The local audit and fiscal consulting market is to exceed €1 billion in the coming years. Last year, this market was worth some €300 million, according to Scot&Company Consulting (SCC), one of the top 10 players on the consulting market.
The company’s Managing Partner Dan Schwartz said increasingly more companies will enter the fiscal consulting, audit and accounting market, leading it above the €1 bln threshold in the coming years.
SCC is the single company with entirely Romanian capital among the top 10 companies on this market, with 43 consultants. The company’s turnover exceeded €1 mln last year. Scot&Company Consulting foresees at least 30-40 percent growth in business this year, according to Schwartz.
The company aims to make 60 percent of its turnover from auditing services, a further 30 percent from tax consulting, and 10 percent from accounting services, Schwartz added.
SCC’s main competitors are the local subsidiaries of the Big Four (KPMG, Deloitte, Ernst & Young and PriceWaterhouseCoopers), BDO Conti Audit, Mazars, Baker Tilly and Moore Stephens Riff.
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