AGA's US member firms ranked in Inside Public Accounting's 2023 Top 400 list

IPA, the leader in data collection for the public accounting profession, has released its annual rankings and analysis of the nation’s largest accounting firms, which are growing quickly despite an unprecedented labor shortage and rapidly rising costs.

The data, based on firms’ net revenues was drawn from 600 firm responses to the annual IPA Practice Management Survey, with a 92% return rate, and forms a comprehensive picture of the state of the public accounting profession.

This is IPA’s 33rd annual ranking of the largest accounting firms in the United States.  

AGA has 220 member firms in 95 countries including 27 law and CPA firms in the US and Canada. Members ranked are:

• Bowman & Co, Stockton, CA (#241)
• Farkouh, Furman & Faccio, NY (#330)

Key findings of the 100 largest firms (excluding the Big 4) include an increase in total growth, up by 18.1% compared with 15.6% last year while net income grew by 12.2%, down from 20.7%.

Charles Hylan, Managing Director at The Growth Partnership, IPA’s parent company and AGA Preferred Partner commented:

“The combination of too few professionals and high demand is pushing firm leaders to merge up, outsource tax work and hire non-CPAs, among other strategies. They seem to be working so far, as firms are growing fast and producing impressive financial results. The question now is whether year-over-year growth of 18% will continue next year.”

Giles Brake, Alliott Global Alliance CEO added:

“Despite facing ongoing challenges, it is again extremely encouraging to see AGA member firms performing so well and ranking consistently from year to year among North America’s leading CPA firms. Congratulations to our colleagues at Bowman & Co and Farkouh, Furman & Faccio.”

The full list of firms can be accessed here and the full analysis of the IPA 100 through IPA 500 will be published in September in IPA’s annual Practice Management Report.

Further reading:

New Jersey CPA firm Magone & Company joins Alliott Global Alliance

About Alliott Global Alliance:

Founded in 1979, and with 220 member firms operating out of 300 offices in 95 countries, Alliott Global Alliance is an international alliance of independent, law, accounting, and specialist advisory firms, working across the world Together as One. Each of our members share a common goal: to learn and share knowledge, resources, and opportunities to make the world smaller and their businesses stronger.

We work with a spirit of generosity and openness — so that together, we can continue to fulfil our ambitions, gain greater experience, and drive mutual success.

Alliott Global Alliance is expanding fast, and the alliance has its sights set firmly on growing its legal and accounting membership to 100 countries. Opportunities are available to independent professional firms in North America and in specific countries in Europe, China, the ASEAN region, Australasia, the Gulf Cooperation Council region and Central and South America. For information about membership in North America, contact membership@alliottglobal.com.