Baker Tilly TPA among the best and biggest audit firms
For the second consecutive year, Baker Tilly TPA is among the best and largest audit firms in Poland. In this year’s list, we rank 8th in terms of revenue from audits and 10th in terms of total revenue.
We have the results of the ranking of audit firms by the ‘Rzeczpospolita’ and ‘Parkiet’ dailies Baker Tilly TPA’s team of experts has every reason to be proud. In terms of audit revenues, we have moved up 1 place and are consistently in the TOP10 of the largest audit firms in Poland in terms of total revenue.
As we can read in the ranking, the total revenue of auditors in 2022 amounted to PLN 5.9 billion, an increase by more than a fifth. The ranking jury noted Baker Tilly TPA’s revenue growth rate of more than 20%, which was above the market dynamics.
“We are very pleased with the results of the ranking. Despite the reported increase in revenue in the audit industry, it should be noted that the number of audit firms is growing year by year, and they are no longer competitive in the face of increasing demands from the regulator and market supervisor, with increasing client expectations for audit quality and downward pressure on prices. Another problem is the constantly decreasing number of people who want to pursue the career of a certified auditor. As a result, a smaller and smaller group of experts have the knowledge, experience and authority to audit financial statements. All the more reason to congratulate our auditors and financial advisors on their promotion and good result in this important ranking, and to thank our clients for their trust and often long-standing cooperation,” commented Krzysztof Horodko, Managing Partner of Baker Tilly TPA.
In addition, we received a distinction in the Education category. Huge congratulations to Tomasz Manowiec, who is the author of the award-winning online course ‘Analyst Package’.
“I am pleased that this project was noticed and awarded by the competition’s jury. From the beginning of a career in finance, one can see how important it is to combine up-to-date knowledge with excellent technical skills. This is what guided us in developing this course. We have created a solution that has become popular because it stands out because of its comprehensive approach. Thank you very much for the award,” commented the author of the course, Tomasz Manowiec.
It is the 22nd edition of the Rzeczpospolita and Parkiet’s ranking of auditors. As every year, the winners were selected on the basis of submitted surveys.
“The published ranking assessed audit firm activity in 2022. It was once again a difficult time, both for the industry and for our clients. Entrepreneurs were still trying to recover from the pandemic, while trying to cope with the effects of the war or the accelerating inflation. All these factors affect the financial statements of companies, and thus one has to approach the audit differently, pay attention to other elements. It is also necessary to keep in mind the amendments to the regulations and standards on the basis of which the audit is conducted. All this contributes to the fact that the work of the auditor is not an easy one,” said Krzysztof Dziekoński, Partner at Baker Tilly TPA.
Monika Tuzimek, Partner, Audit Department added: “Auditing is subject to constant change. Regulations are getting more stringent, and inspections by the authorities are becoming more frequent. Clients’ expectations are also different. They want an audit that is both quicker and more accurate and efficient. All that means that the very method of examination must be different today than it was just a few years ago. It is no longer possible to do without modern tools and technology. At the same time, the importance of the auditor, their knowledge and experience is still considerable. I’m glad that our team has all these resources, the clients are satisfied with our services, with the ranking results being an additional icing on the proverbial cake.”
