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Accounting Services Global Market Report 2019

The accounting services market size is expected to reach $1.6 trillion by 2022, significantly growing at a CAGR of around 6% during the forecast period. The growth in the accounting services market is due to increased mergers and acquisitions (M&A), technology stocks performance and financial reporting standards transition. Read Report https://www.thebusinessresearchcompany.com/report/accounting-services-global-market-report

The accounting services market size is expected to reach $1.6 trillion by 2022, significantly growing at a CAGR of around 6% during the forecast period. The growth in the accounting services market is due to increased mergers and acquisitions (M&A), technology stocks performance and financial reporting standards transition.
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<strong>Accounting</strong> <strong>Services</strong> <strong>Market</strong><br />

Characteristics<br />

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The accounting services market consists of the sales of accounting services<br />

and related goods by entities (organizations, sole traders and partnerships)<br />

that provide recording and analysis of financial transactions and other<br />

financial values pertaining to businesses and other organizations.<br />

The service involves summarizing, analysing, auditing and reporting of the<br />

financial transactions to tax collection agencies and entities. It also involves<br />

auditing and preparing financial statements, designing accounting systems,<br />

developing budgets and accounting advisory.<br />

<strong>Accounting</strong> services undertake processes where human capital is the major<br />

input. They make available the knowledge and skills of their employees,<br />

often on an assignment basis, where an individual or team is responsible for<br />

the delivery of services to the client.<br />

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