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Grant Thornton Armenia presents the latest Audit Market Study 2025, offering an overview of the current landscape of Armenia’s audit profession.
The study analyzes publicly available data to highlight the performance of the country’s leading audit firms and the trends shaping the market.

According to the findings, as of May 2025, thirty firms are registered as members of the Chamber of Auditors and Expert Accountants of Armenia.
The analysis focuses on the seven firms that each hold more than four percent of the market’s total revenue, collectively representing over 80 percent of the industry’s total.
Through a comparative review of revenues for 2023–2024 and audit client portfolios, the study outlines the evolving structure of the market and the growing transparency within the profession.

While the report highlights the sustained leadership of the largest firms, it also reflects the contribution of smaller and mid-sized practices in expanding service accessibility and strengthening professional diversity.
Overall, the study captures a market that is becoming increasingly open, competitive, and aligned with international standards.

Armenian Audit Market 2025 – Top Seven in Focus

Armenian Audit Market 2025 – Top Seven in Focus

The latest edition of our Audit Market Study provides an overview of Armenia’s audit profession based on publicly available data.
The analysis focuses on the market’s leading firms, their revenue performance, and client portfolio dynamics, offering a snapshot of key trends shaping the sector.

Read our full market study to explore the current structure of Armenia’s audit market and the indicators behind its continued growth and transformation.

Download the PDF now [1592 kb]