Accounting firm The Bonadio Group is No. 40 on a list of Accounting Today’s 2015 Top 100 Firms, moving up 10 spots from 2014.
The firm again is the highest ranking on the list from upstate New York. The program salutes the nation’s top revenue-producing practices among the nation’s 45,000 CPA firms.
Having joined the ranks of the Top 100 in 2007, The Bonadio Group reported its eighth consecutive year of growth in 2014, with a more than 21 percent increase in projected revenue over 2013. The growth, according to a release, is significantly higher than the industry average of 8.4 percent reported by Accounting Today. As a result of the firm’s revenue increase and growth, it was also recognized on Accounting Today’s Fastest Growing Firms in the U.S. — ranking 13th overall.
“It’s gratifying to receive this national recognition,” said Thomas Bonadio, CEO and managing partner. “But the real value of growth is in our ability to provide greater service to our clients and award more promotions to our employees.”
The Bonadio Group, which merged with a Buffalo firm and Syracuse firm in the last six months, serves more than 21,000 clients in New York state, as well as nationally and internationally. With 10 offices and a growing number of employees, the firm has projected revenues of $88 million for fiscal 2015 (ending April 30), and a projected run rate of approximately $100 million in fiscal 2016.
The entire list of firms can be accessed at www.webcpa.com.