Growth at accounting firms with over $2 million in revenue averaged 8.1 percent in 2015, according to the just-released 2016 Rosenberg Survey.
That’s up from 6.7 percent in 2014 and 2013, but less than the 11.8 percent growth seen in 2015 at firms with more than $20 million in revenue.
More than two-thirds of that growth was organic, the survey reported, with only 28 percent attributable to mergers.
The highly regarded survey, now in its 18th year, gathered data from 372 accounting firms across the country on a vast range of practice management issues, from partner age and income to gender mix, profitability measurements, staff-to-partner ratios, and more.
Among the other highlights: Income per partner at all firms over $2 million was up 3.6 percent, to $406,000, and all size categories of firms reported significant reductions in their number of partners.
Copies of the survey report, which includes almost 200 pages of benchmarking data on accounting firms, are available for $475 from the Growth Partnership.
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