The global bookkeeping, financial auditing and other accounting services market size is expected to reach $622.67 billion in 2027 at a CAGR of 3.5%.

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Global Bookkeeping, Financial Auditing And Other Accounting Services Market Segments Include:

• By Type: Tax Preparation Services, Bookkeeping Services, Payroll Services
• By Service Provider: Large Enterprise, Small And Medium Enterprise
• By End User: Banking, Financial Services And Insurance (BFSI), Government, Manufacturing, Healthcare, IT And Telecom, Other End Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global bookkeeping, financial auditing and other accounting services market in 2021.

Major Market Players in the bookkeeping, financial auditing and other accounting services market include Deloitte Touche Tohmatsu Limited, KPMG International, PricewaterhouseCoopers (PwC), Grant Thornton International Ltd., Ernst & Young Pvt Ltd.

Technological advancements are a crucial trend that is gaining traction in the market for bookkeeping, financial auditing, and other accounting services. To maintain their market position, major organisations in the bookkeeping, financial auditing, and other accounting services markets are creating advanced technologies. For example, SAP Concur, a US-based SaaS provider, will launch Verify, a new intelligent expenditure auditing solution, in June 2021. Verify performs automatic expense report reviews to discover potential errors and anomalies based on employer spend requirements. Verify analyses data from tens of millions of expenses and receipts on the SAP Concur platform to apply a library of AI and ML detection scenarios to identify potential spend issues.

The Bookkeeping, Financial Auditing And Other Accounting Services Global Market Report 2023  provides a bookkeeping, financial auditing and other accounting services market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bookkeeping, financial auditing and other accounting services market forecast analyzes bookkeeping, financial auditing and other accounting services market size, bookkeeping, financial auditing and other accounting services market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Bookkeeping and financial auditing are accounting terms for documenting, categorising, and evaluating financial data. Bookkeeping’s principal goal is to record day-to-day activities, whereas financial auditing guarantees that financial statements are accurate and in conformity with generally accepted accounting standards. Financial statement preparation, reviews and compilations, income tax preparation and compliance, income tax planning and consulting, monthly, quarterly, and annual financial reporting statements, implementation of new accounting software packages, bill paying services, and business management are among the other accounting services offered.

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