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Accounting industry in the U.S. - statistics & facts

The revenue of the accounting industry in the United States is forecasted to have generated over 141 billion U.S. dollars in 2022. The leading firms in the U.S. are the Big Four global accounting and auditing firms: Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG. In 2021, these companies reported a combined revenue of over 167 billion U.S. dollars and employed almost 1.2 million people worldwide. Just over 56 billion of their combined revenue was generated from the U.S. market.

In 2021, there were 1.32 million accountants and auditors and 1.51 million bookkeeping, accounting and auditing clerks employed in the U.S. California was the state which employed the most accountants and auditors, but it was the District of Columbia which paid its accountants and auditors the highest wages.

Members of the American Institute of Certified Public Accountants (AICPA) have expressed generally increasing confidence in their businesses since the beginning of 2016. In the first quarter of 2018, the Certified Public Accountants Outlook Index score was the highest it had been since before 2011, indicating increasing activity in the industry. The index did however fall over the next quarters, reaching its lowest level in the second quarter of 2020 . Of the factors posing risks to accountancy businesses at this time, inflationary pressures from labor costs, raw materials and interest rates were the most commonly identified by accountants.



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In the following 4 chapters, you will quickly find the 20 most important statistics relating to "Accounting industry in the U.S.".

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