Lünendonk List 2023
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The Lünendonk® List 2023 “Leading Audit, Tax and Advisory Companies in Germany” – learn more about the players in this dynamic market!
The Lünendonk® List 2023 “Leading Audit, Tax and Advisory Companies in Germany”
is a ranking of the 25 leading auditing and tax consulting companies in Germany by revenue
provides an overview of the players in the German market for auditing and tax consulting and lists not only domestic revenue but also the number of employees
is an excerpt from the Lünendonk® Survey 2023 “Audit, Tax and Advisory Companies in Germany”, which was published in August 2023 and can be ordered here.
The German market for audit, tax & advisory has surpassed the 18-billion-euro revenue mark. Thanks to strong growth in the 2022 financial year, the industry burgeoned by 7.7 per cent, reaching 18.2 billion euros. Market leaders PricewaterhouseCoopers (PwC), Ernst & Young (EY), KPMG and Deloitte – the so-called Big Four – increased revenues by an average of 11.0 per cent.
In terms of domestic business, the 25 leading audit companies in Germany grew by 10.9 per cent on average in the 2022 financial year (prior year 2021: +4.8%), bringing cumulative domestic revenues to 11.2 billion euros. Together, the Big Four account for almost 8.75 billion euros in takings, representing a market share of 48 per cent.
The ‘Next Seven’, the seven audit companies behind the Big Four with revenues of over 100 million euros each, can also look back on a successful 2022 financial year, with average growth of 13.2 per cent. After two variable years during the Covid-19 pandemic, the top 25 audit, tax and advisory companies are showing strong growth figures for 2022.
You can find more information and further details on the leading service providers in our press release.
Cover photo: stock.adobe.com/amnaj
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Inclusion criteria for this List:
More than 60 per cent of company revenue generated from auditing, tax consulting (excluding tax filing and accounting), corporate finance and/or legal consulting, of which at least 15 per cent generated from audit (pure auditing of annual accounts, excluding consulting). Only independent accounting firms (no network firms or alliances).
Access the Survey
The Lünendonk® Survey 2023 “Audit, Tax and Advisory Companies in Germany” features graphical analysis of all the responses from our poll of in total 81 auditing businesses as well as networks/alliances.
The new edition of the survey will be published in August 2023 in German language – it can be ordered here.