Financial Auditing Professional Services Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | Binder Dijker Otte (BDO) Global, Grant Thornton International Ltd, Ernst & Young (EY) Global Limited

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Financial Auditing Professional Services Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $206.64 billion In 2028 At A CAGR Of 7.7% :

The financial auditing professional services market size has grown strongly in recent years. It will grow from $143.31 billion in 2023 to $153.42 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to regulatory compliance, globalization, corporate governance, financial scandals.

The financial auditing professional services market size is expected to see strong growth in the next few years. It will grow to $206.64 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to data security concerns, complex financial instruments, emerging markets, risk management, digital transformation. Major trends in the forecast period include technology integration, remote auditing, blockchain auditing, sustainability audits, continuous auditing, customized audit solutions.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=7481&type=smp

Financial Auditing Professional Services Market Major Segments
The financial auditing professional services market covered in this report is segmented -

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

Key Driver - The Impact Of Rising Banking Fraud On The Financial Auditing Professional Services Market

Rising incidences of banking fraud are expected to propel the growth of the financial auditing professional services market going forward. 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 Annual Report 2021-2022, India's central bank and regulatory body responsible for the regulation of the Indian banking system, total fraud cases reported by banks and other financial institutions increased by 23.69% and the fraud cases increased from 7,359 in 2020-21 to 9,103 in 2022. Therefore, the rising incidences of banking fraud are driving the financial auditing professional services market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=7481&type=smp

Prominent Trend - Strategic Partnerships In The Financial Auditing Professional Services Market

Strategic partnerships are a key trend gaining popularity in the financial auditing professional services market. Major market players are focusing their efforts on a partnership that will improve their products and service portfolios in the future. For instance, in May 2022, PlainID, an Israel-based authorization company that provides authorization and policy-based access solutions, entered into a strategic partnership with PwC, a UK-based professional services company, to revolutionize financial services. Similarly, in December 2021, Ernst & Young (EY) Global Limited, a UK-based company engaged in providing assurance, consulting, tax, and transaction services, entered into a strategic relationship with ServiceNow, a US-based software company, to provide improved finance and tax services.

Financial Auditing Professional Services Market Players
Major companies operating in the financial auditing professional services market report 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, RSM International Association, Grant Thornton LLP, Withum Smith+Brown PC, BF Borgers CPA PC, Moore Global, Crowe Global, Baker Tilly International, Marcum LLP, PKF International, UHY International, EisnerAmper LLP, Wipfli LLP, Reinsel Kuntz Lesher LLP, Armanino LLP, Plante Moran, Moss Adams LLP, CohnReznick LLP, Cherry Bekaert LLP, Dixon Hughes Goodman LLP, Eide Bailly LLP, CBIZ Mayer Hoffman McCann LLC

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/financial-auditing-professional-services-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the financial auditing professional services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the financial auditing professional services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Financial Auditing Professional Services Market Report Structure
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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.