Small and Sole Firms
This includes Chartered Accountants working in public practice, in sole practice or in the smaller firms. To date, most of these firms have operated exclusively in local markets. Approximately 34% of Chartered Accountants work in sole practices or small firms
Medium sized firms
This includes the so called second tier firms . Many of these firms operate both nationally and internationally. About 3% of Chartered Accountants belong to this segment.
The large firms, currently referred to as the Big Five, all operate globally. This sector employs about 13% of Chartered Accountants
The Institute of Chartered Accountants in India - The final stakeholder group is the Institute, the professional association.
Many challenges are generic in nature - they will apply to more than one member segment
Career changes mean that there is and will continue to be a lot of movement between segments by individual members;
This membership segmentation may cease to have utility in the future. Indeed, as discussed further in this report, other segmentation approaches ( area of specialization, global versus non-global business focus) are likely