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Accounting & Auditing in Lithuania Industry Data and Analysis
Europe’s Accounting and Auditing industry is well-established, with leading nations like the UK and Germany generating significant revenue, partly because London and Frankfurt are major global financial hubs. Growing enterprise numbers and employment rates have expanded the potential client pool for accounting and auditing firms. Despite the industry providing both procyclical and countercyclical services, volatile economic conditions have caused some operational disruption, though revenue has remained fairly resilient. Revenue is expected to inch upward at a compound annual rate of 0.4% over the five years through 2025 to €235 billion, including a forecast hike of 0.6% in 2025.
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What's included in this industry analysis
IBISWorld's research coverage on the Accounting & Auditing industry in Lithuania includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
About this industry
What's this industry report about?
The Accounting & Auditing industry in Lithuania operates under the industry code LT-M692. The industry comprises a wide range of services, including accounting, auditing, bookkeeping and tax consultancy. Companies prepare and examine financial accounts, record commercial transactions for other organisations, prepare personal and business income tax returns, offer tax advisory services and represent businesses before tax authorities. Related terms covered in the Accounting & Auditing industry in Lithuania include big four, auditing, management accounting, tax return and outsourcing.
What's included in this industry?
Products and services covered in Accounting & Auditing industry in Lithuania include Audit services, Financial and management accounting and Tax services.
What companies are included in this industry?
Companies covered in the Accounting & Auditing industry in Lithuania include PricewaterhouseCoopers International Ltd, Ernst & Young Global Ltd and Deloitte Touche Tohmatsu Ltd.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Accounting & Auditing industry in Lithuania.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Accounting & Auditing industry in Lithuania.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Accounting & Auditing industry in Lithuania.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Accounting & Auditing industry in Lithuania. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Accounting & Auditing industry in Lithuania. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Accounting & Auditing industry in Lithuania. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Accounting & Auditing industry in Lithuania. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Accounting & Auditing industry in Lithuania.
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Frequently Asked Questions
What is the market size of the Accounting & Auditing industry in Lithuania in 2026?
The market size of the Accounting & Auditing industry in Lithuania is €666.3m in 2026.
How many businesses are there in the Accounting & Auditing industry in Lithuania in 2025?
There are 6,160 businesses in the Accounting & Auditing industry in Lithuania, which has grown at a CAGR of 8.0 % between 2020 and 2025.
Has the Accounting & Auditing industry in Lithuania grown or declined over the past 5 years?
The market size of the Accounting & Auditing industry in Lithuania has been growing at a CAGR of 9.2 % between 2020 and 2025.
What is the forecast growth of the Accounting & Auditing industry in Lithuania over the next 5 years?
Over the next five years, the Accounting & Auditing industry in Lithuania is expected to grow.
What are the biggest companies in the Accounting & Auditing industry in Lithuania?
The biggest companies operating in the Accounting & Auditing industry in Lithuania are PricewaterhouseCoopers International Ltd, Ernst & Young Global Ltd and Deloitte Touche Tohmatsu Ltd
What does the Accounting & Auditing industry in Lithuania include?
Audit services and Financial and management accounting are part of the Accounting & Auditing industry in Lithuania.
Which companies have the highest market share in the Accounting & Auditing industry in Lithuania?
The company holding the most market share in the Accounting & Auditing industry in Lithuania is PricewaterhouseCoopers International Ltd.
How competitive is the Accounting & Auditing industry in Lithuania?
The level of competition is low and steady in the Accounting & Auditing industry in Lithuania.
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