Difficult Accountancy

Magazine "Expert Kazakhstan"
#25 (366), June, 2012, page 28
Svetlana Gribanova

The audit sector endured stagnation last year and went to growth, overcoming old problems — unfair competition and dumping of the prices.

Audit - the analysis of the market of audit and consulting services in Kazakhstan for 2011 - Expert Kazakhstan Magazine.

As showed from the next, the third review of activity of the audit and consulting groups (ACG), prepared by Expert RA Kazakhstan rating agency, the last year was more successful for ACG in compare with the 2010th though results of their activity are still slightly worse, than in the 2009th. According to the results of 2011 the income of the companies which have taken part in a rating, increased by 13,9% against decrease for 4,3% a year before. Let's remind, in the 2009th growth of the income of ACG was 17,6%. Even with indexation on inflation (following the results of 2011 — 7,4%) the revenue of the companies grew by 5%.

Grant Thornton took a part in this rating for the first time and at once entered into ten, having taken the eighth place.

You can read the full version of article here