bold growth tactics, big partner cuts.
the nation’s 100 largest tax and accounting firms have reversed revenue losses and are accelerating growth in a highly competitive market by relying on a mix of merger, acquisition and selling strategies, according to a new survey and analysis.
in a year marked by “blockbuster mergers,” accounting today reports top-line revenue advanced 7.9% for the 100 largest firms operating in the u.s., clocking in total fees of $45.8 billion. among the big four, revenue grew 8.2% to $436.2 billion.
this year’s advances mark a turnaround from back-to-back retreats.