INSIDE Public Accounting names nation's best accounting firms
by AccountingWEB on
Every year, INSIDE Public Accounting’s Best of the Best recognition honors 25 firms for their stellar management and superior operational performance on more than 50 criteria.
This is the 17th year INSIDE Public Accounting (IPA) has named the Best of the Best accounting firms. More than 385 firms participated in this year’s 20th annual IPA Annual Survey and Analysis of Firms. Each of the firms is eligible for the designation, regardless of size.
“Best of the Best firms represent the top 25 accounting firms in the nation. Each firm demonstrates the right combination of vision, planning, and execution to deliver superior performance,” said Michael Platt, principal of the Platt Group and publisher of IPA. “Firms that earn this designation represent the best of what the accounting profession has to offer.”
The 2010 Best of the Best and Best of the Best Honorable Mention firms range in size from $3 million to $169 million. Some firms are heavily focused on audits, some on tax, and several derive up to 40 percent of their revenues from non-traditional services.
These Best of the Best firms excelled within an economic environment that took its toll on all firms. Size wasn’t a factor – the largest firm to make the cut is $169 million and two firms are under $10 million. The sweet spot for IPA Best of the Best this year is the $20 million to $60 million range, representing over two-thirds of the firms.
“The success of these firms is a tribute to their leadership. Their stellar performance defies economic trends by recognizing the long-term goals that are needed in order to sustain growth through both prosperous times and down times. We salute all of these firms and recognize their overall management strategies as models that the profession can be quite proud of," said Kelly Platt, principal of the Platt Group and editor of IPA.
“Despite the economy, these firms turned in solid results – revenue growth of 3.9 percent and income growth of 10.4 percent when their peers struggled to stay flat. These firms moved 37.5 percent of their fees to the bottom line, compared with an average firm struggling to hit 30 percent”, said Platt.
The 2010 25 Best of the Best firms (in alphabetical order):
- Argy, Wiltse & Robinson
- Aronson & Company
- Bader Martin
- BGBC Partners
- Boulay, Heutmaker, Zibell & Co.
- Clark, Schaefer, Hackett & Co.
- Doeren Mayhew
- EEPB PC
- Geffen Mesher & Company
- Grassi & Co.
- Habif, Arogeti & Wynne
- Holthouse Carlin & Van Trigt
- Katz, Sapper & Miller
- Mauldin & Jenkins
- Maxwell Locke & Ritter
- Morrison, Brown, Argiz & Farra
- Novogradac & Co.
- Padgett, Stratemann & Co.
- RBZ LLP
- Rothstein Kass
- Seiler LLP
- Smith & Howard
- T R Moore & Co.
- Tanner LC
- Whitley Penn