Accounting Business Rebounds Globally

Top 40 firm networks show gains worldwide.


LONDON — A new world accounting survey reports that there has been a marked improvement in the performance of firms and firm networks since 2009, and Deloitte superseded PwC as the world’s largest professional services network for the first time.

“This year’s survey shows definite improvement, with only four networks failing to grow revenue, which is a complete turnaround in fortunes from last year,” says Arvind Hickman, editor of the International Accounting Bulletin, which compiled he survey. “Revenue growth for networks increased 2 percent. However the revenue growth of associations contracted 2 percent.”