Continuing the tradition of more than 25 years, INSIDE Public Accounting (IPA) has unveiled the 2019 list of the Best of the Best public accounting firms in the September issue of the monthly publication. This group, the highest performers within the profession, are ranked on more than 50 metrics. The 2019 Best of the Best produce superior financial results while planning for long-term, sustainable growth.
In 2019, 550 firms were eligible for this accolade by participating in IPA’s Annual Survey and Analysis of Firms, now in its 29th year.
Best of the Best firms represent the top 10% of all firms that participated in the 2019 survey. IPA’s proprietary scoring formula looks at a variety of metrics related to growth, income, productivity, tools of governance, staff turnover, time management and other areas that speak to the framework of the firm to determine the annual Best of the Best.
The IPA Best of the Best firms are presented in three categories:
- Best of the Best above $5 million in revenue (50 firms ranging from $5 million to more than $600 million)
- Best of the Best under $5 million in revenue (10 firms ranging from $2 million to $5 million)
- Best of the Best in Canada (five firms ranging from $4 million to $32 million)
They represent what is possible in a public accounting firm and are the peer group that high-performing firms can benchmark themselves against.
“For firms looking to benchmark their own performance against the highest performing firms in the nation, the IPA Best of the Best firms is the group to emulate,” says Mike Platt, principal of INSIDE Public Accounting. “Best of the Best firms are evaluated across many dimensions, and collectively represent the best the profession has to offer.”
You may view the entire list of the 2019 Best of the Best online.
IPA also ranks and provides key profit indicators of the 400 largest public accounting firms across the U.S. Visit the INSIDE Public Accounting website for more details.
You may order copies of the IPA Best of the Best newsletter (Sept. 2019), the IPA 400 firms newsletter (Aug. 2019) by contacting: (317) 733-1920; [email protected].