The global financial auditing professional services market size is estimated to reach USD 228.87 billion by 2030, registering a CAGR of 6.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Introduction of stringent laws and regulations pertaining to auditing and reporting of financial statements by corporates and enterprises is estimated to drive the market over the forecast period.
Changing auditing and reporting practices and trade policies are playing a pivotal role in the growth of the global financial auditing professional market. Accounting, consulting, and auditing firms are responding to situations by aggressively deploying additional resources in order to improve their service delivery models in line with rapidly changing requirements of their clients. They have developed highly-customized service delivery models by combining shared services delivery model, offsite delivery model, offshore development center model, and onsite delivery model in order to meet clients’ requirements as well as to comply with regulatory norms.
Financial audit professional service providers are acquiring technology-based companies in order to develop advanced data analytics capabilities. For instance, in 2018, PricewaterhouseCoopers Hungary Ltd. acquired Data Solutions Kft., a data mining company, as part of efforts to focus on development of data-based products and solutions while Deloitte Touche Tohmatsu Limited acquired Mexia Consulting Pty Ltd, a Microsoft Azure integration consultancy, in order to augment cloud service offerings. Data analytics services are expected to emerge as new sources for revenue generation that can support core business of auditing firms.
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The external audits type segment dominated the market with a revenue share of 70.4% in 2024, primarily driven by the increasing need for independent financial verification to meet stringent regulatory requirements.
The internal audits segment are expected to grow at a CAGR of 7.9% over the forecast period, owing to their critical role in risk management, fraud detection, and operational improvement.
Based on offering, the employee benefit plan audits segment is expected to grow at a fastest CAGR of 8.9% over the forecast period, due to heightened regulatory scrutiny and the need for compliance with laws.
By end-use, the BFSI sector held the largest revenue share of 33.7% in 2024, driven by stringent regulatory requirements, increasing fraud risks, and the complexity of financial transactions.
The North America dominated the global market and accounted for the largest revenue share of 37.1% in 2024, attributed to the region's robust regulatory frameworks and the presence of multinational corporations.
Grand View Research has segmented the global financial auditing professional services market based on type, offering, end-use, and region:
Financial Auditing Professional Services Type Outlook (Revenue, USD Million, 2018 - 2030)
External Audit
Internal Audit
Financial Auditing Professional Services Offering Outlook (Revenue, USD Million, 2018 - 2030)
Due Diligence
Employee Benefit Plan Audit
Financial Statement Audit
Service Organization Control (SOC) Audit
Others
Financial Auditing Professional Services End Use Outlook (Revenue, USD Million, 2018 - 2030)
BFSI
Government
Manufacturing
Healthcare
Retail & Consumer
IT & Telecommunication
Others
Financial Auditing Professional Services Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
South Korea
Australia
Latin America
Brazil
Middle East & Africa
UAE
Saudi Arabia
South Africa
List of Key Players in the Financial Auditing Professional Services Market
Deloitte
KPMG
Plante Moran
Grant Thornton
CohnReznick
PricewaterhouseCoopers
McGladrey
Baker Tilly
BDO
Mazars
Ernst and Young
RSM International
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