BCG "IAS" growth rate is 5 times higher than that of the Russia's audit market

According to RAEX,
BCG “IAS” showed a 54% increase in 2018 revenue growth

BCG “IAS” moved up by 4 points and is now No. 16 in the list of Russia’s major auditing companies in the RAEX rankings “Russian audit – 2018”. Increase in revenues rate is 54.8%. As far as the rating of international networks working in Russia is concerned, BCG “IAS” being part of the Russell Bedford global network, showed a 44.6% revenue growth and raised by 4 lines in TOP-20 of Russia’s major auditing groups and networks.

Speaking of separate types of auditing and consulting activities, BCG “IAS” scored No. 5 in insurance companies audit, No. 14 in bank audit, and No. 4 in IT-consulting.

Pursuant to RAEX market analytics, this year top-100 auditing companies’ income has increased by 9% to RUB 39 bln. This is good news as last year we witnessed decrease of net sales of RAEX research participants by 5%. Another interesting fact is that this growth is mostly conditioned not by statutory audit, but by revenues from initiative audits and audit-related services. The first have increased by 38.8% as compared with the last year and totaled to RUB 3.5 bln, the latter – by 48.2% and made RUB 2.8 bln.

Our congratulations to all IAS specialists on these fantastic results! We thank you all for you everyday efforts that make it possible for BCG “IAS” to be one of the leading companies of both Russian and international consulting markets. 

More detailed information about the rating results, evaluation methods, and participants in the ranking can be found on RAEX official website https://raex-a.ru/researches/audit/audit_2019

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According to RAEX,
BCG “IAS” showed a 54% increase in 2018 revenue growth