Top Accounting Firms At All Stages Of Your Career
Accountants enjoy a terrific job outlook and a high average pay. According to the U.S. Bureau of Labor Services, the accounting industry is expected to grow at an annual rate of 10 percent through 2026. The median reported salary for accountants in the U.S. as of 2017 was $69,304. Let’s examine the top ten accounting firms and their average salaries.
One great way to advance your career as an accountant is by joining one of the top ten accounting firms. This can help you to network and to participate in some of the partnerships, accounting conferences, and programs that members of the top ten accounting organizations enjoy.
Top accounting firms
Many top accounting firms offer accounting seminars that can help you to meet your continuing professional education requirements. Some accounting companies also offer discounts to their members for CPE accounting seminars.
Joining top accounting firms and organizations can also help you to remain current with trends and laws in accounting. There are many accounting companies in the U.S., making it important for you to join the right organization for you. Here is a list of the top 10 accounting firms in the U.S. that we have compiled to make your search easier.
1. PricewaterhouseCoopers LLP
First in the top ten accounting firms is PwC which began as an accounting firm that was in London, U.K. more than 100 years ago. PwC has expanded globally and has offices in the U.S. in 34 U.S. states and in the District of Columbia.
PricewaterhouseCoopers is registered with the National Association of the Boards of Accountancy to sponsor continuing education for accountants. As of 2018, PwC has 250,936 employees around the world, offering accounting positions that range from entry-level jobs to leadership roles.
Deloitte is a global network of member firms and has been providing services for more than 150 years. More than 245,000 people are employed at Deloitte member firms around the world.
Deloitte provides ongoing educational opportunities for accountants. For example, its 2018 Deloitte Tax Accounting Conference offers multiple educational seminars over a five-day period in Las Vegas, Nevada. Deloitte is recognized as being among the top accounting firms in the world.
EY is a top accounting firm that is comprised of the member Ernst & Young firms around the world. Headquartered in London, UK, EY was founded in 1989 and has grown to become one of the top four accounting firms in the world.
Each of the member firms of EY is its own legal entity. There are more than 700 offices around the globe that are operating in 150 countries. In addition to its many other services, EY offers forensic and integrity services through its member firms. These services allow businesses to identify and to stop accounting fraud and other types of fraud that can occur within companies.
KPMG rounds out the big four top accounting firms and is headquartered in the Netherlands in Amstelveen. The organization has more than 189,000 employees, and it provides financial audit, advisory, and tax services to businesses around the globe.
KPMG member firms provide a broad array of services to businesses in both the public and private sectors. Their services include the following:
- Government and public sector, including non profit accounting and other services
- Audit services, including fraud accounting
- Tax services
- Advisory services, including cyber security
BDO Global is among the top accounting firms worldwide that are available for firms to join. It has offices in the U.S., in the Americas, in Emea, and in the Asia Pacific region. BDO was founded in 1963 in Europe by founding companies from the U.K., the Netherlands, and Germany.
Joining BDO allows mid-tier accounting firms the ability to access the vast resources of this global top accounting firm. The member firms of BDO offer a broad variety of services, including audit and assurance, tax, advisory, and business and outsourcing services.
6. RSM International
Another of the accounting firm worldwide that make our top ten list is RSM International. Joining RSM International can give you the ability to network with other top accounting firms both in the U.S. and internationally.
This can help to enrich your knowledge and to enhance your practice. RSM is the sixth largest accounting association in the world. RSM has a presence around the world, including in the following regions:
- Latin America
- North America
- Asia Pacific
7. Grant Thornton
Grant Thornton International is among the top accounting firms in the world. Its member firms are in more than 135 countries. In 2017 alone, the member firms of Grant Thornton had revenues of $5 billion.
Grant Thornton’s member firms offer a variety of tax, advisory, and assurance services. The member firms serve a variety of different industries, including the following:
- Consumer products
- Financial services
- Health care
- Energy & natural resources
- Not-for-profit sector
8. Baker Tilly International
Baker Tilly International is a global association of member firms that are in 147 countries around the world. Member firms of Baker Tilly provide many different services, including corporate finance, tax, advisory, legal, and audit and assurance services.
Accountants who work at member firms of Baker Tilly offer services to the government and non-profit, global private equity, real estate, and construction industries. If your firm decides to become a Baker Tilly International member you are joining one of the top ten accounting firms. Doing so means you might help with non profit accounting, assist companies with fraud accounting to uncover suspected fraud, advise clients, and help with tax accounting.
9. Crowe Horwath International
Crowe Horwath is ranked as eighth out of the top ten accounting firms in the world. It is a top accounting firm and Crowe Global includes more than 200 independent firms that are in 130 countries around the globe.
Member firms of the Crowe accounting network provide services to businesses in the following areas:
- Tax services
- Risk services, including fraud accounting
- Audit services
- Advisory services
Firms that join Crowe have many benefits, including inbound and outbound referrals, access to multi-national business opportunities, technical manuals, training, and global software. Joining Crowe means joining one of the top accounting associations in USA and in the world.
10. Nexia International
Rounding out our top 10 list is Nexia International. Nexia International is a privately held organization that is based in the U.K. and that has member firms around the world, including in the U.S.
Nexia boasts more than 250-member firms and 651 offices that are operating in 115 countries. If your independent accounting firm becomes a member of Nexia, you will have the benefit of the expertise offered across the entire organization.
What should you look for in an accounting firm?
If you are considering joining different accounting firm, there are a few thinks that you should consider. You will want to focus on an association that offers services in the areas and industries in which you are interested and experienced.
For example, if you focus on offering help with accounting for non profits, you might want to consider accounting associations that include public sector and government accounting services. If you are particularly interested in accounting fraud, you might want to search for associations that offer risk services to expose fraud and to reduce the risks of it.
What are the different types of accounting firms?
As a practicing professional, you might find that a professional accounting association to join might be one of the top accounting associations in USA that offers expertise in your practice areas. Finding a professional accounting association to join may help to enhance your firm and to advance your knowledge.
Considerations about top accounting firms
When you are considering different professional associations for accountants, there are several things to consider. You should review the benefits that your firm might receive for becoming a member firm of the association. You should also look at whether they are paid or free and conduct a cost/benefits analysis of joining.
The best association for accountants should offer accounting conferences in which you can participate. It should also help you to learn about recent accounting frauds so that you can be prepared to help your own clients to mitigate their risks. Reviewing an accounting fraud case study from time to time might also help you to be a better accountant as well as to identify potential recent accounting frauds that might have occurred within your own company.
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