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AUGUST 2013 – IPA 100 INSIDE PUBLIC ACCOUNTING / 1

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2013 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED. 
August 2013
Vol. 27, No. 8

IPA 100 HIGHLIGHTS
Staffing 2
Profitability 2
Highs And Lows 3
Three-Year Trends 3
The Fastest-Growing 5

IPA 100 FIRMS

The Complete Listing
Of The IPA 100 6

IPA 100 HIGHLIGHTS

Profit Indicators 10
IPA 100 By Region 11
Regional Statistics 13
Trends And Analysis 13
Partners And Staff 14
Movers And Shakers 17
New IPA 100 MPs 18
IPA 100 At A Glance 18
IPA 100 Associations 19


COMING NEXT MONTH



















INSIDE PUBLIC ACCOUNTING
A publication of
The Platt Group
insidepublicaccounting.com






It was another good year for the nation’s largest 100 accounting firms,
according to INSIDE Public Accounting’s (IPA) 23
rd
annual report on the
IPA 100. In fact, it appears as if the growth reported last year was no fluke, as
this year represents three consecutive years of growth since the downturn that
lasted through 2010, and carried over to some extent to 2011.


“Vision without execution is hallucination.” – Thomas A. Edison


While organic revenue growth averaged 5.2% versus 5.6% last year, don’t be
fooled by a less robust growth rate. In many ways, firms enjoyed a better year
than the one before. Last year’s uptick followed a dismal 2011, with growth of
1.0%, so the increase in organic revenue this year is noteworthy, given the
higher bar set in 2012.

Twenty-four firms, excluding the Big 4, are reporting $100 million or more in
revenues. With five firms reporting revenues of $90 million and above, we
could see more than 29 firms in the $100 million club within the next few years.

The Big 4 had strong gains, growing $3.5 billion in revenues this year, or
10.5%, for a total of $37.2 billion. Last year’s numbers showed an 8.7%
increase of $2.7 billion after a down year. The current snapshot may indicate
that clients are seeking more services since the
economic downturn.

IPA is pleased to continue its 23-year history of
reporting on the nation’s largest 100 firms. IPA’s
independent rankings and report is among the longest-
running, most accurate and up-to-date report of the
nation’s largest accounting firms. I PA

I PA SPECI AL REPORT
THE 2013 I PA 100
Excerpted  
AUGUST 2013 – IPA 100 INSIDE PUBLIC ACCOUNTING / 2

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2013 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED. 



THE 2013 I PA 100
RANKED BY U.S. NET REVENUE
RANK
’13 ’12 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
1 1 Deloitte LLP

/ New York Joe Echevarria 102 5/12 $13,067,000,000 9.4
2 2 PwC U.S.

/ New York Bob Moritz 72 6/12 $10,157,000,000 15.1
3 3 EY
1
/ New York Steve Howe Jr. 78 6/12 $8,200,000,000 10.2
4 4 KPMG LLP

/ New York John B. Veihmeyer 90 9/12 $5,753,000,000 7.3
5 5 McGladrey LLP/ Chicago Joe Adams 75 4/13 $1,366,586,000 6.3
6 6 Grant Thornton LLP

/ Chicago Stephen Chipman 54 12/12 $1,245,356,000 8.7
7 7 BDO USA LLP

/ Chicago Wayne Berson 49 6/13 $683,000,000 10.5
8 8
CBIZ & Mayer Hoffman McCann PC
2
/
Cleveland / Leawood, Kan.
Dave Sibits
Bill Hancock
133 / 34 12/12 $615,000,000 -0.9
9 9 Crowe Horwath LLP / Chicago Charles M. Allen 28 3/13 $598,969,420 8.3
10 14/18 CliftonLarsonAllen LLP
3
/ Minneapolis Gordon A. Viere 26 12/12 $569,170,000 2.1
11 19/20 CohnReznick LLP
4
/ New York
Ken Baggett
Thomas Marino
25 1/13 $481,755,000 4.4
12 10 BKD LLP / Springfield, Mo. Theodore D. Dickman 31 5/13 $417,934,000 4.0
13 11 Plante Moran

/ Southfield, Mich. Gordon E. Krater 19 6/13 $411,320,000 6.0
14 12 Moss Adams LLP / Seattle Chris Schmidt 23 12/12 $344,000,000 6.5
15 13 Dixon Hughes Goodman LLP / Charlotte, N.C. Ken Hughes 30 5/13 $304,194,000 0.4
16 16 Baker Tilly Virchow Krause LLP / Chicago Timothy Christen 12 6/13 $301,300,000 7.4
17 17 EisnerAmper LLP

/ New York
Howard Cohen
Charles Weinstein
8 1/13 $276,903,000 1.0
18 15 Marcum LLP

/ New York Jeffrey M. Weiner 15 12/12 $275,538,019 0.0
19 22 Rothstein Kass PA / Roseland, N.J.
Howard Altman
Steven Kass
8 12/12 $189,952,884 4.6
20 21 UHY Advisors Inc.
5
/ Chicago
Anthony Frabotta
Rick Stein
15 12/12 $188,302,000 3.3
21 24 Eide Bailly LLP

/ Fargo, N.D. David Stende 21 4/13 $171,226,041 4.4
22 23 ParenteBeard LLC / Philadelphia Robert J. Ciaruffoli 21 12/12 $168,706,792 -0.5
23 25 Wipfli LLP / Milwaukee Rick Dreher 21 5/13 $165,200,000 5.2
24 26 WeiserMazars LLP

/ New York Douglas A. Phillips 8 8/12 $132,211,000 -6.2
25 28 Citrin Cooperman & Co. LLP

/ New York Joel A. Cooperman 5 12/12 $131,600,000 5.1
Key: For ranking purposes, net revenue includes revenue from mergers. Percentage change excludes merger revenue. Revenues for
the Big 4 are U.S.-based only.

Firm reported only net revenue, data not verified against gross.

Gross revenue reported and
percentage growth is based on gross revenue.

Firm provided the same gross and net revenue.
1
Changed name from Ernst & Young
LLP.
2
CBIZ and Mayer Hoffman McCann PC have an alternative practice structure.
3
Reported as separate firms in 2012. Combined
in 2012. The firms had 69 office locations pre-merger; firm is reporting aggregate total offices by OMP leadership.
4
Reported as
separate firms in 2012. Combined in 2012.
5
UHY Advisors and UHY LLP are affiliated through an alternative practice structure.
Source: INSIDE Public Accounting
Copyright ©2013 The Platt Group / INSIDE Public Accounting / (317) 733-1920 / www.insidepublicaccounting.com

AUGUST 2013 – IPA 100 INSIDE PUBLIC ACCOUNTING / 3

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2013 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED. 




THE 2013 I PA 100
RANKED BY U.S. NET REVENUE
RANK
’13 ’12 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
26 27 Cherry Bekaert LLP
6
/ Richmond, Va. Howard Kies 22 4/13 $125,917,266 2.0
27 36 Warren Averett LLC / Birmingham, Ala. James W. Cunningham 15 12/12 $111,602,056 7.1
28 29 Carr Riggs & Ingram LLC

/ Enterprise, Ala. William H. Carr 18 9/12 $111,328,285 4.4
29 35 Armanino LLP
7
/ San Ramon, Calif. Andy Armanino 7 12/12 $99,758,918 15.6
30 30 Berdon LLP

/ New York
Mark G. Bosswick
Stuart B. Kotler
2 12/12 $97,000,000 2.1
31 33 WithumSmith+Brown PC / Princeton, N.J. William R. Hagaman Jr. 14 6/13 $96,784,000 6.9
32 31 Anchin Block & Anchin LLP / New York Frank A. Schettino 1 9/12 $93,000,000 1.1
33 32 Rehmann

/ Saginaw, Mich. Steven D. Kelly 20 12/12 $90,500,000 0.0
34 34 Marks Paneth & Shron LLP / New York
Mark Levenfus
Harold Moehringer
3 12/12 $86,931,000 4.0
35 40 O’Connor Davies LLP / Harrison, N.Y. Kevin J. Keane 7 12/12 $84,500,000 13.0
36 41 Novogradac & Company LLP / San Francisco Michael J. Novogradac 15 12/12 $84,053,378 16.3
37 39 Weaver / Fort Worth, Texas Tommy D. Lawler 7 5/13 $83,353,290 11.5
38 37 MBAF / Miami Antonio L. Argiz 9 12/12 $83,000,000 3.5
39 45 SS&G Inc.

/ Cleveland Robert Littman 10 12/12 $79,140,000 9.9
40 38 Kearney & Company / Alexandria, Va. Ed Kearney 2 12/12 $78,000,000 -2.2
41 47 Sikich LLP / Naperville, Ill. James A. Sikich 10 12/12 $76,421,813 5.0
42 43 Holthouse Carlin & Van Trigt LLP / Los Angeles Philip J. Holthouse 8 12/12 $72,572,734 8.1
43 42 Burr Pilger Mayer Inc. / San Francisco Curtis Burr 6 12/12 $71,113,729 0.6
44 46 RubinBrown LLP / St. Louis
James Castellano
John Herber Jr.
3 5/13 $68,151,000 3.3
45 49 Schenck SC / Appleton, Wis. William D. Goodman 9 9/12 $67,490,854 4.3
46 51 Lattimore Black Morgan & Cain / Brentwood, Tenn. David Morgan 3 5/13 $67,230,787 10.4
47 44 Friedman LLP/ New York Bruce A. Madnick 7 12/12 $67,005,634 0.0
48 48 The Siegfried Group LLP

/ Wilmington, Del.

Robert L. Siegfried Jr. 16 12/12 $66,018,391 0.1
49 54 HORNE LLP / Ridgeland, Miss. Joey D. Havens Jr. 12 12/12 $63,521,493 11.7
50 56 Kaufman Rossin Group / Miami James R. Kaufman 9 5/13 $63,500,000 16.7

Key:

Firm reported only net revenue, data not verified against gross.

Firm provided the same gross and net revenue.
6
Changed named from Cherry Bekaert & Holland LLP. In 2012, Cherry Bekaert reported number of markets served, not the
number of offices.
7
Changed named from Armanino McKenna LLP.

Source: INSIDE Public Accounting
Copyright ©2013 The Platt Group / INSIDE Public Accounting / (317) 733-1920 / www.insidepublicaccounting.com

AUGUST 2013 – IPA 100 INSIDE PUBLIC ACCOUNTING / 4

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2013 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED. 



THE 2013 I PA 100
RANKED BY U.S. NET REVENUE
RANK
’13 ’12 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
51 52 EKS&H
8
/ Denver Bob Hottman 3 9/12 $63,376,510 8.4
52 50 Elliott Davis LLC / Greenville, S.C.

Rick Davis 7 6/13 $60,802,095 7.1
53 53 Habif Arogeti & Wynne LLP / Atlanta Richard Kopelman 1 12/12 $60,294,000 3.6
54 55 Blue & Co. LLC / Carmel, Ind. Brad Shaw 8 12/12 $59,706,920 8.4
55 62 Frank Rimerman + Co. LLP / Palo Alto, Calif. Bryan C. Polster 5 12/12 $55,172,345 14.2
56 66 The Bonadio Group / Pittsford, N.Y. Thomas Bonadio 8 4/13 $54,212,619 13.0
57 65 SC&H Group / Sparks, Md. Ronald M. Causey 3 12/12 $53,902,000 8.7
58 57 Schneider Downs & Co. Inc.

/ Pittsburgh Raymond W. Buehler Jr. 2 6/13 $53,500,000 2.3
59 70 Clark Schaefer Hackett & Co.

/ Cincinnati Carl R. Coburn 5 6/13 $52,196,347 2.9
60 61 SVA Certified Public Accountants SC
9
/ Madison, Wis. Carl E. Schultz 7 5/12 $51,645,196 1.1
61 73 Nigro Karlin Segal & Feldstein LLP / Los Angeles Mickey Segal 2 12/12 $50,496,481 12.4
62 58 Aronson LLC/ Rockville, Md. Jeffery P. Capron 1 12/12 $49,950,000 -4.0
63 68 Katz Sapper & Miller / Indianapolis David Resnick 3 12/12 $49,172,700 5.4
64 60 Rosen Seymour Shapss Martin & Co. LLP

/ New York Michael Bernstein 4 12/12 $49,000,000 -5.2
65 80 Whitley Penn LLP / Fort Worth, Texas Larry G. Autrey 5 12/12 $48,992,306 12.3
66 69 Hein & Associates LLP / Denver Brian Mandell-Rice 4 12/12 $48,555,758 7.0
67 63 Watkins Meegan LLC / Bethesda, Md. Michael R. Micholas 4 12/12 $48,250,000 -3.9
68 67 Blum Shapiro & Company PC / West Hartford, Conn. Carl R. Johnson 3 12/12 $47,841,509 1.2
69 72 Postlethwaite & Netterville APAC / Baton Rouge, La. William E. Balhoff 10 4/13 $47,069,544 12.5
70 71 Doeren Mayhew/ Troy, Mich. Mark A. Crawford 2 9/12 $44,300,000 2.3
71 82 Frazier & Deeter LLC / Atlanta Seth McDaniel 3 12/12 $44,100,000 8.0
72 76 BerryDunn / Portland, Maine John M. Chandler 5 6/13 $43,115,630 9.2
73 81 Cohen & Company / Cleveland Randall Myeroff 6 1/13 $40,775,615 9.2
74 78
Squar Milner Peterson Miranda & Williamson LLP /
Newport Beach, Calif.
Stephen P. Milner 5 12/12 $40,206,178 6.0
75 83 Grassi & Co. / New York Louis C. Grassi 2 4/13 $39,983,225 8.2

Key:


Firm provided the same gross and net revenue.
8
Changed named from Ehrhardt Keefe Steiner & Hottman PC.
9
Firm reported previous year’s data, no financial change from 2012 report.



Source: INSIDE Public Accounting
Copyright ©2013 The Platt Group / INSIDE Public Accounting / (317) 733-1920 / www.insidepublicaccounting.com


AUGUST 2013 – IPA 100 INSIDE PUBLIC ACCOUNTING / 5

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2013 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED. 



THE 2013 I PA 100
RANKED BY U.S. NET REVENUE
RANK
’13 ’12 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
76 84 Alpern Rosenthal / Pittsburgh Alexander Paul 4 12/12 $39,250,243 3.6
77 74 Margolin Winer & Evens LLP

/ Garden City, N.Y. Teddy Selinger 2 12/12 $39,000,000 WND
78 77 Mauldin & Jenkins LLC / Atlanta Donald L. Luker 5 5/13 $38,836,987 -0.9
79 75 SingerLewak / Los Angeles Jim Pitrat 6 10/12 $38,806,369 -2.8
80 79 Freed Maxick CPAs PC / Buffalo, N.Y. Ronald J. Soluri Sr. 4 4/13 $38,673,342 2.7
81 86 Honkamp Krueger & Co. PC / Dubuque, Iowa Gregory C. Burbach 5 12/12 $37,520,507 6.7
82 91 Raich Ende Malter & Co. LLP / New York Ellis Ende 4 12/12 $37,273,091 11.7
83 102 Mountjoy Chilton Medley LLP / Louisville, Ky. Diane Medley 5 12/12 $37,237,068 2.0
84 95 Reinsel Kuntz Lesher LLP / Lancaster, Pa. Edward W. Monborne 5 12/12 $37,108,571 9.9
85 103 Macias Gini & O’Connell LLP / Sacramento, Calif. Kevin J. O’Connell 9 12/12 $36,164,042 10.1
86 89 Joseph Decosimo and Company / Chattanooga, Tenn. Nick Decosimo 9 12/12 $35,631,000 4.8
87 92 Raffa PC / Washington, D.C. Thomas J. Raffa 3 12/12 $35,596,288 7.8
88 85 Hill Barth & King LLC / Boardman, Ohio Chris Allegretti 12 8/12 $35,400,000 -1.8
89 98 AKT LLP CPAs and Business Consultants / Salem, Ore. Stephen M. Tatone 6 12/12 $35,208,300 4.3
90 96 Berkowitz Pollack Brant Advisors & Accountants / Miami Richard A. Berkowitz 3 12/12 $34,208,980 6.7
91 94 Wiss & Company LLP / Livingston, N.J. Paul L. Peterson 4 3/13 $34,175,000 4.0
92 90 Kemper CPA Group LLP / Greenfield, Ind. Ronald J. Dezelan 22 4/13 $34,167,204 1.9
93 93 Seiler LLP / Redwood City, Calif. James DeMartini III 2 12/12 $34,100,000 3.7
94 101 Gallina LLP / Roseville, Calif. Lawrence R. Taylor 9 12/12 $33,968,968 6.7
95 97 Kennedy and Coe LLC / Salina, Kan. Jeff Wald 8 3/13 $33,780,149 5.9
96 87 Holtz Rubenstein Reminick LLP
10
/ Melville, N.Y. Barry Garfield 2 9/12 $33,628,164 -3.0
97 NR PragerMetis International LLC
11
/ New York
Glenn Friedman
David Neste
7 12/12 $32,320,000 5.0
98 99 Vavrinek Trine Day and Co. / Rancho Cucamonga, Calif. Ronald S. White 7 12/12 $31,683,224 0.4
99 104 Rea & Associates Inc. / New Philadelphia, Ohio Lee Beall 11 10/12 $31,226,029 7.0
100 100 Kahn Litwin Renza & Co. Ltd. / Providence, R.I. Alan H. Litwin 5 12/12 $30,863,597 0.0
Key:

Firm provided the same gross and net revenue. WND: Firm would not disclose growth to IPA.
10
Holtz Rubenstein
Reminick merged with Baker Tilly Virchow Krause in 2013. NR: Firm not ranked in 2012.
11
Prager & Fenton LLP and Metis
Group LLC combined in 2012 under the name of PragerMetis International LLC.




Source: INSIDE Public Accounting
Copyright ©2013 The Platt Group / INSIDE Public Accounting / (317) 733-1920 / www.insidepublicaccounting.com


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AUGUST 2012 – IPA 100 INSIDE PUBLIC ACCOUNTING / 1

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2012 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED.
August 2012
Vol. 26, No. 8

IPA 100 HIGHLIGHTS
Staffing 2
Highs And Lows 3
Three-Year Trends 3
Movers And Shakers 5
New IPA 100 MPs 5
IPA 100 At A Glance 5

IPA 100 FIRMS

The Complete Listing
Of The IPA 100 6

IPA 100 HIGHLIGHTS - CONT.

The Fastest-Growing 10

Comparison Of Profit
Indicators 12

Trends & Analysis 13

IPA 100 By Region 16

Regional Statistics 18

IPA 100 Changes 19
IPA 100 Associations 19



COMING IN SEPTEMBER














INSIDE PUBLIC ACCOUNTING
A publication of
The Platt Group
insidepublicaccounting.com








INSIDE Public Accounting (IPA) is pleased to present the 22nd annual report
on the nation’s largest 100 firms. IPA’s independent report and rankings are
among the longest-running, most accurate and up to date for the nation’s
largest accounting firms. IPA


“In a chronically leaking boat, energy devoted to changing vessels is more productive
than energy devoted to patching leaks.” – Warren Buffett


Despite the economic turmoil we’ve seen in the past few years, the headline
for the 2011/2012 IPA 100 is “Were On The Move Again.” Organic fee
growth, excluding mergers, was 5.6% compared with the previous year’s
lackluster 1.0% growth. Firm leaders see less demand to lower fees and more
opportunities. In the 2011 report, 40 of the IPA 100 reported a contraction in
revenues; this year, only six firms were in negative territory. That’s a sign that
things are picking up and an indicator of the profession’s ability to rebound.

After a down year in 2010, the Big 4 came back in 2011 with an overall
growth rate of 8.7%, adding $2.7 billion to the top line. The Big 4 collectively
accounted for $33.644 billion in revenues. Total revenue of the IPA 100 grew
to $46.024 billion, up from $42.672 billion last year, or an increase of 7.8%.
The Big 4 account for 73% of the revenue base among
the IPA 100. As an aggregate group, the other 96 firms
added $668 million in revenue to the top line,
accounting for $12.380 billion in revenues, up 5.7%
from both mergers and organic growth.

The minimum net revenue for the IPA 100 this year is
$30.9 million, up $2.7 million from last year and
surpassing the high of 2009. IPA
I IP PA A S SP PE EC CI IA AL L R RE EP PO OR RT T
T TH HE E 2 20 01 12 2 I IP PA A 1 10 00 0

Excerpted
In Part
Excerpted
In Part
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THE 2012 ¡PA 100
RANKED BY U.8. NET REVENUE
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1 1 0e|o|lle LLP
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  
/ V|rreapo||s Joe Adars Z5 1/12 S1,283,110,000 0.1
ê ê 0rarl Trorrlor LLP
  
/ Cr|cago 3leprer Cr|prar 5ê 12/11 S1,11ê,121,000 5.ê
Z 8 800 u3A LLP
  
/ Cr|cago Jac| we|soaur 12 ê/12 Sê18,000,000 ê.Z
8 Z
C8lZ & Vayer lollrar VcCarr PC
2
/
C|eve|ard / LeaWood, Kar.
0ave 3|o|ls
8||| larcoc|
133 / 3ê 12/11 S598,000,000 -1.ê
9 9 CroWe lorWalr LLP / 0a| 8roo|, l||. Crar|es V. A||er 28 3/12 S553,295,000 8.9
10 10 8K0 LLP / 3pr|rgl|e|d, Vo. Treodore 0. 0|c|rar 29 5/12 S101,Z9ê,000 1.5
11 12 P|arle Vorar
  
/ 3oulrl|e|d, V|cr. 0ordor E. Kraler 18 ê/12 S331,000,000 8.9
12 11 Voss Adars LLP / 3eall|e R|c| Ardersor 21 12/11 S323,000,000 2.1
13 13 0|xor lugres 0oodrar LLP / Crar|olle, N.C. Ker lugres 30 5/12 S301,189,000 1.2
11 19 LarsorA||er LLP / V|rreapo||s 0ordor A. v|ere 2ê 10/11 S285,000,000 1.0
15 1ê Varcur LLP

/ NeW Yor| Jellrey V. we|rer 20 12/11 S2Z1,223,100 5.1
1ê 1Z 8a|er T|||y v|rcroW Krause LLP / Cr|cago T|rolry Crr|sler 11 5/12 S259,000,000 Z.2
1Z 15 E|srerArper LLP
  
/ NeW Yor|
loWard Corer
Crar|es we|rsle|r
8 1/12 S25ê,921,000 1.0
18 11 C||llor 0urdersor LLP / V||Wau|ee Kr|sla V. VcVaslers 13 5/11 S251,ê52,0ê0 0.0
19 18 J.l. Corr LLP / Rose|ard, N.J. Troras J. Var|ro 15 1/12 S252,019,000 3.0
20 20 Rezr|c| 0roup PC / 8elresda, Vd. Kerrelr E. 8aggell 10 5/12 S215,202,000 ê.3
21 21 ulY Adv|sors lrc.
3
/ Cr|cago
Arlrory Fraoolla
R|c| 3le|r
1ê 12/11 S182,Z51,251 -3.Z
22 23 Rolrsle|r Kass / Rose|ard, N.J.
loWard A|lrar
3lever Kass
8 12/11 S181,5ê5,300 11.3
23 22 Parerle8eard LLC / Pr||ade|pr|a Rooerl J. C|arullo|| 20 12/11 S1ê9,ê01,3êZ 0.0
21 21 E|de 8a|||y LLP
  
/ Fargo, N.0. Jerry A. Topp 19 1/12 S15Z,ê95,ê3ê 1.1
25 2ê w|pl|| LLP / V||Wau|ee R|c| 0rerer 20 5/12 S151,ê00,000 8.ê
key. |or roo|loç µcrµosos, oot rovooco |nc|uJcs rovooco Iro¬ ¬orçors. lorcootoço coooço c×c|uJcs ¬orçor rovooco. kovoocos Ior too ßlç
= oro u.8.-bosou ooly.
  
|lr¬ roµortou ooly oot rovooco, uoto oot vorlIlou oçolost çross.
  
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çrowto ls bosou oo çross rovooco.
  
|lr¬ µrovluou too so¬o çross oou oot rovooco.
l
lo µrlor yoors, VcGlouroy 8 lclloo , k8V
VcGlouroy oµorotou couor oo oltorootlvo µroctlco strcctcro. lo Novo¬bor 2ull, Vl µcrcoosou too sooros oI k8V. |cll yoor co¬µoroblo
co¬bloou rovoocos oI too ooçoloç µroctlcos oro roµortou lo |¥l2. Oo Voy l, VcGlouroy 8 lclloo coooçou lts oo¬o to VcGlouroy LLl.
2
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8
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oltorootlvo µroctlco strcctcro.

8ource: |N8|DL IubIic Accoun|inq www.insideµubIicoccoun|inq.com


AUGUST 2012 – IPA 100 INSIDE PUBLIC ACCOUNTING / 7

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2012 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED.




THE 2012 IPA 100
RANKED BY U.S. NET REVENUE
RANK
’12 ’11 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
26 25 WeiserMazars LLP

/ New York Douglas A. Phillips 9 12/11 $141,000,000 3.0
27 27 Cherry, Bekaert & Holland LLP

/ Richmond, Va. Howard Kies 14 4/12 $123,597,091 6.0
28 28 Citrin Cooperman

/ New York Joel A. Cooperman 5 12/11 $120,000,000 3.9
29 32 Carr, Riggs & Ingram LLC

/ Enterprise, Ala. William H. Carr 17 9/11 $102,312,804 7.0
30 29 Berdon LLP

/ New York
Mark G. Bosswick
Stuart B. Kotler
2 12/11 $95,000,000 2.2
31 30 Anchin, Block & Anchin LLP / New York Frank A. Schettino 1 9/11 $92,000,000 3.4
32 34 Rehmann / Saginaw, Mich. Steven D. Kelly 20 12/11 $87,401,968 1.0
33 33 WithumSmith+Brown PC / Princeton, N.J. William R. Hagaman Jr. 14 6/12 $87,200,000 3.5
34 31 Marks Paneth & Shron LLP / New York
Mark Levenfus
Harry Moehringer
3 12/11 $87,004,000 1.0
35 35 Armanino McKenna LLP / San Ramon, Calif. Andy Armanino 5 12/11 $84,024,577 17.6
36 70 Warren Averett LLC
4
/ Birmingham, Ala. James W. Cunningham 13 12/11 $80,987,475 0.3
37 37 MBAF
5
/ Miami Antonio L. Argiz 9 12/11 $80,200,000 0.0
38 36 Kearney & Company

/ Alexandria, Va. Ed Kearney 2 12/11 $79,780,000 10.0
39 38 Weaver / Fort Worth, Texas Tommy D. Lawler 7 5/12 $73,568,220 9.3
40 44 O’Connor Davies LLP
6
/ Harrison, N.Y. Kevin J. Keane 7 12/11 $72,500,000 14.0
41 40 Novogradac & Company LLP / San Francisco Michael J. Novogradac 13 12/11 $72,060,204 10.0
42 39 Burr Pilger Mayer Inc. / San Francisco Stephen D. Mayer 6 12/11 $70,693,718 6.0
43 43 Holthouse Carlin & Van Trigt LLP / Los Angeles Philip J. Holthouse 7 12/11 $67,109,352 5.3
44 42 Friedman LLP

/ New York Bruce A. Madnick 7 12/11 $67,086,970 5.0
45 41 SS&G Inc.
7
/ Cleveland Gary Shamis 9 12/11 $67,077,000 3.5
46 46 RubinBrown LLP

/ St. Louis
James Castellano
John Herber Jr.
3 5/12 $65,985,000 6.9
47 50 Sikich LLP / Aurora, Ill. James A. Sikich 8 12/11 $65,755,375 9.7
48 69 The Siegfried Group LLP / Wilmington, Del. Robert L. Siegfried Jr. 16 12/11 $65,363,474 59.0
49 45 Schenck SC / Appleton, Wis. William D. Goodman 9 9/11 $64,722,844 3.5
50 48 Elliott Davis LLC / Greenville, S.C.

Richard E. Davis 10 6/12 $61,021,637 6.0

Key:

Firm reported only net revenue, data not verified against gross.

Firm provided the same gross and net revenue.
4
Newly merged firm, changed name from Warren Averett Kimbrough & Marino.
5
Changed name from Morrison Brown Argiz &
Farra.
6
Changed named from O’Connor Davies Munns & Dobbins.
7
Changed name from SS&G Financial Services Inc.

Source: INSIDE Public Accounting www.insidepublicaccounting.com

AUGU81 2012 - |IA 100 |N8|DL IU8l|C ACCOUN1|NG [ 8

l1 lS A vlCLA1lCn Cl lLuL8AL CCÞ?8lCP1 LAW 1C 8LÞ8CuuCL ALL C8 ÞA81 Cl 1PlS Þu8LlCA1lCn Wl1PCu1 CCnSLn1. CCÞ?8lCP1 ©2012 1PL ÞLA11 C8CuÞ/lnSluL Þu8LlC ACCCun1lnC. ALL 8lCP1S 8LSL8vLu.



THE 2012 ¡PA 100
RANKED BY U.8. NET REVENUE
kANk
'12 '11 I|kM [ HLADOUAk1Lk8 MI [ CLO OII|CL8 IYL NL1 kLVLNUL % CHG.
51 19 Lall|rore 8|ac| Vorgar & Ca|r / 8rerlWood, Terr. 0av|d Vorgar 3 5/12 Sê0,91Z,231 9.ê
52 51 Errrardl Keele 3le|rer & lollrar PC / 0erver 8oo lollrar 3 9/11 S58,1Z3,228 Z.0
53 1Z lao|l, Arogel| & wyrre LLP / Al|arla Josepr 0. 3|rrs 2 12/11 S58,113,000 -1.0
51 ê3 l0RNE LLP / R|dge|ard, V|ss. lugr J. Par|er 12 12/11 S5ê,815,329 1.2
55 51 8|ue & Co. LLC / Carre|, lrd. 8rad 3raW 8 12/11 S55,059,Z00 9.1
5ê 52 Kaulrar Ross|r 0roup / V|ar| Jares R. Kaulrar Z 5/12 S53,300,000 1.0
5Z 5Z 3crre|der 0oWrs & Co. lrc.

/ P|llsourgr Rayrord w. 8uer|er Jr. 2 ê/12 S52,300,000 Z.8
58 59 Arorsor LLC

/ Roc|v|||e, Vd.

Jellery P. Capror 1 12/11 S52,200,000 10.0
59 53 8|ac|rar Ka|||c| LLP / Cr|cago 3lever 3crre|der 1 12/11 S52,005,382 3.0
ê0 5ê Roser 3eyrour 3rapss Varl|r & Co. LLP

/ NeW Yor| Varl|r 0reeroerg 1 12/11 S51,Z00,000 1.2
ê1 ê1 3vA Cerl|l|ed Puo||c Accourlarls 3C / Vad|sor, w|s. Jac| Collor 5 5/12 S51,ê15,19ê 1.1
ê2 58 Frar|, R|rerrar ÷ Co. LLP / Pa|o A|lo, Ca||l. 8ryar C. Po|sler 5 5/12 S50,825,189 1.1
ê3 ê1 wal||rs Veegar LLC / 8elresda, Vd. V|crae| R. V|cro|as 1 12/11 S50,200,000 8.ê
ê1 55 Argy, w||lse & Roo|rsor PC / VcLear, va. Pau| J. Argy 3 12/11 S50,000,911 2.ê
ê5 ê0 3C&l 0roup / 3par|s, Vd. Rora|d V. Causey 3 12/11 S19,ê23,Z00 ê.Z
êê ê8 Tre 8orad|o 0roup / P|llslord, N.Y. Troras 8orad|o Z 1/12 S1Z,528,2ê2 Z.1
êZ êZ 8|ur, 3rap|ro & Corpary PC / wesl larllord, Corr. Car| R. Jorrsor 3 12/11 S1Z,2êê,Z15 3.1
ê8 ê5 Kalz, 3apper & V|||er / lrd|arapo||s 0av|d Resr|c| 2 12/11 S1ê,Z12,100 3.0
ê9 ê2 le|r & Assoc|ales LLP / 0erver 8r|ar Varde||-R|ce 1 12/11 S15,Z9ê,3êê 0.0
Z0 êê C|ar|, 3craeler, lac|ell & Co.

/ C|rc|rral| Car| R. Coourr ê ê/12 S15,ê15,03Z 0.0
Z1 Z3 0oerer VayreW

/ Troy, V|cr. Var| A. CraWlord 2 9/11 S12,050,000 0.1
Z2 Z2 Posl|elrWa|le & Nellerv|||e APAC / 8alor Rouge, La. w||||ar E. 8a|roll 10 1/12 S11,815,ê1ê 8.ê
Z3 NR N|gro Kar||r 3ega| & Fe|dsle|r LLP / Los Arge|es V|c|ey 3ega| 2 12/11 S11,092,05Z 8.5
Z1 Z1 Vargo||r, w|rer & Evers LLP
  
/ 0arder C|ly, N.Y. Teddy 3e||rger 2 12/11 S10,500,000 3.8
Z5 Z1 3|rgerLeWa| / Los Arge|es 0av|d KrajaroWs|| 5 12/11 S10,210,8Z8 8.3

key:

  
|lr¬ µrovluou too so¬o çross oou oot rovooco. Nk = Not roo|ou lo 2ull.
  
Gross rovooco roµortou oou µorcootoço çrowto ls bosou oo çross rovooco.

8ource: |N8|DL IubIic Accoun|inq www.insideµubIicoccoun|inq.com


AUGU81 2012 - |IA 100 |N8|DL IU8l|C ACCOUN1|NG [ 9

l1 lS A vlCLA1lCn Cl lLuL8AL CCÞ?8lCP1 LAW 1C 8LÞ8CuuCL ALL C8 ÞA81 Cl 1PlS Þu8LlCA1lCn Wl1PCu1 CCnSLn1. CCÞ?8lCP1 ©2012 1PL ÞLA11 C8CuÞ/lnSluL Þu8LlC ACCCun1lnC. ALL 8lCP1S 8LSL8vLu.



THE 2012 ¡PA 100
RANKED BY U.8. NET REVENUE
kANk
'12 '11 I|kM [ HLADOUAk1Lk8 MI [ CLO OII|CL8 IYL NL1 kLVLNUL % CHG.
Zê Zê 8erry0urr / Porl|ard, Va|re Jorr V. Crard|er 5 ê/12 S10,115,500 11.8
ZZ 91 Vau|d|r & Jer||rs LLC / Al|arla 0ora|d L. Lu|er 5 5/12 S38,193,133 1.1
Z8 Z9
3quar, V||rer, Pelersor, V|rarda & w||||arsor LLP /
NeWporl 8eacr, Ca||l.
3leprer P. V||rer 5 12/11 S3Z,91Z,Zêê 1.0
Z9 Z5 Freed Vax|c| CPAs PC
8
/ 8ulla|o, N.Y. Rora|d J. 3o|ur| 3r. 3 1/12 S3Z,ê10,821 5.3
80 88 wr|l|ey Perr LLP / Forl worlr, Texas Larry 0. Aulrey 2 12/11 S3Z,58Z,1ê1 1Z.2
81 81 Corer & Corpary / C|eve|ard Rardy Vyeroll 9 1/12 S3Z,311,Z11 8.9
82 ZZ Fraz|er & 0eeler LLC / Al|arla 3elr Vc0ar|e| 2 12/11 S3Z,28Z,000 Z.0
83 112 0rass| & Co. / Jer|cro, N.Y. Lou|s 0rass| 2 1/12 S3ê,918,112 12.0
81 81 A|perr Roserlra| / P|llsourgr A|exarder Pau| 3 12/11 S3ê,Z10,2ê9 Z.9
85 82 l|||, 8arlr & K|rg LLC / 8oardrar, 0r|o Crr|s A||egrell| 12 8/11 S35,500,000 Z.5
8ê 8Z lor|arp Krueger & Co. PC / 0uouque, loWa 0regory C. 8uroacr ê 12/11 S35,1êZ,055 9.1
8Z Z8 lo|lz Ruoersle|r Rer|r|c| LLP / Ve|v|||e, N.Y. Frarc|s J. Card|a 2 9/11 S31,êê1,15ê 0.ê
88 8ê Vor|er, N|xor & w||||ars / Carpoe||, Ca||l. 3leve v|d|oc| 3 1/12 S31,3ê0,êZZ 1.ê
89 83 Josepr 0ecos|ro ard Corpary / Crallarooga, Terr. N|c| 0ecos|ro 8 12/11 S31,000,000 1.5
90 93 Kerper CPA 0roup LLP / 0reerl|e|d, lrd. Rora|d J. 0eze|ar 22 1/12 S33,523,Z01 0.Z
91 111 Ra|cr Erde Va|ler & Co. LLP / NeW Yor| E|||s Erde 1 12/11 S33,359,ZZê 18.2
92 85 Ralla PC / wasr|rglor, 0.C. Troras J. Ralla 3 12/11 S33,002,0ê1 -1.0
93 89 3e||er LLP / RedWood C|ly, Ca||l. Jares 0eVarl|r| lll 2 12/11 S32,900,000 3.1
91 99 w|ss & Corpary LLP / L|v|rgslor, N.J. Pau| L. Pelersor 1 3/12 S32,ZZ5,000 9.0
95 103 Re|rse| Kurlz Lesrer LLP / Larcasler, Pa. EdWard w. Voroorre 5 12/11 S32,515,10ê 18.2
9ê 9ê
8er|oW|lz Po||ac| 8rarl Adv|sors ard Accourlarls
9
/
V|ar|
R|crard A. 8er|oW|lz 3 12/11 S32,020,ê21 8.5
9Z 91 Kerredy ard Coe LLC / 3a||ra, Kar. Kurl 3|erers 8 3/12 S31,883,8êê 1.Z
98 90 AKT LLP CPAs ard 8us|ress Corsu|larls / 3a|er, 0re. 3leprer V. Talore 5 12/11 S31,809,900 -0.1
99 92
vavr|re|, Tr|re, 0ay ard Co. LLP / Rarcro Cucarorga,
Ca||l.
Rora|d 3. wr|le Z 12/11 S31,ê83,221 -0.1
100 102 Karr, L|lW|r, Rerza & Co. Lld. / Prov|derce, R.l. A|ar l. L|lW|r 3 12/11 S30,8ê0,50ê 11.Z
key:
8
Coooçou oo¬o Iro¬ |roou Vo×lc| 8 ßottoçllo ClAs.
9
Coooçou oo¬o Iro¬ ßor|owltz Dlc| lolloc| 8 ßroot.

8ource: |N8|DL IubIic Accoun|inq www.insideµubIicoccoun|inq.com


AUGUST 2011 INSIDE PUBLIC ACCOUNTING / 1

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2011 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED.
August 2011
Volume 25, Number 8

TOP 100 HIGHLIGHTS
Comings And Goings 2
The Highs And Lows 3
The Three-Year Trends 3

TOP 100 U.S. FIRMS

The Complete Listing
Of The Nation’s Largest
Accounting Firms 4

TOP 100 HIGHLIGHTS - CONT.

The Fastest-Growing 8

Staffing Trends 9

Charge Hour Trends 10

Partner Issues 11

Top 100 By Region 13

The Top 100 Local
And Regional Firms 14

Regional Statistics 15

Top 100 Comparison
Of Profit Indicators 16

Movers And Shakers 17
Top 100 Changes 17
Top 100 Associations 17

COMING IN SEPTEMBER







INSIDE PUBLIC ACCOUNTING
A publication of
The Platt Group
insidepublicaccounting.com









THE IPA 2011 TOP 100 ACCOUNTING FIRMS

INSIDE Public Accounting (IPA) is pleased to present the 21
st
annual report on
the nation’s Top 100 accounting firms. IPA’s independent rankings are among
the longest-running, most accurate and up-to-date for the nation’s largest
accounting firms. [EXCERPTED IN PART]


“Change is the law of life. And those who look only to the past or present are
certain to miss the future.” – John F. Kennedy


Top-line growth continues to be a challenge for the Top 100 firms. Although
fine-tuning their inner workings contributed to increased stability and a bigger
bottom line, half of the Top 100 firms that reported no merger/acquisition saw a
decline in charge hours, compounding the decreases of 2009. Firms specializing
in government contract work were among the few that saw opportunities to add
to the charge hour workload.

Firms clearly took more control over bottom-line management, with two-thirds
increasing net fees collected per charge hour and 56% increasing margins over
last year. Net income for the group was up 3.0%, but net income per equity
partner continued a downward slide – a full 17% lower than the peak in 2008.

A gap clearly exists between those who are doing well and those who are
struggling to right the ship. Firms in the top quartile of net income per equity
partner (NIPP) saw that metric grow by 18% over
the previous year, while those in the bottom
quartile saw NIPP decline by 3.0%. Leverage in top
quartile firms is up slightly – 58% are hiring to take
advantage of opportunities and 40% reported
reducing the number of equity partners. Leverage in
the bottom quartile has decreased 4.0%. Average
staff for the top quartile firms was up 1.0%, while
the bottom quartile experienced a 1.0% decline.

AUGUST 2011 INSIDE PUBLIC ACCOUNTING / 2

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT ©2011 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING. ALL RIGHTS RESERVED.
Forty percent of the Top 100 reduced the number of equity partners during the reporting
period, either due to retirement or by firing under-performing partners. Among the 33 non-
national firms reporting a reduction in partners (159 partners to be exact), 27% terminated at
least one equity partner, and 55% had one or more partners retire during the reporting year.

Net fees for the Top 100 represent more than $40 billion, with the non-Big 4 representing
$11.7 billion. For the 70 firms that reported net income figures, more than $1.6 billion in
income is shared by more than 2,900 owners and 25,000 staff. With continued focus on the
top and bottom lines, many of the Top 100 are poised for success in the coming years. IPA


EXCERPTED IN PART
FROM THE AUGUST 2011 ISSUE
OF INSIDE PUBLIC ACCOUNTING



For the complete list of the IPA Top 100, see pages 3-6. IPA provides both the fiscal month and
year-end data for all Top 100 firms and ranks firms by net revenues, unless noted. IPA also notes
when a firm provides the same figures for both net and gross revenue.



















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PUBLIC ACCOUNTING is published monthly by The Platt Group. Principals: Michael Platt and Kelly Platt. Send address changes to
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AUGUST 2011 INSIDE PUBLIC ACCOUNTING / 3

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INSIDE PUBLIC ACCOUNTING
THE 2011 TOP 100 FIRMS
RANKED BY U.S. NET REVENUE

RANK
’11 ’10 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
1 1 Deloitte LLP & Subsidiaries

/ New York Barry Salzberg 100 5/10 $10,938,000,000 2.0
2 3 PwC LLP
1
/ New York Robert Moritz 73 6/10 $8,034,000,000 -2.3
3 2 Ernst & Young LLP

/ New York James S. Turley 77 6/10 $7,100,000,000 -6.5
4 4 KPMG LLP

/ New York John B. Veihmeyer 87 9/10 $4,889,000,000 -3.7
5 5
RSM McGladrey Inc. and McGladrey & Pullen LLP
2
/
Minneapolis
C. E. Andrews
Joe Adams
85 4/11 $1,370,424,000 -0.6
6 6 Grant Thornton LLP

/ Chicago Stephen Chipman 50 12/10 $1,085,696,000 -5.4
7 7
CBIZ & Mayer Hoffman McCann PC
3
/
Cleveland / Leawood, Kan.
Dave Sibits
Bill Hancock
150 / 37 12/10 $590,600,000 -2.0
8 8 BDO USA LLP

/ Chicago Jack Weisbaum 40 6/11 $572,000,000 -2.2
9 9 Crowe Horwath LLP / Oak Brook, Ill. Charles M. Allen 26 3/11 $498,379,000 3.6
10 10 BKD LLP / Springfield, Mo. Neal D. Spencer 29 5/11 $390,684,000 0.8
11 11 Moss Adams LLP / Seattle Rick Anderson 18 12/10 $316,000,000 -2.6
12 12 Plante & Moran PLLC / Southfield, Mich. Gordon E. Krater 18 6/11 $304,000,000 2.7
13 20/33 Dixon Hughes Goodman LLP
4
/ High Point, N.C. Ken Hughes 31 5/11 $284,480,000 0.0
14 13 Clifton Gunderson LLP / Milwaukee Krista M. McMasters 43 5/11 $254,652,060 -2.7
15 24/27 EisnerAmper LLP
5
/ New York
Charles Weinstein
Howard Cohen
8 1/11 $254,629,000 1.5
16 15 Marcum LLP

/ New York Jeffrey M. Weiner 20 12/10 $250,800,353 7.3
17 14 Baker Tilly Virchow Krause LLP / Chicago Timothy Christen 11 5/11 $242,000,000 1.3
18 16 J.H. Cohn LLP / Roseland, N.J. Thomas J. Marino 10 1/11 $235,568,000 1.0
19 18 LarsonAllen LLP

/ Minneapolis Gordon A. Viere 19 10/10 $227,002,000 1.0
20 19 Reznick Group PC / Bethesda, Md. Kenneth E. Baggett 10 5/11 $202,500,000 3.6
21 17 UHY Advisors Inc.
6
/ Chicago
Anthony Frabotta
Rick Stein
15 12/10 $200,200,000 -12.0
22 21 ParenteBeard LLC / Philadelphia Robert J. Ciaruffoli 24 12/10 $163,756,942 -4.5
23 22 Rothstein Kass / Roseland, N.J.
Steven Kass
Howard Altman
8 12/10 $163,203,000 -3.7
24 23 Eide Bailly LLP / Fargo, N.D. Jerry A. Topp 19 4/11 $151,397,012 0.9
25 25 WeiserMazars LLP / New York Douglas A. Phillips 6 12/10 $140,000,000 6.1
Editor’s Note: Most, but not all firms provide Net Revenue for the Top 100 rankings. If firms provide Gross Revenue only, it is noted. For ranking
purposes, net revenue includes revenue from mergers. Percentage change excludes merger revenue.

Gross revenue reported.
1
Changed named
from PricewaterhouseCoopers LLP.
2
RSM McGladrey Inc. and McGladrey & Pullen have an alternative practice structure.
3
CBIZ and Mayer
Hoffman McCann PC have an alternative practice structure.
4
Name reflects merger of Dixon Hughes (No. 20/’10) and Goodman & Co. (No.
33/’10).
5
Name reflects merger of Eisner LLP (No. 24/’10) and Amper, Politziner & Mattia (No. 27/’10).


Firm reported only net revenue, data
not verified against gross revenue.

Firm provided the same gross revenue and net revenue data.
6
UHY Advisors and UHY LLP are affiliated
through an alternative practice structure.

Source: INSIDE Public Accounting / www.insidepublicaccounting.com
AUGUST 2011 INSIDE PUBLIC ACCOUNTING / 4

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INSIDE PUBLIC ACCOUNTING
THE 2011 TOP 100 FIRMS
RANKED BY U.S. NET REVENUE

RANK
’11 ’10 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
26 26 Wipfli LLP / Milwaukee Rick Dreher 20 5/11 $136,500,000 5.3
27 28 Cherry, Bekaert & Holland LLP

/ Richmond, Va. Howard Kies 15 4/11 $127,474,433 WND
28 31 Citrin Cooperman
7
/ New York Joel A. Cooperman 5 12/10 $102,000,000 2.2
29 32 Berdon LLP

/ New York Stanley H. Freundlich 3 12/10 $93,000,000 5.7
30 29 Anchin, Block & Anchin LLP / New York Frank A. Schettino 1 9/10 $89,000,000 -7.3
31 34 Marks Paneth & Shron LLP / New York
Arthur E. Cannata
Mark Levenfus
4 12/10 $86,358,000 1.3
32 35 Carr, Riggs & Ingram LLC / Enterprise, Ala. William H. Carr 15 9/10 $85,850,577 -1.0
33 37 WithumSmith+Brown PC / Princeton, N.J. William R. Hagaman Jr. 14 6/11 $76,300,000 4.5
34 36 Rehmann / Saginaw, Mich. Steven D. Kelly 16 12/10 $74,989,270 0.0
35 39 Armanino McKenna LLP / San Ramon, Calif. Andy Armanino 5 12/10 $71,446,693 9.0
36 38 Kearney & Company / Alexandria, Va. Ed Kearney 2 12/10 $70,118,399 9.6
37 42 Morrison, Brown, Argiz & Farra LLP / Miami Antonio L. Argiz 7 12/10 $68,100,000 4.0
38 40 Weaver / Fort Worth, Texas Tommy D. Lawler 6 5/11 $66,414,681 -0.4
39 41 Burr Pilger Mayer Inc. / San Francisco Stephen D. Mayer 6 12/10 $65,960,297 1.0
40 44 Novogradac & Company LLP / San Francisco Michael J. Novogradac 12 12/10 $65,409,310 10.0
41 45 SS&G Financial Services Inc. / Cleveland Gary Shamis 8 12/10 $64,805,096 3.8
42 47 Friedman LLP


/ New York Bruce A. Madnick 4 12/10 $64,200,000 3.0
43 48 Holthouse Carlin & Van Trigt LLP / Los Angeles Philip J. Holthouse 6 12/10 $63,715,670 9.9
44 58
O’Connor Davies Munns & Dobbins LLP / Harrison, N.Y. Kevin J. Keane 6 12/10 $63,500,000 7.5
45 43 Schenck SC / Appleton, Wis. William D. Goodman 8 9/10 $62,523,680 -1.8
46 53 RubinBrown LLP

/ St. Louis
James Castellano
John Herber Jr.
3 5/11 $61,715,000 6.7
47 46 Habif, Arogeti & Wynne LLP / Atlanta Joseph D. Simms 2 12/10 $58,984,000 0.0
48 52 Elliott Davis LLC / Greenville, S.C.

Richard E. Davis 10 6/11 $57,557,980 5.3
49 50 Lattimore Black Morgan & Cain PC / Brentwood, Tenn. David Morgan 3 5/11 $55,583,146 0.1
50 55 Sikich LLP / Aurora, Ill. James A. Sikich 9 12/10 $55,201,278 -2.4

Editor’s Note:

Firm reported only net revenue, data not verified against gross.
WND
Cherry, Bekaert & Holland did not disclose
organic growth, which would exclude merger activity for the firm’s reporting period; net revenue growth includes revenue from
mergers, but the percentage change excludes merger revenue.
7
Changed named from Citrin Cooperman & Company LLP.

Firm
provided the same gross revenue and net revenue data.

Source: INSIDE Public Accounting
www.insidepublicaccounting.com

AUGUST 2011 INSIDE PUBLIC ACCOUNTING / 5

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INSIDE PUBLIC ACCOUNTING
THE 2011 TOP 100 FIRMS
RANKED BY U.S. NET REVENUE

RANK
’11 ’10 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
51 51 Ehrhardt Keefe Steiner & Hottman PC / Denver Bob Hottman 3 9/10 $54,596,351 -1.4
52 67 Kaufman Rossin Group / Miami James R. Kaufman 7 5/11 $51,200,000 15.1
53 56 Blackman Kallick LLP / Chicago Steven Schneider 1 12/10 $50,471,336 0.2
54 72 Blue & Co. LLC / Carmel, Ind. Douglas M. Hasler 8 12/10 $50,467,447 3.6
55 68 Argy, Wiltse & Robinson PC / McLean, Va. Paul J. Argy 3 12/10 $50,003,865 13.9
56 66 Rosen Seymour Shapss Martin & Co. LLP

/ New York Martin Greenberg 4 12/10 $49,600,000 5.0
57 57 Schneider Downs & Co. Inc.

/ Pittsburgh Raymond W. Buehler Jr. 2 6/11 $48,500,000 -3.3
58 60 Frank, Rimerman + Co. LLP / Palo Alto, Calif. Bryan C. Polster 5 5/11 $47,500,000 1.1
59 54 Aronson LLC
8 9
/ Rockville, Md. Jeffery P. Capron 1 12/10 $47,350,000 -4.0
60 61 SC&H Group LLC / Sparks, Md. Ronald M. Causey 3 12/10 $46,295,688 -1.2
61 70 Watkins Meegan LLC / Bethesda, Md. Michael R. Micholas 4 12/10 $46,200,000 7.4
62 63 Hein & Associates LLP / Denver Brian Mandell-Rice 4 12/10 $45,915,330 1.0
63 49 Horne LLP / Ridgeland, Miss. Hugh J. Parker 11 12/10 $45,804,043 -18.7
64 64 SVA Certified Public Accountants SC / Madison, Wis. Jack Cotton 5 5/11 $45,799,647 1.3
65 62 Katz, Sapper & Miller / Indianapolis David Resnick 1 12/10 $45,355,000 -3.0
66 69 Clark, Schaefer, Hackett & Co.

/ Cincinnati Carl R. Coburn 5 6/11 $44,943,536 3.0
67 65 Blum, Shapiro & Company PC / West Hartford, Conn. Carl R. Johnson 2 12/10 $44,111,633 -1.9
68 73 The Bonadio Group / Pittsford, N.Y. Thomas Bonadio 6 4/11 $41,965,109 1.4
69 NR The Siegfried Group LLP / Wilmington, Del. Robert L. Siegfried Jr. 16 12/10 $41,092,005 5.6
70 80
Warren, Averett, Kimbrough & Marino LLC /
Birmingham, Ala.
James A. Warren 4 6/11 $40,433,235 11.0
71 76 Margolin, Winer & Evens LLP

/ Garden City, N.Y. Teddy Selinger 2 12/10 $39,000,000 -2.5
72 77 Postlethwaite & Netterville APAC / Baton Rouge, La. William E. Balhoff 10 4/11 $38,537,708 1.0
73 78 Doeren Mayhew

/ Troy, Mich. Mark A. Crawford 2 9/10 $37,700,000 4.4
74 79 SingerLewak / Los Angeles David Krajanowski 5 12/10 $37,120,389 2.1
75 84 Freed Maxick & Battaglia CPAs PC / Buffalo, N.Y. Ronald J. Soluri Sr. 3 4/11 $35,751,173 4.8

Editor’s Note:

Firm provided the same gross revenue and net revenue data.
8
Changed name from Aronson & Company.
9
Changed FYE to 12/10, reported data from 05/10 through 12/10.

NR = Not ranked in 2010.


Source: INSIDE Public Accounting
www.insidepublicaccounting.com


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INSIDE PUBLIC ACCOUNTING
THE 2011 TOP 100 FIRMS
RANKED BY U.S. NET REVENUE

RANK
’11 ’10 FIRM / HEADQUARTERS MP / CEO OFFICES FYE NET REVENUE % CHG.
76 97 BerryDunn
10
/ Portland, Maine John M. Chandler 4 6/11 $34,947,795 14.0
77 87 Frazier & Deeter LLC / Atlanta W. Seth McDaniel 3 12/10 $34,889,000 5.0
78 81 Holtz Rubenstein Reminick LLP / Melville, N.Y. Francis J. Candia 2 9/10 $34,463,635 -4.1
79 83
Squar, Milner, Peterson, Miranda & Williamson LLP /
Newport Beach, Calif.
Stephen P. Milner 5 12/10 $34,378,007 -1.0
80 82 Lurie Besikof Lapidus & Company LLP

/ Minneapolis Beth Kieffer Leonard 1 4/11 $34,200,000 -4.0
81 91 Alpern Rosenthal / Pittsburgh Alexander Paul 3 12/10 $34,065,276 8.8
82 71 Hill, Barth & King LLC / Boardman, Ohio Chris Allegretti 12 8/10 $33,500,000 -4.9
83 74 Joseph Decosimo and Company / Chattanooga, Tenn. Nick Decosimo 8 12/10 $33,500,000 -18.2
*

84 90 Cohen & Company / Cleveland Randy Myeroff 8 1/11 $33,441,926 5.0
85 85 Raffa, PC / Washington, D.C. Thomas J. Raffa 3 12/10 $33,387,057 -1.0
86 86 Mohler, Nixon & Williams / Campbell, Calif. Steve Vidlock 3 4/11 $32,838,202 -2.3
87 105 Honkamp Krueger & Co. PC / Dubuque, Iowa Gregory C. Burbach 5 12/10 $32,139,270 13.9
88 98 Whitley Penn LLP / Fort Worth, Texas Larry G. Autrey 2 12/10 $32,067,688 5.3
89 92 Seiler LLP / Redwood City, Calif. James DeMartini III 2 12/10 $31,900,000 0.3
90 94 AKT LLP CPAs and Business Consultants
11
/ Salem, Ore. Stephen M. Tatone 5 12/10 $31,838,600 2.8
91 88 Mauldin & Jenkins LLC / Atlanta Donald L. Luker 4 5/11 $31,816,479 -2.0
92 89
Vavrinek, Trine, Day and Co. LLP /
Rancho Cucamonga, Calif.
Ronald S. White 6 12/10 $31,807,942 -1.0
93 93 Kemper CPA Group LLP / Greenfield, Ind. Ronald J. Dezelan 22 4/11 $31,429,876 -0.5
94 96 Kennedy and Coe LLC / Salina, Kan. Kurt Siemers 8 3/11 $30,463,288 -0.9
95 108 MGO
12
/ Sacramento, Calif. Kevin O’Connell 7 12/10 $29,916,685 -8.5
96 99 Berkowitz Dick Pollack & Brant LLP / Miami Richard A. Berkowitz 3 12/10 $29,511,545 -2.6
97 95 Rea & Associates Inc. / New Philadelphia, Ohio Lee Beall 11 10/10 $29,060,000 -7.2
98 100 CCR LLP

/ Westborough, Mass. David A. Platt 5 12/10 $28,922,856 -2.5
99 106 Wiss & Company LLP / Livingston, N.J. Jeffrey Campo 4 3/11 $28,205,000 -2.5
100 102 Yeo & Yeo PC / Saginaw, Mich. John M. Kunitzer 8 12/10 $28,114,662 0.5

Editor’s Note:
10
Changed named from Berry, Dunn, McNeil & Parker.

Firm provided the same gross revenue and net revenue
data. * Firm readjusted net revenue figures from 2010.
11
Changed named from AKT Services LLP.
12
Changed named from
Macias Gini O’Connell LLP.

Source: INSIDE Public Accounting
www.insidepublicaccounting.com

AUGUST 2011 INSIDE PUBLIC ACCOUNTING / 7

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August 2010
Volume 24, Number 8

TOP 100 TRENDS
Staffing 2
The Highs And Lows 3
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TOP 100 U.S. FIRMS
The Complete Listing
Of The Nation’s Largest
Accounting Firms 4

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Special Reporting Of
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THE INSIDE PUBLIC ACCOUNTING
2010 TOP 100 ACCOUNTING FIRMS

INSIDE Public Accounting (IPA) is pleased to present the 20
th
annual report on
the nation’s Top 100 accounting firms. IPA’s independent rankings are among
the longest-running, most accurate and up-to-date of the nation’s largest
accounting firms.

“Benjamin Franklin may have discovered electricity, but it is the man who
invented the meter who made the money.” – Earl Wilson, Columnist.

Resiliency, Adaptability And Creativity
Guide The IPA Top 100

Strategy drives tactics. Tactics drive headlines. The
headline this year focuses on the ability of the IPA
Top 100 to move, pivot, change and adapt.
Throughout the country, strategic discussions took
place among owners to figure out how to react to
the challenging economy and how to best position
their firms for success once a recovery begins.

“TIGHTEN THE BELT!” was the battle cry for
most. But beyond that, strategies were as varied as
the firms that pursued them.

How do we preserve partner compensation? Scale back or get rid of
unproductive owners, as 16% reported. How do we shore up the bottom line?
Reduce staff, as 60% reported, or close some offices, as 18% reported. How
do we demonstrate leadership and protect the staff? Require partners to take
pay cuts while keeping staff pay neutral, as 35% reported. How do we remain
independent and grow? Merge in smaller firms, as 20% reported. How do we
compete at the highest levels? Re-brand with an international presence, as
New York City-based WeiserMazars did, or create a merger of equals, as
Reading, Pa.-based Beard Miller Company and Philadelphia-based Parente
Randolph did. Merge with larger Top 100 firms, as both Vienna, Va.-based
Excerpted From
The 2010
August Issue
INSIDE PUBLIC ACCOUNTING / 2 August 2010

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Beers + Cutler, and Boston-based Caturano and Company did. News on the street is
there are more Top 100 mergers in the works.

As a group, the IPA Top 100 had come to expect double-digit growth in revenue and
income for most of this (past) decade. Now, regardless if you are on the East Coast, West
Coast or in the center of the country, flat is good. Maintaining revenue, income and
compensation was the target during the past year. Thirty-five firms reported a drop in
equity partner compensation this past year.

Most are very optimistic about the future. After belt-tightening, thinning out less
productive staff and partners, and making the proper integration of systems and processes
from mergers over the past few years, firms are poised for a quick recovery. Having
learned the hard lessons of the Great Recession, IPA Top 100 firms are better prepared for
the future and are eagerly awaiting the turnaround to a stronger world economy. IPA




For the complete list of the IPA Top 100, see pages 3-6. IPA provides both the fiscal month and year-end data for all
IPA Top 100 firms and ranks firms by net revenue, unless otherwise noted. For ranking purposes, all IPA Top 100 firms
must be able to show that they have a percentage of attest fees in order to be considered an accounting firm.


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INSIDE PUBLIC ACCOUNTING / 3 August 2010

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INSIDE PUBLIC ACCOUNTING
THE 2010 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK NO. OF YEAR NET %
‘10 ‘09 FIRM / HEADQUARTERS MP / CEO OFFICES END REVENUE CHG.

1 1 Deloitte LLP & Subsidiaries / New York Barry Salzberg 100 5/10 $10,938,000,000 2.0
2 2 Ernst & Young LLP
1
/ New York James S. Turley 80 6/09 $7,620,000,000 -5.6
3 3 PricewaterhouseCoopers LLP / New York Robert Moritz 76 6/09 $7,369,000,000 -2.8
4 4 KPMG
1
LLP / New York Timothy P. Flynn 88 9/09 $5,076,000,000 -10.6
5 5
RSM McGladrey Inc. and McGladrey & Pullen LLP
2
/
Minneapolis
C. E. Andrews
David Scudder
88 4/10 $1,378,867,000 -5.6
6 6 Grant Thornton LLP / Chicago Stephen Chipman 52 12/09 $1,147,809,000 -5.2
7 8
CBIZ Inc. & Mayer Hoffman McCann PC
4
/
Cleveland / Leawood, Kan.
Dave Sibits
Bill Hancock
144 / 36 12/09 $599,270,000 8.3
8 7 BDO USA LLP
3
/ Chicago Jack Weisbaum 39 6/10 $585,000,000 -5.6
9 9 Crowe Horwath LLP / Oak Brook, Ill. Charles M. Allen 26 3/10 $481,292,473 -5.2
10 10 BKD LLP / Springfield, Mo. Neal D. Spencer 30 5/10 $389,464,239 -0.4
11 11 Moss Adams LLP / Seattle Rick Anderson 18 12/09 $322,000,000 -4.2
12 12 Plante & Moran PLLC / Southfield, Mich. Gordon E. Krater 20 6/10 $296,000,000 -2.0
13 14 Clifton Gunderson LLP / Milwaukee Krista M. McMasters 41 5/10 $241,008,817 -3.2
14 17 Baker Tilly Virchow Krause LLP / Chicago Timothy Christen 11 5/10 $238,000,000 -8.9
15 20 Marcum
5
LLP / New York Jeffrey M. Weiner 17 12/09 $233,754,427 -4.8
16 15 J.H. Cohn LLP / Roseland, N.J. Thomas J. Marino 10 1/10 $232,358,000 -5.0
17 16 UHY Advisors Inc.
6
/ Chicago
Anthony Frabotta
Rick Stein
18 12/09 $228,275,000 -7.1
18 19 LarsonAllen LLP / Minneapolis Gordon A. Viere 19 10/09 $217,866,000 0.0
19 13 Reznick Group PC / Bethesda, Md. Kenneth Baggett 10 5/10 $195,500,000 -11.2
20 18 Dixon Hughes PLLC / High Point, N.C. Ken Hughes 21 5/10 $194,000,000 -7.7
21
35/
36
ParenteBeard LLC / Philadelphia Robert J. Ciaruffoli 25 12/09 $171,449,771 14.7
22 21 Rothstein Kass / Roseland, N.J.
Steven Kass
Howard Altman
8 12/09 $169,475,000 1.0
23 22 Eide Bailly LLP / Fargo, N.D. Jerry A. Topp 19 4/10 $151,798,263 1.5
24 23 Eisner LLP / New York Charles Weinstein 3 1/10 $134,729,000 1.0
25 24 WeiserMazars LLP
7
/ New York Douglas A. Phillips 5 12/09 $124,400,000 4.0
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA Top 100 ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net
revenue includes revenue from mergers/acquisitions. Percentage change excludes mergers/acquisitions revenue and reflects organic growth only.
1
Gross revenue
reported.
2
RSM McGladrey Inc. and McGladrey & Pullen have an alternative practice structure.
3
Changed name from BDO Seidman.
4
CBIZ, Inc. and Mayer
Hoffman McCann PC have an alternative practice structure.
5
Changed name from Marcum & Kliegman
6
UHY Advisors and UHY LLP are affiliated through an
alternative practice structure.
7
Changed name from Weiser LLP; merged with Mazars.
Source: INSIDE Public Accounting
Copyright © 2010 The Platt Group / INSIDE Public Accounting

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INSIDE PUBLIC ACCOUNTING
THE 2010 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK NO. OF YEAR NET %
‘10 ‘09 FIRM / HEADQUARTERS MP / CEO OFFICES END REVENUE CHG.

26 26 Wipfli LLP / Milwaukee Rick Dreher 14 5/10 $114,400,000 0.2
27 25 Amper, Politziner & Mattia LLP / Edison, N.J. Howard Cohen 7 3/10 $114,222,000 -4.8
28 28 Cherry, Bekaert & Holland LLP / Richmond, Va. Howard Kies 14 4/10 $98,377,046 -0.2
29 29 Anchin, Block & Anchin LLP / New York Frank A. Schettino 1 9/09 $96,000,000 -0.6
30 27 LECG-SMART
8
/ Devon, Pa. Steve Samek 11 12/09 $93,573,599 -5.4
31 33 Citrin Cooperman & Company LLP / New York Joel A. Cooperman 5 12/09 $90,000,000 5.0
32 30 Berdon LLP / New York Stanley H. Freundlich 2 12/09 $88,000,000 -7.4
33 32 Goodman & Company LLP

/ Virginia Beach, Va.

Thomas Wilson 10 6/10 $87,650,000 -0.9
34 31
Marks Paneth & Shron LLP / New York
Arthur E. Cannata
Mark Levenfus
4 12/09 $86,223,000 -8.7
35 34 Carr, Riggs & Ingram LLC / Enterprise, Ala. William H. Carr 14 9/09 $83,527,232 8.9
36 41 Rehmann / Saginaw, Mich. Steven D. Kelly 11 12/09 $72,916,222 -0.2
37 38 WithumSmith+Brown PC / Princeton, N.J. William R. Hagaman Jr. 13 6/10 $72,320,000 0.5
38 63 Kearney & Company / Alexandria, Va. Ed Kearney 2 12/09 $66,137,311 38.7
39 37 Armanino McKenna LLP / San Ramon, Calif. Andy Armanino 3 12/09 $65,378,495 -10.8
40 50 Weaver
9
/ Fort Worth, Texas Tommy D. Lawler 6 5/10 $65,310,892 -1.7
41 53 Burr Pilger Mayer Inc. / San Francisco Stephen D. Mayer 6 12/09 $64,840,251 3.0
42 45 Morrison, Brown, Argiz & Farra LLP / Miami Antonio L. Argiz 6 12/09 $64,200,000 8.6
43 42 Schenck SC
10
/ Appleton, Wis. William D. Goodman 8 9/09 $63,667,343 2.2
44 54 Novogradac & Company LLP / San Francisco Michael J. Novogradac 12 12/09 $59,423,887 8.0
45 51 SS&G Financial Services Inc. / Cleveland Gary Shamis 8 12/09 $59,421,462 3.0
46 46 Habif, Arogeti & Wynne LLP / Atlanta Joseph D. Simms 2 12/09 $59,005,000 -0.1
47 44 Friedman LLP / New York Bruce A. Madnick 3 12/09 $58,037,567 -2.0
48 47 Holthouse Carlin & Van Trigt LLP / Santa Monica, Calif. Philip J. Holthouse 7 12/09 $56,770,433 -1.8
49 48 Horne LLP / Ridgeland, Miss. Hugh J. Parker 13 12/09 $56,368,898 -4.3
50 52 Lattimore Black Morgan & Cain PC / Brentwood, Tenn.
David Morgan
R. Michael Cain
3 5/10 $55,510,786 -3.0
Editor’s Note:
8
Changed name from SMART Business Advisory and Consulting.
9
Changed name from Weaver and Tidwell.
10
Changed name from Schenck Business Solutions.

Source: INSIDE Public Accounting
Copyright © 2010 The Platt Group / INSIDE Public Accounting

INSIDE PUBLIC ACCOUNTING / 5 August 2010

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT © 2010 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING

INSIDE PUBLIC ACCOUNTING
THE 2010 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK NO. OF YEAR NET %
‘10 ‘09 FIRM / HEADQUARTERS MP / CEO OFFICES END REVENUE CHG.

51 59 Ehrhardt Keefe Steiner & Hottman PC / Denver Bob Hottman 3 9/09 $55,361,027 4.8
52 55 Elliott Davis LLC / Greenville, S.C.

Richard E. Davis 11 6/10 $54,678,144 1.8
53 56 RubinBrown LLP / St. Louis
James Castellano
John Herber Jr.
2 5/10 $54,272,000 1.1
54 49 Aronson & Company

/ Rockville, Md. Jeffery P. Capron 1 5/10 $54,260,000 -7.0
55 68 Sikich LLP / Aurora, Ill. James A. Sikich 10 12/09 $52,105,538 3.0
56 57 Blackman Kallick LLP / Chicago Steven Schneider 1 12/09 $51,167,465 -3.7
57 58 Schneider Downs & Co. Inc.

/ Pittsburgh Raymond W. Buehler Jr. 2 6/10 $50,200,000 -5.0
58 66 O’Connor Davies Munns & Dobbins LLP / New York
Kevin J. Keane 6 12/09 $50,000,000 10.0
59 NR Frazer Frost LLP / Little Rock, Ark.
Daniel M. Peregrin
Dean Yamagata
5 5/10 $48,736,387 -0.4
60 65 Frank, Rimerman + Co. LLP / Palo Alto, Calif. Bryan C. Polster 5 5/10 $48,000,000 2.0
61 61 SC&H Group LLC / Sparks, Md. Ronald C. Causey 3 12/09 $47,841,043 -6.2
62 67 Katz, Sapper & Miller / Indianapolis David Resnick 1 12/09 $46,756,000 1.1
63 60 Hein & Associates LLP / Denver Larry Unruh 4 12/09 $45,779,161 -12.0
64 62 SVA Certified Public Accountants SC
11
/ Madison, Wis. Jack Cotton 5 5/10 $45,234,068 -7.4
65 72 Blum, Shapiro & Company PC / West Hartford, Conn. Carl R. Johnson 3 12/09 $44,969,876 -4.0
66 73 Rosen Seymour Shapss Martin & Co. LLP / New York Martin Greenberg 2 12/09 $44,965,000 9.3
67 64 Kaufman Rossin Group / Miami James R. Kaufman 6 5/10 $44,500,000 -5.3
68 74 Argy, Wiltse & Robinson PC / McLean, Va. Paul J. Argy 3 12/09 $43,912,240 7.1
69 69 Clark, Schaefer, Hackett & Co.

/ Middletown, Ohio Carl R. Coburn 7 6/10 $43,559,628 -0.1
70 75 Watkins Meegan LLC / Bethesda, Md. Michael R. Micholas 4 12/09 $43,000,000 5.0
71 70 Hill, Barth & King LLC / Boardman, Ohio Chris Allegretti 14 8/09 $42,000,000 -3.6
72 81 Blue & Co. LLC / Carmel, Ind. Douglas M. Hasler 6 12/09 $41,840,363 12.0
73 85 The Bonadio Group / Pittsford, N.Y. Thomas Bonadio 6 4/10 $41,399,278 10.9
74 77 Joseph Decosimo and Company / Chattanooga, Tenn. Nick Decosimo 8 12/09 $41,000,000 1.5
75 76 LeMaster & Daniels PLLC / Spokane, Wash. Scott J. Dietzen 11 5/10 $40,351,331 -2.1
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers/acquisitions. Percentage change excludes mergers/acquisitions revenue and reflects organic growth only.
Editor’s Note: NR = Not ranked in 2009.
11
Changed name from Suby, Von Haden & Associates.

Source: INSIDE Public Accounting
Copyright © 2010 The Platt Group / INSIDE Public Accounting

INSIDE PUBLIC ACCOUNTING / 6 August 2010

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT CONSENT. COPYRIGHT © 2010 THE PLATT GROUP/INSIDE PUBLIC ACCOUNTING

INSIDE PUBLIC ACCOUNTING
THE 2010 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK NO. OF YEAR NET %
‘10 ‘09 FIRM / HEADQUARTERS MP / CEO OFFICES END REVENUE CHG.

76 71 Margolin, Winer & Evens LLP
1
/ Garden City, N.Y. Teddy Selinger 2 12/09 $40,000,000 -5.9
77 86 Postlethwaite & Netterville APAC / Baton Rouge, La. Bill Balhoff 10 4/10 $38,169,687 6.8
78 87 Doeren Mayhew

/ Troy, Mich. Mark A. Crawford 1 9/09 $37,450,000 5.3
79 84 SingerLewak / Los Angeles David Krajanowski 6 12/09 $36,348,471 -1.9
80 78
Warren Averett Kimbrough & Marino LLC /
Birmingham, Ala.
James A. Warren 3 6/10 $36,300,000 0.0
81 79 Holtz Rubenstein Reminick LLP / Melville, N.Y. Francis J. Candia 2 9/09 $35,930,367 -6.1
82 80 Lurie Besikof Lapidus & Company LLP / Minneapolis Beth Kieffer Leonard 1 4/10 $35,700,000 -4.8
83 82
Squar, Milner, Peterson, Miranda & Williamson LLP /
Newport Beach, Calif.
Stephen P. Milner 4 12/09 $34,557,258 -7.0
84 95 Freed Maxick & Battaglia CPAs PC / Buffalo, N.Y. Robert M. Glaser 3 4/10 $34,120,130 5.8
85 99 Raffa, PC / Washington, D.C. Thomas J. Raffa 3 12/09 $33,684,465 6.4
86 83 Mohler Nixon & Williams / Campbell, Calif. Leinani Nakamura 3 4/10 $33,611,837 -9.0
87 93 Frazier & Deeter LLC / Atlanta W. Seth McDaniel 3 12/09 $33,214,000 2.8
88 98 Mauldin & Jenkins LLC / Atlanta Donald L. Luker 4 5/10 $32,480,254 0.9
89 89
Vavrinek, Trine, Day and Co. LLP /
Rancho Cucamonga, Calif.
Ronald S. White 5 12/09 $32,384,976 -0.5
90 NR Cohen & Company / Cleveland Randy Myeroff 8 1/10 $31,846,830 3.4
91 88 Alpern Rosenthal / Pittsburgh Alexander Paul 2 12/09 $31,840,816 -2.7
92 91 Seiler LLP / Redwood City, Calif. James G.B. DeMartini III 2 12/09 $31,800,000 -2.2
93 92 Kemper CPA Group LLP / Greenfield, Ind. Ronald J. Dezelan 24 4/10 $31,582,696 2.4
94 NR AKT Services LLP / Salem, Ore. Stephen M. Tatone 5 12/09 $31,316,800 2.6
95 97 Rea & Associates Inc. / New Philadelphia, Ohio Lee Beall 11 10/09 $31,308,000 -2.8
96 NR Kennedy and Coe LLC / Salina, Kan. Kurt Siemers 8 3/10 $30,736,646 -3.7
97 NR Berry, Dunn, McNeil & Parker / Portland, Maine John M. Chandler 3 6/10 $30,621,000 5.0
98 90 Whitley Penn LLP / Fort Worth, Texas Larry G. Autrey 2 12/09 $30,374,182 -6.6
99 100 Berkowitz Dick Pollack & Brant LLP / Miami Richard A. Berkowitz 3 12/09 $30,152,405 -2.3
100 94 CCR LLP

/ Westborough, Mass. David A. Platt 4 12/09 $29,666,096 -8.1
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers/acquisitions. Percentage change excludes mergers/acquisitions revenue and reflects organic growth only.
1
Gross revenue reported. NR = Not ranked in 2009.
Source: INSIDE Public Accounting
Copyright © 2010 The Platt Group / INSIDE Public Accounting

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INSIDE PUBLIC ACCOUNTING / 1 August 2009

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THE INSIDE PUBLIC ACCOUNTING
2009 TOP 100 ACCOUNTING FIRMS
EXCERPTED FROM THE AUGUST ’09 ISSUE

INSIDE Public Accounting is pleased to present our 19
th
annual report
*
on the
nation’s Top 100 accounting firms. IPA’s rankings are one of the longest running,
most accurate and up-to-date rankings of the nation’s largest accounting firms.

“In The Middle Of Difficulty Lies Opportunity.” – Albert Einstein

It comes as no surprise to anyone that the economic downturn has hit the
profession. But how hard? Where? When?

For the IPA Top 100 firms, the four-year run of double-digit growth has
ended, but they still report a respectable 7.13% growth rate on average. Net
income growth, however, is flat as we moved from an almost 15% growth rate
last year to not quite maintaining that level (actually a slight negative: -0.12%)
this year 2008-09.

The story gains a clearer focus when we start looking regionally. Firms in the
Great Plains and the Great Lakes saw net income grow slightly this year. But
firms in the Northeast, Atlantic, Southeast and the West – where there had
been substantial growth in the past few years – all saw a decline in net
income.

Two years ago, in August 2007, IPA spotlighted firms in the West and referred
to “the good life,” with growth rates sizzling above 30% and net income up a
whopping 38%. Twenty-four months later, Western firms are still growing at
6.8%, but net income is down 3% over last year.

Profit margins for the Top 100 as a group dipped below
30% for the first time during this decade, with average net
income for the Top 100 at 29% of net fees. Also indicative
of the downturn – percentage billable by partners (45%) –
settled in at a new low for the decade.


(For the complete list of the IPA Top 100, see pages 2-5.)
*IPA provides both the fiscal month and year-end data for all IPA Top 100 firms and ranks
firms by net revenue, unless otherwise stated.
August 2009
Volume 23, Number 8


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INSIDE PUBLIC ACCOUNTING / 2 August 2009

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT PUBLISHER’S CONSENT. COPYRIGHT © 2009, THE PLATT GROUP

INSIDE PUBLIC ACCOUNTING
IPA’S 2009 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK FIRM / CHIEF NO. OF YEAR NET %
09 08 HEADQUARTERS EXECUTIVE OFFICES END REVENUE CHG.

1 1 Deloitte LLP / New York Barry Salzberg 102 5/09 $10,694,000,000 -2.6%
2 2 Ernst & Young / New York James Turley 86 6/08 $8,074,000,000 6.8
3 3 PricewaterhouseCoopers / New York Robert Moritz 74 6/08 $7,578,000,000 1.5
4 4 KPMG LLP
1
/ New York Timothy P. Flynn 88 9/08 $5,679,000,000 6.0
5 5
RSM McGladrey Inc. / McGladrey & Pullen
2
/
Minneapolis
C. E. Andrews
David Scudder
93 4/09 $1,460,715,000 -0.5
6 6 Grant Thornton / Chicago Edward E. Nusbaum 51 12/08 $1,210,341,000 6.5
7 7 BDO Seidman / Chicago Jack Weisbaum 37 6/09 $620,000,000 -5.9
8 8
CBIZ / Mayer Hoffman McCann
3

Cleveland / Leawood, Kan.
Dave Sibits
Bill Hancock
144/38 12/08 $553,110,000 10.5
9 9 Crowe Horwath
4
, Oak Brook Terrace, Ill. Charles M. Allen 25 3/09 $507,815,000 3.1
10 10 BKD, LLP / Springfield, Mo. Neal D. Spencer 32 5/09 $391,174,693 3.6
11 11 Moss Adams / Seattle Rick Anderson 18 12/08 $336,000,000 6.6
12 12 Plante & Moran/ Southfield, Mich. Gordon E. Krater 19 6/09 $302,000,000 3.8
13 13 Reznick Group/ Bethesda, Md. Kenneth Baggett 10 5/09 $257,853,096 -6.4
14 14 Clifton Gunderson / Milwaukee Krista M. McMasters 47 5/09 $253,127,386 2.4
15 16 J.H. Cohn / Roseland, N.J. Thomas J. Marino 11 1/09 $246,440,000 2.0
16 15 UHY Advisors
5
/ Chicago
Anthony Frabotta
Rick Stein
19 12/08 $245,648,200 0.2
17 17 Baker Tilly Virchow Krause
6
/ Madison, Wis. Timothy Christen 10 5/09 $207,200,000 -4.1
18 18 Dixon Hughes / High Point, N.C. Ken Hughes 22 5/09 $203,780,000 2.0
19 19 LarsonAllen LLP / Minneapolis Gordon A. Viere 17 10/08 $201,109,000 14.2
20 23 Marcum & Kliegman / Melville, N.Y. Jeffrey M. Weiner 10 12/08 $182,557,946 14.0
21 20 Rothstein Kass / Roseland, N.J.
Steven Kass
Howard Altman
8 12/08 $168,487,000 27.4
22 24 Eide Bailly / Fargo, N.D. Jerry A. Topp 19 4/09 $142,303,556 11.6
23 22 Eisner LLP / New York Charles Weinstein 3 1/09 $133,254,000 9.3
24 21 Weiser LLP / New York Douglas A. Phillips 4 12/08 $130,000,000 4.0
25 27 Amper, Politziner & Mattia / Edison, N.J. Howard Cohen 8 3/09 $119,939,000 9.2
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.
1
Gross revenue reported.
2
RSM McGladrey Inc.
and McGladrey & Pullen have an alternative practice structure. RSM McGladrey is not a licensed CPA firm.
3
CBIZ and Mayer Hoffman McCann have an
alternative practice structure. The two companies are separate and independent legal entities.
4
Name change from Crowe Group.
5
UHY Advisors and UHY LLP
are affiliated through an alternative practice structure.
6
Name change from Virchow Krause.
Source: The Platt Group / INSIDE Public Accounting
INSIDE PUBLIC ACCOUNTING / 3 August 2009

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT PUBLISHER’S CONSENT. COPYRIGHT © 2009, THE PLATT GROUP

INSIDE PUBLIC ACCOUNTING
IPA’S 2009 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK FIRM / CHIEF NO. OF YEAR NET %
09 08 HEADQUARTERS EXECUTIVE OFFICES END REVENUE CHG.

26 26 Wipfli LLP / Milwaukee Rick Dreher 15 5/09 $114,000,000 7.1
27 25 SMART Business Advisory and Consulting
7
/ Devon, Pa. Steve Samek 13 12/08 $98,889,000 -10.7
28 32 Cherry, Bekaert & Holland/ Richmond, Va. Howard Kies 14 4/09 $98,577,189 7.0
29 30 Anchin, Block & Anchin / New York Frank A. Schettino 1 9/08 $96,600,000 6.0
30 31 Berdon LLP / New York Stanley H. Freundlich 2 12/08 $95,000,000 11.8
31 33
Marks Paneth & Shron / New York
Arthur E. Cannata
Mark Levenfus
4 12/08 $89,876,000 15.5
32 29 Goodman & Company/ Virginia Beach, Va. Thomas Wilson 10 6/09 $88,450,000 2.4
33 34 Citrin Cooperman & Company / New York Joel A. Cooperman 5 12/08 $82,000,000 9.0
34 37 Carr, Riggs & Ingram / Enterprise, Ala. William H. Carr 12 9/08 $77,684,257 9.7
35 39 Beard Miller Company (bmc) / Reading, Pa. Lamar R. Stoltzfus 15 12/08 $75,233,643 8.6
36 36 Parente Randolph/ Philadelphia Robert J. Ciaruffoli 12 10/08 $74,287,000 12.4
37 38 Armanino McKenna / San Ramon, Calif. Andy Armanino 3 12/08 $73,269,032 11.1
38 35 WithumSmith+Brown / Princeton, N.J. Ivan C. Brown 11 6/09 $72,103,000 2.7
39 28 The Siegfried Group
8
/ Wilmington, Del. Robert L. Siegfried Jr. 17 12/08 $70,934,764 -17.6
40 42 Caturano and Company
9
/ Boston Richard Caturano 1 6/09 $67,100,000 2.0
41 40 Rehmann
10
/ Saginaw, Mich. Steven D. Kelly 11 12/08 $66,557,930 3.7
42 43 Schenck Business Solutions / Appleton, Wis. William D. Goodman 9 9/08 $62,285,673 6.3
43 44 Beers + Cutler / Vienna, Va. Ed Offterdinger 1 12/08 $60,839,297 7.1
44 53 Friedman LLP / New York Bruce A. Madnick 3 12/08 $59,122,496 14.0
45 45 Morrison, Brown, Argiz & Farra / Miami Antonio L. Argiz 6 12/08 $59,115,000 6.9
46 65 Habif Arogeti & Wynne / Atlanta Joseph D. Simms 1 12/08 $59,078,000 5.0
47 50 Holthouse Carlin & Van Trigt / Santa Monica, Calif. Philip J. Holthouse 6 12/08 $58,922,684 11.9
48 48 Horne LLP / Jackson, Miss. Hugh J. Parker 13 12/08 $58,903,938 9.2
49 46 Aronson & Company/ Rockville, Md. Lisa J. Cines 1 5/09 $58,700,000 5.3
50 54 Weaver and Tidwell / Fort Worth, Texas
Tommy D. Lawler
4 5/09 $58,132,887 5.7
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.
7
Firm divested a service practice line in 2008.
8
Firm consolidated two offices in 2008.
9
Name change from Vitale Caturano & Company.
10
Name change from The Rehmann Group.
Source: The Platt Group / INSIDE Public Accounting

INSIDE PUBLIC ACCOUNTING / 4 August 2009

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT PUBLISHER’S CONSENT. COPYRIGHT © 2009, THE PLATT GROUP

INSIDE PUBLIC ACCOUNTING
IPA’S 2009 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK FIRM / CHIEF NO. OF YEAR NET %
09 08 HEADQUARTERS EXECUTIVE OFFICES END REVENUE CHG.

51 58 SS&G Financial Services / Cleveland Gary Shamis 8 12/08 $57,666,545 18.1
52 47 Lattimore Black Morgan & Cain / Brentwood, Tenn.
David Morgan
R. Michael Cain
3 5/09 $57,136,181 5.0
53 59 Burr Pilger Mayer / San Francisco Stephen D. Mayer 6 12/08 $56,627,920 17.1
54 57 Novogradac & Company / San Francisco Michael J. Novogradac 12 12/08 $55,010,929 12.5
55 60 Elliott Davis / Greenville, S.C.

Richard E. Davis 10 6/09 $53,722,255 11.4
56 51 RubinBrown LLP / St. Louis
James Castellano
John F. Herber Jr.
2 5/09 $53,673,000 2.5
57 61 Blackman Kallick
11
/ Chicago Steve Schneider 1 12/08 $53,125,340 12.7
58 49 Schneider Downs & Co. / Pittsburgh Raymond W. Buehler Jr. 2 6/09 $53,000,000 0.0
59 64 Ehrhardt Keefe Steiner & Hottman / Denver Bob Hottman 3 9/08 $52,811,953 15.0
60 55 Hein & Associates / Denver Larry Unruh 4 12/08 $51,396,279 3.4
61 67 SC&H Group / Sparks, Md. Thomas E. Stout 3 12/08 $50,985,591 22.0
62 62 Suby, Von Haden & Associates / Madison, Wis. Jack Cotton 5 5/09 $48,871,784 3.5
63 97 Kearney & Company / Alexandria, Va. Ed Kearney 3 12/08 $48,383,658 58.6
64 56 Kaufman Rossin Group
12
/ Miami James R. Kaufman 5 5/09 $47,000,000 -4.0
65 63 Frank, Rimerman & Co. / Palo Alto, Calif. Bryan C. Polster 4 5/09 $46,700,000 -0.7
66 66 O’Connor Davies Munns & Dobbins / New York
Kevin J. Keane
Thomas P. Dobbins
5 12/08 $45,500,000 8.3
67 71 Katz, Sapper & Miller / Indianapolis David Resnick 2 12/08 $44,454,000 2.8
68 74 Sikich LLP / Aurora, Ill. James A. Sikich 7 12/08 $43,919,113 8.0
69 68 Clark, Schaefer, Hackett & Co.

/ Middletown, Ohio Carl R. Coburn 6 6/09 $43,586,160 3.2
70 70 Hill, Barth & King / Boardman, Ohio Chris Allegretti 15 8/08 $43,000,000 4.8
71 68 Margolin, Winer & Evens
1
/ Garden City, N.Y. Teddy Selinger 2 12/08 $42,500,000 1.9
72 80 Blum, Shapiro & Co. / West Hartford, Conn. Carl R. Johnson 3 12/08 $41,502,659 13.8
73 86 Rosen Seymour Shapss Martin & Co. / New York Martin Greenberg 2 12/08 $41,150,000 7.0
74 94 Argy, Wiltse & Robinson / McLean, Va. Paul J. Argy 4 12/08 $41,000,327 25.1
75 75 Watkins Meegan LLC
13
/ Bethesda, Md. Michael R. Micholas 4 12/08 $41,000,000 6.0
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.
1
Gross revenue reported.
11
Name change from
Blackman Kallick Bartelstein.
12
Name change from Kaufman, Rossin & Co.
13
Name change from Watkins, Meegan, Drury & Company.
Source: The Platt Group / INSIDE Public Accounting

INSIDE PUBLIC ACCOUNTING / 5 August 2009

IT IS A VIOLATION OF FEDERAL COPYRIGHT LAW TO REPRODUCE ALL OR PART OF THIS PUBLICATION WITHOUT PUBLISHER’S CONSENT. COPYRIGHT © 2009, THE PLATT GROUP

INSIDE PUBLIC ACCOUNTING
IPA’S 2009 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK FIRM / CHIEF NO. OF YEAR NET %
09 08 HEADQUARTERS EXECUTIVE OFFICES END REVENUE CHG.

76 79 LeMaster & Daniels / Spokane, Wash. Scott J. Dietzen 11 5/09 $40,754,120 11.0
77 82 Joseph Decosimo and Company / Chattanooga, Tenn. Nick Decosimo 8 12/08 $40,000,000 12.6
78 83 Warren Averett Kimbrough & Marino / Birmingham, Ala. James A. Warren 3 6/09 $38,838,006 6.0
79 87 Holtz Rubenstein Reminick / Melville, N.Y. Francis J. Candia 2 9/08 $38,253,156 15.4
80 72 Lurie Besikof Lapidus & Company / Minneapolis Beth Kieffer Leonard 1 4/09 $37,500,000 -4.0
81 90 Blue & Co. / Carmel, Ind. Douglas M. Hasler 6 12/08 $37,312,311 15.2
82 78
Squar, Milner, Peterson, Miranda & Williamson /
Newport Beach, Calif.
Stephen P. Milner 4 12/08 $37,217,410 -9.0
83 84 Mohler Nixon & Williams / Campbell, Calif. Leinani Nakamura 3 4/09 $36,919,150 5.5
84 73 SingerLewak / Los Angeles David Krajanowski 6 12/08 $36,848,788 -5.4
85 98 The Bonadio Group / Pittsford, N.Y. Thomas Bonadio 6 4/09 $36,703,000 6.0
86 89 Postlethwaite & Netterville / Baton Rouge, La. Bill Balhoff 10 4/09 $35,757,232 9.5
87 76 Doeren Mayhew
14
/ Troy, Mich. Mark A. Crawford 1 9/08 $35,550,000 -7.3
88 92 Alpern Rosenthal / Pittsburgh Emanuel DiNatale 2 12/08 $32,710,296 1.7
89 NR Vavrinek, Trine, Day & Co.
15
/ Rancho Cucamonga, Calif. Ronald S. White 5 12/08 $32,563,146 14.0
90 NR Whitley Penn / Fort Worth, Texas Larry G. Autrey 2 12/08 $32,531,820 19.7
91 100 Seiler LLP
16
/ Redwood City, Calif. James DeMartini III 2 12/08 $32,500,000 10.0
92 96 Kemper CPA Group / Greenfield, Ind. Ronald J. Dezelan 24 4/09 $32,459,961 3.0
93 100 Frazier & Deeter
16
/ Atlanta David A. Deeter 2 12/08 $32,313,000 9.4
94 91 CCR LLP/ Westborough, Mass. David A. Platt 4 12/08 $32,300,000 0.0
95 NR Freed Maxick & Battaglia
15
/ Buffalo, N.Y. Robert M. Glaser 3 4/09 $32,239,960 10.2
96 88 Stonefield Josephson/ Los Angeles Jeff Garrison 6 12/08 $32,225,795 -1.8
97 NR Rea & Associates
15
/ New Philadelphia, Ohio Lee Beall 13 10/08 $32,200,000 9.3
98 95 Mauldin & Jenkins / Atlanta Elton Wolf 4 5/09 $32,177,843 2.1
99 NR Raffa, P.C. / Washington, D.C. Thomas J. Raffa 2 12/08 $31,668,504 18.0
100 85 Berkowitz Dick Pollack & Brant / Miami Richard A. Berkowitz 2 12/08 $30,846,396 -10.7
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.
14
Firm discontinued Doeren Mayhew Financial
Services Group.
15
Firms returned to the IPA Top 100 rankings after an absence.
16
Tie for No. 100 in 2008.
Source: The Platt Group / INSIDE Public Accounting



INSIDE PUBLIC ACCOUNTING / 6 August 2009

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The IPA Top 100 Firms Growth By Region

The streak of double-digit growth for the IPA Top 100 has ended, but fee growth
continues in postive territory. Income growth, however, all depends on location, with
firms on the coasts struggling to continue to grow net income from the feverish pace
of recent years. I PA



Top 100 Firms (Growth Rate) By Region - 2009
Fees 6.8%
I nc ome -3.2%
Fees 6.6%
I nc ome 4.5%
Fees 7.1%
I nc ome -1.4%
Fees 9.1%
I nc ome -0.7%
Fees 5.4%
I nc ome 4.5%
Source: INSIDE Public Accounting
www.insidepublicaccounting.com

INSIDE PUBLIC ACCOUNTING / 7 August 2009

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©2008 INSIDE PUBLIC ACCOUNTING / The Platt Consulting Group August 2008

`





THE INSIDE PUBLIC ACCOUNTING
2008 TOP 100 ACCOUNTING FIRMS
EXCERPTED FROM THE FULL AUGUST ’08 ISSUE

INSIDE Public Accounting is proud to present our 18th annual report on the
nation’s Top 100 accounting firms – one of the most comprehensive of its kind.
The IPA annual ranking is one of the longest-running reports of accounting firms’
operations and management, and the resulting IPA National Benchmarking
Report has received national honors as the award-winning “Best Single Topic
Product” by the Specialized Information Publishers Association.!
Another Good Year For The Nation’s Top 100, But
Small Cracks In The Armor Are Starting To Show

The Top 100 firms enjoyed their fourth straight year of double-digit
growth, ending with an impressive 14% jump in net fees. Growth in net
income was up 14.6% for these firms, also the fourth year in a row for
double-digit growth. [More information on partner compensation etc., is highlighted
in the full published newsletter.]

Firms in the western U.S. continued their impressive run and charged
forward at a clip of almost 20%, down from 25% growth last year but still
exceptionally strong. [More detailed information is highlighted in the full published
newsletter.]

But amid all the good news are small signs that the sizzling growth over
the past four years is beginning to slow. This year, 10 IPA Top 100 firms
reported a loss in net income and four firms reported a loss in net revenue,
mainly due to divestitures of business service lines and losses of larger
clients due to mergers, acquisitions, etc. !

More detailed information on all the topics covered in the IPA Top 100 are
highlighted in the Special Edition Issue [August 2008]. For your copy,
contact us today at (317) 733-1920.

For the complete listing of the Top 100, go to page 3.
August 2008
Volume 22, Number 8

ABOUT THE PLATT
CONSULTING GROUP
(PCG):

Owned by Michael Platt
and Kelly Platt, (PCG)
provides consulting
services on practice
management, marketing
and leadership development
to accounting firms, and is
the publisher of the
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INSIDE Public Accounting.


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INSIDE PUBLIC ACCOUNTING
A publication of
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SPECIAL EDITION
©2008 INSIDE PUBLIC ACCOUNTING / The Platt Consulting Group August 2008

Top Challenges For ’08

" Staffing - Overall
" Succession Planning
" Managing Growth
" Training and Leadership
Development
" Industry Standards
" Weak Economy
" Health Care Costs
" Waning of SOX
" Technology
" Competition From the
Big Four
Less SOX Work, New Regulations, Sluggish Economy Are
High On MPs’ List Of Concerns This Year

It’s no surprise that succession planning, staffing, retention of staff,
training and growth remain top challenges in ’08. A few noteworthy items
uncovered in this year’s IPA survey: the economy, the waning impact of
SOX, and the ever-increasing requirements of industry standards.

News of the downturn in our economy is all around us, with higher costs
for fuel, energy and health care challenging businesses across the U.S.
Consultants are predicting that the “golden age” of accounting is coming
to an end. Is there any evidence of this in the aggregate financials of firms
across the U.S.? Is the economic slowdown showing up on the books yet?

Overall, the average growth rate of the 2008 IPA Top 100 is still an impressive 14%,
compared to last year’s 15% growth rate. However, some signs indicate a slowdown.

OTHER INFORMATION HIGHLIGHTED IN THE FULL AUGUST 2008 ISSUE OF
INSIDE PUBLIC ACCOUNTING
# TOP 100 SNAPSHOT - Highs And Lows; The Fastest-Growing Firms;
# The Highs and Lows Analysis: Net Income Per Partner; Income As Percent of
Revenue; Partner Compensation / All; Partner Compensation / Equity;
Turnover Percentage and more;
# Rankings Of The IPA 100 Local & Regional
# The IPA 100 Five-Year Growth Record Holders
# Regional Trends - Operational And Financial Performance
# Metrics For The Most Profitable Firms
# The Three-Year Analysis Of Trends And The Up-And-Coming Firms
# Special Reporting Of The IPA 100 Firms
# Making The IPA 100 List: Firms Debuting, Returning And Exiting
# Firms That Rise To The Top - IPA Top 100 Firm Performance – Adjusted For
Cost Of Living
# Readers’ Choice: 2008 IPA Top 100 By The Numbers
# Survey Participants’ Choice: Top Five Most Admired Peers In The Profession
# What Associations Boast The Fastest-Growing Firms In IPA’s Annual
Ranking Of The Top 100?
# Burr, Pilger & Mayer Takes Succession To The Next Level
# PCAOB Bulletin Board
# People In The News
# Firms In The News and MORE…
©2008 INSIDE PUBLIC ACCOUNTING / The Platt Consulting Group August 2008


INSIDE PUBLIC ACCOUNTING
IPA’S 2008 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK FIRM / HEADQUARTERS CHIEF NO. OF YEAR NET %
08 07 LOCATION EXECUTIVE OFFICES END REVENUE CHG.

1 1 Deloitte LLP / New York Barry Salzberg 101 5/08 $10,982,000,000
11.4
2 3 Ernst & Young
1
/ New York James Turley 90 6/07 $7,561,000,000
9.7
3 2 PricewaterhouseCoopers / New York Dennis Nally 75 6/07 $7,464,000,000
7.8
4 4 KPMG
1
/ New York Timothy P. Flynn 89 9/07 $5,357,000,000
11.6
5 5 RSM McGladrey
2,3
/ Minneapolis
Steve Tait
David Scudder
100 4/08 $1,467,640,000 9.0
6 6 Grant Thornton

/ Chicago Edward Nusbaum 52 12/07 $1,074,581,000
14.4
7 7 BDO Seidman / Chicago Jack Weisbaum 37 6/08 $659,000,000
11.9
8 8
CBIZ & Mayer Hoffman McCann
2,4

Cleveland / Leawood, Kan.
Dave Sibits
Bill Hancock
144 12/07 $500,000,071 12.1
9 9 Crowe Group / Oak Brook, Ill. Charles M. Allen 23 3/08 $492,634,000
5.5
10 10 BKD, LLP / Springfield, Mo. Neal D. Spencer 27 5/08 $353,863,400
11.1
11 11 Moss Adams / Seattle Rick Anderson 17 12/07 $315,158,000
15.3
12 12 Plante & Moran

/ Southfield, Mich. William M. Hermann 16 6/08 $286,000,000
6.3
13 16 Reznick Group
5
/ Bethesda, Md. Kenneth Baggett 10 5/08 $275,425,067
20.2
14 14 Clifton Gunderson / Peoria, Ill. Carl R. George 45 5/08 $247,107,099
12.0
15 13 UHY Advisors
2
/ Chicago Steve Samek 20 12/07 $242,369,500
5.2
16 17 J.H. Cohn / Roseland, N.J. Thomas J. Marino 9 1/08 $221,371,000
7.0
17 15 Virchow, Krause & Company / Madison, Wis. Timothy L. Christen 9 5/08 $216,000,000
6.9
18 18 Dixon Hughes / High Point, N.C.
Ken Hughes
Eddie Sams
24 5/08 $194,100,000 11.3
19 19 LarsonAllen / Minneapolis Gordon A. Viere 13 10/07 $172,622,000
23.6
20 25 Rothstein Kass / Roseland, N.J.
Steven Kass
Howard Altman
7 12/07 $132,231,000
38.0
21 20 Weiser LLP / New York Douglas A. Phillips 4 12/07 $125,000,000
9.3
22 21 Eisner LLP / New York Charles Weinstein 3 1/08 $123,474,000
17.3
23 26 Marcum & Kliegman / Melville, N.Y. Jeffrey M. Weiner 4 12/07 $123,260,415
28.0
24 23 Eide Bailly / Fargo, N.D. Jerry A. Topp 13 4/08 $114,586,905
7.8
25 22 SMART Business Advisory and Consulting / Devon, Pa. James J. Smart 14 12/07 $110,725,000
8.4
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.
1
Gross fees reported.
2
Alternative practice
structure.
3
Prior year revenues restated for FY07 and FY08 divestitures.
4
The 2007 revenue reflects divestiture of a consulting practice and 2006 revenue has
been restated for the discontinued operations.
5
Firm changed year-end reporting, but growth reflects a 12-month period only.
©2008 INSIDE PUBLIC ACCOUNTING / The Platt Consulting Group August 2008


INSIDE PUBLIC ACCOUNTING
IPA’S 2008 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK FIRM / HEADQUARTERS CHIEF NO. OF YEAR NET %
08 07 LOCATION EXECUTIVE OFFICES END REVENUE CHG.

26 24 Wipfli LLP / Milwaukee, Wis. Rick Dreher 15 5/08 $107,000,000 9.0
27 28 Amper, Politziner & Mattia / Edison, N.J. Philip Politziner 7 3/08 $87,761,000 17.7
28 NR The Siegfried Group
6
/ Wilmington, Del. Robert L. Siegfried Jr. 19 12/07 $86,100,151 1.4
29 32 Goodman & Company

/ Virginia Beach, Va. Thomas H. Wilson 9 6/08 $85,700,000 17.0
30 27 Anchin, Block & Anchin / New York Frank Schettino 1 9/07 $85,500,000 13.5
31 30 Berdon LLP / New York Stanley H. Freundlich 2 12/07 $85,000,000 16.4
32 29 Cherry, Bekaert & Holland

/ Richmond, Va. Howard J. Kies 23 4/08 $84,646,000 15.4
33 31 Marks Paneth & Shron / New York
Arthur E. Cannata
Mark Levenfus
4 12/07 $80,000,000 11.0
34 35 Citrin Cooperman & Company / New York Joel A. Cooperman 4 12/07 $75,000,000 12.5
35 34 WithumSmith+Brown / Princeton, N.J. Ivan C. Brown 11 6/08 $70,223,000 8.7
36 33 Parente Randolph
7
/ Philadelphia Robert J. Ciaruffoli 12 10/07 $66,116,492 -1.6
37 38 Carr, Riggs & Ingram / Enterprise, Ala. William H. Carr 11 9/07 $66,084,802 7.5
38 41 Armanino McKenna / San Ramon, Calif. Andy Armanino 4 12/07 $65,965,202 32.2
39 40 Beard Miller Company (bmc) / Reading, Pa. Lamar R. Stoltzfus 14 12/07 $65,862,050 16.5
40 39 The Rehmann Group / Saginaw, Mich. Steven D. Kelly 11 12/07 $64,122,100 21.0
41 48 The Schonbraun McCann Group / New York Bruce S. Schonbraun 3 12/07 $60,925,000 34.0
42 36 Vitale, Caturano & Company / Boston Richard Caturano 1 6/08 $60,555,000 10.0
43 37 Schenck Business Solutions / Appleton, Wis. William D. Goodman 9 9/07 $58,605,236 7.9
44 47 Beers + Cutler / Vienna, Va. Ed Offterdinger 1 12/07 $56,793,372 24.6
45 50 Morrison, Brown, Argiz & Farra / Miami Antonio L. Argiz 6 12/07 $55,300,000 22.0
46 42 Aronson & Company

/ Rockville, Md. Lisa J. Cines 1 5/08 $54,800,000 13.0
47 45
Lattimore Black Morgan & Cain /
Brentwood, Tenn.
David Morgan
R. Michael Cain
3 5/08 $54,191,542 9.0
48 51 HORNE LLP / Jackson, Miss. Hugh J. Parker 14 12/07 $53,954,662 20.1
49 46 Schneider Downs & Co. / Pittsburgh Raymond W. Buehler Jr. 2 6/08 $53,000,000 12.8
50 55 Holthouse Carlin & Van Trigt / Santa Monica, Calif. Philip J. Holthouse 6 12/07 $52,668,391 27.0
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.
6
Firm reported A&A fees in 2007, but did not in
2006, therefore were not ranked in last year’s IPA Top 100.
7
Revenue reflects divestment of service line(s) and/or sale of a portion of a service line.
©2008 INSIDE PUBLIC ACCOUNTING / The Platt Consulting Group August 2008


INSIDE PUBLIC ACCOUNTING
IPA’S 2008 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK FIRM / HEADQUARTERS CHIEF NO. OF YEAR NET %
08 07 LOCATION EXECUTIVE OFFICES END REVENUE CHG.

51 44 RubinBrown / St. Louis
James Castellano
John F. Herber Jr.
2 5/08 $52,374,000
11.0
52 43 Mahoney Cohen & Company / New York Mark D. Garten 4 3/08 $52,200,000
8.0
53 53 Friedman LLP / New York Bruce A. Madnick 3 12/07 $51,827,285
17.0
54 63 Weaver and Tidwell / Fort Worth, Texas W.M. (Mack) Lawhon 3 5/08 $50,788,585
28.1
55 58 Hein & Associates / Denver Larry Unruh 4 12/07 $49,701,649
21.3
56 60 Kaufman, Rossin & Co. / Miami James R. Kaufman 6 5/08 $48,941,362
22.0
57 64 Novogradac & Company / San Francisco Michael J. Novogradac 11 12/07 $48,890,256
25.5
58 52 SS&G Financial Services / Cleveland Gary Shamis 8 12/07 $48,841,481
12.5
59 81 Burr, Pilger & Mayer / San Francisco Stephen D. Mayer 4 12/07 $48,340,534
47.5
60 67 Elliott Davis / Greenville, S.C.

Richard E. Davis 12 6/08 $48,235,267
20.6
61 56 Blackman Kallick Bartelstein / Chicago Steven Schneider 1 12/07 $47,422,760
14.4
62 49 Suby, Von Haden & Associates / Madison, Wis. Jack Cotton 5 5/08 $47,202,764
4.5
63 54 Frank, Rimerman & Co. / Palo Alto, Calif. Bryan C. Polster 4 5/08 $47,100,000
11.2
64 65 Ehrhardt Keefe Steiner & Hottman / Denver Robert Hottman 3 9/07 $45,972,600
23.0
65 83 Habif, Arogeti & Wynne / Atlanta Joseph D. Simms 1 12/07 $45,219,000
18.9
66 69 O’Connor Davies Munns & Dobbins / New York
Kevin J. Keane
Thomas P. Dobbins
5 12/07 $42,000,000
8.9
67 68 SC&H Group / Sparks, Md. Thomas E. Stout 3 12/07 $41,948,261
12.6
68 59 Clark, Schaefer, Hackett & Co.

/ Middletown, Ohio Thomas D. Hazelbaker 6 6/08 $41,700,000
4.0
Tie 61 Margolin, Winer & Evens / Garden City, N.Y. Teddy Selinger 2 12/07 $41,700,000
5.0
70 66 Hill, Barth & King / Boardman, Ohio Chris Allegretti 14 8/07 $40,200,000
11.7
71 73 Katz, Sapper & Miller / Indianapolis David Resnick 1 12/07 $39,980,000
13.1
72 71 Lurie Besikof Lapidus & Company / Minneapolis Beth Kieffer Leonard 1 4/08 $39,000,000
8.0
73 77 SingerLewak
8
/ Los Angeles David Krajanowski 6 12/07 $38,933,080
14.3
74 74 Sikich LLP / Aurora, Ill. James A. Sikich 5 12/07 $38,715,911
7.0
75 75 Watkins, Meegan, Drury & Company / Bethesda, Md. Michael R. Micholas 4 12/07 $38,500,000
12.0
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.
8
Firm changed name [Singer Lewak Greenbaum &
Goldstein].
©2008 INSIDE PUBLIC ACCOUNTING / The Platt Consulting Group August 2008


INSIDE PUBLIC ACCOUNTING
IPA’S 2008 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE

RANK FIRM / HEADQUARTERS CHIEF NO. OF YEAR NET %
08 07 LOCATION EXECUTIVE OFFICES END REVENUE CHG.

76 62 Doeren Mayhew
7
/ Troy, Mich. Mark A. Crawford 1 9/07 $38,350,000
-2.8
77 71 Tofias PC / Cambridge, Mass. Tracy Gallagher 4 12/07 $38,000,000
11.0
78 95
Squar, Milner, Peterson, Miranda & Williamson /
Newport Beach, Calif.
Stephen P. Milner 3 12/07 $37,140,687 33.0
79 89 LeMaster & Daniels / Spokane, Wash. Scott J. Dietzen 13 5/08 $36,703,758
6.5
80 90 Blum, Shapiro & Co. / West Hartford, Conn. Carl R. Johnson 3 12/07 $36,464,175
19.4
81 79 Rachlin LLP / Miami Lawrence H. Blum 3 12/07 $36,000,000
3.8
82 84 Joseph Decosimo and Company / Chattanooga, Tenn. Nick Decosimo 7 12/07 $35,800,000
12.6
83 78 Warren Averett Kimbrough & Marino
*
/ Birmingham, Ala. James A. Warren 3 6/08 $35,109,000
6.0
84 85 Mohler, Nixon & Williams / Campbell, Calif. William P. Kelleher 3 4/08 $34,993,650
14.3
85 80 Berkowitz Dick Pollack & Brant / Miami Richard A. Berkowitz 2 12/07 $34,668,871
6.8
86 82 Rosen Seymour Shapss Martin & Co. / New York Fred Shapss 2 12/07 $34,075,000
8.0
87 87 Holtz Rubenstein Reminick / Melville, N.Y. Francis J. Candia 2 9/07 $33,148,712
11.7
88 70 Stonefield Josephson
9
/ Los Angeles Jeff Garrison 6 12/07 $32,831,856
-11.0
89 94 Postlethwaite & Netterville / Baton Rouge, La. William E. Balhoff 9 4/08 $32,643,118
22.0
90 91 Blue & Co. / Carmel, Ind. Douglas M. Hasler 7 12/07 $32,381,524
10.0
91 76 CCR LLP
7,10
/ Westborough, Mass. David A. Platt 4 12/07 $32,370,000
-5.4
92 NR Alpern Rosenthal / Pittsburgh Emanuel DiNatale 2 12/07 $32,155,999
16.5
93 86 Kennedy and Coe
!
/ Salina, Kan. Kurtis Siemers 8 3/08 $31,828,650
5.0
94 97 Argy, Wiltse & Robinson / McLean, Va. Paul J. Argy 3 12/07 $31,533,800
20.3
95 92 Mauldin & Jenkins / Atlanta Elton Wolf 4 5/08 $31,529,800
13.6
96 88 Kemper CPA Group / Greenfield, Ind. Ronald J. Dezelan 24 4/08 $30,786,784
4.0
97 NR Kearney & Company / Alexandria, Va. Ed Kearney 2 12/07 $30,500,000
54.0
98 99 The Bonadio Group / Pittsford, N.Y. Thomas Bonadio 5 4/08 $30,420,544
19.0
99 96 Honkamp Krueger & Co. / Dubuque, Iowa Arnold N. Honkamp 7 12/07 $30,419,000
12.5
100 NR Frazier & Deeter / Atlanta David A. Deeter 2 12/07 $29,540,000
16.7
Tie NR Seiler LLP / Redwood City, Calif. James DeMartini III 2 12/07 $29,540,000
16.1
Editor’s Note: Most, but not all firms provide Net Revenue for the IPA ranking. If firms provided Gross Revenue, it is noted. For ranking purposes, net revenue
includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.
!

IPA Estimate. * Firm Estimate.
7
Revenue reflects
divestment of service line(s) and/or sale of a portion of a service line.
9
Reflects a loss of large client which was acquired, and the end of two, one-time client
engagements.
10
Firm changed name [Carlin, Charron & Rosen.]

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FOR THE COMPLETE LISTING OF
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2
Net income per partner is flirting with the $500,000 mark for the first time –
at $495,170, it is 10% higher than last year. Average partner compensation
climbed another 8% to a record $461,272, up over $100,000 from the
numbers reported just three years ago.

The Schonbraun McCann Group, N.Y., takes top honors in growth at a
whopping 54% increase in net fees, shooting up 27 positions in the IPA
100 ranking to No. 48. SMG skyrocketed from $29 million in net revenue
last year to $45.5 million this year with a laser-beam focus on building an
impressive real estate niche and no mergers.

“We have built our entire firm almost totally organically, brick by brick,
and created the only vertical accounting and consulting firm in the U.S.
that is 100% dedicated to real estate and finance,” Bruce Schonbraun,
MP of SMG tells IPA. “We’ve established a brand name for ourselves,” he
says, and expects a greater than 40% growth rate again in 2007.

Only two firms on the IPA 100 reported a loss of revenue this year over last
year. Goldenberg Rosenthal of Jenkintown, Penn., (No. 57; net revenue of
$41.1 million) and Carlin Charron & Rosen of Westborough, Mass., (No.
76; net revenue of $34.2 million) both experienced double-digit growth last
year and saw some of that business dry up in FY06-07.
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INSIDE PUBLIC ACCOUNTING
IPA’S 2007 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE
RANK
07 06
FIRM / HEADQUARTERS
LOCATION
CHIEF
EXECUTIVE
NO.
OF
OFFICES
FISCAL
YEAR
END
NET
REVENUE
%
CHG.
1 1 Deloitte & Touche
1
/ New York James H. Quigley 98 5/07 $9,856,000,000 12.4
2 3 PricewaterhouseCoopers / New York Dennis Nally 84 6/06 $6,922,000,000 12.2
3 2 Ernst & Young

/ New York James S. Turley 83 6/06 $6,890,000,000 8.8
4 4 KPMG / New York Timothy P. Flynn 93 9/06 $4,438,000,000 1.8
5 5 RSM McGladrey
2
/ Minneapolis Steven Tait / D. Scudder 97 4/07 $1,389,260,000 5.0
6 6 Grant Thornton

/ Chicago Edward Nusbaum 50 12/06 $939,551,000 18.0
7 7 BDO Seidman / Chicago Jack Weisbaum 34 6/07 $589,000,000 5.6
8 8
CBIZ & Mayer Hoffman McCann
2
/
Cleveland, Leawood, Kan.
D. Sibits / B. Hancock 144 12/06 $466,810,000 10.9
9 9 Crowe Group / Oakbrook Terrace, Ill. Charles M. Allen 20 3/07 $430,276,000 9.5
10 10 BKD, LLP
1
/ Springfield, Mo. Neal D. Spencer 27 5/07 $318,078,000 12.2
11 11 Moss Adams / Seattle Rick Anderson 20 12/06 $279,000,000 19.0
12 12 Plante & Moran
1
/ Southfield, Mich. William M. Hermann 16 6/07 $269,000,000 10.9
13 14 UHY Advisors
2
/ Chicago Steve Samek 22 12/06 $230,393,000 17.4
14 13 Clifton Gunderson / Peoria, Ill. Carl R. George 52 5/07 $228,053,000 16.2
15 15 Virchow, Krause & Company / Madison, Wis. Timothy L. Christen 9 5/07 $202,097,245 10.9
16 17 Reznick Group / Bethesda, Md. Ken Baggett 9 9/06 $177,664,478 33.0
17 16 J.H. Cohn / Roseland, N.J. Thomas J. Marino 9 1/07 $175,271,000 16.0
18 18 Dixon Hughes / High Point, N.C. K. Hughes / E. Sams 28 5/07 $160,600,000 8.6
19 19 LarsonAllen / Minneapolis Gordon A. Viere 11 10/06 $139,769,000 18.0
20 21 Weiser LLP / New York Douglas A. Phillips 4 12/06 $110,000,000 20.0
21 20 Eisner LLP / New York Charles Weinstein 3 1/07 $105,243,000 12.3
22 26 SMART Business Advisory and Consulting / Devon, Pa. James J. Smart 14 12/06 $102,099,361 26.1
23 23 Eide Bailly / Fargo, N.D. Jerry A. Topp 13 4/07 $101,181,230 9.2
24 22 Wipfli LLP / Wausau, Wis. Rick Dreher 17 5/07 $98,000,000 10.1
25 29 Rothstein Kass / Roseland, N.J. S. Kass / H. Altman 7 12/06 $95,784,000 37.8

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INSIDE PUBLIC ACCOUNTING
IPA’S 2007 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE
RANK
07 06
FIRM / HEADQUARTERS
LOCATION
CHIEF
EXECUTIVE
NO.
OF
OFFICES
FISCAL
YEAR
END
NET
REVENUE
%
CHG.
26 25 Marcum & Kliegman / Melville, N.Y. Jeffrey M. Weiner 4 12/06 $86,075,965 13.2
27 31 Anchin, Block & Anchin / New York Frank Schettino 1 9/06 $76,565,000 18.2
28 30 Amper, Politziner & Mattia / Edison, N.J. Philip Politziner 7 3/07 $74,578,000 12.9
29 27 Cherry Bekaert & Holland

/ Richmond, Va. Howard Kies 14 4/07 $73,337,609 3.0
30 28 Berdon LLP / New York Stanley H. Freundlich 2 12/06 $73,000,000 4.3
31 33 Marks Paneth & Shron / New York A.Gruber / S.C. Baum 2 12/06 $72,000,000 17.2
32 34 Goodman & Company
*,1
/ Norfolk, Va. Thomas H. Wilson 9 6/07 $71,200,000 12.0
33 32 Parente Randolph / Philadelphia Robert J. Ciaruffoli 12 10/06 $67,190,000 8.8
34 35 WithumSmith+Brown / Princeton, N.J. Ivan Brown 8 6/07 $60,102,000 12.0
35 43 Citrin Cooperman & Company / New York Joel Cooperman 3 12/06 $60,000,000 13.0
36 38 Vitale, Caturano & Company / Boston Richard Caturano 1 6/07 $55,040,000 12.2
37 36 Schenck Business Solutions / Appleton, Wis. William D. Goodman 10 9/06 $54,340,087 5.1
38 39 Carr, Riggs & Ingram / Enterprise, Ala. William H. Carr 9 9/06 $53,464,035 12.3
39 37 The Rehmann Group / Saginaw, Mich. Steven D. Kelly 11 12/06 $52,979,221 6.5
40 41 bmc (Beard Miller & Co.) / Reading, Pa. Lamar R. Stoltzfus 10 12/06 $51,761,920 16.7
41 56 Armanino McKenna / San Ramon, Calif. Andy Armanino 3 12/06 $49,908,048 40.0
42 48 Aronson & Company
1
/ Rockville, Md. Lisa J. Cines 1 5/07 $48,500,000 10.0
43 43 Mahoney Cohen & Company / New York Mark D. Garten 4 3/07 $48,400,000 15.2
44 40 RubinBrown / St. Louis J. Castellano / J. Herber 2 5/07 $47,300,000 5.7
45 49
Lattimore, Black, Morgan & Cain /
Brentwood, Tenn.
D. Morgan / R.M. Cain 4 5/07 $46,237,043 6.4
46 52 Schneider Downs & Co. / Pittsburgh Raymond Buehler Jr. 2 6/07 $46,010,552 24.5
47 45 Beers & Cutler / Vienna, Va. Ed Offterdinger 2 9/06 $45,592,016 20.5
48 75 The Schonbraun McCann Group
3
/ New York Bruce S. Schonbraun 3 12/06 $45,570,000 54.0
49 47 Suby, Von Haden & Associates / Madison, Wis. Jack Cotton 4 5/07 $45,168,502 10.9
50 51 Morrison, Brown, Argiz & Farra / Miami Antonio L. Argiz 4 12/06 $45,000,000 21.0

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INSIDE PUBLIC ACCOUNTING
IPA’S 2007 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE
RANK
07 06
FIRM / HEADQUARTERS
LOCATION
CHIEF
EXECUTIVE
NO.
OF
OFFICES
FISCAL
YEAR
END
NET
REVENUE
%
CHG.
51 59 HORNE LLP / Jackson, Miss. Hugh J. Parker 11 12/06 $44,926,638 28.0
52 61 SS&G Financial Services
4
/ Solon, Ohio Gary Shamis 8 12/06 $43,405,000 22.4
53 50 Friedman LLP / New York Bruce Madnick 3 12/06 $42,866,248 12.0
54 46 Frank, Rimerman & Co. / Palo Alto, Calif. Bryan C. Polster 4 5/07 $42,340,000 13.4
55 76 Holthouse Carlin & Van Trigt / Santa Monica, Calif. Philip J. Holthouse 6 12/06 $41,959,912 45.5
56 58 Blackman Kallick Bartelstein / Chicago Daniel Fensin 1 12/06 $41,438,626 17.5
57 42 Goldenberg Rosenthal / Jenkintown, Pa. Jay L. Weinstein 1 6/07 $41,381,000 -3.3
58 68 Hein & Associates / Denver Larry Unruh 4 12/06 $40,962,012 30.2
59 54 Clark, Schaefer, Hackett & Co.
1
/ Middletown, Ohio Thomas D. Hazelbaker 6 6/07 $40,400,000 4.2
60 55 Kaufman, Rossin & Co. / Miami James R. Kaufman 5 5/07 $40,168,416 11.0
61 60 Margolin, Winer & Evens / Garden City, N.Y. Teddy Selinger 2 12/06 $39,700,000 14.1
62 53 Doeren Mayhew / Troy, Mich. Mark A. Crawford 1 9/06 $39,440,000 7.3
63 71 Weaver and Tidwell / Fort Worth, Texas W.M. (Mack) Lawhon 3 5/07 $38,963,769 16.4
64 73 Novogradac & Company / San Francisco Michael J. Novogradac 9 12/06 $38,959,897 30.1
65 83 Ehrhardt Keefe Steiner & Hottman / Denver Robert Hottman 2 9/06 $38,513,308 43.0
66 62 Hill, Barth & King / Boardman, Ohio Chris Allegretti 15 8/06 $37,781,000 12.2
67 67 Elliott Davis / Greenville, S.C.

Todd R. Mitchell 8 6/07 $37,420,841 10.3
68 65 SC&H Group
5
/ Sparks, Md. Thomas E. Stout 4 12/06 $37,247,324 23.0
69 64 O'Connor Davies Munns & Dobbins / New York K. Keane / T. P. Dobbins 5 12/06 $36,500,000 12.0
70 91 Stonefield Josephson / Los Angeles Jeff Garrison 5 12/06 $36,318,941 44.1
71 66 Tofias PC / Cambridge, Mass. Tracy Gallagher 4 12/06 $36,000,000 11.0
Tie 63 Lurie Besikof Lapidus & Company / Minneapolis Farley S. Kaufmann 1 4/07 $36,000,000 5.9
73 70 Katz, Sapper & Miller / Indianapolis David Resnick 1 12/06 $35,319,000 11.0
74 74 Sikich LLP / Aurora, Ill. James A. Sikich 6 12/06 $34,900,000 18.7
75 78 Watkins, Meegan, Drury & Co. / Bethesda, Md. Michael R. Micholas 3 12/06 $34,300,000 21.0

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INSIDE PUBLIC ACCOUNTING
IPA’S 2007 TOP 100 FIRMS
THE LARGEST ACCOUNTING FIRMS IN THE U.S.
RANKED BY U.S. NET REVENUE
RANK
07 06
FIRM / HEADQUARTERS
LOCATION
CHIEF
EXECUTIVE
NO.
OF
OFFICES
FISCAL
YEAR
END
NET
REVENUE
%
CHG.
76 57 Carlin Charron & Rosen / Westborough, Mass. Robert H. Charron 4 12/06 $34,204,000 -4.0
77 89 Singer Lewak Greenbaum & Goldstein / Los Angeles David Krajanowski 6 12/06 $34,056,090 32.1
78 92 Warren Averett Kimbrough & Marino
1
/ Birmingham, Ala. James A. Warren 2 6/07 $33,092,535 5.4
79 72 Rachlin Cohen & Holtz / Miami Lawrence H. Blum 3 12/06 $32,750,000 9.0
80 69 Berkowitz Dick Pollack & Brant / Miami Richard A. Berkowitz 2 12/06 $32,382,920 3.4
81 93 Burr, Pilger & Mayer / San Francisco Stephen D. Mayer 4 12/06 $32,241,275 22.0
82 78 Rosen Seymour Shapss Martin & Co. / New York Fred Shapss 2 12/06 $32,000,000 12.7
83 80 Habif, Arogeti & Wynne / Atlanta Joseph D. Simms 1 12/06 $31,845,000 13.6
84 77 Joseph Decosimo and Company / Chattanooga, Tenn. Nick Decosimo 7 12/06 $31,800,000 9.1
85 84 Mohler, Nixon & Williams / Campbell, Calif. William P. Kelleher 3 4/07 $30,605,414 14.0
86 81 Kennedy and Coe / Salina, Kan. Kurt Siemers 10 3/07 $30,313,000 8.4
87 86 Holtz Rubenstein Reminick / Melville, N.Y. Francis J. Candia 2 9/06 $29,700,000 13.3
88 85 Kemper CPA Group / Vincennes, Ind. E. David Dycus 23 4/07 $29,615,551 11.3
89 82 LeMaster & Daniels / Spokane, Wash. Scott J. Dietzen 12 5/07 $28,831,000 7.6
90 98 Blum, Shapiro & Co. / West Hartford, Conn. Carl R. Johnson 2 12/06 $28,675,001 24.9
91 87 Blue & Co. / Carmel, Ind. Douglas M. Hasler 7 12/06 $28,439,011 8.6
92 94 Mauldin & Jenkins / Atlanta Elton Wolf 4 5/07 $27,766,168 16.1
93 88 Vavrinek Trine Day & Co.

/ Rancho Cucamonga, Calif. Ron White 5 12/06 $26,883,000 3.0
94 NR Postlethwaite & Netterville / Baton Rouge, La. William C. Potter 9 4/07 $26,814,638 25.0
95 NR
Squar, Milner, Peterson, Miranda & Williamson /
Newport Beach, Calif.
Stephen P. Milner 2 12/06 $26,767,512 8.6
96 99 Honkamp Krueger / Dubuque, Iowa Arnold Honkamp 7 12/06 $26,624,437 16.2
97 95 Argy, Wiltse & Robinson / McLean, Va. Paul J. Argy 2 12/06 $26,224,447 11.1
98 97 Freed Maxick & Battaglia / Buffalo, N.Y. Robert M. Glaser 3 4/07 $25,717,669 12.0
99 NR The Bonadio Group / Pittsford, N.Y. Thomas Bonadio 5 4/07 $25,565,184 14.1
100 100 Rea & Associates / New Philadelphia, Ohio Timothy I. Michel 10 10/06 $25,500,000 11.5




Editor’s Note: Net revenue includes revenue from mergers. Percentage change excludes merger revenue and reflects organic growth only.

IPA Estimate.
* Firm Estimate.
1
Firm provided FY05 revenue last year and FY07 revenue this year, however, percentage change is reported for a 12-month period for
FY06 to FY07.
2
Alternative practice structure.
3
Firm changed year end to 12/31. They are reporting 12/05 to 12/06 data.
4
Percentage revenue
growth from prior year is based on a restated revenue number for 2005. 2005 revenues were restated to be consistent with change in the firm’s revenue
recognition policy in 2006.
5
Firm changed name in the past year (Stout Causey & Horning).

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THE 2007 IPA NATIONAL BENCHMARKING REPORT


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and management performance against hundreds of accounting firms nationwide.

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Fees Fees by Practice Area
Net Income per Partner Staff Salaries
Partner Compensation Benefits Offered
Professional Staff Charge Hours Partner Level Workloads
Marketing Staff Salaries Utilization
Partner Retirement Issues MIS Staff and Salaries
Niche Areas Marketing Costs
Growth Trends Retirement Plans
Partner Benefits Marketing Staff
Fees per Charge Hour Administrative Salaries
Partner Charge Hours Personnel Costs

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th
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