Leading accountancy publication Accountancy Age has published its prestigious annual survey of international accounting networks, alliances and associations.

 

The survey reveals that altogether, fee income of accounting networks, alliances and associations has grown 3.5% since 2013. In fact, the sector has grown by $6bn (£3.52bn) in the course of 12 months and now employs more than one million partners and staff.

 

The report estimates the global accountancy market is worth some US$177 Billion, with the Big Four accounting firms continuing to dominate with 64% of total revenues, a figure that highlights the huge gap between the Big Four and the rest.