CliftonLarsonAllen LLP (CLA) is a top U.S. professional services firm, offering audit, assurance, consulting, tax, and wealth advisory services. Established in 1953, CLA is recognized for its personalized approach to client service. As of September 2021, it ranks among the top 10 largest accounting firms in the U.S., with over 7,000 professionals across 120 locations. CLA serves a broad client base, including privately held businesses, public sector entities, and affluent individuals, across various industries such as agribusiness, construction, health care, and real estate. Founded in 1919, it ranks among the top 15 largest accounting firms based on revenue as of September 2021.
- For instance, if you’ve been in a senior management role, you may not have been involved with hands-on accounting functions for a long time.
- Often referred to as the ‘Big Four’, Deloitte LLP, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG LLP dominate the accounting industry not only in the U.S., but globally.
- They collaborate with all companies, including small start-ups and larger corporations.
- Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities.
Headquartered in Chicago, Illinois, BDO USA has more than 60 offices and hundreds of alliance locations throughout the U.S. The firm serves a diverse range of clients, from closely-held private companies to multinational corporations, and across a wide variety of industries including real estate, manufacturing, healthcare, retail, and more. Baker Tilly US, LLP offers a wide range of services including audit and assurance, tax, risk, and performance advisory, among others. It serves a diverse client base across various industries, such as construction, financial services, healthcare, manufacturing, and public sector. Accounting firms play a pivotal role in the financial health of businesses and the economy at large.
Elan Consulting has been providing both local and foreign companies with systematic tax and accounting services for over three decades and has pushed the envelope with its automated accounting model. The top accounting firms in the U.S. significantly influence the country’s economic landscape. These firms are not only champions in their field but are also at the forefront of technological integration, setting the pace for the industry’s future. As digital transformation continues to evolve, the landscape of the accounting industry will undoubtedly continue to change, with these top firms leading the way. The pandemic disrupted normal business operations on an unprecedented scale. Accounting firms helped businesses develop continuity plans to manage operational challenges.
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The firm is headquartered in London, England, but it maintains offices in various parts of the world, including the United States. EY provides assurance (including financial audit), tax, consulting, and advisory services to companies across various industries. Deloitte LLP is the US member firm of Deloitte Touche Tohmatsu Limited (DTTL), a UK private company is by far the most popular and largest accounting firm worldwide. Deloitte provides industry-leading audit, consulting, tax, and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500 and more than 7,000 private companies.
Shifting demographics, changes in consumer behavior, a dynamic tax and regulatory environment, technology, and a multitude of other factors are having a profound impact on the future of accounting. Which types of consultants are in biggest demand will likely change from year to year, as the profession continues to evolve to meet consumer needs. Increasing regulatory requirements, cybersecurity threats, talent acquisition and retention, and the ever-present need for technological advancement are constant hurdles. However, these challenges also present opportunities for firms to innovate and adapt, further cementing their positions at the top of the industry. PwC offers a unique ‘Be well, work well’ program aimed at supporting employees’ physical and mental health. They also emphasize personal and professional development through their ‘Your Tomorrow’ program.
There’s another practical difference between serving as a traditional accountant and becoming an accounting consultant; namely, it’s how you get paid. Conventionally, accountants bill for time spent, whereas a consultant usually provides up-front pricing for specific consulting engagements, above and beyond the hourly billing for compliance and technical services. When you ask what accounting consultants do, there are many different answers, depending on the different needs their clients have, the areas of specialization they focus on, their geographic region, and many other factors.
- Topmost positions for revenue-based lead across the world in the past few years.
- Marcum’s Media, Gaming & Entertainment Practice can help your company successfully navigate this evolving marketplace to solve your business issues and realize your goals.
- EY, formerly known as Ernst & young global limited, is a multinational global firm that offers its services for many businesses and individuals.
- The top accounting firms contribute significantly to the U.S. economy, shaping financial landscapes and setting industry standards.
You can start your business on a work-from-home basis or an offline basis. Hourly rates for accounting consultants range from $27.39 (Tampa, FL) to $44.39 (Washington, D.C.). No matter the timing of your transition to accounting consulting, you will need to plan your new business in advance. There may be additional training or education to help you specialize in a particular type of consulting, but there are also other considerations that require some forethought.
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To gain insight into which firm might best suit your lifestyle and professional goals, schedule a one-hour session with one of our consulting coaches. Generally speaking, your clients will expect a fixed fee for consulting services. Not only that, but if you stick to hourly billing, you will need to take on and maintain more clients to increase your profits. With a fixed consulting fee, you charge for your value, above and beyond your time. Your clients pay you for your expertise, knowledge and guidance, and you will likely reap the rewards of that relationship in terms of more business from them and their referrals as well.
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In the U.S., EY serves a broad range of clients, including start-ups, governmental agencies, nonprofits, and large corporations. The firm has expertise in fields such as financial services, technology, real estate, health, entertainment, and more. The top Accounting consulting firms in the US list presents the country’s leading consultancy firms in the industry, based on our unique database of more than 2 million data points spanning insights from clients and consultants. We are one of the largest providers of finance and accounting services with a team of over 40,000 people, providing services to more than 300 clients in 30 languages, from 64 global delivery centers. We’re ready to help your business deliver outcomes that make it stand out in the market and grow. Genpact’s accounting and finance consulting services guide CFOs as they create future-ready finance functions.
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The PwC Alumni network is about helping you stay a part of the PwC community and connecting you to former colleagues and friends top names over the last 100 years who have made an impact in your career. For top-performing C-suite executives, reinvention may mean collaboration.
What’s the difference between accounting and consulting?
Our transformation frameworks, master data management (MDM), and digital capabilities will be key. Learn how to transform your tax operating model to address tax management challenges and position your team—and your business—for the future. With so much on your accounting team’s plate, going it alone can be a risky approach. Deloitte’s accounting advisory offerings can help you navigate some of accounting’s most complex challenges. Getting your clients and building a name can be a huge task and will require time and patience, but nothing is impossible with sheer will and hard work.
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They collaborate with all companies, including small start-ups and larger corporations. They are headquartered in the United States but are among the leading firms in the world. Here is a list of 10 leading Accounting Consulting Firms that provide their services to businesses, be it small start-ups or multinational companies. With Practice Forward content, tools and guidance, you can expand into advisory services, improve margins, drive growth, and elevate client service. Department of Labor’s Bureau of Labor Statistics, the unemployment rate for accountants and auditors was 1.4% in the fourth quarter of 2019.