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Accounting Services in Michigan

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MI54121c

Accounting Services in Michigan industry analysis

The Accounting Services industry in Michigan is expected to decline 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 decreased 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 billion.

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

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About the Accounting Services in Michigan Market Research Report

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

Definition of the Accounting Services in Michigan?

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 Michigan?

The Accounting Services in Michigan 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 Michigan 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 Michigan

Benchmark the Accounting Services in Michigan industry performance with all MI county and national performance.

Accounting Services in Michigan

#13 in Highest Revenue 2.1% 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 Michigan

See how key industry drivers, such as population, labor force participation rate, per capita disposable income, number of businesses, industrial production index and business bankruptcies are impacting Accounting Services in Michigan

Michigan Economic Indicators

Population
Labor Force Participation Rate
Per Capita Disposable Income

View more economic information in MI State Economic profile

US Key External Drivers

Number of businesses
Industrial production index
Business bankruptcies

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County Data of the Accounting Services industry in Michigan

Access proprietary data on county in the Accounting Services in Michigan, such as Oakland County, Wayne County and Kent County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Accounting Services industry in Michigan

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 Michigan in 2025?

The market size of the Accounting Services industry in Michigan is $3.1bn in 2025.

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

There are 2,106 businesses in the Accounting Services industry in Michigan, which has been declining at an average annual rate of -1.6% from 2020 to 2025.

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

The market size of the Accounting Services industry in Michigan has been declining at an average annual rate of -1.1% from 2020 to 2025.

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

There are 16,456 employees in the Accounting Services industry in Michigan, which has been growing at an average annual rate of 1.2% from 2020 to 2025.