The accounting profession has been full of surprises during COVID-19, from the relative ease with which it pivoted to remote work to the speed with which it rolled out pandemic-related services to help clients make it through difficult times.
But perhaps the biggest surprise has been the level of profitability that accounting firms have been able to maintain over the past two years; in 2020, a surprising proportion of our
Last year 20 firms posted growth rates above 15%; for this year's report, an astonishing 76 firms topped that mark, and 41 of those firms reported growth above 20%.
Whether these firms can maintain these torrid growth rates remains to be seen; in the meantime, below is our annual ranking of the 20 fastest-growing firms from the combined lists; the full report is available
Note: We did not include non-accounting firms from our Top Tax Firms list in this ranking, though it's worth noting that if we had, H&R Block would have the list, with a jump in revenue of 29.33%, thanks to the end of tax season getting shifted back to July in 2020; since its fiscal year ends in April, that shifted a large chunk of its revenue into the later year.
