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2014 TOP 100 FIRMS
3
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Editor-in-Chief Daniel Hood
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SOURCEMEDIA INC.
W
hile we may some-
times find putting to-
gether our annual Top
100 Firms and Region-
al Leaders lists tiring, we never get tired
of the report itself.
For one thing, its constantly new.
The last decade has seen tremendous
changes in the accounting landscape,
with everything from major economic
trends to regulation to waves of M&A
re-arranging the profes-
sion. These changes are
reflected in the report
in the new firms charg-
ing up the ranks and the
old firms disappearing
through acquisition, in
the hiring and promo-
tion patterns, in the
movement toward and
away from certain niches
and client segments, in
the growth and decline
of parts of the country,
and so on and on.
While the changes
in rankings and the new
names on the lists are often the ones
that get the most attention, the myriad
other details may, in the end, give more
valuable insight into the profession.
That said, were always excited to
add new T100 Firms, like Ohios Sko-
da Minotti, New Yorks Prager Metis
International and Texas Montgomery
Coscia Greilich, and the many new
Regional Leaders youll find starting on
page 20. And were always anxious to
consider new firms for both lists, so if
your firm wasnt represented and you
think it should be, e-mail us at AcTo-
day@SourceMedia.com, and well put
you on our contact list.
For now, though, lets focus on the
2014 Top 100 Firms/Regional Leaders,
for which we received responses from
over 200 of the biggest and best firms
in the nation.
As a reminder, heres a quick tuto-
rial on our T100 guidelines:
Unless otherwise noted, revenue
is net revenue.
Also, unless noted,
firm revenues and offices
are for the U.S. only.
The Total Employ-
ees category is comprised
of partners, professionals
and other personnel.
Where two firms
reported equal revenue,
the firm with the high-
er percentage of revenue
increase will receive the
higher ranking.
MAS stands for
management advisory
services, or consulting.
Of course, a report this mam moth
is a team effort, and wouldnt be possi-
ble without the hard work of our man-
aging editor Tamika Cody, our senior
editors Danielle Lee and Roger Russell,
and Mike Cohn, editor of our Web portal
AccountingToday.com.
With that, its our pleasure to pres-
ent the 2014 class of the Top 100 Tax and
Accounting Firms and Regional Lead-
ers. As always enjoy!
Dan Hood
Editor-in-chief
Tiring, not tiresome
CONTENTS
Top 100 Overview 4
Top 100 Databank 5
Firms to Watch 6
Firm Strategies 8
Top Tax Firms 10
Niche Services 12
Client Categories 13
Top 100 Rankings 15
Regional Leaders 20
Firm Highlights 28
SPONSORED BY:
notes and methodology
overview
4
T
hings are looking pretty good for
this years Top 100 Firms and Re-
gional Leaders.
There we said it. Things are
looking pretty good. Not perfect, but pretty
good. They face some issues, sure (well get
into those later), but for the most part, and
by most of the measures we include in this
report, things are looking up, and moving
in the right direction.
First off, this year marks the third
year of positive overall growth for the
T100 since the miserable low points
of 2009 and 2010, when their revenues
actually shrank. That growth has been
relatively consistent around the 8 per-
cent mark (this years is 7.81 percent),
and has also been relatively evenly
distributed among the three tiers into
which we divide the Top 100.
And thats where we find the first
of the statistics that make us think that
maybe things are just a little bit better
than OK. In the top tier of the Top 100,
we still have the six firms with revenues
of over $1 billion. But in the second tier,
of firms with between $100 million and
$1 billion, we have 25 firms three
more than last year. (See Databank,
page 5.) Yes, mergers and acquisitions
and inflation played a role in growing that
number, but so did the natural expansion
of strong firms. And while that only left
69 firms for the third tier with less than
$100 million, our Firms to Watch list of up-
and-comers who are hovering just below
the Top 100 matched last years record 35
members, even as we continued to leave
out those that were eligible by revenue, but
didnt show growth in 2013. (See Firms to
Watch, page 6.)
Theres more: While roughly the same
number of T100 Firms reported flat or
declining revenues for this years report
as for last years (10 in 2013, versus 11 in
2012), the number that grew by more than
20 percent jumped to 10, from six the year
before, and the number that grew by more
than 10 percent was a whopping 37, versus
27 in the prior year.
Among our Regional Leaders, too,
there were higher rates of growth, with
three regions posting double-digit per-
centage gains, against none in our report
last year. At the same time, though, we
should note that there was at least one
outlier on the other side, with growth that
slowed in 2013 though it didnt decline.
(See Regional Leaders, page 20.)
Thats the kind of thing we mean when
we say pretty good a fair number of
trends look positive, and then, just when
youre starting to feel a little too positive,
another, less happy trend will come along
and bring you back to earth.
Last year, it was the difficulty of scrap-
ing out growth in a highly competitive
environment. And while our T100 and
Regional Leader firms are still pursuing
growth in all sorts of niches and with all
sorts of clients (see Niches and Clients, page
10), the main trend thats keeping T100
Firm leaders up at night this year is the
War for Talent the intense difficulty
many are experiencing in finding and re-
taining qualified staff.
While its true that the number of
T100 Firms reporting flat or declining staff
numbers was down to 14, from 19 last
year, thats likely only because firms
have been stepping up their efforts
hiring recruiting directors, offering
hiring incentives, developing learn-
ing and training offerings, and gen-
erally going way out of their way to
get and keep the staff theyll need
to succeed going forward. (See Firm
Strategies,page 8.)
MOVERS AND SHAKERS
While there were no major shake-ups
on the lines of the CohnReznick merger
in the T100 list this year, there were lots
of small moves, and M&A definitely
played its role.
Long-time Top 100 fixtures Al-
pern Rosenthal and Holtz Rubenstein
Reminick both left the list, merging
into BDO USA and Baker Tilly Virchow
Krause, respectively. Many other firms got
a boost from M&A this year, including Con-
necticuts BlumShapiro, which jumped 11
spots on the list, and Ohios Hill, Barth &
King, which jumped a whopping 22 spots.
Only Pennsylvanias Reinsel Kuntz Lesher
managed a double-digit move, up 11 posi-
tions from last year.
Thats not counting the spectacular
entrance of Ohio-based Skoda Minotti to
the Top 100 at No. 80, with the highest
growth rate of any firm on the list (and,
its worth noting, a much higher growth
rate than any firm on last years list). Also
Third times the charm?
B Y DANI E L HOOD
10
08 12 02 04 06 2000
-5
0
5
10
15
20
25
30
94 96 98
* Compiled from individual firm results
as reported at years end; includes some estimates
Cautiously optimistic
Revenue growth of the Top 100 Firms, in percent*
See OVERVIEW on 6
databank
5
Leaders in A&A
Ranked by revenue
Rev. share Fee
Top 6 firms ($ mn) split
1. PwC 41 4,526.81
2. Deloitte 31 4,307.14
3. Ernst & Young 37 3,367.00
4. KPMG 37 2,271.80
5. McGladrey 42 570.86
6. Grant Thornton 42 547.19

Firms over $100 mn
1. BDO 60 409.80
2. CohnReznick 52 264.16
3. CliftonLarsonAllen 41 231.06
4. BKD 49 205.02
5. Crowe Horwath 28 186.09
Firms under $100 mn
1. OConnor Davies 65 64.68
2. Marks Paneth* 63 61.74
3. Kearney & Co. 72 55.90
4. Novogradac & Co. 59 54.56
5. Friedman 60 43.50
Leaders in Tax
Ranked by revenue
Rev. share Fee
Top 6 firms ($ mn) split
1. PwC 28 3,091.48
2. Ernst & Young 30 2,730.00
3. Deloitte 18 2,500.92
4. KPMG 27 1,657.80
5. McGladrey 36 491.37
6. Grant Thornton 29 377.82

Firms over $100 mn
1. BDO 30 204.90
2. CliftonLarsonAllen 34 191.61
3. CohnReznick 33 167.64
4. CBIZ /MHM* 35 167.48
5. Moss Adams 38 153.14
Firms under $100 mn
1. Holthouse Carlin & Van Trigt 76 66.06
2. Anchin, Block & Anchin 43 39.99
3. Frank, Rimerman + Co.* 62 38.50
4. MBAF CPAs 44 36.74
5. WithumSmith+Brown 37 35.88
Leaders in MAS
Ranked by revenue
Rev. share Fee
Top 6 firms ($ mn) split
1. Deloitte 46 6,391.24
2. PwC 31 3,422.71
3. Ernst & Young 26 2,366.00
4. KPMG 36 2,210.40
5. Grant Thornton 29 377.82
6. McGladrey 21 289.61

Firms over $100 mn
1. Crowe Horwath 35 232.62
2. CBIZ /MHM* 35 167.48
3. Plante Moran 33 135.74
4. Baker Tilly Virchow Krause 30 90.39
5. Dixon Hughes Goodman 29 89.90
Firms under $100 mn
1. Sikich 51 49.47
2. Horne 45 30.32
3. Watkins Meegan 56 27.44
4. SC&H Group Inc. 40 23.04
5. Kearney & Co. 28 21.74
2014 TOP 100 FIRMS DATABANK
Overview
Top 6 % Firms over % Firms under % Total Top %
firms chg. $100 mn chg. $100 mn chg. 100 Firms chg.
Revenue (in $mn) $42,844.42 7.90 $7,267.92 6.77 $3,821.78 8.88 $53,934.12 7.81
Partners 11,127 2.78 4,077 4.19 2,221 3.25 17,425 3.17
Professionals 128,367 6.41 26,865 13.60 14,694 8.48 169,926 7.52
Total employees 168,788 5.25 37,667 6.52 20,796 7.05 227,251 5.47

Rev. share % Rev. share % Rev. share % Rev. share %
Fee split (in $mn) of rev. (in $mn) of rev. (in $mn) of rev. (in $mn) of rev.
Audit & Attest $15,593.91 36.40 $3,122.96 42.97 $1,454.30 38.05 $20,171.17 37.40
Tax $10,849.99 25.32 $2,399.36 33.01 $1,281.11 33.52 $14,530.46 26.94
MAS (consulting) $15,055.15 35.14 $1,387.06 19.08 $503.67 13.18 $16,945.88 31.42
Other $1,345.37 3.14 $358.54 4.93 $582.70 15.25 $2,286.61 4.24
Notes: Some figures may not correspond due to rounding.
Pacesetters in growth
Ranked by % chg.
Revenue %
Firms over $100 mn. ($mn) chg.
1. Carr, Riggs & Ingram 161.31 44.89
2. Marcum 350.10 27.08
3. Plante Moran 411.32 24.27
4. Moss Adams 403.00 17.15
5. Baker Tilly Virchow Krause 301.30 16.33
Revenue %
Firms under $100 mn. ($mn) chg.
1. Skoda Minotti & Co. 40.01 43.25
2. Hill, Barth & King 49.30 39.27
3. BlumShapiro 61.30 28.24
4. Sikich 97.00 26.96
5. The Bonadio Group* 66.29 22.31
Revenue %
Overall Top 100 Firms ($mn) chg.
1. Carr, Riggs & Ingram 161.31 44.89
2. Skoda Minotti & Co. 40.01 43.25
3. Hill, Barth & King 49.30 39.27
4. BlumShapiro 61.30 28.24
5. Marcum 350.10 27.08
6. Sikich 97.00 26.96
7.Plante Moran 411.32 24.27
8. The Bonadio Group* 66.29 22.31
9. Reinsel Kuntz Lesher 45.21 21.83
10. Frazier & Deeter 53.00 20.18
11. Whitley Penn 58.71 19.84
12. OConnor Davies 99.50 18.88
13. Kaufman Rossin Group 63.20 18.57
14. Holthouse Carlin & Van Trigt 86.92 17.24
15. Moss Adams 403.00 17.15
16. Clark, Schaefer, Hackett 52.33 16.73
17. Doeren Mayhew 53.20 16.67
18. Prager Metis 35.99 16.59
19. Honkamp Krueger & Co. 43.70 16.47
20. Baker Tilly Virchow Krause 301.30 16.33
21. Montgomery Coscia Greilich 33.54 16.14
22. Rehmann 104.00 15.04
23. Citrin Cooperman & Co. 143.00 14.40
24. Frank, Rimerman + Co.* 62.10 13.99
25. SS&G 90.00 13.92
26. Weaver 83.40 13.32
27. Armanino 112.84 13.11
28. Kahn, Litwin, Renza & Co. 35.32 12.84
29. Marks Paneth* 98.00 12.64
30. Postlethwaithe & Netterville 47.07 12.47
Notes: * Firm estimate or projection
All Big Four revenue figures are gross, not net.
For more details, see pages 15-18.
overview
6
graduating from last years Firms to Watch
list to join the T100 this year was New York-
based Prager Metis International, while
the third new T100 Firm this year, Texas
Montgomery Coscia Greilich, was one that
hadnt previously been part of our survey.
A number of firms joined our Re-
gional Leaders list in the same way this
year, from Virginias PBMares and Wash-
ington, D.C.s Tate & Tryon, to Atlanta-
based Windham Brannon, the Mid-Atlan-
tics Perelson Weiner and Untracht & Early,
St. Louis Mueller Prost, Houstons Melton
& Melton, Oregons Perkins & Co., and
Californias NSBN.
If you think your firm should be one of
our Top 100 Firms or our Regional Leaders,
drop us an e-mail at AcToday@SourceMe-
dia.com, and well add you to our contact
database.
After all, things are starting to look
pretty good out there for accounting firms.
If you can keep finding ways to grow and
the staff to support that growth next year
should be even better.
There, we said it. AT
OVERVIEW
from page 4
BEYOND THE TOP 100: FIRMS TO WATCH
Our Firms to Watch list is all about movement: New firms are constantly moving in, and others are moving up. In fact, the tier of firms with between
roughly $20 and $30 million seems to be growing apace, forming a deep and wide pool of strong candidates for joining the Top 100, either as members
in their own right, like this years FTW graduates Prager Metis International and Skoda Minotti, or by acquisition into a T100 Firm, as with last years
merger of former FTW Gainer Donnelly into Southeast mega-regional Carr, Riggs & Ingram.
Year Revenue % Total
Firm Headquarters Managing partner end ($ mn.) chg. Offices Partners employees
Yeo & Yeo Saginaw, Mich. Thomas Hollerback Dec 31.98 14.62 8 17 185
Rea & Associates New Philadelphia, Ohio Lee Beall Oct 31.56 1.48 11 23 204
Wolf & Co. Boston Mark OConnell Sept 31.49 7.25 3 19 189
Brown Smith Wallace St. Louis Harvey Wallace Dec 31.00 6.16 3 23 210
Clark Nuber Bellevue, Wash. David Katri Dec 30.96 6.14 1 18 168
Padgett, Stratemann & Co. San Antonio John Wright July 30.07 3.01 2 17 179
Bennett Thrasher Atlanta Michael Dukes June 29.88 14.18 1 23 151
Kreischer Miller Horsham, Pa. Stephen Christian Dec 29.50 10.78 1 16 183
PBMares Newport News, Va. Alan Witt Dec 28.92 1.44 8 34 177
Gursey | Schneider Los Angeles Stephan Wasserman Dec 28.20 6.82 3 10 129
RBZ Los Angeles John Schweisberger Dec 28.00 13.27 1 14 136
Baker Newman & Noyes Portland, Maine Eleanor Baker Dec 27.70 NC 4 30 182
Lurie Besikof Lapidus & Co. Minneapolis Beth Kieffer Leonard April 27.30 5.00 1 14 125
Brady, Martz & Associates Grand Forks, N.D. Ronald Johnke Sept 27.10 2.92 5 33 172
Somerset CPAs Indianapolis Pat Early Dec 26.82 9.42 1 26 163
REDW Albuquerque, N.M. Ron Rivera Dec 26.45 33.52 2 17 181
Briggs & Veselka Co. Houston John Flatowicz Sept 26.17 18.42 2 19 194
Jackson Thornton & Co. Montgomery, Ala. Ned Sheffield Dec 26.15 6.69 6 22 176
Anders St. Louis Robert Minkler Dec 25.79 0.62 1 20 155
Anderson ZurMuehlen Helena, Mont. Donald Laine Sept 25.57 2.77 7 27 204
Hutchinson and Bloodgood Glendale, Calif. Richard Preciado Sept 25.43 15.59 4 33 115
Brown, Edwards & Co. Bluefield, W.Va. Domenic Pellillo May 25.42 2.01 7 25 182
Feeley & Driscoll Boston T. Feeley / M. Poirier March 24.22 3.02 1 12 103
Lutz & Co. Omaha, Neb. Gary Witt June 23.90 16.59 1 26 132
Wolf & Co. Oakbrook Terrace, Ill. Russell Romanelli Dec 23.35 7.55 2 13 146
Boulay Minneapolis Mark DeNucci May 23.18 7.56 1 30 138
Green Hasson Janks Los Angeles Leon Janks Dec 23.10 5.00 1 13 116
Johnson Lambert* Falls Church, Va. Deborah Lambert Dec 22.68 5.93 8 13 149
Dean Dorton Allen Ford Lexington, Ky. David Bundy June 22.12 1.79 2 33 150
Mize Houser & Co. Topeka, Kansas NA Dec 21.92 1.34 3 21 208
ORBA Chicago Mark Thomson May 21.80 5.31 1 17 109
Gelman, Rosenberg & Freedman Bethesda, Md. NA Dec 21.60 3.85 1 12 94
PKF Texas Houston Kenneth Guidry Dec 21.55 5.53 1 10 108
Windham Brannon Atlanta David Kloess Sept 21.46 10.73 1 14 139
Keiter Glen Allen, Va. L. Michael Gracik Dec 21.43 3.28 1 12 143
* Firm estimate NC No change NA Not available or not applicable Accounting Today estimate
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8
firm strategies
T
he Top 100 Firms are all over the
map, in many ways. Literally, to
start, they span the country, to
say nothing of a wide range of
industry niches, management models,
growth strategies, and cultures. But no
matter their size, whether they offer exotic
advisory services or the plainest of vanilla
audits and tax work, and regardless of their
stance on value pricing, they do all share
one common binding thread: Theyre
freaking out about finding qualified staff.
The war for talent is back on, warned
Armanino LLP managing partner Andy Ar-
manino. We are seeing more and more
competition from outside our profession
and we need to plan accordingly. We also
know that change is a constant in todays
world. Merger mania is real. New compa-
nies are being launched. New information
is coming at us faster than we can compre-
hend. We need, more than ever before, a
workforce that can engage with and adapt
to this new reality. Hiring and retaining the
best and brightest talent is the new com-
petitive advantage.
Qualified professionals are being
sought after by a number of good firms,
said Louis Grassi, managing partner and
chief executive officer of New York-based
Grassi & Co. As such, typical efforts of
recruiting, including the utilization of re-
cruiters, have become less effective in find-
ing experienced, quality professionals. Be-
sides establishing a supportive culture and
a healthy work-life balance, Grassis firm
has put in palce a very robust employee
referral program that accounted for more
than 50 percent of new hires in 2013.
Firms across the country are employ-
ing a wide range of strategies to attract and
retain qualified staff and some firms
are going so far as to hire people solely to
manage them. California-based Gallina,
for instance, hired its first-ever director of
recruitment and development last year,
with responsibility for multiple new initia-
tives, according to MP Larry Taylor.
At Kentuckys Mountjoy Chilton Med-
ley, MP Diane Medley said, We are very
focused on our talent. We are starting a
formal leadership development program
this year, selecting our rising stars with
the most potential for equity partnership
to participate. We also actively engage our
Next Generation Committee in critical is-
sues to help us consider growth, attraction
and retention for the future.
Recruitment and retention can bene-
fit enormously from a less-frequently cited
R recognition. National firm McGladrey
made a point of highlighting its top tal-
ent in a series of videos on its Web site as
part of its Personalities Wanted recruit-
ing campaign (the messaging for which
was embedded in all of its social media),
and has seen the results. Thats not its only
personnel-related investment, of course,
and merely making the investments is
not enough. Investing in recruitment,
professional development and work-life
programs is essential, said national pub-
lic relations director Terri Andrews. We
are continuously re-assessing practice
and processes to create the best possible
experience for our current and potential
employees. And our people tell us were
focused on the right things. They did that
through the McGladrey People Survey,
which assesses a broad range of employee
engagement and satisfaction measures.
Several firms highlighted efforts at
building up their staff with educational and
career development offerings, with some
developing their own internal institutions
of higher learning: BKD CEO Ted Dickman
pointed to his firms BKD University, a vir-
tual on-demand learning and leadership
development platform that landed the firm
on Training magazines Training Top 125
list, while Sikich LLP CEO and MP James
Sikich touted the investment made in his
firms Sikich University, an internal learn-
ing and development program that trains
staff in technical and soft skills.
For its part, Big Four firm KPMG went
to the source. The need for highly skilled
talent is a top priority, said chair and CEO
John Veihmeyer. In addition making a stra-
tegic priority of diversity, We work close-
ly with universities, our main workforce
pipeline, to promote learning and skillsets
our professionals need, and emphasize the
importance of global and diverse perspec-
tives and technological savvy.
At Louisianas Postlethwaite & Netter-
ville, meanwhile, CEO (and current Ameri-
can Institute of CPAs chair) William Balhoff
noted the firms increased focus on leader-
ship development and soft skills training
at all levels but also highlighted its busi-
ness development training curriculum.
After all, hiring and keeping a great
staff only makes sense if you can bring in
work for them do.
GETTING COMPETITIVE
Accounting firms are operating in a highly
competitive environment, noted Weiser-
Mazars chair and managing partner Doug-
las Phillips. Besides the pressures around
staffing, Firms are under continuing fee
pressure from clients, which intensifies
market competition.
Hanging out the help wanted sign
B Y DANI E L HOOD
See STRATEGIES on 10
Our people
tell us were
focused on the
right things.
CONGRATULATIONS
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All Rights Reserved.
Armanino is alive to these concerns.
The dynamics of our profession require
constant change. Our products and serv-
ices need to keep pace with those of our
clients. Providing traditional accounting
services will only prove ineffectual. Whats
needed is a best-of-breed approach to tak-
ing on current and future tax and account-
ing challenges if were to succeed and our
clients are to prosper. While well always
need to maintain our core competencies,
there should be no lack of acceleration in
our ability to integrate cutting-edge solu-
tions strategic and technological into
our products and services offerings. The
long-term viability of our firm relies on it.
Other firms are aiming to stay on the
cutting-edge though not always specifi-
cally through technology. Wayne Berson,
CEO of BDO USA, is concerned about
enhancing the value of the audit: It is
clear that in order for the professions core
element to remain relevant, there will have
to be an expansion of the auditors role in
providing greater insight into the clients
financial statements and perhaps varying
degrees of assurance on areas outside of
the financial statements. This will affect
firms of all size by requiring substantially
more business and analytical skills and
may also result in a demand for more spe-
cialists to be involved in audits.
Big Four firm KPMG is engaged in a
similar pursuit of the new and improved.
We continue to focus on innovation and
the enhancement of our offerings and ca-
pabilities for specific industries and growth
areas, said chairman and CEO John Veih-
meyer. Were also continuing to build out
our alliance ecosystem to help create new
services, enhance existing services and
extend the KPMG brand promise to meet
the needs of clients in new ways. Last year
the firm rolled out a number of alliance-
based offerings created in conjunction
with various partners to offer clients more
focused services and solutions.
Crowe Horwath, meanwhile, took in-
novation even one step further by nam-
ing its own chief innovation officer. We
are most focused on, and are investing
in, innovation as a driver of growth where
we can bring together functional exper-
tise, industry knowledge, along with proc-
ess and technology to provide high-value
solutions, explained CEO Charles Allen.
Many of these solutions will be focused in
broader assurance services that the inves-
tor community and stakeholders in public
interest entities are requesting. AT
10
top tax firms
THE TOP TAX FIRMS
Rev. %
from tax from Total % Total
Firm Headquarters Chief executive ($mn) tax revenue chg. Offices staff
PwC New York City Robert Moritz 3,091.48 28 11,041.00 8.70 72 39,158
H&R Block
P1
Kansas City, Mo. William Cobb 2,877.97 99 2,905.94 0.42 11,000+ 100,000+
Ernst & Young New York City Steve Howe 2,730.00 30 9,100.00 10.98 80 30,900
Deloitte New York City Joe Echevarria 2,500.92 18 13,894.00 6.33 104 60,951
KPMG New York City John Veihmeyer 1,657.80 27 6,140.00 6.73 90 24,618
McGladrey
2
Chicago Joe Adams 491.37 36 1,366.59 6.26 75 6,723
Ryan* Dallas G. Brint Ryan 390.37 100 390.37 10.59 59 1,711
Liberty Tax Services Virginia Beach, Va. John Hewitt 381.20 100 381.20 6.15 4,262 798
Grant Thornton Chicago Stephen Chipman 377.82 29 1,302.83 4.61 56 6,438
BDO Chicago Wayne Berson 204.90 30 683.00 10.52 49 3,248
CliftonLarsonAllen Minneapolis Gordy Viere 191.61 34 563.55 -0.78 29 3,660
CohnReznick New York City T. Marino / K. Baggett 167.64 33 508.00 4.10 24 2,521
CBIZ /Mayer Hoffman McCann* Cleveland C. Spurio / B. Hancock 167.48 35 478.50 -22.20 100 2,862
Moss Adams Seattle Chris Schmidt 153.14 38 403.00 17.15 22 2,072
Crowe Horwath Chicago Charles Allen 146.22 22 664.62 11.68 28 3,006
WTAS San Francisco Mark Vorsatz 145.09 100 145.09 13.44 16 621
BKD Springfield, Mo. Theodore Dickman 129.70 31 418.40 4.00 32 2,013
Marcum New York City Jeffrey Weiner 126.04 36 350.10 27.08 17 1,300
Dixon Hughes Goodman Charlotte, N.C. Ken Hughes 108.50 35 310.00 1.97 26 1,661
Plante Moran Southfield, Mich. Gordon Krater 106.94 26 411.32 24.27 19 1,947
Notes: P Figures compiled from public company reports. * Firm estimate or projection NA Not available/applicable
Gross revenue 1 Staff figures include seasonal workers 2 Reported fee split as both dollar amount (given here) and percentage
STRATEGIES
from page 8
12
I
nternational tax remained the highest
growing niche service this year for the
2014 Top 100 Firms, increasing 6 per-
centage points over 2013 reports, ac-
cording to this years 77 responding firms.
State and local taxes grew 7 percent-
age points to be the second-most common
area of growth and bringing it even, at 82
percent, with business valuations, which
similarly expanded 8 percentage points in
2014. Rounding out the top four again this
year was attest services, growing 2 percent-
age points to 75 percent.
Leading the pack in year-over-year
growth, unsurprisingly, was mergers and
acquisition, which saw an 11-point uptick
in 2014, with 70 percent of firms reporting
increased business.
Below that, many services saw double-
digit increases in firms reporting growth;
most notably, SOX compliance/risk man-
agement saw a list-high rise of 16 percent-
age points to bring it to 53 percent. Tech-
nology consulting and personal financial
planning also had strong 2014 gains of 12
and 11 percentage points, respectively.
ON THE GROUND
Doug Wright, partner-in-charge of inter-
national tax and transfer pricing services
at California-based firm Burr Pilger Mayer,
attributes the continued growth in inter-
national tax services to an unusual conflu-
ence of economic recovery, globalization,
and the tax and regulatory issues of about
a dozen years ago that brought the niche
to prominence.
Basically, its navigating the perfect
storm, he said. Weve had a lot of changes
in the way in which not just the U.S. but
foreign countries monitor and scrutinize
international business transactions from a
tax perspective. The kind of international
tax and accounting standards that the U.S.
has applied for some time now have been
adopted increasingly by countries outside
the U.S.
Along with the tightening accounting
standards that followed corporate scandals
like Enron, these regulatory concerns have
led companies to take more initiative in
their overseas business, Wright explained.
Theres a kind of heightened sense of cor-
porate responsibility were seeing, where
companies want to make sure theyre do-
ing things in the appropriate way and are
not going to be attacked by the IRS or
foreign taxing authorities or are not viewed
as unethical. We frequently see situations
where, before companies engage us to do
a major global project, they talk to other
companies that have done it. Not to get a
referral on us, but to talk to other compa-
nies. They didnt do similar planning in
the past, so [they want] to understand how
that planning was ultimately viewed by the
IRS and foreign tax authorities.
This kind of due diligence tends to
be pre-emptive, Wright continued. They
dont want to see their names in the news-
paper as caught up in substantial litigation
in the U.S. and outside the U.S. Corporate
executives have a heightened awareness
that they need to do things properly, and
do them upfront. ... Companies [used to]
just expand internationally and deal with
some of these issues after the fact the
International tax work in demand
B Y DANI E L L E L E E
0 20 40 60 80 100
International Tax
Business Valuations
State and Local Taxes
Attest Services
Litigation Support
Estate/Trust/Gift Tax Planning
Industry Specializations
Mergers and Acquisitions
Forensics/Fraud
Nonproft Organizations
Employee Benefts
Biz Mgmt. for Wealthy Individuals
Succession Planning/Family ofce
Retirement Plans
SOX Compliance/Risk Mgmt.
Strategic Planning/Business Plans
Technology Consulting
Cost Segregation
Personal Financial Planning
Biz Mgmt. for Small Businesses
Investment Advice/Services
CFO/Project Stafng Services
Cash Flow Forecasting/Management
Financing Arrangements
Bankruptcy/Insolvency
Employment Search
Export/Import
1031 Like-Kind
IFRS consulting
Business Recovery/Recession Advice
Payroll Services/Consulting
Lease vs. Buy Analysis
Top niche services
Percentage of firms increasing their business in these areas
(of 77 firms responding)
niches and clients
13
cart leading the horse. Now theres much
more awareness and sensitivity, tax and
otherwise. At our firm, we have a phe-
nomenal amount of new international tax
planning and consulting work and new
clients coming our way, including very
early-stage companies as they expand.
When Wright joined BPM more than
five years ago, he was the firms first and
only full-time international tax special-
ist, and while he has grown that practice
to the largest in the firm for the last three
years, the now roughly 12 full-time tax
professionals in the practice cant keep up
with all the new work. He estimates that
his group can only serve half of the op-
portunities that come their way, but shares
that finding experienced specialists in the
extremely complex area of international
tax is exceedingly difficult.
Atlanta firm Habif, Arogeti & Wynne
has been doing international work of all
sorts, particularly with their manufactur-
ing and technology clients, since the early
1990s, and now has roughly 70 people in
that service line who speak 26 different
languages among them.
Though HA&W is also a member firm
of global accountancy and business ad-
visory network Baker Tilly International,
chief executive officer Richard Kopelman
credits most of the firms growth in this
niche to the inbound, grass-roots effort
with the people from those countries.
International tax aligns with our
manufacturing and technology niche and
dovetails really well, he explained. We do
as much business inbound as outbound.
ADDING VALUE
Nearly all of the client categories for this
years Top 100 Firms displayed strong
growth this year, with manufacturing lead-
ing the list at 82 percent, a 9 percentage
point gain over last year.
Manufacturing overtook 2013s lead-
er, midsized businesses in general, by only
one percentage point. Midsized businesses
saw a modest 4 percentage point increase
this year though real estate, ranked behind
it, recorded a big 12 percentage point rise
to bring it to 77 percent.
Only two other categories on the list
surpassed that gain this year: construction,
which increased 14 percentage points to
66 percent of responding firms, and, much
farther down the list, small businesses,
which at 44 percent also recorded a 14
percent increase over last year.
Central Pennsylvania-based Rein-
sel Kuntz Leshers location gives it an
advantage in this market, according to
Steve Fisher, a partner in the firms audit
services group and leader of the manu-
facturing and distribution services group.
In the past ten to 20 years, companies
were leaving that were not as involved in
manufacturing, but some of that is com-
ing back now with longstanding compa-
nies in manufacturing in that region, he
explained. And a lot of them arent in
manufacturing, but in bringing good over-
seas and distribution channels. There are
a lot of opportunities.
RKL has capitalized on them, Fisher
continued, by evaluating specific client
needs. One thing weve done in the past
year is a focus group with financial folks,
owners, consultants that touch consum-
ers in the manufacturing and distribution
area. We said, What do you need, what
are your expectations of people provid-
ing tax and audit services? And whether
we can do it and align with them to help
fulfill their needs, and bring value. When
you hand them a financial statement or tax
return, it looks the same no matter who did
it. Were responding, communicating, and
trying to educate folks and arm them to do
these things and help across the market.
We go through the proposals and differen-
tiate ourselves. AT
niches and clients
0 20 40 60 80 100
Manufacturing
Midsized Businesses
Real Estate
Technology
Individuals
Construction
Healthcare Facilities
Nonproft Organizations
Professional Services
Wholesale Distributors
Large Businesses
Pension Plans
State and Local Government
Hotels & Restaurants
Small Businesses
Retail Trade
Banking & Thrift Companies
Entertainment
Brokers/Dealers in Securities & Commodities
Colleges and Universities
Investment Companies & Mutual Funds
Auto Dealerships
Government Contractors
Franchising
Finance Companies/Mortgage Banks
School Districts
Publishing/Broadcasting/Media
Insurance Carriers/Companies
Insurance Agents & Brokers
Gaming
Agriculture/Farming/Forestry/Fishing
Leasing Companies
Top client categories
Percentage of firms increasing their business with these types of clients
(of 77 firms responding)
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FIRM CLIENTS
THE 2014 TOP 100 FIRMS

RANK REVENUE PERSONNEL FEE SPLIT
Year $ % Off- Part- % Profes- % Total % (in percent)
14 13 Firm Headquarters Chief executive end mn. chg. ices ners chg. sionals chg. emps. chg. A&A Tax MAS Other
1 1 Deloitte New York City Joe Echevarria May 13,894.00 6.33 104 3,039 3.05 47,050 8.68 60,951 7.26 31 18 46 5
2 2 PwC New York City Robert Moritz June 11,041.00 8.70 72 2,581 4.32 30,508 7.10 39,158 6.34 41 28 31 0
3 3 Ernst & Young New York City Steve Howe June 9,100.00 10.98 80 2,600 4.00 23,200 5.45 30,900 4.39 37 30 26 7
4 4 KPMG
1
New York City John Veihmeyer Sept 6,140.00 6.73 90 1,767 -0.45 18,131 1.81 24,618 0.96 37 27 36 0
5 5 McGladrey Chicago Joe Adams April 1,366.59 6.26 75 617 -0.32 4,810 4.86 6,723 3.02 42 36 21 1
6 6 Grant Thornton Chicago Stephen Chipman Dec 1,302.83 4.61 56 523 2.75 4,668 4.64 6,438 3.60 42 29 29 0
7 7 BDO Chicago Wayne Berson June 683.00 10.52 49 305 14.23 2,339 21.89 3,248 17.21 60 30 10 0
8 9 Crowe Horwath Chicago Charles Allen Dec 664.62 11.68 28 255 -2.67 2,244 20.65 3,006 15.48 28 22 35 15
9 10 CliftonLarsonAllen
2
Minneapolis Gordy Viere Dec 563.55 -0.78 29 233 -5.28 3,112 30.70 3,660 13.56 41 34 9 16
10 11 CohnReznick New York City Thomas Marino / Jan 508.00 4.10 24 274 -2.14 1,716 14.94 2,521 8.95 52 33 6 9
Kenneth Baggett
11 8 CBIZ /Mayer Hoffman McCann*
3
Cleveland Chris Spurio / Dec 478.50 -22.20 100 426 2.65 1,676 -3.40 2,862 -28.63 30 35 35 0
Bill Hancock
12 12 BKD Springfield, Mo. Theodore Dickman May 418.40 4.00 32 237 -3.27 1,381 8.83 2,013 5.67 49 31 20 0
13 14 Plante Moran Southfield, Mich. Gordon Krater June 411.32 24.27 19 256 18.52 1,317 24.72 1,947 21.69 41 26 33 0
14 13 Moss Adams Seattle Chris Schmidt Dec 403.00 17.15 22 263 9.58 1,340 16.22 2,072 16.93 45 38 17 0
15 16 Marcum New York City Jeffrey Weiner Dec 350.10 27.08 17 160 26.98 844 47.04 1,300 43.81 45 36 7 12
16 15 Dixon Hughes Goodman Charlotte, N.C. Ken Hughes Dec 310.00 1.97 26 178 2.89 1,129 1.35 1,661 1.65 36 35 29 0
17 17 Baker Tilly Virchow Krause Chicago Timothy Christen May 301.30 16.33 11 112 17.89 1,323 12.50 1,569 12.96 38 30 30 2
18 18 EisnerAmper New York City Charles Weinstein Jan 276.90 7.79 9 177 2.31 976 5.29 1,185 3.58 56 35 9 0
19 19 Rothstein Kass Roseland, N.J. Steven Kass / Dec 202.00 6.88 8 76 -1.30 780 -2.74 1,002 -1.18 60 35 5 0
Howard Altman
20 20 UHY Advisors Inc.
4
Chicago Rick Stein / Dec 192.87 2.48 15 104 -1.89 716 19.73 1,009 10.03 31 45 23 1
Anthony Frabotta
21 22 Eide Bailly Fargo, N.D. Dave Stende April 170.50 7.77 22 101 10.99 942 6.80 1,311 6.59 43 40 9 8
22 23 Wipfli* Milwaukee Rick Dreher May 162.50 7.12 22 142 -4.05 893 14.93 1,227 9.75 34 29 37 0
23 28 Carr, Riggs & Ingram Enterprise, Ala. William Carr Sept 161.31 44.89 20 125 25.00 657 37.74 924 29.41 43 39 18 0
24 21 ParenteBeard Philadelphia Robert Ciaruffoli Dec 158.00 -6.51 18 116 -12.12 544 -13.65 861 -11.96 53 31 16 0
25 25 Citrin Cooperman & Co. New York City Joel Cooperman Dec 143.00 14.40 5 120 13.21 302 3.78 503 8.41 47 37 8 8
Key and notes: Last years rankings have been revised based on 2012 revenue provided by firms. Some firms rankings will therefore differ from those reported last year.
* Firm estimate or projection Accounting Today estimate Gross revenue NC No change NA Not available/applicable NR Not ranked
1 KPMGs office figure comprises business offices, as opposed to every physical location. 2 Figures reflect sale of health care regulatory and compliance group 3 Estimate based on trailing 12
months to Sept. 30, 2013; figures reflect the sale of the medical practice management practice. Office figures are for CBIZ; MHM has 33 offices. 4 UHY Advisors and UHY LLP are affiliated through an
alternative practice structure.
RANK REVENUE PERSONNEL FEE SPLIT
Year $ % Off- Part- % Profes- % Total % (in percent)
14 13 Firm Headquarters Chief executive end mn. chg. ices ners chg. sionals chg. emps. chg. A&A Tax MAS Other
26 24 WeiserMazars New York City Douglas Phillips Aug 142.40 7.72 6 104 -0.95 393 -2.24 625 -1.42 47 39 14 0
27 26 Cherry Bekaert Richmond, Va. Howard Kies April 125.90 1.86 22 55 1.85 559 4.29 778 2.37 44 47 9 0
28 27 Warren Averett Birmingham, Ala. James Cunningham Dec 122.91 6.91 14 121 0.83 509 0.79 812 -0.12 39 41 5 15
29 29 Armanino San Ramon, Calif. Andy Armanino Dec 112.84 13.11 5 37 -9.76 301 11.07 394 12.57 21 26 49 4
30 32 Rehmann Saginaw, Mich. Steven Kelly Dec 104.00 15.04 20 61 8.93 538 9.80 779 10.50 36 36 4 24
31 30 Berdon New York City Mark Bosswick / Dec 101.00 3.91 2 39 NC 334 0.91 398 1.02 33 40 27 0
Stuart Kotler
32 36 OConnor Davies New York City Kevin Keane Dec 99.50 18.88 7 82 7.89 340 18.88 501 16.78 65 21 14 0
33 34 Marks Paneth*
5
New York City Mark Levenfus / Dec 98.00 12.64 3 64 NC 390 21.12 539 13.47 63 27 3 7
Harry Moeringer
34 39 Sikich Naperville, Ill. James Sikich Dec 97.00 26.96 11 61 22.00 431 33.02 579 27.81 30 15 51 4
35 33 WithumSmith+Brown Princeton, N.J. William Hagaman June 96.98 9.31 12 77 -6.10 258 -1.15 431 1.41 37 37 2 24
36 31 Anchin, Block & Anchin New York City Frank Schettino Sept 93.00 NC 1 56 7.69 215 4.88 354 5.04 44 43 13 0
37 35 Novogradac & Co. San Francisco Michael Novogradac Dec 92.48 10.03 15 35 6.06 311 -0.96 408 0.25 59 27 2 12
38 42 SS&G Cleveland Robert Littman Dec 90.00 13.92 12 42 27.27 437 13.51 531 15.43 33 38 11 18
39 40 Holthouse Carlin & Van Trigt W. Los Angeles, Calif. Philip Holthouse Dec 86.92 17.24 8 36 16.13 263 20.64 362 17.15 18 76 0 6
40 37 MBAF CPAs Miami Antonio Argiz June 83.50 4.38 9 22 NC 336 6.33 419 5.01 35 44 15 6
41 41 Weaver Fort Worth, Texas Tommy Lawler May 83.40 13.32 7 36 NC 354 12.38 471 10.82 34 43 12 11
42 38 Kearney & Co. Alexandria, Va. Ed Kearney Dec 77.64 -2.82 2 13 NC 287 3.61 401 2.04 72 0 28 0
43 45 Friedman New York City Bruce Madnick Dec 72.50 8.21 6 57 7.55 244 12.96 349 10.44 60 35 5 0
44 47 Lattimore, Black, Morgan & Cain Brentwood, Tenn. David Morgan / Dec 70.91 9.06 3 46 9.52 287 16.19 409 13.30 24 34 14 28
R.M. Cain
45 49 EKS&H
6
Denver Robert Hottman Sept 70.46 11.19 3 38 2.70 308 6.94 427 4.66 45 42 13 0
46 44 Schenck Appleton, Wis. Greg Barber Sept 69.89 1.50 9 60 5.26 323 0.94 479 1.70 38 38 18 6
47 43 Burr Pilger Mayer Inc. San Francisco Curtis Burr Dec 68.50 -0.87 6 40 -20.00 225 -4.26 330 -11.29 38 50 12 0
48 46 RubinBrown St. Louis John Herber May 68.15 2.96 3 27 -3.57 366 10.24 448 7.95 46 38 16 0
49 48 Horne Ridgeland, Miss. Joey Havens Dec 67.37 6.06 12 20 -9.09 338 13.04 465 11.78 34 11 45 10
50 55 The Bonadio Group* Pittsford, N.Y. Thomas Bonadio April 66.29 22.31 11 61 27.08 352 39.68 470 33.14 48 21 13 18
Key and notes: Last years rankings have been revised based on 2012 revenue provided by firms. Some firms rankings will therefore differ from those reported last year.
* Firm estimate or projection Accounting Today estimate Gross revenue NC No change NA Not available/applicable NR Not ranked
5 Changed its named from Marks Paneth & Shron. 6 Changed its named from Ehrhardt Keefe Steiner & Hottman.




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member-driven accounting association | www.cpamerica.org
| ph: 352-727-4070 | fax: 352-727-4031
KEEP CLIMBING
CPAMERICA INTERNATIONAL HELPS YOUR FIRM
CPAmerica International association
members are independent CPA frms
that beneft from practice management
support, continuing education and the
sharing of best practices to grow.
S
ince our Regional Leaders both repre-
sent a broader range of firms in terms of
size, and bring with them the particular
economic conditions of their geographic
regions, the trends here tend to be less clear than
among our Top 100 Firms.
One anti-trend that weve noticed is the lack
of correlation between the size of a region in terms
of its overall firm revenues, and its growth rate.
The Mid-Atlantic Regional Leaders, for instance,
have combined revenues almost twice as large
as the Great Lakes Regional Leaders but an
average growth rate thats around half, while the
Southwest has revenues that are slightly less than
those of the Capitol Region, but is growing five
times as fast. Local economic conditions make all
the difference, of course, but the point that size is
not everything is worth making.
Unless, of course, youre talking about the
size of our lists for each region. Weve been grow-
ing them steadily over the past few years, and are
happy to report a large number of new additions
this year, many of which are highlighted in the
introductions to their individual regions.
If your firm should be on one of our Regional
Leaders lists, send us an e-mail at AcToday@
SourceMedia.com, and well include you in next
years survey. AT
regional overview
Regions see uneven growth
20
THE 2014 REGIONAL LEADERS
Top Firms: Capital Region
Delaware, Maryland, Virginia, Washington, D.C., and West Virginia
Revenue: $562.57 million; up 2.06%
While the Capital Region displayed the weakest revenue growth among the regions in 2013, it did display
major growth in another way: the number of firms represented. This years list includes a number of strong
new players, like Virginias PBMares, West Virginias Arnett Foster Toothman, and Washington, D.C.s Tate &
Tryon.
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
Kearney & Co. Alexandria, Va. 77.64 -2.82 2 13 287 401 72 0 28 0
SC&H Group Inc. Sparks, Md. 57.60 6.27 3 21 217 282 17 43 40 0
Watkins Meegan Bethesda, Md. 49.00 1.45 4 15 196 224 22 22 56 0
Aronson Rockville, Md. 49.00 1.01 1 31 154 224 43 33 22 2
Raffa Washington, D.C. 36.92 3.71 2 18 192 243 53 15 32 0
PBMares Newport News, Va. 28.92 1.44 8 34 105 177 40 43 9 8
Cotton & Co. Alexandria, Va. 25.66 -1.04 1 10 138 155 44 0 16 40
Brown, Edwards & Co.

Bluefield, W.Va. 25.42 2.01 7 25 NA 182 NA NA NA NA


Johnson Lambert* Falls Church, Va. 22.68 5.93 8 13 119 149 82 15 3 0
Yount, Hyde & Barbour Winchester, Va. 22.52 -5.70 6 20 84 127 45 41 11 3
Gelman, Rosenberg & Freedman Bethesda, Md. 21.60 3.85 1 12 60 94 76 23 1 0
Keiter Glen Allen, Va. 21.43 3.28 1 12 104 143 26 62 4 8
Arnett Foster Toothman Charleston, W.Va. 19.61 2.83 6 23 86 136 47 28 25 0
Ellin & Tucker Chartered Baltimore 19.33 -5.15 4 11 77 114 38 38 16 8
Tate & Tryon Washington, D.C. 18.60 5.50 1 11 90 110 69 7 24 0
Calibre CPA Group Bethesda, Md. 18.30 23.40 3 15 107 143 81 8 0 11
Gross Mendelsohn Baltimore 16.74 10.20 1 15 69 103 49 30 21 0
Smith Elliott Kearns & Co. Hagerstown, Md. 16.60 1.22 5 20 97 142 48 30 17 5
KatzAbosch Timonium, Md. 15.00 NC 3 21 42 83 37 55 8 0
Notes: * Firm estimate or projection NC No change NA Not available/applicable
REGIONS
The Capital Region 20
The Southeast 21
New England 21
The Mid-Atlantic 22
The Great Lakes 24
The Gulf Coast 24
The Midwest 25
The Mountain States 26
The Southwest 26
The West 27
21
regional leaders
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
Dixon Hughes Goodman Charlotte, N.C. 310.00 1.97 26 178 1,129 1,661 36 35 29 0
Cherry Bekaert Richmond, Va. 125.90 1.86 22 55 559 778 44 47 9 0
Lattimore, Black, Morgan & Cain Brentwood, Tenn. 70.91 9.06 3 46 287 409 24 34 14 28
Habif, Arogeti & Wynne Atlanta 64.28 6.62 1 26 232 305 45 39 8 8
Elliott Davis Greenville, S.C. 64.10 5.05 8 51 265 392 47 35 14 4
Frazier & Deeter Atlanta 53.00 20.18 4 11 158 201 32 40 0 28
Mauldin & Jenkins Atlanta 38.80 0.78 5 34 125 198 59 30 2 9
Mountjoy Chilton Medley Louisville, Ky. 38.31 1.00 5 37 171 246 40 36 9 15
Joseph Decosimo & Co. Chattanooga, Tenn. 38.20 5.50 8 29 177 265 47 39 7 7
Bennett Thrasher Atlanta 29.88 14.18 1 23 104 151 27 57 7 9
Dean Dorton Allen Ford Lexington, Ky. 22.12 1.79 2 33 90 150 33 42 25 0
Windham Brannon Atlanta 21.46 10.73 1 14 100 139 39 59 2 0
WebsterRogers Florence, S.C. 17.50 6.97 9 24 91 138 42 46 4 8
Top Firms: Southeast
Arkansas, Georgia, Kentucky, North Carolina, South Carolina and Tennessee
Revenue: $894.46 million; up 4.70%
Growth moderated in the Southeast in 2013, coming in a few percentage points lower
than in 2012, but that didnt stop individual firms from posting some strong results, like
Atlantas Frazier & Deeter, or new Regional Leader Windham Brannon.
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
BlumShapiro West Hartford, Ct. 61.30 28.24 4 30 251 341 56 32 1 11
BerryDunn Portland, Maine 43.12 7.40 5 18 154 204 47 18 28 7
Kahn, Litwin, Renza & Co. Providence, R.I. 35.32 12.84 3 11 153 195 30 35 35 0
Wolf & Co. Boston 31.49 7.25 3 19 142 189 50 21 0 29
Baker Newman & Noyes Portland, Maine 27.70 NC 4 30 121 182 48 40 12 0
Feeley & Driscoll Boston 24.22 3.02 1 12 66 103 61 29 10 0
DiCicco, Gulman & Co. Woburn, Mass. 18.00 5.88 2 14 65 97 42 43 15 0
Alexander, Aronson, Finning

Westborough, Mass. 17.69 2.49 5 18 NA NA NA NA NA NA


Whittlesey & Hadley Hartford, Ct. 15.70 7.53 1 15 83 105 60 20 20 0
Gray, Gray & Gray Westwood, Mass. 13.80 2.22 3 8 64 86 45 35 20 0
Edelstein & Co. Boston 13.60 18.26 1 9 45 64 21 54 0 25
Macdonald Page & Co. South Portland, Maine 13.00 4.42 3 21 75 112 42 31 13 14
OConnor & Drew Braintree, Mass. 12.00 20.00 2 15 60 87 81 17 0 2
Melanson Heath & Co. Nashua, N.H. 10.48 2.64 5 9 66 88 74 22 2 2
Meyers Brothers Kalicka Holyoke, Mass. 10.40 6.12 1 7 40 59 47 39 4 10
DiSanto Priest & Co. Warwick, R.I. 9.59 4.35 1 8 37 57 39 55 6 0
Gallagher Flynn & Co. South Burlington, Vt. 9.20 -3.16 2 10 NA 75 NA NA NA NA
Notes: * Firm estimate or projection Accounting Today estimate NA Not available/applicable
Top Firms: New England
Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont
Revenue: $366.61 million, up 9.49%
After a lackluster 2012, things picked up significantly for the region in 2013. M&A played a major part, with firms of all
sizes getting into local and regional hookups, and large firms like Connecticuts BlumShapiro and Rhode Islands Kahn,
Litwin, Renza & Co. leading the way. Going forward, it will reshape the list in other ways, following the January 2014
merger of Massachusetts Regional Leader Braver PC into Top 100 Firm Marcum LLP.
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
CohnReznick New York City 508.00 4.10 24 274 1,716 2,521 52 33 6 9
Marcum New York City 350.10 27.08 17 160 844 1,300 45 36 7 12
EisnerAmper New York City 276.90 7.79 9 177 976 1,185 56 35 9 0
Rothstein Kass Roseland, N.J. 202.00 6.88 8 76 780 1,002 60 35 5 0
ParenteBeard Philadelphia 158.00 -6.51 18 116 544 861 53 31 16 0
Citrin Cooperman & Co. New York City 143.00 14.40 5 120 302 503 47 37 8 8
WeiserMazars New York City 142.40 7.72 6 104 393 625 47 39 14 0
Berdon New York City 101.00 3.91 2 39 334 398 33 40 27 0
OConnor Davies New York City 99.50 18.88 7 82 340 501 65 21 14 0
Marks Paneth* New York City 98.00 12.64 3 64 390 539 63 27 3 7
WithumSmith+Brown Princeton, N.J. 96.98 9.31 12 77 258 431 37 37 2 24
Anchin, Block & Anchin New York City 93.00 NC 1 56 215 354 44 43 13 0
Friedman New York City 72.50 8.21 6 57 244 349 60 35 5 0
The Bonadio Group* Pittsford, N.Y. 66.29 22.31 11 61 352 470 48 21 13 18
Schneider Downs Pittsburgh 57.56 4.07 2 36 284 354 45 35 20 0
Reinsel Kuntz Lesher Lancaster, Pa. 45.21 21.83 4 39 228 300 33 35 10 22
Freed Maxick CPAs* Buffalo, N.Y. 41.50 9.64 4 35 203 283 36 37 27 0
Raich Ende Malter & Co. New York City 41.00 7.89 5 33 120 191 40 60 0 0
Grassi & Co.* New York City 40.95 5.00 2 23 136 197 48 41 9 2
Margolin, Winer & Evens Garden City, N.Y. 40.00 2.56 2 25 167 207 60 30 10 0
Rosen Seymour Shapss Martin & Co. New York City 40.00 -18.37 3 24 106 165 46 46 8 0
Prager Metis International New York City 35.99 16.59 7 30 129 199 30 45 25 0
Wiss & Co. Livingston, N.J. 33.00 3.77 4 28 114 172 56 32 0 12
Kreischer Miller Horsham, Pa. 29.50 10.78 1 16 137 183 46 36 11 7
Perelson Weiner New York City 19.50 NA 1 8 45 70 40 50 10 0
Janover Garden City, N.Y. 19.44 NA 2 13 78 108 30 62 5 3
Untracht Early* Florham Park, N.J. 19.00 5.44 3 8 79 102 29 64 4 3
Gettry Marcus CPA Woodbury, N.Y. 17.00 3.03 2 16 47 81 48 35 0 17
Buchbinder Tunick & Co. New York City 16.00 NC 2 18 53 90 50 25 15 10
Notes: * Firm estimate or projection NC No change NA Not available/applicable
Top Firms: Mid-Atlantic
New Jersey, New York and Pennsylvania
Revenue: $2,903.32 million; up 8.31%
The Mid-Atlantic continues to post generally strong results, helped by the strength of many of the industries its firms
serve, particularly in the financial services and financial institutions areas. It also remains a seedbed for new and grow-
ing firms, like new Top 100 entry Prager Metis International, and new Regional Leaders Perelson Weiner, Janover, Un-
tracht Early and Buchbinder Tunick.
22
regional leaders
Where the growth is, Pt. 1
Average firm growth rate, in percent by region
Mid-
Atlantic
Great
Lakes
West Midwest Capital
Region
Southeast Gulf
Coast
Southwest New
England
Mountain
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regional leaders
24
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
Plante Moran Southfield, Mich. 411.32 24.27 19 256 1,317 1,947 41 26 33 0
Baker Tilly Virchow Krause Chicago 301.30 16.33 11 112 1,323 1,569 38 30 30 2
Rehmann Saginaw, Mich. 104.00 15.04 20 61 538 779 36 36 4 24
Sikich Naperville, Ill. 97.00 26.96 11 61 431 579 30 15 51 4
SS&G Cleveland 90.00 13.92 12 42 437 531 33 38 11 18
Schenck Appleton, Wis. 69.89 1.50 9 60 323 479 38 38 18 6
Blue & Co.

Carmel, Ind. 61.51 1.50 8 41 NA NA NA NA NA NA


Doeren Mayhew Troy, Mich. 53.20 16.67 3 27 158 237 42 33 13 12
Katz, Sapper & Miller Indianapolis 52.83 7.44 3 30 198 276 26 43 24 7
Clark, Schaefer, Hackett & Co. Cincinnati 52.33 16.73 6 27 236 327 51 36 4 9
SVA CPAs Madison, Wis. 50.29 -2.63 5 27 160 373 16 20 14 50
Hill, Barth & King Boardman, Ohio 49.30 39.27 13 36 192 290 20 40 11 29
Cohen & Co. Cleveland 40.98 3.67 7 19 200 263 46 40 2 12
Skoda Minotti & Co. Mayfield Village, Ohio 40.01 43.25 4 23 167 226 23 26 12 39
Kemper CPA Group Greenfield, Ind. 35.48 2.28 22 55 207 298 42 38 20 0
Yeo & Yeo Saginaw, Mich. 31.98 14.62 8 17 134 185 18 23 22 37
Rea & Associates New Philadelphia, Ohio 31.56 1.48 11 23 142 204 46 33 7 14
Somerset CPAs Indianapolis 26.82 9.42 1 26 95 163 38 29 33 0
Wolf & Co. Oakbrook Terrace, Ill. 23.35 7.55 2 13 98 146 51 37 2 10
ORBA Chicago 21.80 5.31 1 17 69 109 35 51 14 0
Top Firms: Great Lakes
Illinois, Indiana, Michigan, Ohio and Wisconsin
Revenue: $1,644.95 million; up 16.58%
The Great Lakes Region goes from strength to strength, following up strong growth in 2011 and 2012 with 2013s top per-
formance among the regions. Double-digit scores at the regions top five firms led the way, but there were high perform-
ers at all levels; particularly notable was Skoda Minottis 43 percent growth, which landed it a spot in the Top 100.
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
Carr, Riggs & Ingram Enterprise, Ala. 161.31 44.89 20 125 657 924 43 39 18 0
Warren Averett Birmingham, Ala. 122.91 6.91 14 121 509 812 39 41 5 15
MBAF CPAs Miami 83.50 4.38 9 22 336 419 35 44 15 6
Horne Ridgeland, Miss. 67.37 6.06 12 20 338 465 34 11 45 10
Kaufman Rossin Group Miami 63.20 18.57 9 43 205 337 25 26 2 47
Postlethwaite & Netterville Baton Rouge, La. 47.07 12.47 10 29 229 311 40 19 29 12
Berkowitz Pollack Brant Miami 44.40 11.81 3 16 135 194 18 41 3 38
Jackson Thornton & Co. Montgomery, Ala. 26.15 6.69 6 22 122 176 35 26 17 22
LaPorte Metairie, La. 21.42 -2.41 4 17 111 162 52 40 8 0
Heard, McElroy & Vestal Shreveport, La. 16.40 6.49 2 12 70 107 40 40 16 4
Barfield, Murphy, Shank & Smith Birmingham, Ala. 16.20 7.28 1 11 71 105 34 33 12 21
Daszkal Bolton* Boca Raton, Fla. 16.00 8.11 3 11 65 103 27 68 1 4
Goldstein Schechter Koch* Coral Gables, Fla. 15.40 -3.02 3 14 65 103 41 44 10 5
The LBA Group Jacksonville, Fla. 14.38 9.35 1 10 67 88 18 54 10 18
Gerson Preston Robinson & Co. Miami Beach, Fla. 13.70 -2.14 3 5 40 59 40 40 20 0
Averett Warmus Durkee Orlando, Fla. 12.40 3.33 3 10 82 102 48 45 7 0
Cross, Fernandez & Riley Orlando, Fla. 12.00 13.64 4 17 55 90 45 50 5 0
Notes: * Firm estimate or projection Accounting Today estimate NA Not available/applicable
Top Firms: Gulf Coast
Alabama, Florida, Louisiana and Mississippi
Revenue: $753.81 million; up 13.86%
The ongoing boom in oil, gas and energy, as well as distance from various man-made and natural disas-
ters, played their part in the Gulf Coasts strong growth, but M&A remains a powerful engine, with the re-
gions leader, Carr, Riggs & Ingram, continuing its aggressive expansion across the Gulf and the Southeast.
9.89%
5.66%
11.03%
5.76%
13.86%
16.58%
8.31%
9.49%
4.70%
2.06%
regional leaders
25
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
BKD Springfield, Mo. 418.40 4.00 32 237 1,381 2,013 49 31 20 0
Eide Bailly Fargo, N.D. 170.50 7.77 22 101 942 1,311 43 40 9 8
Wipfli* Milwaukee 162.50 7.12 22 142 893 1,227 34 29 37 0
RubinBrown St. Louis 68.15 2.96 3 27 366 448 46 38 16 0
Honkamp Krueger & Co. Dubuque, Iowa 43.70 16.47 7 18 150 343 14 18 6 62
Kennedy and Coe Salina, Kansas 33.80 5.96 8 26 134 205 18 53 29 0
Brown Smith Wallace St. Louis 31.00 6.16 3 23 169 210 23 45 32 0
Lurie Besikof Lapidus & Co. Minneapolis 27.30 5.00 1 14 90 125 37 41 17 5
Brady, Martz & Associates Grand Forks, N.D. 27.10 2.92 5 33 103 172 53 38 9 0
Anders St. Louis 25.79 0.62 1 20 112 155 29 41 2 28
Lutz & Co. Omaha, Neb. 23.90 16.59 1 26 87 132 39 34 4 23
Boulay Minneapolis 23.18 7.56 1 30 83 138 38 33 0 29
Mize Houser & Co. Topeka, Kansas 21.92 1.34 3 21 110 208 61 28 11 0
Seim Johnson Omaha, Neb. 15.35 3.58 1 18 53 89 41 30 29 0
Olsen Thielen & Co. St. Paul, Minn. 14.27 6.25 2 13 72 104 40 31 29 0
Mueller Prost St. Louis 12.55 3.80 3 11 69 95 29 38 33 0
Notes: * Firm estimate or projection NC No change NA Not available/applicable
Top Firms: Midwest
Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota
Revenue: $1,130.25 million; up 5.76%
The Midwest repeated its respectable 2012 performance in 2013, but oftentimes, the heavyweights at the top of a region
in this case, BKD set a pace that may mask more-than-respectable performance further down the list. In this case,
Honkamp Krueger and Lutz & Co. both deserve special mention for growth that was well above average.
Where the growth is, Pt. 2
Average firm growth rate, in percent by region
regional leaders
26
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
EKS&H Denver 70.46 11.19 3 38 308 427 45 42 13 0
Hein & Associates Denver 50.71 4.45 4 33 191 266 48 47 4 1
RGL Forensics Denver 37.65 6.06 17 23 124 190 0 0 0 100
Anderson ZurMuehlen Helena, Mont. 25.57 2.77 7 27 128 204 35 38 10 17
GHP Horwath Denver 24.80 -0.40 1 10 82 106 41 26 0 33
Anton Collins Mitchell Denver 16.00 1.91 3 12 69 97 50 40 10 0
Tanner Salt Lake City 14.30 10.85 1 10 54 72 62 23 13 2
Junkermier, Clark,
Campanella, Stevens Great Falls, Mont. 14.20 0.85 7 25 69 120 39 43 7 11
Dalby, Wendland & Co. Grand Junction, Colo. 11.95 3.73 4 16 52 90 25 53 9 13
McGee, Hearne & Paiz Cheyenne, Wyo. 9.73 4.85 2 9 52 70 55 38 7 0
Top Firms: Mountain
Colorado, Idaho, Montana, Utah and Wyoming
Revenue: $275.37 million; up 5.66%
The region seems, in some ways to have turned the corner: It reported its second year in a row of respectable
growth, after a few difficult years. That may explain the interest from Top 100 Firms; Eide Bailly in particular made
a number of acquisitions in the region, particularly in the Salt Lake City area.
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
Weaver Fort Worth, Texas 83.40 13.32 7 36 354 471 34 43 12 11
Whitley Penn Fort Worth, Texas 58.71 19.84 5 38 206 294 43 43 0 14
Montgomery Coscia Greilich Plano, Texas 33.54 16.14 2 16 203 231 28 41 24 7
Padgett, Stratemann & Co. San Antonio 30.07 3.01 2 17 127 179 51 37 12 0
REDW Albuquerque, N.M. 26.45 33.52 2 17 129 181 52 24 10 14
Briggs & Veselka Co. Houston 26.17 18.42 2 19 151 194 41 50 8 1
PKF Texas Houston 21.55 5.53 1 10 85 108 50 46 4 0
Cain Watters & Associates Plano, Texas 20.80 9.30 1 7 55 108 10 15 0 75
BeachFleischman* Tuscon, Ariz. 20.30 23.78 2 25 81 140 27 57 2 14
Johnson Miller & Co. CPAs Odessa, Texas 19.54 8.68 3 14 76 103 30 50 7 13
PMB Helin Donovan Austin, Texas 19.00 13.77 8 28 88 136 55 45 0 0
Lane Gorman Trubitt Dallas 19.00 4.97 1 15 62 92 57 37 0 6
Henry & Horne Tempe, Ariz. 18.50 5.71 3 14 70 102 33 58 9 0
Maxwell Locke & Ritter Austin, Texas 18.34 9.69 2 21 61 92 38 41 0 21
TravisWolff Dallas 18.30 -0.54 1 8 76 104 32 54 14 0
Melton & Melton Houston 17.90 7.70 1 14 79 103 50 50 0 0
Brown, Graham & Co.* Amarillo, Texas 12.87 4.04 7 23 61 113 35 50 5 10
Hartman, Leito & Bolt Fort Worth, Texas 11.00 -7.95 1 10 47 69 45 46 8 1
MaloneBailey Houston 8.97 -22.20 2 5 31 41 98 2 0 0
Notes: * Firm estimate or projection NC No change NA Not available/applicable
Top Firms: Southwest
Arizona, New Mexico, Oklahoma and Texas
Revenue: $484.41 million; up 11.03%
As with the Gulf Coast, booming revenues from oil and gas no doubt played a part in the
Southwests strong performance this year (the third best of the regions), with many of the
largest firms recording growth in energy and related services. Were also happy to note a
number of new Regional Leaders, including Planos Montgomery Coscia Greilich (which also
joined the T100), Houstons Melton & Melton, and Amarillos Brown, Graham & Co.
27
regional leaders
Rev. % Profess- Total Fee split
Firm Headquarters $ mn. chg. Offices Partners ionals emps. A&A Tax MAS Other
Moss Adams Seattle 403.00 17.15 22 263 1,340 2,072 45 38 17 0
Armanino San Ramon, Calif. 112.84 13.11 5 37 301 394 21 26 49 4
Novogradac & Co. San Francisco 92.48 10.03 15 35 311 408 59 27 2 12
Holthouse Carlin & Van Trigt W. Los Angeles, Calif. 86.92 17.24 8 36 263 362 18 76 0 6
Burr Pilger Mayer Inc. San Francisco 68.50 -0.87 6 40 225 330 38 50 12 0
Frank, Rimerman + Co.* Palo Alto, Calif. 61.20 12.33 5 21 229 267 27 62 11 0
Nigro Karlin Segal Feldstein & Bolno Los Angeles 56.08 11.67 2 21 262 314 17 17 2 64
Squar Milner Newport Beach, Calif. 45.30 2.95 4 22 171 229 40 53 0 7
SingerLewak Los Angeles 38.50 -0.80 6 33 NA NA NA NA NA NA
AKT CPAs Salem, Ore. 38.24 10.39 6 15 176 235 28 33 11 28
Miller Kaplan Arase North Hollywood, Calif. 38.00 2.70 5 24 117 175 58 17 17 8
Gallina Roseville, Calif. 36.39 5.05 9 26 155 226 45 52 3 0
Seiler Redwood City, Calif. 36.10 5.87 2 11 116 152 10 75 0 15
Macias Gini & OConnell Sacramento, Calif. 33.40 -7.73 9 10 164 258 63 12 7 18
Vavrinek Trine Day & Co.

Rancho Cucamonga, Calif. 32.31 1.99 7 33 NA 200 NA NA NA NA


Clark Nuber Bellevue, Wash. 30.96 6.14 1 18 119 168 49 48 0 3
Gursey | Schneider Los Angeles 28.20 6.82 3 10 85 129 0 30 0 70
RBZ Los Angeles 28.00 13.27 1 14 89 136 17 52 17 14
Hutchinson and Bloodgood Glendale, Calif. 25.43 15.59 4 33 58 115 38 46 16 0
Windes Inc. Long Beach, Calif. 23.61 -2.15 3 16 76 121 44 46 4 6
Green Hasson Janks Los Angeles 23.10 5.00 1 13 88 116 32 33 13 22
Hemming Morse San Francisco 20.69 8.27 7 13 76 96 33 0 0 67
Perkins & Co.* Portland, Ore. 20.17 10.34 2 19 87 132 27 40 24 9
Matson & Isom Chico, Calif. 17.68 4.00 4 21 81 128 41 46 5 8
Gumbiner Savett Santa Monica, Calif. 17.28 6.01 1 10 80 110 40 50 8 2
Peterson Sullivan Seattle 16.46 4.57 1 13 84 97 52 47 1 0
Sensiba San Filippo Pleasanton, Calif. 16.20 5.88 4 14 61 103 NA NA NA NA
NSBN* Beverly Hills, Calif. 15.00 11.11 1 13 53 74 35 49 5 11
Notes: * Firm estimate or projection Accounting Today estimate NA Not available/applicable
Top Firms: West
California, Nevada, Oregon and Washington
Revenue: $1,462.04 million; up 9.89%
Growth is spread a little more evenly among the firms in the West this year, with strong rates at the top firms, but equally
good performances scattered up and down the range. While some of the other regions saw re-arrangements and even
shortenings of their rosters due to mergers and acquisitions, firm combinations didnt change the list for the West much
at all. In fact, the list itself grew a little longer, with the addition of new Regional Leaders Perkins & Co., in Portland, Ore.,
Peterson Sullivan, in Seattle, and NSBN, in Beverly Hills.
Where the money is
Combined 2013 revenues, in millions of dollars by region
Mid-
Atlantic
Great
Lakes
West Midwest Capital
Region
Southeast Gulf
Coast
Southwest New
England
Mountain
0
500
1000
1500
2000
2500
3000
28
AKT CPAs: Acquired firm with a dental
professional practice.
Anchin, Block & Anchin: In February
2013, lost $50 million judgment to author Pa-
tricia Cornwell over financial management.
Armanino: In January 2013, rebranded
from Armanino McKenna. Launched business
intelligence dashboard for private schools,
and Dynamic Insights BI tool. Acquired Dy-
namics VAR Rose Business Solutions.
Aronson: Organized two new service
groups: IT audit, and wealth management
consulting for choosing and assessing advi-
sor performance.
Baker Tilly Virchow Krause: In June 2013,
acquired New York-based Top 100 Firm Holtz
Rubenstein Reminick. Named an Accounting
Today 2013 Best Firm to Work For.
BDO: In June 2013, acquired Alaska-based
Mikunda Cottrell and Minneapolis-based
Moquist Thorvilson Kaufmann, and brought
on members of banking practice of T100
Firm ParenteBeard. In August, expanded in
San Antonio by adding some partners and
staff from TravisWolff. In December, acquired
Pittsburgh T100 Firm Alpern Rosenthal.
Berdon: Joined TIAG alliance. Expanded
use of CRM system, and instituted Best Place
to Work Committee to propose community,
social and charitable initiatives for the firm.
In November 2013, merged with Northport,
N.Y.-based Beck & Co.
Berkowitz Pollack Brant: Expanded stra-
tegic planning task force to include up and
comers. Began celebrating its 35th anniver-
sary. Named an Accounting Today 2013 Best
Firm to Work For.
BerryDunn: Grew revenue by over 7 per-
cent, and overall staff by over 10 percent.
BKD: In 2013, marked its 90th anniver-
sary. Opened offices in Des Moines, Iowa,
and Nashville, Tenn. In September, acquired
Pittsburgh-based Malin Bergquist.
Blue & Co.: All figures are Accounting To-
day estimates.
BlumShapiro: Merged with Newton,
Mass.-based Friedman, Suvalle & Salomon.
Added a dedicated hospitality group.
The Bonadio Group: In April 2013, merged
in Rutland, Vt.-based Independent Audit As-
sociates. In September, merged in Buffalo,
N.Y.-based Gaines Kriner Elliott. In Novem-
ber, merged in Albany, N.Y.-based Stulmaker,
Kohn & Richardson. Named an Accounting
Today 2013 Best Firm to Work For.
Burr Pilger Mayer Inc.: In January 2013,
named new CEO. In November, opened new
office in Napa Valley.
Carr, Riggs & Ingram: In January 2013,
merged in Atlanta-based Peterson, Coleman
& Marett. In July merged with North Caro-
lina-based accounting firm Pittard, Perry &
Crone Inc. In August, merged in Atlanta-
based Laney, Boteler & Killinger. In Septem-
ber, merged in Texas Regional Leader Gainer
Donnelly.
CBIZ /Mayer Hoffman McCann: In No-
vember 2013, acquired Denver-based Knight
Field Fabry. In January 2013, named Chris
Spurio president of CBIZ Financial Services.
In February, announced acquisition of Tam-
pa Bay, Fla.-based Lewis, Birch & Ricardo.
Cherry Bekaert: In January 2013, re-
branded from Cherry Bekaert & Holland.
Formed benefits consulting group; expanded
international tax team and advisory services.
Citrin Cooperman & Co.: In November
2013, merged in Leon M. Reimer & Co.
Clark, Schaefer, Hackett & Co.: Marked its
75th anniversary. Having active discussions
on acquisitions.
CliftonLarsonAllen: Sold health care reg-
ulatory and compliance group.
Cohen & Co.: Divested nearly $10 mil-
lion in business during the year that was not
meeting growth and profitability expecta-
tions. Implemented a second tier of owner-
ship. Named an Accounting Today 2013 Best
Firm to Work For.
CohnReznick: Named first national direc-
firm highlights
2014 firm highlights
tor of governmental affairs. Relocated offices
in Chicago, Los Angeles, and Austin, Texas.
Crowe Horwath: In August 2013, acquired
a majority interest in Missouri-based Chan
Healthcare. Integrated staff and acquired in-
tellectual property of ExtOrg. In November,
named its first chief innovation officer.
Deloitte: in January 2014, acquired sub-
stantially all of the business of strategy con-
sulting firm the Monitor Group. In June, ac-
quired investment bank McColl Partners. In
July acquired SAP consulting firm Quattro
Integration Group. In September, acquired
TMA Construction Consultants. In October,
acquired substantially all of the assets of digi-
tal and social media agency Banyan Branch.
In October, agreed to pay $2 million to settle
charges with the PCAOB for violating Sar-
banes-Oxley Act and PCAOB rules. In No-
vember, launched CloudMix, a preconfigured
mixture of cloud applications from different
vendors for clients.
Dixon Hughes Goodman: In June 2013,
added Crossfire Advisory to its national health
care practice.
Doeren Mayhew: Grew revenue over 16
percent. Fastest growing specialty service
international tax. Fastest growing client
category manufacturing.
Eide Bailly: In May 2013, installed new
CEO. In June and August, merged in two Salt
Lake City CPA firms, Lake, Hill & Myers and
Hansen, Barnett & Maxwell. In November
2013, acquired Denver NetSuite solutions pro-
vider Next Business Systems. In December,
launched private insurance exchange.
EisnerAmper: Had an outstanding year.
Added several new services, including CFO
outsourcing, human capital, cloud technol-
ogy, and family office services.
EKS&H: Rebranded from Ehrhardt Keefe
Steiner & Hottman. Saw revenue growth of
over 11 percent.
Elliott Davis: In April, merged in Raleigh,
N.C.-based Lunsford & Strickland. Relocated
office from Galax, Va., to Richmond. Hired a
corporate strategies officer.
Ernst & Young: In March, paid $123 million
to resolve a federal tax shelter investigation.
29
In June, launched EYTaxSpace Powered by
Thomson Reuters for corporate tax clients.
In August, donated its archives going back to
the early 1900s to Case Western Reserve Uni-
versity. In December, agreed to pay investors
$99 million to settle litigation over Lehman
Brothers audit, and acquired the U.S. tax
preparation and court accounting outsourc-
ing businesses of Thomson Reuters.
Frank, Rimerman + Co.: Saw revenue
growth of over 12 percent.
Frazier & Deeter: Saw revenue growth of
over 20 percent.
Freed Maxick: Saw revenue growth of over
9 percent. Fastest growing specialty service
health care. Fastest growing client cat-
egory consulting.
Friedman: Saw revenue growth of over
8 percent. Fastest growing specialty service
international tax. Fastest growing client
category real estate. Named an Accounting
Today 2013 Best Firm to Work For.
Gallina: Expanded service lines, including
international tax; state and local tax; and es-
tate, trust, retirement and succession services.
Hired a director of recruitment and develop-
ment. Joined TIAG alliance. In February 2014,
acquired Mercer Island, Wash.-based Tuef-
fers, Guckian & Gamon.
Grant Thornton: Redesigned external
Web site. Hired a chief people and culture
officer. In September 2013, acquired Oracle
Solutions business unit MarketSphere. In No-
vember, extended tenure of current CEO.
Grassi & Co.: In May 2013, added in David
C. Sobel CPA and his staff. In December,
launched Grassi Technology Consultants.
Habif, Arogeti & Wynne: In May, merged
in boutique tax consulting firm JRZ. Launched
efforts to define, refine and embrace the
firms culture.
Hein & Associates: Expanded cloud solu-
tions service line. Saw staff growth of over 11
percent.
Hill, Barth & King: Launched HbK Corpo-
rate Finance division. Created new Web site
and YouTube channel. In November 2013,
merged in Lawrenceville, N.J.-based Bartolo-
mei Pucciarelli CPAs.
Holthouse Carlin & Van Trigt: Saw sig-
nificant growth in M&A, private equity, pro-
fessional services, international tax, and en-
tertainment practices. Launched a business
development training program.
Honkamp Krueger & Co.: In August,
merged in Madison, Wis.-based The Brem-
ser Group. In October, opened practice in
Davenport, Iowa. Added medical practice
consulting and talent outsourcing to its ser-
vices list.
Horne: Saw overall staff growth of over 11
percent. Named an Accounting Today 2013
Best Firm to Work For.
Joseph Decosimo & Co.: In March 2013,
acquired Huntsville, Ala.-based cost account-
ing and federal compliance solutions group
Solvability. In December, merged in Larry
Hyatt & Associates.
Kahn, Litwin, Renza & Co.: In January
2013, merged with Waltham, Mass.-based Fay
& Associates. In May, opened KLR Emerging
Business Center to offer co-working office
space to start-ups.
Katz, Sapper & Miller: Saw revenue
growth of over 7 percent, and overall staff
growth of over 9 percent.
Kaufman Rossin Group: Saw revenue
growth of over 18 percent. Named the No.
1 Accounting Today 2013 Best Firm to Work
For in the Large Firm Category for the third
year in a row.
Kearney & Co.: Saw staff growth of over
2 percent.
Kemper: Fastest growing service area
investment advisory services.
Kennedy and Coe: Installed new CEO.
KPMG: Completed acquisition of Ora-
cle ERP practice of The Hackett Group.
Launched alliance-based offering in indirect
tax with Thomson Reuters. In May 2013,
agreed with Fannie Mae to pay $153 million
to settle class-action suit over Fannie Mae
audit. In July, launched market alliance with
cloud-based procurement solution provider
Coupa Software. In September, Denver office
achieved LEED-CI certification. In Decem-
ber, announced plans to acquire analytical
applications company Link Analytics. In Jan-
uary 2014, agreed to pay $8.2 million to settle
SEC charges over auditor independence.
Lattimore, Black, Morgan & Cain: Re-
ported organic growth of over 9 percent
across all service lines. Added a health care
consulting company.
Macias Gini & OConnell: Saw overall staff
growth of over 7 percent.
Marcum: In January 2013, merged in
Massachusetts-based Parent, McLaughlin &
Nangle. In April, merged in Cornerstone Ac-
counting Group. In July, merged in Irvine,
Calif.-based WilsonMorgan. In January 2014,
merged in three units of New England Re-
gional Leader Braver.
Margolin, Winer & Evens: Saw revenue
growth of over 2 percent.
Marks Paneth: Rebranded from Marks
Paneth & Shron. In February 2013, merged
in New York City-based Rosenberg, Neuwirth
& Kuchner.
Mauldin & Jenkins: In June, acquired Ten-
nessee-based Hazlett, Lewis & Bieter.
MBAF CPAs: Worked to achieve greater
consolidation of the Northeast Region op-
erations with the rest of the firm. Enhanced
cross-utilization of staff and skills among
various regions. Designed and implemented
cost controls.
McGladrey: In August, launched a strat-
egy to serve middle-market companies. Late
in 2013, acquired Wilmington, N.C.-Lanier,
Whaley, Craft & Co., and Houston-based
Margolis, Phipps & Wright.
Miller Kaplan Arase: Appointed a new
managing partner. Expanded Seattle office.
Saw significant growth in business manage-
ment and entertainment group.
Montgomery Coscia Greilich: New to the
list. In March 2013, joined the Alliott Group
alliance. In May, opened new office in Austin,
Texas. In June, launched strategy and man-
agement consulting practice. In September,
marked 10th anniversary.
Moss Adams: Marked its 100th anniver-
sary. Installed new chairman/CEO.
Mountjoy Chilton Medley: Transitioned
in operations of Jeffersonville, Ind.-based
firm. Expanded Cincinnati office. Saw strong
firm highlights
30
increase in regulated industry work, such as
insurance, financial institutions and health
care. In December 2013, launched IT consult-
ing & strategy services.
Nigro Karlin Segal Feldstein & Bolno:
Changed name from Nigro Karlin Segal &
Feldstein. Sold a 24.5 percent minority stake
in the firm to First Republic Bank.
Novogradac & Co.: Saw revenue growth of
over 10 percent.
OConnor Davies: In October, announced
merger with Cranford, N.J.-based Fazio, Man-
nuzza, Roche, Tankel, LaPilusa. In January
2014, merged with New York City-based Mer-
sel, Klein & Co.
ParenteBeard: In January 2013, merged
in Connecticut-based health care manage-
ment consulting firm Presscott Associates. In
November, closed its technology practice. In
February 2014, added team members from
insurance consulting firm Invotex.
Plante Moran: In April 2013, launched
Women in Leadership initiative. In July,
launched a Web site offering ACA guidance.
In November, opened an office in Detroit.
Postlethwaite & Netterville: Implement-
ed a formal shareholder evaluation process,
a formal pipeline process, a business de-
velopment training curriculum, and growth
management software.
Prager Metis International: New to the
list. Formed from January 2013 merger of
Prager & Fenton and Metis Group. Added a
number of new service lines, including SALT,
cost segregation and research tax incentives.
PwC: In July 2013, reshuffled U.S. leader-
ship team. In October, announced plans to
merge in consulting firm Booz & Co.
Raffa: In November 2013, launched Raffa
Nonprofit Fraud Prevention Institute.
Raich Ende Malter: In March 2013, estab-
lished Raich Ende Malter (Cayman).
Rehmann: Saw revenue growth of over 15
percent.
Reinsel Kuntz Lesher: Saw growth in rev-
enue of over 21 percent.
RGL Forensics: Opened an office in San-
tiago, Chile. Introduced registered broker-
dealer, RGL Advisors, to offer M&A transac-
tion advisory services in the U.S.
Rosen Seymour Shapss Martin & Co.:
Fastest growing specialty service large
private equity transactions. Fastest growing
client category private equity companies.
Rothstein Kass: Saw revenue growth of
almost 7 percent.
RubinBrown: Launched national prac-
tices to serve private equity firms and gaming
companies.
SC&H Group Inc.: Joined firm network
Moore Stephens. Fastest growing specialty
service technology consulting. Fastest
growing client category health care.
Schenck: In January 2013, acquired ma-
jority stake in Milwaukee-based Bonfield &
Co. Installed new MP and CFO. Changed
practice management system.
Schneider Downs: Relocated corporate
headquarters within Pittsburgh.
Seiler: Share of revenue derived from tax
increased from 70 to 75 percent.
Sikich: In January 2013, merged in Il-
linois-based supply chain consulting firm
Achieve Consulting. In August, announced
merger with Brookfield, Wis., firm Kolb+Co.
In September, merged in St. Louis-based
ODonnell, Bonebrake & Co. Also merged
in S2 Consulting and PKF Texas Technology.
Added eight services: PR, insurance, lean
back office, business intelligence, SALT, and
international tax. Restructured executive and
compensation committees. Revised partner
compensation plan.
SingerLewak: In January 2013, merged in
San Francisco office of Acquavell, Chiarelli,
Shuster, Berkower & Co.
Skoda Minotti & Co.: New to the list.
In May 2013, merged Skoda Minotti Technol-
ogy Partners with Westlake, Ohio-based Da-
taServ. In June 2013, merged in Tampa, Fla.-
based Dowell & Perez. In August, merged
in Tampa-based national assurance solu-
tions and compliance company Assurance
Concepts.
Squar Milner: Significantly expanding
Los Angeles offices.
SS&G: In May 2013, named new CEO. Saw
revenue growth of almost 14 percent.
SVA CPAs: In June 2013, installed new
CEO. In January 2014, merged in Wisconsin-
based practice of William P. Merrick, CPA.
UHY Advisors Inc.: Saw overall staff
growth of over 10 percent.
Vavrinek Trine Day & Co.: All figures are
Accounting Today estimates.
Warren Averett: In January 2013, merged
in Atlanta-based Gifford, Hillegass & Ingwers-
en, and Tampa, Fla.-based Pender Newkirk.
Rebranded firm with new visual identity.
Developed new and expanded services in
SALT, business valuation, forensic account-
ing and litigation support, health care reform,
economic settlement claims processing, and
alternative investments.
Watkins Meegan: Expanded hospitality
practice and increased government contract-
ing practice. Started health care consulting
practice. Hired business development/mar-
keting director.
Weaver: Saw revenue growth of over 13
percent, and growth in all four of its largest
niches energy, financial services, the pub-
lic sector, and manufacturing. In February
2014, merged in Connecticut-based RIN At-
test and Advisory Services.
WeiserMazars: In November 2013, merged
in New York-based Resnick Druckman Group.
Expanded health care consulting group.
Whitley Penn: Expanded transaction ser-
vices practice and forensic, litigation and
valuation services statewide. Named an Ac-
counting Today 2013 Best Firm to Work For.
Wipfli: Formalized fresh-water industry
services; opened office in Milwaukees Global
Water Center. Launched Wipfli Connect for
Manufacturing software solution. In January
2014, merged in Tinley Park, Ill.-based The
Condon Group and Chicago-based practice
Regulatory Compliance Associates Inc.
Wiss & Co.: More than half of revenues (56
percent) derived from A&A services.
WithumSmith+Brown: Consolidated two
New Jersey offices. Invested in international
tax practice and financial services practice.
Named an Accounting Today 2013 Best Firm
to Work For.
firm highlights

/oout Us Menoer Firns


/dvance to t|e Next Level

PKF NORTH AMERICA 1745 Nort| Brown Poad | Lawrenceville, Ceorgia 30043
telep|one 770 279 45C0 | weosite. www.pkfna.con
2014 PlF Nort| /nerica /ll Pig|ts Peserved
Congratulations
to t|e
Top 100 Firns!
Headquartered in /tlanta, Ceorgia, PlF Nort|
/nerica is an association of 10C accounting and
consulting frns t|roug|out t|e United States and
Canada. PlF Nort| /nerica's nission is to foster
t|e independence, proftaoility and sustained
growt| of nenoers, oy providing support t|at
enpowers t|ose frns to oetter serve growt|
ninded ousinesses. PlF Nort| /nerica provides
its nenoer frns wit| training, and networking
opportunities to s|are expertise and oest practices
in a nunoer of different industries.
T|e independent accounting and consulting
frns of PlF Nort| /nerica understand t|e
conpetitive ousiness clinate and provide access
to critical resources t|at address t|eir clients'
needs. Menoer frns |ave access to specialized
knowledge and expertise t|roug| t|e association
wit| professional education, oest practice
s|aring, narketing and practice developnent.
By collaoorating wit| ot|er nenoers, PlF Nort|
/nerica nenoer frns are nore successful t|an if
t|ey stood alone.
0214-JO10993 2014 The Bureau of National Affairs, Inc.
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