Internal audit services
market includes examining, monitoring and analyzing activities of company
operations by independent internal auditing
companies/consultants/professionals. The services are intended to identify
potential risks or fraudulent activities, help improve internal control, efficiency
and corporate governance and help in effective enterprise risk management.
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The global internal audit services market was
valued at $34 billion in 2017. This is due to economic growth and technology
development.
North America was the largest geographic
region in the market, accounting for two-fifth of the global market share, due
to high demand for services such as accounting, legal, advertising,
photographic services and other professional services from companies across all
industries.
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The USA was the largest country in the
market, accounting for three-tenth of the global market share, due to the
presence of large number of commercial establishments seeking accounting,
legal, and management consulting, advertising and other professional services.
The USA was followed by India and China as the next largest countries in the
market.
The major
competitors in the market are Ernst & Young, Protiviti, Deloitte, PwC and
KPMG. EY is
one of the largest professional services firms in the world and is one of the
"Big Four" accounting firms. EY operates as a
network of member firms which are separate legal entities in individual
countries. It has 250,000 employees in over 700 offices around 150 countries in
the world.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which
excels in company, market and consumer research. It has offices in the UK, the
US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research
Company
Europe: +44 207 1930
708
Asia: +91 8897263534
Americas: +1 315 623
0293
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