INSIDE Public Accounting (IPA) recently presented its fifth annual ranking of the IPA 200 public
accounting firms. KatzAbosch was
named to the list for the third time.
“With more than 540 firms participating in
the IPA annual Survey and Analysis of
Firms this year, along with many CPA firm associations contributing to the
search to identify the IPA 200, this prestigious group joins the IPA 100 as the definitive ranking of the
nation’s largest public accounting firms,” says
Kelly Platt, principal of The Platt Group, the publisher of IPA.
For the most recent fiscal year, IPA 200 firms range in size from $14
million to $31 million, and from 60 to 235 staff. These firms employee more
than 12,000 staff across the nation, up 9% from last year.
“The IPA 200 averaged 5.4% top-line growth,
and 6.2% growth in the bottom line,” says Michael Platt, principal of the Platt
Group.
“Similar
to their IPA 100 peers, the IPA 200 are also engaged in acquisitions
to grow in size, scope and capability, with 21 mergers reported for the group
last year, pulling more than 200 staff and more than $22 million into the
aggregate numbers of the group,” says Kelly Platt.
Highlights of the IPA 200:
5.4%
– Average revenue growth
6.2%
– Average net income growth
13.1%
– Average staff turnover
$76,657
– Average pay per professional staff
$443,502
– Average equity partner compensation
For the
complete list of 2014 IPA 200 firms, go to: http://insidepublicaccounting.com/newsletters/ipa-100-and-ipa-200/