Winning Back-Office Strategies to Boost Your Business Agility
VIEWpoint Issue 1 | 2023
2023 Compliance Trends: Staying Ahead in an Evolving Regulatory E...
Now in its 26th year, the “IPA 100” report rankings were based on a revenue survey of more than 500 of the nation’s largest accounting, tax and business advisory firms. Showing positive growth trends across the board, the annual report cites organic growth among the IPA 100 firms at its strongest since 2008.
“The gap between the largest firm and the smallest of the IPA 100 continues to grow,” says Mike Platt, principal with INSIDE Public Accounting. “The biggest firms are getting bigger through acquisitions and organic growth – as all firms continue to find ways to service the increasingly complex needs of their clients and provide meaningful career opportunities for their employees.”
Following the completion of the survey, Doeren Mayhew continued to grow by merging in Miami-based credit union CPA firm, Orth, Chakler Murnane & Co. Combined with an additional tuck-in merger with Michigan-based Adler and Company in late 2015, the firm’s merger activity boosted its annual revenue by 14 percent.
“It has been a great year for Doeren Mayhew,” says Mark Crawford, chairman. “We’ve seen a large increase in revenue due to merger activity deepening our health care and financial institution niches. Moving forward, we will continue to look for opportunities to better position ourselves for growth while adding new resources for our valued clients.
This publication is distributed for informational purposes only, with the understanding that Doeren Mayhew is not rendering legal, accounting, or other professional opinions on specific facts for matters, and, accordingly, assumes no liability whatsoever in connection with its use. Should the reader have any questions regarding any of the news articles, it is recommended that a Doeren Mayhew representative be contacted.
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