Accounting Industry Overview

Companies that provide accounting and related services, including auditing, financial reporting, and tax-related services.

Full Accounting Industry Description

Expansion of Consulting Services

Many accounting firms have expanded into tax, technology, and business consulting. Consulting has become a particularly strong revenue source for larger accounting firms. Now barred from providing many consulting services to public companies they also audit, some large firms have dropped their audit practices.

Full Accounting Industry Trends

• Clifton Gunderson LLP
• Deloitte Touche Tohmatsu
• Ernst & Young Global Limited

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Accounting maps to a number of NAICS codes including:

Full Accounting Industry Codes

• Financial Services Technology Consortium
  
• Investment Company Institute
  
• The Association of Private Client Investment Managers and Stockbrokers
  

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