2023 was a great year for midsized and large accounting firms, with growth rates staying strong after an extraordinary 2022.
The firms in Accounting Today’s 2024 Top 100 Firms roster of the largest practices in the country reported that their revenues grew by 12.88% in 2023 — the second-highest rate in a decade, though down from 18.55% in 2022 — while the members of our Regional Leaders rankings reported average individual growth rates ranging from 9.14% to as much as a blistering 29.09%. (See the full Top 100 and Regional Leaders report.)
Fully 62% of the firms in the Top 100 and Regional Leaders lists reported double-digit growth, and 43 firms reported growth about 20%, confirming a trend from the past three years of widespread growth in both groups.
The fastest-growing firms from both lists are shown below, ranked by their growth rate.
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