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Latest Country Report - Europe

2016 Cyprus survey: Early bailout offers hope for recovering island

  • Author: Vincent Huck
  • Published: 3 May 2016

On 31 March, two months ahead of schedule, Cyprus successfully exited its three-year international bailout. A success many attribute to the vibrant.... read more

2016 Turkey survey: rankings

  • Author: Vincent Huck
  • Published: 3 May 2016

International Accounting Bulletin 2016 rankings of Networks and Associations in Turkey. read more

Britain keeps calm and carries on

  • Author: Vincent Huck
  • Published: 17 Dec 2015

Despite a slight slowdown in the economic recovery, the UK’s economy and regulatory framework remains attractive for foreign investors. And despite.... read more

Nordic countries: Overlooked corner of Europe thrives

  • Author: Vincent Huck
  • Published: 26 Oct 2015

Consolidation, rising audit thresholds and fee pressure are just a few of the ingredients for fierce competitive markets in the Nordic countries..... read more

Russia: Business as usual as sanctions fail to bite

  • Author: Vincent Huck
  • Published: 23 Oct 2015

Russian firms are remaining positive despite political brinkmanship, economic sanctions and a sluggish economy. Vincent Huck reports. read more

France: Firms tough it out in challenging market

  • Author: Vincent Huck
  • Published: 23 Oct 2015

The past two years have been tough for France’s economy and political and social landscape and firms are looking for new services to drive growth,.... read more

The Netherlands: Bloody, but unbowed

  • Author: Vincent Huck
  • Published: 21 Aug 2015

In the wake of a series of accounting scandals involving the largest firms in the Netherlands, the Dutch profession pressed by politicians took the.... read more

UK Survey: EU membership issue creeps closer to centre stage

  • Published: 22 Dec 2014

With the possibility of a vote on EU membership seeming more likely, and the first signs of economic recovery taking hold, this year has seen the.... read more

Russia survey: Shifting landscape as tensions mount

  • Author: Isabella Grotto
  • Published: 27 Oct 2014

As tensions between Russia and the West persist, weakened currency and tough sanctions take their toll on the Great Bear’s economy and the.... read more

Spain survey: Darwinism in action for siege economy

  • Author: Vincent Huck
  • Published: 16 May 2014

After five years of recession the beleaguered Spanish profession is seeing the first signs of optimism. Not all firms survived the economic crisis,.... read more

Russia: Between innovation and old practices

  • Author: Vincent Huck
  • Published: 24 Oct 2013

As Russia’s accounting industry finds itself between regulatory changes enhancing the quality of the profession and old practices harming its.... read more

Dutch prepare for market changes

  • Author: Vincent Huck
  • Published: 23 Aug 2013

Regulatory changes have heralded a fresh wind of change in a slow economic climate for the Dutch accountancy profession. Vincent Huck reports. read more

German SMEs play the leitmotif of growth

  • Author: Carlos Martin Tornero
  • Published: 24 Jun 2013

The German accounting profession appears to have maintained the growth momentum that it recaptured following uncertainty at the height of the.... read more

Italy survey: Tough times for Italian profession

  • Author: Paul Golden
  • Published: 24 Jun 2013

Although its economy continues to struggle alongside those of other southern European nations, the positive attitude often exhibited by Italy’s.... read more

Profession benefits from Spain’s quixotic struggle

  • Author: Carlos Martin Tornero
  • Published: 21 May 2013

Spain’s economic turmoil has gone a long way in shaking up the Spanish profession and while firms return to growth, the struggle is not over yet as.... read more

Not so prosperous on the Bosphorus

  • Author: Ana Gyorkos
  • Published: 21 May 2013

A boom in audit services was anticipated in Turkey just 12 months ago, but the thresholds determined by the recently-introduced Commercial Code.... read more

Polish audit in crisis

  • Author: Ana Gyorkos
  • Published: 22 Mar 2013

Heavy fee discounting, little quality oversight, a fragmented market and frequent retendering are pushing audit services in Poland near to.... read more

UK Survey: Steady UK holds it nerve

  • Author: Ana Gyorkos
  • Published: 17 Dec 2012

Despite recent growth in the UK accountancy market, UK professional services firms are bracing themselves for slowing growth and other hurdles. Ana.... read more

France survey: Solid performance despite lack of optimism

  • Author: Ana Gyorkos
  • Published: 26 Sep 2012

Most French firms have reported in the black however good results are being overshadowed by concerns about the continuing economic downturn, the.... read more

Netherlands survey: Dutch may jump the gun on audit reform

  • Author: Ana Gyorkos
  • Published: 30 Aug 2012

A slow economy, relentless fee pressure and a struggle to gain new clients have become perennial problems for the Dutch accountancyprofession..... read more

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