Monday, November 22, 2010

Moving On Up

The list of the largest accounting firms was in last week’s Business First. Strothman & Company is ranked as # 6, the highest we have ever been. It is also interesting to note that our firm is ranked higher than Ernst & Young, Ray’s previous firm. Congratulations Ray! In fact, we are larger than 3 of the 4 international firms.

It is interesting to note that the international firms had a total of 117 CPAs in Louisville in this year’s survey. That total was 203 in 1993 and 286 in 1984. In 2010, there was a total of 611 CPAs working for the Top 20 firms. In 1993 and 1984, that total was 461 and 447, respectively. So, in 2010, international firms made up 19% of total Top 20 firm CPAs, versus 44% in 1993 and 64% in 1984. Interesting, huh?

You also might like to know that Strothman & Company is a now a member of the “G400”. The American Institute of CPAs has a Major Firms Group which consists of the Top 100 CPA firms in the U.S. Their next group is the G400, which consists of the next 400 largest U.S. firms. The AICPA told us that we are one of the top 5 largest Kentucky-based CPA firms.