GREENVILLE, S.C. (August 10, 2016) – Elliott Davis Decosimo is pleased to announce being recognized as one of the top 30 largest accounting firms in the U.S. by INSIDE Public Accounting (IPA). The firm moves up in rankings from No. 33 to No. 29 on the IPA 100 list and placed second among the fastest growing firms. The publication’s annual Top 100 Firms report ranks accounting firms nationwide based on net revenue and evaluates various accounting industry benchmarks.
The IPA 100 identifies the nation’s largest accounting firms and serves as a barometer of the overall health, challenges and opportunities of the industry. More than 500 accounting firms across the U.S. complete the in-depth financial and operational survey. The data is then used to compile the annual rankings of the 300 largest accounting firms. The annual IPA rankings are among the longest-running, most accurate and up-to-date for the accounting industry.
“Moving up four positions on the IPA 100 list and being recognized as a leader for firm growth is a tremendous achievement in the competitive environment we operate,” said Managing Shareholder, Rick Davis. “With strategic growth as a key priority, our firm will continue to focus on making a positive impact on our clients, communities and people which we feel has contributed to the double-digit percentage revenue growth we’ve experienced the last several years.”
In addition to being honored on the IPA 100, Elliott Davis Decosimo placed second on the IPA 100 Fastest-Growing Firms list with a 19.9% increase in net revenue over last year. IPA identifies the fastest-growing firms based on reported organic growth in net revenue, without the influence of mergers. This year’s IPA 100 Fastest-Growing Firms experienced an impressive average organic increase in net revenue of 17.1%.