Estonian audit market grew 3.7% in a year, reaching annual total of 26.2 MEUR for auditing services, according to the recent analysis of the activity reports of Estonian audit firms for the 12-month period July 2015 - June 2016.
The total market share of 5 largest firms (PwC, EY, KPMG, Deloitte and Grant Thornton) is 52%, but the medium and smaller firms managed to increase their part in a year.
The growth of large auditing firms is mainly fuelled by rapid revenue increase (20%) from non-audit services, totalling over 40% from their total income.
