Forensic Accounting Kayla Groden

Industry Overview Forensic Accounting Services apply accounting principles and technique to legal issues. This industry helps with investigation and documentation of white collar crimes, as well as providing litigation support to law enforcement

Industry Overview… Industry Size: $5bn Leading companies in the Forensic Accounting Industry: Price Waterhouse Coopers Deloitte Ernst & Young KPMG Grant Thornton

Industry Development As white-collar crime rates are increasing, so is company financial scrutiny. Due to the need of accurate and legitimate accounting practices, more job opportunities are becoming available. Below is the Revenue Growth in the Forensic Accounting Industry…

Industry Development… There are multiple innovations that are advancing in the Forensic Accounting Industry... E-Business, the Intranet and the Extranet Input, Processing and Output (Financial Processes) Cloud Computing Advancements of Information Technology Supply Chain Management (SCM) Systems IT Governance

Customer/ Client Market Who are the major consumers/buyer? The consumer of Forensic Accounting firms are other small or large businesses. Again, forensic accountants look for white collard crimes. If a business is in suspicion of fraudulent behavior on the books, that is when they seek expert advice from an accounting firm.

Competitive Landscape Below are the top three competitors in the Forensic Accounting Industry including their market share… PwC: Revenue- 35.4 Bn., Market Share- Deloitte: Revenue- 35.2 Bn., Market Share- 12.5% Ernst & Young: Revenue- 29 B., Market Share- 6.8% The Big Four has always been the top competitor's in this industry, their name credentials sales them more than anything.