Growing transaction and mergers and acquisitions (M&A) activity and investments in infrastructure projects determine accounting and auditing industry to record 3% increase in revenue in 2016
Revenue from tax advisory services grows 4% in 2016, driven by M&A activity and increase in Australian exports, raising demand for international tax advisory services
Australia’s stalling mining and resource industries impact on 4% increase in revenue from insolvency services in 2016
Industry’s B2B costs grow 4% as accounting and auditing firms raise investments in digital tools to improve audit and accounting practices
Over 2016-2021 accounting and auditing industry’s revenue set to see 3% CAGR, supported by activity in M&A and IPOs, investments in infrastructure projects, and stalling mining and resource industries, determine continuing demand for insolvency services in the country
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