INSIDE Public Accounting Releases Annual Rankings and Performance Metrics of the Nation's Largest Public Accounting Firms
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THE 2017 INSIDE PUBLIC ACCOUNTING 100 FIRMS
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Key Highlights Of The Nation's 100 Largest Accounting Firms
  • The pace of organic growth (excluding mergers) has slowed to 6.8% for the group, down from 7.5% growth reported in 2016. Acquisitions (both traditional CPA firms as well as other consulting companies) pushed the overall growth rate to 9.4%.
  • Organic growth in net income, at 4.8%, has slowed to a pace not seen since 2011. Even factoring in acquisitions, net income growth is up only 5.5% over last year.
  • Audit and accounting services in the IPA 100 continue a multi-year decline as a percentage of total revenue - to now represent an average of 37% of total firm revenue as firms grow non-traditional services.
  • Non-traditional services offered by the IPA 100 firms, such as consulting, technology and financial services, climbed to an average of 27% of total net revenue.
  • Professional staff turnover (CPAs and other client-serving staff) averaged 15.0% for the IPA 100; with one in seven IPA 100 averaging more than 20% professional staff turnover.
"In addition to the challenges already faced by the profession, the coming wave of artificial intelligence, machine learning, blockchain technology and Big Data is advancing faster than anyone would have predicted even three years ago," says Mike Platt, principal with INSIDE Public Accounting. "Efforts are underway on many fronts to re-engineer how the business of public accounting gets done. The coming changes will be transformational."

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The Firm Administration, Human Resources and Information Technology reports assist firm management uncover trends, areas of policy improvement, operational and procedural issues. The reports, along with the IPA National Benchmarking Report aid in planning, budgeting and implementing needed changes to move ahead in best practice style.  Click on any one of the images below to find out more, and to view an excerpt from 2016.

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The Platt Group
INSIDE Public Accounting
4000 W. 106th St., Ste. 125-197 Carmel IN 46032