The Public Sector Audit Services Market Was Valued At $25 Billion In 2017 According To TBRC’s Latest Report

The public sector audit services market involves assessing financial information of government organizations, and non-profit organizations such as charities, education and healthcare. Internal public sector audit is performed by...

The public sector audit services market involves assessing financial information of government organizations, and non-profit organizations such as charities, education and healthcare. Internal public sector audit is performed by the organization’s internal auditor and reports to the management. External public sector audit service is performed by an independent accounting firm from outside the organization.

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The global public sector audit services market was valued at $25 billion in 2017.

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The USA was the largest country in the market, accounting for three-tenth of the global public sector audit services market share. This was mainly due to the presence of a large number commercial establishments seeking accounting, legal, and management consulting, advertising and other professional services. The USA was followed by China and India as the next largest countries in the market.

The major competitors in the market are PricewaterhouseCoopers Advisory Services LLC (PWC Advisory Services), KPMG LLP (Advisory), EY (Ernst & Young) LLP Consulting Practice, Deloitte Consulting LLP, and Grant Thornton LLP.

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