Accountants are benefiting from an increased regulatory burden imposed on companies, with income at Britain's top 60 firms rising £1bn to £7.7bn last year.
The boom in audit work boosted fees by 14pc in 2005, according to Accountancy magazine's annual league table. In 2004, growth was reported at 5pc.
PricewaterhouseCoopers remains the biggest earner, with income of £1.8bn, up 13pc. It also has the most staff (14,000) and partners (755).
But it was the third-ranked KPMG which enjoyed the biggest increase in fee income of the top five firms. 2005 was KPMG's most successful year in the UK on record, with income up 20pc to £1.3bn.
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