Top 10 Irish Accounting firms exceed €2bn in Revenue

24 June 2020

By Ed Rossiter

Top 10 Irish Accounting firms exceed €2bn in Revenue

Ireland’s ten largest consulting firms with an accounting heritage generated more than €2 billion in fees last year, with the Big Four giants making up 86% of all fees.

With revenues of over €550 million, on an all-Ireland basis. PwC is Ireland’s largest professional services group that has its roots in the world of accounting. However, today, PwC generates around two thirds of its business outside of its traditional audit division, in services areas including tax advice, mergers & acquisitions, restructuring, management consulting and digital transformation.

The number two in Ireland’s accountancy and consultancy market is KPMG, followed by Deloitte and EY. Combined, the so-called Big Four earn nearly €1.8 billion in fee income, generated by a workforce of nearly 15,000 accountants, advisors, consultants and digital specialists. All four of the quartet are privately-held, owned by a group of partners that distribute the firm’s ownership and profits.

Aside from the Big Four, the top segment of the Irish accounting and consulting landscape features household names from the global industry. Grant Thornton is number four, ahead of BDO, while Mazars is punching above its weight in comparison to its international size.

A list of the 10 largest Irish consulting firms with an accounting heritage:

1. PwC

Revenue: €564 million

Number of employees: 5,288

Ireland boss: Feargal O'Rourke

2. KPMG

Revenue: €458 million

Number of employees: 3,210

Ireland boss: Seamus Hand

3. Deloitte

Revenue: €380 million

Number of employees: 3,170

Ireland boss: Harry Goddard

4. EY

Revenue: €373 million

Number of employees: 2,928

Ireland boss: Frank O’Keeffe

5. Grant Thornton

Revenue: €126 million turnover

Number of employees: 1,200

Ireland boss: Michael McAteer

6. BDO

Revenue: €69 million turnover

Number of employees: 520

Ireland boss: Michael Costello

7. Mazars

Revenue: €31 million turnover

Number of employees: 500

Ireland boss: Mark Kennedy

8. RSM

Revenue: €22 million

Number of employees: 185

Ireland boss: John Glennon

9. Crowe

Revenue: €19 million

Number of employees: 150

Ireland boss: Naoise Cosgrove

10. Baker Tilly

Revenue: €14 million

Number of employees: 120

Ireland boss: Neil Hughes

*Information shared from consultancy.uk. For full article click the link below:

https://www.consultancy.uk/news/24920/the-largest-irish-consulting-firms-with-an-accounting-heritage


About the analysis

All data has been compiled based on the financial accounts of the accounting and consulting firms for their latest reporting year (pre-Covid-19). In the case no data is released by the firms, Consultancy.uk estimated fee income based on its UK & Ireland database of headcount and earnings per professional.

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