The Financial Accounting Advisory Services Global Market Report 2023, provides comprehensive information on the financial accounting advisory services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Financial Accounting Advisory Services Market’s Growth:
As per The Business Research Company’s Financial Accounting Advisory Services Global Market Report 2023, the global financial accounting advisory services market is expected to grow from $91.88 billion in 2022 to $98.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The financial accounting advisory services market is expected to reach $129.55 billion in 2027 at a CAGR of 7.1%.
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Advancements in technology are a key trend gaining popularity in the financial accounting advisory services market. Major companies operating in the financial accounting advisory services market are adopting new technologies to sustain their position in the market. For instance, in June 2023, Numeric, a US-based financial service company, launched Numeric AI and Numeric Essentials. Numeric AI is an AI-powered tool that enables accountants to utilize extensive language models to increase efficiency and gain more control. Numeric AI automates the drafting of flux explanations by using information from underlying general ledger transactions, account trends, and prior descriptions. Numeric Essentials is an industry-first, free close management solution that uses real-time collaboration tools to help large and small accounting teams improve their month-end close.
The financial accounting advisory services market is segmented:
1) By Type: Accounting Change Services, Buy-Side Support, Bankruptcy Services, IPO Advisory Services, Financial Reporting Issue And Restatement Services, Technical Accounting, Financial Statement Preparation, Accounting Software Migration, Cash Flow Management Services, Other Types
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises
3) By Application: Personal, General Company, Listed Company, Government, Other Applications
4) By Industry Vertical: Banking, Financial Services And Insurance (BFSI), IT And Telecom, Manufacturing, Retail And E-Commerce, Other Industry Vertical
North America was the largest region in the financial accounting advisory services market in 2022.
The table of contents in TBRC’s financial accounting advisory services market report includes:
1. Executive Summary
2. Financial Accounting Advisory Services Market Characteristics
3. Financial Accounting Advisory Services Market Trends And Strategies
4. Financial Accounting Advisory Services Market – Macro Economic Scenario
5. Global Financial Accounting Advisory Services Market Size and Growth
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26. South America Financial Accounting Advisory Services Market
27. Brazil Financial Accounting Advisory Services Market
28. Middle East Financial Accounting Advisory Services Market
29. Africa Financial Accounting Advisory Services Market
30. Financial Accounting Advisory Services Market Competitive Landscape And Company Profiles
Top Major Players:
- JPMorgan Chase & Co
- The International Business Machines Corporation
- PricewaterhouseCoopers International Limited (PwC),
- Ernst & Young Global Limited
- Oracle Corporation
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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