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Author:Fisher, L.
Title:Top 60 Stagnates
Journal:Accountancy
2003 : JUL, VOL. 131:1319, p. 25-30
Index terms:COMPANIES
UNITED KINGDOM
ACCOUNTING
ACCOUNTING PROFESSION
Language:eng
Abstract:The overall picture from this year's survey of the Top 60 firms by fee income does not make for comforting reading. Main survey findings are: total fee income for Top 60 fell from 6229bn pounds during last year till 6201 bn pouns; 10 firms already LLPs and five more planning to convert; the Top 60 firms have 4,786 partners, 438 of whom are women; 46,237 professional staff are employed by the Top 60 in 654 offices around the UK. A trend beginning to emerge from this depressed market is that more firms are looking for specialized areas that could bring in extra income. A number of firms are reporting a new income category of 'corporate finance', perhaps as a means of replacing income previously generated by their consulting divisions.
SCIMA record nr: 250595
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