The Bonadio Group, upstate New York's largest independent provider of accounting and business consulting services, was among the nation's top tax and accounting firms ranked in Accounting Today's 2007 Top 100 Firms survey, a program that salutes the nation's top revenue- producing CPA practices.
The firm was the only New York State practice outside of New York City ranked in this year's list. In the past, The Bonadio Group has received recognition as an âInnovative CPA Firmâ and was honored for innovation in financial services by Accounting Today's sister publications Practical Accountant and CPA Wealth Provider.
âIt is an honor to be recognized as a top performing firm by one of our industry's most influential publications,â said Thomas F. Bonadio, managing partner, The Bonadio Group. âAnd to be the only practice ranked in the state outside the New York metro area is evidence of our commitment to go beyond client expectations to deliver extraordinary value that meets the unique needs of our clients throughout upstate New York.â
The Bonadio Group made several strategic moves within the past year that contributed to their overall growth and ranking in the Top 100. Most recently, the firm merged with Loguidice and Kamide, expanding their presence in the Syracuse market and bringing them one step closer to becoming upstate New York's first mega-regional accounting firm. In 2006, the firm launched Bonadio Receivable Solutions, a consulting service that assists healthcare providers improve cash flow, and introduced two additional service lines.
This year, the Accounting Today staff collected in excess of 170 responses from firms across the country and set the revenue cut-off at roughly $2 million higher than the 100th ranked firm in the 2006 study.