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Competition among Top 25 International Accounting, Auditing and Consultancy Networks in Romania

Author

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  • Ristea Luminita

    („Spiru Haret” University)

Abstract

This article examines the competition regarding the world and Romanian rank and financial situation among top 25 International Accounting, Auditing and Consultancy Networks. Romanian market is still a very dynamic one and includes beside these representatives companies of the first 25 international networks other local rival companies which are positioned in the immediate upper zone after BIG FOUR in top 30. These companies are either the representatives of other networks positioned out of top 25 networks or being founded by international foreign experts, or are fully Romanian owned companies, strongly anchored in the local market in the last years, but they are positioned after the top 10 of the international networks. General trend regarding fusions and aquisitions in case of smaller local accounting, audit and consultancy firms, as well as the entrance of other international networks on this market segment of services, will be also remarked in Romania in the future, trends in accordance with the adjustment to the global competition.

Suggested Citation

  • Ristea Luminita, 2010. "Competition among Top 25 International Accounting, Auditing and Consultancy Networks in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 688-694, October.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:2:p:688-694
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    More about this item

    Keywords

    competition; international networks; top accountancy; consultancy and auditing;
    All these keywords.

    JEL classification:

    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other

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