Magazine article The CPA Journal

Accounting Today's Top 100 Firms Continue Double-Digit Growth

Magazine article The CPA Journal

Accounting Today's Top 100 Firms Continue Double-Digit Growth

Article excerpt

Accounting Today's list of the top 100 firms paints a prosperous picture of the accounting profession: Total revenues of the 100 largest accounting firms increased 16% over the prior year. The Accounting Today analysis breaks out the statistics into the Big Five firms and the other 6-100. The Big Five's revenues increased 16%, down from the prior year's 27% increase.The second 95 firms showed a growth rate of 21 %, which includes acquisitions of smaller firms and is strongly influenced by the growth in pure tax firms, such as H&R Block and the consolidators.

Unlike Public Accounting Report, Accounting Today does not require that a firm have an accounting and auditing practice to qualify for its top 100. H&R Block's tax practice is listed at No. 6 and the consolidators-Century Business Services (No. 7), RSM McGladrey (No. 8), and American Express Tax & Business Services (No. 11)-are very much in evidence. …

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