By The Numbers

BY THEORY OF ACCOUNTING AND CONTROL

Largest Firms Grow

As a group, the 100 largest independent public accounting firms experienced revenue growth for the third straight year. In 1998, the firms (ranked by net revenue for the most recent fiscal year), generated $24.8 billion in net revenue, 20.7% more than in 1997. Ninety of the 100 firms had revenue growth: 58 of them grew by double-digit margins.

Source: Strafford Publications, Inc., Public Accounting Report, Atlanta.

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