Global Financial Auditing Professional Services Market 2022 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Binder Dijker Otte (BDO) Global, Grant Thornton International Ltd., Ernst & Young (EY) Global Limited

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The global financial auditing professional services market report by the business research company identifies rising incidences of banking fraud to be a major growth driver for the financial auditing professional services market. Fraud refers to the act of intentionally deceiving a system to gain access to information or deny another individual their rights. Financial auditing professional services help reduce bank fraud, such as requesting higher payment or reimbursement for services by preventing misreporting and managing risks. For instance, according to the Reserve Bank of India, India's central bank and regulatory body responsible for the regulation of the Indian banking system, total fraud cases increased by 28% by volume and 159% by value, resulting in INR 0.1 million (0.001 million USD) and above of fraud reported by banks during 2019-20. Therefore, the rising incidences of banking fraud are driving the financial auditing professional services market.

The global financial auditing professional services market size is expected to grow from $126.07 billion in 2021 to $136.25 billion in 2022 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The financial auditing professional services market is expected to grow to $185.51 billion in 2026 at a CAGR of 8.0%.

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North America was the largest region in the financial auditing professional services market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this financial auditing professional services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the financial auditing professional services market are Binder Dijker Otte (BDO) Global, Grant Thornton International Ltd., Ernst & Young (EY) Global Limited, Deloitte Touche Tohmatsu Limited, Mazars, Moore Stephens International Limited, KPMG International, Nexia International Limited, PricewaterhouseCoopers, Moore Global, Deloitte, Grant Thornton LLP, Withum Smith+Brown PC, and BF Borgers CPA PC,

The global Financial Auditing Professional Services market is segmented -
1) By Service: Employee Benefit Plan Audit, Service Organization Control (SOC) Audit, Financial Statement Audit, Due Diligence, Other Service
2) By Type: External Audit, Internal Audit
3) By End-Use: BFSI, Government, Manufacturing, Healthcare, Retail And Consumer, IT And Telecom, Other End-Use

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The Financial Auditing Professional Services Market Report Contents Include
1. Executive Summary
2. Financial Auditing Professional Services Market Characteristics
3. Financial Auditing Professional Services Market Trends And Strategies
4. Financial Auditing Professional Services Market - Macro Economic Scenario
5. Financial Auditing Professional Services Market Size And Growth
....
27. Financial Auditing Professional Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Financial Auditing Professional Services Market
29. Financial Auditing Professional Services Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Financial Auditing Professional Services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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