After a series of particularly difficult years following the recession, Key Note is forecasting a brighter future for the market for accountancy and related services. Between 2013 and 2017, fee income for accountancy and related services in the UK is predicted to increase by 19.4%, from £24.41bn to £29.14bn.
Much of the market growth is likely to be driven by the increase in both volume and value of consultancy services — fee income for which is expected to increase by 27.4% over the forecast period — which makes up for slow growth in the audit and accounting sector owing to the maturity of the market. Read the full report on Keynote.