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.
SPONSORED REPORT
6 key areas of change for accountants and auditorsNew accounting standards on revenue recognition, leases, and credit losses present implementation challenges. This independently-written report identifies the hurdles that accounting professionals face and provides tips for overcoming the challenges.
PODCAST
How tax reform will impact individual taxpayersAmy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, answers to some of the most common questions on how the new tax reform law will impact individual taxpayers.