Expert RA
RAEX has published its latest rankings of Russia's largest audit groups and firms based on the 2024 figures.
In the overall rankings of Russia's largest audit firms and groups, FBK traditionally maintains sixth place, being one of the few firms to show positive revenue growth over the year. Among audit firms ranked by revenue from statutory audit services, FBK consistently ranks fifth.
FBK has reaffirmed its status as the undisputed market leader in professional services for financial institutions, taking the first place: for the seventh consecutive year in Audit of Banks , fifth in Audit of Leasing Companies (outperforming competitors by over 13 times) and third in Audit of Investment Institutions.
The firm has climbed two positions in revenue rankings for Valuation, securing second place. In revenue rankings for Legal Consulting, FBK came fourth.
FBK has been ranked sixth in both Financial Consulting and Tax Consulting categories.
In the latest rankings of Russia's largest consulting companies and groups, also compiled by RAEX for 2024, FBK has strengthened its position by moving up to third place in Valuation, securing its place among the top three market players, which is testament to the expertise of its consultants and their ability to anticipate market trends.
FBK has also improved its standing in Legal Consulting, taking fourth place.
In the ranking of the largest consulting groups and companies in Russia, FBK is traditionally among the top 20.
FBK has topped the ranking of auditors of investment institutions after being nominated in this category for the first time. Together with traditional first ranks in the audit of banks and audit of leasing companies categories, this confirms the firm’s status as the leader in professional services to financial institutions.
In addition, FBK’s ranking among valuation firms has significantly improved, the firm reaching the fourth place in the list.
The firm also made it to the top three in financial consulting and the top five in tax consulting and legal consulting.
In the IT consulting category, the firm climbed two places up to the eighth position. FBK also retained its place in the list of the top twenty best outsourcing teams in the market.
In the general rankings of the largest audit organisations in Russia and largest audit groups, FBK was ranked sixth.
The FBK audit and consulting group was ranked third by RAEX in the business and securities valuation category among the largest valuation groups. FBK Consulting and FBK, which belong to the group, made it to the top three and top eight in the ranking of the largest valuation firms.
According to its revenue, FBK was ranked fifth among the largest valuation groups. FBK Consulting became the fifth biggest valuation firm in Russia. This is the first time they are mentioned in the most respected research into the Russian valuation market.
FBK, an audit and consulting group, has been ranked sixth among the largest audit organisations in Russia according to RAEX.
In addition, the company has traditionally headed the list of the best firms in the audit of banks and audit of leasing companies categories and made it to the top three in the following key categories: financial consulting, tax consulting and legal consulting. FBK has also been named one of the best ten firms in valuation and IT consulting, and one of the best twenty firms in outsourcing.
FBK Grant Thornton has been ranked sixth among the largest audit organisations in Russia and the largest audit groups and networks in 2020 by RAEX, a Russian ranking agency.
The firm also made it to the top three in the following categories: financial consulting, tax consulting and legal consulting. In addition, FBK Grant Thornton was named one of the best ten firms in valuation, and one of the best twenty firms in outsourcing and IT consulting.
RAEX has included FBK Grant Thornton in the ranking of top consulting companies published in the Russian Newspaper.
The firm was ranked in four categories based on its performance in 2020: legal consulting, valuation, tax consulting and financial consulting. In addition, FBK Grant Thornton was included in the top 20 biggest Russian consulting groups and firms.
FBK Grant Thornton has been ranked sixth among the largest audit organisations in Russia and the largest audit groups and networks in 2019 by RAEX, a Russian ranking agency.
The firm was ranked first in the Bank Audit category and made it to the top three in the following categories: Financial Consulting, Tax Consulting and Legal Consulting. In addition, FBK GT is among the best ten firms in IT Consulting and Valuation, and among the best twenty firms in Outsourcing.
The firm was ranked first in the Bank Audit category and made it to the top three in the following categories: Financial Consulting, Tax Consulting and Legal Consulting. In addition, FBK is among the best 10 firms in IT Consulting and Valuation.
According to RAEX, FBK has made it to the top ten largest audit organisations in Russia and top ten largest audit groups and networks based on the 2017 figures.
The firm also made it to the top three in such categories as Financial Consulting, Bank Audit, Tax Consulting and Legal Consulting. In addition, FBK was ranked fifth in IT Consulting and seventh in Valuation.
According to RAEX, FBK has made the top three Russian major audit organisations (auditors) list. The firm holds first ranks in a number of key areas, including Financial consulting, Bank audit and IFRS-related services.
FBK ranks 2nd in Tax consulting and Legal consulting and has made it into top five major organisations and groups in terms of revenue from audits, and made the top five list in IT consulting and Valuation.
The past year saw FBK gain honours as Russia's largest audit organisation. The honours were awarded at the RAEX anniversary conference "The 20th Anniversary of the Audit and Consulting project". Sergey Shapiguzov, President of FBK, was awarded with a diploma "For a contribution to the emerging and growing audit practice in Russia".
The ranking experts endorsed FBK as the best firm in the area of banking audit, awarded the first place to FBK in terms of revenue from general and stock exchange audit, the third place in terms of revenue from IFRS related services and the fifth place in Financial Management. FBK has also made it into top 10 firms in IT Management Advisory, Legal Advisory and Tax Advisory.
FBK and its leadership were awarded special endorsements, including a title of honour as Russia’s largest audit organization.
Sergey Shapiguzov, President of FBK, was individually endorsed for a “Contribution into formation and development of audit activities in Russia” as well as Sergey Pyatenko, General Director at FBK Economic and Law School, for a “Contribution into development of information environment in audit and advisory areas”.
The company enters top-10 leading ACG by volume of total revenue from audit and consulting.
FBK also takes the leading positions in a number of key specialized services.
In the whole according to the results of 2012 FBK took the leading positions in the key specialized services:
- The 1st place by volume of total revenue from bank audit
- The 3rd place by volume of total revenue from tax consulting
- The 3rd place by volume of total revenue from IFRS services
- The 3rd place by volume of total revenue from legal consulting
- The 5th place by volume of total revenue from general audit
- The 6th place by volume of total revenue from audit revisions
- The 9th place in the sphere of accounting functions outsourcing.
In the rating of the largest auditing and consulting groups in Russia during 2011, FBK led by revenues from the provision of audit services to the oil and gas industry, the banking sector, the metals industry (including the coal industry) and the chemical industry, and was in third place among auditing trading companies. FBK was in first place by volume of earnings among tax consulting companies in the oil and gas industry and the chemical industry, as well as in legal consulting for the oil and gas industry and the banking sector.
Overall, in 2011 FBK was in a leading position in key specialised services:
- 1st place by volume of earnings from bank audits,
- 2nd place by volume of earnings from legal consulting,
- 3rd place by volume of earnings from general audits,
- 3rd place by volume of earnings from IFRS services,
- 3rd place by volume of earnings from tax consulting.
Expert RA Ranking
In the ranking of the largest companies in outsourcing accounting functions in 2011, FBK was in first place on the market for professional services in outsourcing the preparation of financial reporting according to IFRS and in seventh place overall in the list of the largest companies in outsourcing accounting functions in 2011.
FBK was in first place by volume of earnings from tax consulting for the oil and gas industry and the chemical industry, as well as from providing legal consulting to banks.
Overall in 2010, FBK held the following positions:
- 6th place in providing auditing services,
- 4th place in terms of revenues from general auditing,
- 2nd place in auditing banks,
- 2nd place among the leading auditing and consulting groups with experience in providing IFRS services,
- 3rd place in tax consulting,
- 6th place in legal consulting,
- 9th place in financial consulting.
- 1st place according to earnings from financial consulting,
- 1st place according to earnings from legal consulting,
- 2nd place according to earnings from bank auditing,
- 2nd place according to earnings from services in IFRS,
- 2nd place according to earnings from tax consulting,
- 5th place according to earnings from general audits,
- 9th place according to earnings from auditing insurance companies.
According to the rating by the magazine Kommersant–Money, The Largest Companies On The Russian Appraisal Market in 2008 , FBK was in 11th place.
- 2nd place according to earnings from bank auditing,
- 2nd place according to earnings from services in IFRS,
- 2nd place according to earnings from tax consulting,
- 2nd place according to earnings from financial consulting,
- 4th place according to earnings from general audits,
- 4th place according to earnings from IT Consulting in development and system integration,
- 9th place according to earnings from valuation services,
- 10th place according to earnings from auditing insurance companies.
FBK was in 5th place by revenues in the provision of services to value intangible assets and intellectual property.
- 1st place according to earnings from legal services in court disputes,
- 1st place according to earnings from legal services in М&A,
- 1st place according to earnings from legal services in corporate law,
- 3rd place according to earnings from legal services in tax law,
- 3rd place according to earnings from legal services in labor law,
- 4th place according to earnings from legal services in real estate,
- 4th place according to earnings from legal services in capital markets,
- 6th place according to earnings from legal services in commercial and business law.