The number of Georgian audit firms is growing every year in the market. In 2022, the income of the 15 largest firms from auditing activities increased to GEL 49.9 million, which was 7% less than the previous year. In a four-year period, auditors' revenues were up by almost 44%.
The companies engaged in auditing activities submitted the results for 2022 to the Accounting, Reporting and Audit Regulation Service. A total of 268 companies are registered in the database of the agency.
Audit companies receive revenue from a variety of sources. These include providing financial and legal advice to clients, preparing audit reports and surveys, outsourcing accounting services, and more.
Rating Of Audit Firms By The Revenues In 2022/2021
PWC Georgia - Revenue of GEL 11,242,051 in 2022; Revenue of GEL GEL 11,380,881 in 2021
Ernst & Young Georgia - Revenue of GEL 10,813,427 in 2022; Revenue of GEL 14,102,412 in 2021
BDO Georgia - Revenue of GEL 5,830,326 in 2022; Revenue of GEL 6,023,120 in 2021
KPMG Georgia - Revenue of GEL 8,026,440 in 2022; Revenue of GEL 6,970,897 in 2021
Deloitte & Touche Georgia – Revenue of GEL 2,293,607 in 2022; Revenue of GEL 3,704,393 in 2021
Nexia TA – Revenue of GEL 2,089,544 in 2022; Revenue of GEL 1,861,260 in 2021
Ecovis Georgia – Revenue of GEL 1,709,735 in 2022; Revenue of GEL 1,304,894 in 2021
RSM Georgia – Revenue of GEL 1,237,520 in 2022; Revenue of GEL 1,004,905 in 2021
Moore ABC – Revenue of GEL 1,237,520 in 2022; Revenue of GEL 1,004,905 in 2021
Grant Thornton Georgia – Revenue of GEL 1,215,729 in 2022; Revenue of GEL 1,280,840 in 2021
Management Advisory Group – Revenue of GEL 769,544 in 2022; Revenue of GEL 724,486 in 2021
AG International Consulting – Revenue of GEL 716,889 in 2022; Revenue of GEL 562,578 in 2021
KRESTON Georgia - Revenue of GEL 646,598 in 2022; Revenue of GEL 740,303 in 2021
FMG - Revenue of GEL 569,178 in 2022; Revenue of GEL 517,769 in 2021
