Accounting, Tax Preparation, Bookkeeping, and Payroll Services Industry Research

Quality Industry Data

If you're trying to figure out the industry's market size, average annual revenue, forecast for growth or decline, geographic distribution in the United States, top companies, and similar statistics, you've come to the right place.

We've gathered all the key statistics and data for the Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry into one simple, yet comprehensive research report. This 2012 Pell Research market analysis report provides the high quality industry statistics you can rely on.

Thousands of companies have used our research, from small startups to the largest consulting firms. Gain a competitive edge today with the Pell Research Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry report.

Professional, Scientific, and Technical Services Sector Details

The Professional, Scientific, and Technical Services sector contains industries whose employees require a high degree of education and training. Example industries are legal offices, accounting, tax preparation, bookkeeping, and payroll services, architectural engineering services, scientific research and development, and advertising agencies.

Related Industries

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Market Size and Forecast for Accounting, Tax Preparation, Bookkeeping, and Payroll Services

Forecast	2011	2012	2013	2014	2015	2016
Market Forecast ($ billions)	Data provided in industry report

Five-year projections show growth trends in industry sales and revenues. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services. Growth and decline in the industry shows the total opportunity for companies. The Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. The market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Geographic Share by State in the US

Market by State

The historical market size by state shows how large the local opportunity is, and how many companies are located in the region. Growth rates by state are affected by the regional economic conditions. View data by state to pinpoint profitable and nonprofitable locations for companies in the Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry in the United States.

Northeast Region

Industry conditions in the Northeast show competitive trends specific to this region compared to individual states and the national average.

Market Size ($ millions)	2006	2007	2008	2009	2011
Maine	Data provided in industry report
Massachusetts
Connecticut
New Jersey
New Hampshire
New York
Pennsylvania
Rhode Island
Vermont

Midwest Region

Learn how companies are performing in each state within the midwest. The data reflect total sales from firms located in this area.

Market Size ($ millions)	2006	2007	2008	2009	2011
Illinois	Data provided in industry report
Indiana
Iowa
Kansas
Michigan
Minnesota
Missouri
Nebraska
North Dakota
Ohio
South Dakota
Wisconsin

Southern Region

In the South, see total Accounting, Tax Preparation, Bookkeeping, and Payroll Services sales for companies located in each state.

Market Size ($ millions)	2006	2007	2008	2009	2011
Arkansas	Data provided in industry report
Delaware
District of Columbia
Georgia
Kentucky
Louisiana
Maryland
Mississippi
North Carolina
Oklahoma
South Carolina
Tennessee
Texas
Virginia
West Virginia

Western Region

Market Size ($ millions)	2006	2007	2008	2009	2011
Arizona	Data provided in industry report
California
Colorado
Hawaii
Idaho
Montana
New Mexico
Nevada
Oregon
Utah
Washington
Wyoming

Income Statement (Average Financial Metrics) for Accounting, Tax Preparation, Bookkeeping, and Payroll Services

Pell Research has analyzed Accounting, Tax Preparation, Bookkeeping, and Payroll Services financial statements to determine the industry average forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

Products and Services Breakdown

Description	Revenue ($ millions)
Industry Total
Financial Auditing Services
Financial Statement Auditing
Specialized Financial Auditing
Fin Stmnt Review, Engagement, & Agreed-Upon Pro For Financial Inf
Other Financial Assurance & Related Services
Non-Financial Assurance & Related Services
General Accounting Services
Payroll Services
Full-Service Payroll Services
Payroll Services Sold Separately
Tax Planning & Consulting Services
Tax Planning & Consulting Services - Individuals & Unincorporated Bus
Tax Planning & Consulting Services - Corporate & Other Clients
Tax Prep & Representative Services -Individuals & Unincorporated Bus
Tax Preparation & Representative Services - Corporate & Other Clients
Computerized Accounting Systems Services
Personal Financial Planning Services
Bookkeeping & Compilation Services
Management Consulting Services
All Other Operating Receipts

Salary Information for Employees Working in Accounting, Tax Preparation, Bookkeeping, and Payroll Services

Identify the average workforce distribution in a typical Accounting, Tax Preparation, Bookkeeping, and Payroll Services company, along with the average annual salary brackets for these positions.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	5%	Data provided in report
Chief Executives	0%
General and Operations Managers	2%
Business and Financial Operations Occupations	44%
Accountants and Auditors	33%
Tax Preparers	7%
Office and Administrative Support Occupations	41%
Bookkeeping, Accounting, and Auditing Clerks	12%

Government Contracts

In 2008, the federal government spent a total of $376,704,455 on Accounting, Tax Preparation, Bookkeeping, and Payroll Services. It has awarded 1,781 contracts to 312 companies, with an average value of $1,207,386 per company.   

Company	Address	Key Contact
Data provided in industry report

Industry Research Resources

University of Pittsburgh Industry Research Resources
GreenBook Market Research Companies