Lünendonk List 2024
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The Lünendonk® List 2024 “Leading Audit, Tax, and Advisory Companies in Germany” – learn more about the players in this dynamic market!
The Lünendonk® List 2024 “Leading Audit, Tax, and Advisory Companies in Germany”
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is a ranking of the 25 leading auditing and tax consulting companies in Germany by revenue
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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
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is an excerpt from the Lünendonk® Survey 2024 “Audit, Tax, and Advisory Companies in Germany”, which will be published in August 2024 in German language and can be pre-ordered here.
The German market for audit, tax, and advisory increased by 8.8 per cent to 19.8 billion euros in the 2023 financial year thanks to strong growth. The market leaders PricewaterhouseCoopers (PwC), Ernst & Young (EY), KPMG and Deloitte – the so-called Big Four – grew by an average of 17.0 per cent. The 25 leading audit firms in Germany in terms of domestic revenue grew by an average of 14.1 per cent in the 2023 financial year (previous year 2022: +10.9 %), bringing their cumulative domestic revenue to EUR 13.0 billion. The Big Four firms have a combined turnover of 10.2 billion euros, which corresponds to a market share of 51.5 per cent.
The so-called Next Six can also look back on a successful 2023 financial year with an average increase of 15.6 per cent. This group includes law firms with a revenue of more than 100 million euros each and exclusive membership of a global network. The German auditing and tax consulting market is becoming increasingly dynamic, and rarely before have there been so many mergers and network changes as in the past year.
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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Criteria for inclusion in this Lünendonk 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 independently accounting firms (no network firms or alliances).
Access the Survey
The Lünendonk® Survey 2024 “Audit, Tax, and Advisory Companies in Germany” features graphical analysis of all the responses from our poll of around 80 auditing businesses as well as networks/alliances.
The new edition of the survey will be published in German in August 2024 – it can already be pre-ordered. Until then, the 2023 edition of the Lünendonk Survey is still available.