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Accounting Services in Tennessee

Author.Name IBISWorld United States Last Updated: August 2025 NAICS TN54121c

Accounting Services in Tennessee industry analysis

The Accounting Services industry in Tennessee is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to x,xxx locations. Industry employment is expected to increase an annualized x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Accounting Services in Tennessee Market Research Report

What’s Included in the Accounting Services in Tennessee Market Research Report

Definition of the Accounting Services in Tennessee?

Operators in the industry are certified to audit the accounting records of public and private organizations and to demonstrate compliance with generally accepted accounting practices. Certified public accountants (CPAs) in this industry provide a variety of accounting services, including auditing accounting records, designing accounting systems, preparing financial statements, developing budgets and providing advice on matters related to accounting.

What’s included in the Accounting Services in Tennessee?

The Accounting Services in Tennessee includes financial auditing, individual tax preparation, corporate tax preparation, general accounting, financial statement review, tax planning and consulting and nonfinancial assurance services. Related terms covered in the Accounting Services in Tennessee industry report includes the act of reviewing a company's financial operations to ensure regulatory compliance, the issuing of a company's common stock to the public for the first time and the standards, interpretation and framework for financial reporting adopted by the international accounting standards board.

Industry Performance of the Accounting Services industry in Tennessee

Benchmark the Accounting Services in Tennessee industry performance with all TN county and national performance.

Accounting Services in Tennessee

#19 in Highest Revenue 1.6% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Accounting Services in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

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Key Drivers of the Accounting Services industry in Tennessee

See how key industry drivers, such as unemployment rate, house price index, per capita disposable income, number of businesses, industrial production index and business bankruptcies are impacting Accounting Services in Tennessee

Tennessee Economic Indicators

Unemployment Rate
House Price Index
Per Capita Disposable Income

View more economic information in TN State Economic profile

US Key External Drivers

Number of businesses
Industrial production index
Business bankruptcies

For the full list of industry drivers, see report purchase options.

County Data of the Accounting Services industry in Tennessee

Access proprietary data on county in the Accounting Services in Tennessee, such as Shelby County, Davidson County and Knox County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Accounting Services industry in Tennessee

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Accounting Services industry in Tennessee in 2025?

The market size of the Accounting Services industry in Tennessee is $2.4bn in 2025.

How many businesses are there in the Accounting Services industry in Tennessee in 2025?

There are 1,235 businesses in the Accounting Services industry in Tennessee, which has been growing at an average annual rate of 0.4% from 2020 to 2025.

Has the Accounting Services industry in Tennessee grown or declined over the past 5 years?

The market size of the Accounting Services industry in Tennessee has been growing at an average annual rate of 0.1% from 2020 to 2025.

How many employees in the Accounting Services industry in Tennessee in 2025?

There are 10,051 employees in the Accounting Services industry in Tennessee, which has been growing at an average annual rate of 1.2% from 2020 to 2025.