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The top 30 UK accountancy firms for 2017 revealed

Research by CA magazine has revealed the top 30 UK and Scottish accountancy firms, and the top 10 global firms, in 2017.

The Big Four accountancy firms continue to dominate the UK and global markets, this year reporting particular growth in the ‘digital transformation’ sector, collectively controlling 21% of the £17.4bn business.

Deloitte, PwC, EY, KPMG and BDO are the top five global firms by revenue, while Grant Thornton, RSM, Crowe Horwath International, Baker Tilly International and Nexia round out the top 10.

Global Accountancy Top 10 in 2017

FIRMS REVENUE ($BN)
Deloitte 38.8
PwC 37.7
EY 31.4
KPMG 25.4
BDO 7.6
Grant Thornton 4.8
RSM 4.64
Crowe Horwath International 3.7
Baker Tilly International 3.23
Nexia 3.2

Top 30 UK Accountancy Firms ranked by revenue

Despite dropping to second place globally, PwC has retained the top spot in this year’s UK rankings after a record-breaking performance last year. The firm has refocused on technology solutions and will concentrate on attracting new talent in the coming months with plans to hire 1,200 graduates and 140 apprentices.

UK firms have been faced with the additional challenge of Brexit implications and planning for business in a divided Europe. Deloitte, which has seen revenue growth of over 60% in the UK, has announced the creation of Deloitte North West Europe to integrate British services into a wider European offering.

EY and KPMG are yet to report on 2016/17 earnings but can be expected to have continued on a similar trajectory to the other Big Four firms.

FIRM NAME PARTNERS / PARTNER   EQUIVALENT YEAR END UK REVENUE (£M)
PwC 926 30/06/17 3,598
Deloitte 1,115 31/05/17 3,380
EY 717 01/07/16 2,150
KPMG 595 30/09/16 2,068
Grant Thornton UK 185 30/06/16 533.8
BDO 259 30/06/17 456
RSM 341 31/03/17 319
Smith & Williamson 135 30/06/17 242
Moore Stephens UK 178 31/12/16 181.38
Mazars 134 31/08/17 160
PKF 198 31/05/17 150.18
Saffery Champness 73 31/03/17 78
Haines Watts Group 100 31/03/17 74.5
Crowe Clark Whitehill 73 31/03/17 67.2
UHY Hacker Young 110 30/04/17 58.2
MHA MacIntyre Hudson 42 31/03/17 56.1
Begbies Traynor 49 30/04/17 49.7
Wilkins Kennedy 74 30/04/17 47.7
Kingston Smith 62 30/04/17 46.12
Menzies 41 30/06/17 40.34
FRP Advisory 41 30/04/17 40.15
TaxAssist Accountants 206 31/12/16 37.26
Buzzacott 32 30/09/16 34.5
Kreston Reeves 52 31/05/17 33.11
HW Fisher & Co 31 30/04/17 29.6
Price Bailey 29 31/03/17 26.5
Haysmacintyre 32 31/03/17 26.1
Hazlewoods 29 31/04/17 23.66
SJD Accountancy 3 31/10/16 22.86
Bishop Fleming 29 28/05/17 22.32

Top 30 Accountancy Firms (Scotland) ranked by fee earners

In Scotland, KPMG has moved up to the top spot after falling behind the rest of the Big Four in terms of fee earners last year. EY has also risen to number two, while Deloitte has slipped to fourth place and Johnston Carmichael remains steady at number five.

Campbell Dallas, Scott-Moncrieff, Anderson Anderson & Brown, French Duncan and RSM also feature in the Scottish top 10 by fee earners.

FIRM NAME PARTNERS / PARTNER EQUIVALENT FEE EARNERS STAFF IN TOTAL SCOTLAND REVENUE (£M)
KPMG 56 831 948 n/d
EY 35 771 914 n/d
PwC 27 723 769 n/d
Deloitte 35 671 699 n/d
Johnston Carmichael 57 501 620 43.6
Campbell Dallas 22 219 239 14
Scott-Moncrieff 19 210 230 13.49
Anderson Anderson & Brown 13 205 248 19.5
French Duncan 16 172 198 11
RSM 24 171 186 n/d
Grant Thornton 6 164 195 n/d
BDO 10 148 165 14
Mazars 9 130 142 10.3
Henderson Loggie 20 129 168 10.5
Chiene & Tait 10 117 130 6.5
EQ Accountants 15 101 107 6.8
Wylie & Bisset 11 97 115 6.9
Saffery Champness 10 80 78 6.5
Condies 8 71 75 6
Ritsons 7 67 63 n/d
Milne Craig 7 65 72 5.5
Thomson Cooper 9 61 63 4.6
Geoghegans 7 56 53 3.6
Whitelaw Wells 7 56 56 3.1
Martin Aitken & Co 8 52 63 4.6
William Duncan & Co 9 50 59 4.7
Alexander Sloan 9 44 37 n/d
Hall Morrice 5 42 46 3.4
Hardie Caldwell 5 38 40 n/d
Springfords 5 35 35 2-3

This article was originally published in the November 2017 issue of CA magazine.