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Trends in the French accountancy market
In the field of public practice, the profession is dominated by the Big Six firms in France, whilst the smaller practices serving the SME sector have merged to strengthen their position vis-à-vis the former groups. In the past 30 years, the image of the local accountant and auditor serving the SME type of business has given way to the emergence of large practices. The Big Six have absorbed the smaller French firms and now certify the accounts of the French corporations listed on the French stock exchange. They have expanded into management consultancy and other advisory services, and have moved into the provincial regions of France in pursuit of the SME business.