We've meticulously evaluated over 800 service providers to select the top 10 accounting firms, focusing on their expertise, key services, successful projects, client testimonials, pricing structures, and industry accolades. Examine their specialties and featured case studies to make an informed decision in finding a suitable partner.
Table of Contents
The Number 1 Accounting Firm as Selected by DesignRush Is...
1. Marcum
- Best for: Overall
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 1951
- Size: 1000 & Up
- Location: New York CIty, NY
- Notable clients: Climate and Clean Energy Equity Fund
Marcum provides end-to-end accounting, traditional tax, and assurance services, complemented with financial, risk, and transaction advisory services. Its extended offering comprises mergers and acquisition planning, family office services, forensic accounting, business valuation, and litigation support. Marcum caters to privately held and publicly traded companies, high-net-worth individuals, private equity, and hedge funds, helping them bridge financial management gaps.
Marcum Success Story
- Challenge: A nonprofit company had been working with the same outsourced accounting firm since the mid-90s, which also managed its accounting system. Upon conducting an external audit, the client identified a material weakness in its internal controls, rendering them concerned about the incumbent firm's work.
- Solution: Marcum aimed to restore confidence in the organization's accounting and finance functions by introducing new workflows and accounting systems. It implemented a new Sage Intacct accounting system, moved accounts payable processing to a web-based system, and helped integrate Fluxx grant management and HubSpot CRM software.
- Results: Having improved workflows and internal controls established, the client received clean reports from its audit. Marcum continued serving as the nonprofit's trusted advisor for additional projects, helping them evaluate alternative revenue streams and selecting and implementing new budgeting software.
2. TGG Accounting
- Best for: Accounting system implementation
- Average hourly rate: $50
- Minimum budget: Inquire
- Founded: 2006
- Size: 100-249
- Location: San Antonio, TX
- Notable clients: Flying A Media, PRO Compression, BirdRock Systems, MJBiz, Tourmaline Enterprises
TGG Accounting specializes in outsourced accounting services. It provides a full-scale accounting department for small businesses, covering staff accountants, accounting managers, and controllers. As part of the service, it handles day-to-day transactions, financial reporting, payroll, and other critical accounting services. Other notable company specialties include finance consulting, cash flow forecasting, exit planning, mergers and acquisitions (M&A), and more.
TGG Accounting Success Story
- Challenge: Advertising company Flying A Media sought TGG Accounting’s assistance in improving its internal accounting systems. The company lacked the expertise and structured processes needed for consistent and accurate financial management, limiting its ability to scale effectively.
- Solution: TGG Accounting stepped in to accommodate the client’s request by implementing a comprehensive accounting manual, introducing new systems, and providing staff training. Beyond system adaptations, the agency aimed to instill confidence within Flying A Media's team to handle much of the accounting work themselves.
- Results: The partnership with TGG Accounting brought transformational results for Flying A Media; it successfully navigated complex asset purchases, streamlined its financial systems, and gained a clearer view of its financial operations. Additionally, it established important key performance indicators and benchmarks, which enabled the client to manage the business more effectively and prepare for future growth stages.
Check TGG Accounting Agency Profile
3. Smith Schafer
- Best for: Financial due diligence
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 1971
- Size: 100-249
- Location: Rochester, MN
- Notable clients: Reimagine Southwest, Baser Freight, D&R Star, Washburn McReavy Funeral Chapels, Fusion Logistics
Smith Schafer is an accounting firm helping businesses realize growth via accounting, tax, and consulting solutions. Offering comprehensive accounting services, including CFO services, monthly bookkeeping, monthly and quarterly bank reconciliations, payroll support, and financial reporting, the company aims to introduce flows and finance management practices that support strategic decisions. Smith Schafer boasts an 86% net promoter score (NPS) and a 96.4% satisfaction rating, affirming its dedication to clients’ requests.
Smith Schafer Success Story
- Challenge: A client who recently acquired a subsidiary tasked Smith Shafer with assessing the new personnel, processes, and ERP systems to ensure seamless integration and efficiency.
- Solution: Smith Schafer approached the task by engaging with both management parties and corporate executives to understand their goals and concerns. It interviewed the finance staff and reviewed accounting procedures and ERP systems, identifying misalignments that caused inefficiencies and prolonged the monthly financial closing process.
- Results: Following the review, the Board of Directors received an evaluation of staff's strengths and weaknesses and suggestions for improving accounting procedures to comply with GAAP. Additionally, they were given recommendations for enhancing the ERP system to improve management reporting, reduce month-end close times, and increase the accuracy of financial statements.
Check Smith Schafer Agency Profile
4. Kaufman Rossin
- Best for: Accounting process standardization
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 1962
- Size: 250-499
- Location: New York City, NY
- Notable clients: Britto Central, Inc., CoraCGI, Golden State Bank, Broward Crime Stoppers, Neon Money, LLC
Kaufman Rossin leverages decades of accounting experience to help clients seize financial opportunities and stay compliant with evolving standards. Its accounting portfolio spans family office services, QuickBooks consulting, real-time, and traditional accounting. With over 600 employees, the company specializes in account reconciliation, accounts payable/receivable, payroll recording, sales tax preparation, and financial forecasting services intended to reduce workload, tap into new potential, and enhance client satisfaction.
Kaufman Rossin Success Story
- Challenge: An established healthcare organization contacted Kaufman Rossin for advice on its accounting department’s performance. The department had not produced financial statements for three months and lacked the capability to handle complex scenarios associated with fund and nonprofit accounting.
- Solution: Kaufman Rossin provided outsourced accounting services and restructured the department. It compiled monthly financial statements, redefined and standardized processes, and created standard operating procedures (SOPs). The measures were envisioned to ease several critical processes, including monthly closings, cash reconciliations, and compensation processing.
- Results: Following the restructuring, the organization established a leaner, well-organized accounting and finance department with standardized processes and SOPs. Key achievements included 22 SOPs for key processes, successful monthly closings for six months, and monthly reconciliations for over 30 bank accounts, which had not been performed in over a year.
Check Kaufman Rossin Agency Profile
5. Milestone
- Best for: Fractional CFO services
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 2020
- Size: Under 49
- Location: Carmel, IN
- Notable clients: Meridian Hills Country Club, Sullivan Hardware & Garden, Blind Zebra, Lessonly, Arborgold Software
Milestone offers accounting, HR, and payroll services catering to enterprises of all scales. As part of its accounting service, the company provides bookkeeping, fractional CFO services, and accounting system design and implementation, poised to help businesses run clean books and reduce their tax liabilities through strategic planning. Milestone is committed to transforming accounting into a competitive advantage through insightful financial statements, tailored financial reporting and management flows, and verified financial audits.
Milestone Success Story
- Challenge: Meridian Hills Country Club (MHCC) hired Milestone to find a new controller to replace their retiring one, who could handle daily tasks and offer strategic advice to improve the accounting department's efficiency.
- Solution: Milestone conducted an initial accounting and financial operations assessment. Following a successful assessment, Milestone was tasked with providing ongoing fractional controllership and CFO services, acting as a key liaison with the Board and Finance Committee. Milestone also led strategic initiatives for process improvement and audit preparation.
- Results: Milestone quickly filled the gap left by the previous accountant, improving overall operational efficiency and effectiveness. Specific improvements were noted in the month-end closing processes, member billing and collections, and payroll processing.
Check Milestone Agency Profile
6. Wipfli
- Best for: General ledger accounting
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 1930
- Size: 1000 & Up
- Location: Billings, MO
- Notable clients: Chippewa Sand Transport, Antigo Sign & Display, Seminole Nation Gaming Enterprise, Allstar Holdings, Gale Construction
Wipfli is an accounting firm that provides actionable financial insights to enhance business value. With decades of combined experience and specialized knowledge across various industries, Wipfli helps organizations with technical accounting, financial planning and analysis, accounting compilation, and IPO and audit readiness. Fractional CFO and controller functions encompass one of its key specialties, assisting businesses in key accounting areas such as strategic planning, margin evaluation, debt structuring, month-end close processing, financial analysis, KPI monitoring, and more.
Wipfli Success Story
- Challenge: Chippewa Sand Transport, a short-haul trucking operation, needed comprehensive bookkeeping and financial management services for its accounts payable, accounts receivable, general ledger maintenance, payroll, and other administrative tasks.
- Solution: Wipfli provided a range of back-office services, including general ledger accounting, payroll processing, vendor bill payments, customer invoice preparation, bank account reconciliation, monthly financial statements, and tax return preparation.
- Results: Wipfli’s outsourced services proved to be a more cost-effective investment than hiring additional personnel. The firm ensured that all accounting tasks were performed quickly, efficiently, and accurately, allowing Chippewa Sand Transport to focus on its core business operations.
7. KMK Ventures
- Best for: Accounts payable/receivable services
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 2007
- Size: 100-249
- Location: Ahmedabad, India
- Notable clients: Budget Wireless Group, Bentonchem industries, MEDIQ Urgent Care
KMK Ventures offers comprehensive outsourced accounting and tax services, acting as an extended accounting back office for businesses. Its accounting suite encompasses bookkeeping, accounts payable and receivable management, tax preparation, audit support, virtual CFO services, inventory management, payroll management, and financial planning and analysis. KMK Venture’s seasoned accountants enable clients to keep accurate financial records, supporting their operations via ledger maintenance, financial statement curation, and bank account reconciliation.
KMK Ventures Success Story
- Challenge: Budget Wireless Group (BG) struggled with establishing robust internal control systems across its 300 points of sale and corresponding bank accounts. Due to an underdeveloped accounting department, it lacked visibility into operational financial results. BG sought to streamline accounts receivable, accounts payable, and inventory management processes while needing HR support for multi-state payroll processing.
- Solution: KMK Ventures onboarded 22 full-time equivalents (FTEs) as an extension to the client’s onshore accounting team. Beyond the new hires, the company reviewed BG’s business workflow to identify bottlenecks and deployed a Robotic Process Automation (RPA) feature to automate bank statement downloads for over 300 accounts, saving over 4 hours daily.
- Results: BG reduced operational overheads by over 50% and decreased its month-end close cycle to 10 days. Implementing a just-in-time ordering reduced inventory by over $6 million while successfully resolving disputes of over $5 million due to reconciling commissions.
Check KMK Ventures Agency Profile
8. Invensis
- Best for: Bookkeeping
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 2000
- Size: 1000 & Up
- Location: Lewisville, TX
- Notable clients: Philips, Trend West, GRM, Chatham University, Groupon
Invensis offers comprehensive finance and accounting outsourcing services, serving as a one-stop solutions vendor for over 1,000 clients globally. With over 24 years of experience and a team of over 5000 experienced professionals, Invensis offers tailored solutions that promote scalability and agility and deliver results. Its accounting specialties include bookkeeping, financial analysis, accounts payable and receivable services, payroll processing, tax preparation, and more. Using tools like QuickBooks, Xero, NetSuite, and Sage, the company curates strategic financial plans, forecasts financial positions, and introduces new flows to streamline clients’ accounting practices.
Invensis Success Story
- Challenge: А Mexican fast-food chain in Brazil needed to manage daily finance and accounting tasks, including processing invoices, bookkeeping, expense accounts, and reporting. The company had a significant backlog spanning three years that needed urgent resolution for tax compliance within six months.
- Solution: To reconfigure the client's accounting flows and introduce some organization, Invensis conducted a series of activities - posting daily sales from a client-shared Excel spreadsheet, posting cash or bank payments from monthly PDFs, reconciling daily bank deposits, posting credit card charges, recording deposits from online banking statements, and managing weekly payroll accounting reconciliation. Additionally, it trained its professionals, advised on software procurement, streamlined processes, and ensured data security.
- Results: Invensis' outsourcing services resulted in a 60% cost savings and a 75% increase in cash flow. They also efficiently resolved a three-year backlog, empowering the client to process more than 1,200 supplier invoices and 3,000 sales bills per month.
9. Crowe
- Best for: Month-end close processing
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 1942
- Size: 1000 & Up
- Location: Chicago, IL
- Notable clients: AbleRidge, P2 Automation, Sikich
Crowe is an accounting, consulting, and technology firm providing financial guidance through risk-based financial statement audits, tax optimization, strategic advisory, and industry-tailored consulting services. It serves a wide range of industries, offering deep insights into leading practices. As an independent member of Crowe Global, a major accounting network with over 200 firms operating in more than 130 countries, Crowe strives to help clients navigate regulatory changes, digital disruption, and counterintuitive markets while providing bespoke accounting solutions for business growth and resilience.
Crowe Success Story
- Challenge: A publicly registered financial services company encountered difficulties with high staff turnover, struggling to meet month-end close deadlines. Seeking to hire an experienced accounting staff, the company reached out to Crowe for help and requested recommendations for a shorter month-end close schedule.
- Solution: Crowe onboarded three individuals across the client’s accounting department, tasked to manage month-end close processes and assist throughout the year-end audit process. The team attended meetings, prepared and reviewed journal entries and reconciliations, and collaborated with technical accounting and cross-functional teams while training and monitoring the new hires that were envisioned to take over these roles full-time.
- Results: The new flow improvements helped the client shorten their month-end close schedule, enabling them to meet deadlines more efficiently. By mentoring the new hires on the recent flows, Crowe ensured a smooth transition and continuity in the accounting department.
10. Baker Tilly
- Best for: Financial reports
- Average hourly rate: Inquire
- Minimum budget: Inquire
- Founded: 1988
- Size: 1000 & Up
- Location: Calgary, Canada
- Notable clients: LandVest, Impact Seven, Bognet Construction, Kreilkamp Trucking, Wisconsin Physicians Service Insurance Corporation
Baker Tilly specializes in accounting and assurance services, focusing on financial statement audits, tax optimization, and advisory services. It leverages technology, data analytics, and industry expertise to deliver transparent and value-driven audit engagements, focusing on risk-based models, proactive client service, and compliance with regulatory requirements. Baker Tilly audits publicly listed and privately held companies of all sizes across, offering technical accounting and external audit support to ensure clients maintain clean books and tax compliance.
Baker Tilly Success Story
- Challenge: Real estate company LandVest, with its four divisions and over 33 small offices across the US, struggled with non-aligned processes across its branches and 70 separate checking accounts managed via QuickBooks, which complicated its cash report access. They sought Baker Tilly's help to reduce duplicate vendors and customers, streamline accounting processes, set up dashboards and reports, and consolidate accounting functions.
- Solution: Baker Tilly guided the implementation of Sage Intacct to unify the company's accounting system and standardize company-wide processes and accounting procedures. It also set up project accounting with time and expense tracking, consolidated accounting functions under one system, and enhanced reporting capabilities by creating detailed reports and dashboards for real-time financial overviews.
- Results: With a unified system, LandVest was enabled to manage finances more efficiently, simplify and streamline key accounting processes, and improve reporting with comprehensive real-time financial insights.
Check Baker Tilly Agency Profile
How We Picked the Best Accounting Companies
To identify the top accounting companies, we conducted a thorough review of their client feedback, success stories, industry reputation, team capabilities, client base, and areas of expertise. Through in-depth assessment, our selection team evaluated each company’s track record and capabilities that make it excel in the field.
Here are the criteria we used to rank the top accounting firms:
- Client reviews: Testimonials reflecting the company’s performance, expertise, and client satisfaction
- Portfolio: Analyzing past projects to gauge the firms' capabilities and the quality of their work
- Awards and recognition: Accolades and industry mentions that validate the firms' credibility, reputation, and innovative approaches
- Team expertise: Assessing the skills, experience, and specialized knowledge of the company’s team members
- Top services: Core services and areas of expertise across the accounting niche
- Accounting expertise: Proficiency in delivering comprehensive accounting solutions, including financial analysis, reporting, advisory services, and compliance with regulatory standards
Find out more about our selection process on the DesignRush Agency Ranking Methodology page.
10 Most Popular Accounting Firms Compared
Agency name | Location | Hourly rate | Size | Best for |
Marcum | New York City, NY | Inquire | 1000 & Up | Overall |
TGG Accounting | San Antonio, TX | $50 | 100-249 | Accounting system implementation |
Smith Schafer | Rochester, MN | Inquire | 100-249 | Financial due diligence |
Kaufman Rossin | New York City, NY | Inquire | 250-499 | Accounting process standardization |
Milestone | Carmel, IN | Inquire | Under 49 | Fractional CFO services |
Wipfli | Billings, MO | Inquire | 1000 & Up | General ledger accounting |
KMK Ventures | Ahmedabad, India | Inquire | 100-249 | Accounts payable/receivable services |
Invensis | Lewisville, TX | Inquire | 1000 & Up | Bookkeeping |
Crowe | Chicago, IL | Inquire | 1000 & Up | Month-end close processing |
Baker Tilly | Calgary, Canada | Inquire | 1000 & Up | Financial reports |
Best Atlanta Accounting Company Rankings
- CKH Group, a CPA-led firm offering powerful assurance, tax, accounting, and advisory services to small businesses, global enterprises, and government entities. CKH Group also provides customized [... view the full profile of CKH Group]Atlanta, Georgia 100 - 249 Inquire Inquire
- Warren Averett is a leading accounting firm in the Southeastern region, ranked among the top 35 in the United States. Our comprehensive services go beyond traditional accounting, encompassing [... view the full profile of Warren Averett]Atlanta, Georgia 1000 & Up Inquire Inquire
- Protiviti is a global consulting firm that offers deep expertise, objective insights, and tailored solutions to empower leaders in tackling future challenges. With a comprehensive range of services [... view the full profile of Protiviti]Atlanta, Georgia 1000 & Up Inquire Inquire
- Crowe LLP is a global accounting firm offering audit, tax, advisory, and consulting services. With deep industry expertise, we empower businesses to make informed decisions for lasting value. [... view the full profile of Crowe]Atlanta, Georgia 1000 & Up Inquire Inquire
- Grant Thornton LLP (US) is an IT, project management, audit, tax, AgTech, and BPO company headquartered in Chicago, Illinois with over 50 U.S. offices and access to a global network or member firms in [... view the full profile of Grant Thornton]Atlanta, Georgia 1000 & Up $35/hr $1,000 - $10,000
- Accenture is a renowned worldwide IT services company that excels in digital, cloud, and security solutions. With an extensive range of expertise across over 40 industries, we provide a comprehensive [... view the full profile of Accenture]Atlanta, Georgia 1000 & Up Inquire Inquire
- Graphite is a full-service, fractional accounting and finance firm specializing in early-stage, high-growth startups. [... view the full profile of Graphite]Atlanta, Georgia Under 49 Inquire Inquire
- Build it Accounting is establishing a new standard. Our objective is to assist contractors in building profit, wealth, and a life they like. We are now remodeling to lay a solid foundation, accounting [... view the full profile of Build It Accounting]Atlanta, Georgia Under 49 Inquire Under $1,000
- FairShare Advisors offers comprehensive financial services tailored to individual needs, from divorce financial analysis to business valuations and taxation optimization. The firm's expert team [... view the full profile of FairShare Advisors]Atlanta, Georgia Under 49 Inquire Inquire
- Apex® HCM is a market leader in licensing cloud-based payroll, benefits and HR technology. Over 300 payroll service firms nationally use Apex's technology as the core of their business foundation. [... view the full profile of Apex HCM]Atlanta, Georgia 100 - 249 Inquire Under $1,000
Need Help Selecting The Right Agency For Your Project?
We'll Find The Best Agencies For You- We are GreenSlate.Ready to cut the people-wrangling, paper-chasing and pencil-pushing? So are we. There’s a lot riding on your production — it has to go smoothly. We’re here to get it done [... view the full profile of GreenSlate]Atlanta, Georgia 100 - 249 Inquire Inquire
- While many advisors say clients are their priority, Smith and Howard lives and breathes a promise of personal, responsive client service. We are driven by creating extraordinary value for our clients [... view the full profile of Smith And Howard]Atlanta, Georgia 100 - 249 Inquire Inquire
- HLB Gross Collins, P.C is an Atlanta-based full service certified public accounting and consulting firm that has been providing excellence in client service for fifty years. Throughout our history, we [... view the full profile of HLB Gross Collins]Atlanta, Georgia 100 - 249 Inquire Inquire
- Mauldin & Jenkins CPAs & Advisors is a leading provider of Assurance, Tax and Advisory Services. The firm was founded in 1918 in Albany, GA. [... view the full profile of Mauldin & Jenkins, LLC]Atlanta, Georgia 250 - 499 Inquire Inquire
- FORVIS, LLP is a leading public accounting firm ranked among the top 10 in the nation. With a forward vision and unwavering commitment to unmatched client experiences, we redefine excellence in the [... view the full profile of Forvis]Atlanta, Georgia 1000 & Up Inquire Inquire
- Oasis, A Paychex Company, is a leading Professional Employer Organization (PEO). We provide Human Resources Administration, Employee Benefits, Healthcare Reform Support, Payroll Administration [... view the full profile of Paychex]Atlanta, Georgia 500 - 999 Inquire Inquire
- Wolters Kluwer (www.wolterskluwer.com) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We [... view the full profile of Wolters Kluwer]Atlanta, Georgia Under 49 Inquire Inquire
- MST is a leading provider of accounting, business advisory and financial services in Georgia and the Southeast. While we are a regional firm, we can assist our clients’ national and international [... view the full profile of Moore Stephens Tiller]Atlanta, Georgia 100 - 249 Inquire Inquire
- Carr, Riggs & Ingram CPAs and Advisors (CRI) is a Top 25 nationally ranked accounting and advisory firm located in more than 30 markets across 10 states. [... view the full profile of Carr, Riggs & Ingram]Atlanta, Georgia 1000 & Up Inquire Inquire
- Integris is your technology partner: giving you peace of mind and the tools your business needs to thrive. We provide premium technology solutions for small-to-medium-sized businesses across the [... view the full profile of Integris]Atlanta, Georgia 250 - 499 $175/hr $1,000 - $10,000
- Johnson Lambert was formed in 1986 in the Washington, DC area by Larry Johnson and Debbie Lambert, Partners Emeriti. Prior to the formation of Johnson Lambert, Larry and Debbie were both affiliated [... view the full profile of Johnson Lambert]Atlanta, Georgia 100 - 249 Inquire Inquire
- Baker Tilly USA is a privately-owned, trusted project management, tax consulting, and business advisory firm that helps public and large private enterprises navigate complex tax and financial [... view the full profile of Bakertilly]Atlanta, Georgia 100 - 249 Inquire Inquire
- Our specialties: Assurance and Advisory Services; Tax and Business Consulting; Litigation Support; Closely and Publicly Held Entities; High-Net-Worth Individuals and Family Groups; [... view the full profile of Windham Brannon]Atlanta, Georgia 100 - 249 Inquire Inquire
- EY offers Accounting, Business Consulting, and IT Services with a mission to build a better working world. It provides insights and quality services that instill trust in global capital markets and [... view the full profile of EY]Atlanta, Georgia 1000 & Up Inquire Inquire
- Aprio delivers industry-leading business advisory and accounting services tailored for entrepreneurs, businesses, investors, and individuals. The firm drives business growth through comprehensive [... view the full profile of Aprio]Atlanta, Georgia 100 - 249 Inquire Inquire
Frequently Asked Questions
What is an accounting firm?
An accounting firm is a company that specializes in various accounting and bookkeeping services for its clients. Accounting agencies ensure that their clients’ financial records are accurate, up-to-date, and within legal frameworks. They help businesses understand the financial “health” of their organizations.
What services do accounting firms provide?
Accounting firms offer a wide range of financial and advisory services to individuals, businesses, and organizations. These services are designed to help clients manage their financial affairs, comply with tax laws, make informed decisions, and achieve their financial goals.
Here are some of the key services provided by accounting companies:
- Tax planning and preparation
- Operational bookkeeping and payroll
- Business development and valuation
- Financial consulting
- Mergers and acquisitions guidance
- Estate and trust planning
- Financial audits and risk management
Is an accounting firm different from a CPA firm?
An accounting firm is different from a CPA firm in terms of scope and regulations.
Accounting firms provide a wider range of financial and accounting services. On the other hand, a CPA (Certified Public Accountant) firm specifically offers accounting and auditing services. It’s typically run by CPAs who have passed the CPA exam and are licensed to practice public accounting.
Accounting firms help their clients with day-to-day financial tasks, including payroll, financial statement preparations, and bookkeeping. On the other hand, CPA firms provide specialized services like tax planning, forensic accounting, and more.
Additionally, although accounting firms are required to stick to certain standards like generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS), they’re not as regulated as CPA firms.
CPA firms are bound by a tighter web of regulations. They need to undergo rigorous ongoing education, ethical high bars, and meticulous quality checks. They are also regulated and licensed by state boards of accountancy.
How much do accounting companies charge for their services?
Accounting firms typically charge from $20-50/hour for basic bookkeeping to $300/hour for specialized consulting. [Hello Bonsai] Their costs are usually based on a fixed fee, hourly rate, or percentage of assets managed. That said, costs can vary depending on the firm’s experience level and qualifications, location, and complexity of work.
The average costs per accounting project based on business size are shown in the table below:
Project/service | Individuals/smaller businesses | Larger enterprises |
Tax preparation | $100 - $500 | $500 - $5,000 |
Financial statement review | $1,000 - $5,000 | $500 - $5,000 |
Auditing services | $5,000 - $25,000 | $50,000 - $100,000 |
Why should I hire an accounting firm?
Hiring an accounting firm provides expertise in financial management, ensuring compliance with tax laws and financial regulations. These companies:
- Provide valuable financial guidance and planning
- Handle financial tasks, freeing up your time
- Maintain precise financial records
- Reduce the risk of financial mistakes
- Give valuable insight into your business’s financial aspect
- Are often cost-effective compared to hiring in-house staff
Businesses can gain numerous benefits from outsourcing their accounting needs. For example, in a case study by TGG Accounting, a collaboration between its accounting firm and Flying A Media increased operational efficiency. The agency established a comprehensive accounting manual, integrated new systems, and trained staff.
How to choose the right accounting company for my business?
Here is a step-by-step guide to finding the right accounting firm for your business:
- Determine your needs: Identify your specific accounting and financial needs. Determine whether you need tax preparation, bookkeeping, audit services, financial planning, or a combination of services.
- Ask for referrals from fellow business owners: Seek recommendations from other professionals in your industry. Referrals can be a valuable way to identify trusted partners and avoid potential pitfalls.
- Conduct online research: Online reviews and testimonials can provide unique insight into how the company works and how well it takes care of its clients.
- Review their pricing, deliverables, and payment structure: Understand how they charge, (e.g., fixed fee, hourly rate, or retainer). Clarify any hidden costs or minimum contract value.
- Check what technologies they are using: Find out if they’re fluent with the latest accounting tools and software like Xero, QuickBooks, and others.
- Find out if they’re certified: Are they certified public accountants (CPA), chartered accountants (CA), certified management accountants (CMA), or others? Although bookkeeping and tax regulation don’t necessarily require certified professionals, securing loans and auditing do.
Need help finding the best accounting firm that matches your business needs? Just tell us what kind of accounting services you’re looking for, and our Agency Team will send you a list of top accounting firms that we think are the best fit.
Visit the Marketplace to learn more about this free service.
What questions should I ask accounting firms before hiring one?
If you’re considering hiring an accounting firm, there are several questions you should ask to ensure they’re the right fit for your needs. Here’s a list of targeted questions to guide your decision-making:
- What specific accounting services do you offer?
- Do you have experience working with clients of similar industry and size?
- Are you adept at using the latest accounting software or tools like QuickBooks, FreshBooks, Xerox, and more?
- Are you open to learning about the accounting tools that my business currently uses?
- How do you ensure data security and confidentiality?
- How do you identify potential tax-saving opportunities for my business?
- What are some of the tax strategies you've implemented for clients in the past?
- How do you stay updated on the latest changes in accounting regulations and tax laws?
- How can you ensure my business remains compliant with all relevant financial regulations?
- How can you assist in long-term financial planning for my business's growth and stability?
- Could you provide references from current or past clients?
- How do you structure your fees (e.g., hourly rate, flat fee, percentage of revenue)?
- How often can I expect updates and reports on my financial situation?
- What's your preferred mode of communication? How quickly can I reach you if I have questions or concerns?
- How do you handle discrepancies and disagreements regarding finances?
What are the most popular locations for accounting firms?
Accounting firms tend to cluster in areas where there is a high concentration of businesses, financial institutions, and economic activity. Some of the most popular locations for accounting companies include:
What are the leading accounting firms in the U.S.?
Agency | DesignRush rating | Google rating | Top clients |
CapexCPA | 4.9 (2 reviews) | 4.9 (105 reviews) |
|
Outbooks | 4.8 (1 review) | 4.6 (8 reviews) |
|
Jordensky | 4.8 (1 review) | 4.9 (40 reviews) |
|
Avidity | 4.7 (1 review) | 5.0 (4 reviews) |
|
Outstaff Your Team | 5.0 (4 reviews) | 5.0 (28 reviews) |
|
What are the Big 4 Accounting Firms?
The "Big 4" refers to the world’s four largest public accounting firms by revenue, encompassing Deloitte, PwC, EY, and KPMG. These accounting conglomerates are estimated to audit more than 80% of all US publicly listed entities, showcasing esteemed prominence in corporate finance advisory, audit, tax, data assurance, and digital transformation. Cumulatively, they amass more than $100 billion in revenue and have substantial influence and a globally established client base.
Here's a brief breakdown of all Big 4 accounting firms:
- Deloitte
Known for its global presence, Deloitte provides a wide range of services, including audit, consulting, tax, and advisory. The company’s workforce comprises over 330,000 members spread across 150 global locations. Over the last 25 years, Fortune Magazine has honored Deloitte as one of the ‘100 Best Companies to Work For in America’. - PwC (PricewaterhouseCoopers)
PwC is renowned for its audit and assurance services, international financial reporting standards (IFRS) reporting, consulting, and tax solutions. Its global operations are spread across 159 countries, with local offices in 800 cities. PwC secured the 22nd spot on Fortune's 2024 ‘100 Best Companies to Work For' list, marking its highest ranking in seven years. - EY (Ernst & Young)
EY’s commitment to building a better working world is reflected through its broad range of services pertinent to assurance, advisement, taxation, and financial audit. The company supports digital pioneers in fighting data piracy, helps governments navigate cash-flow crises, and conducts high-quality audits to foster trust in financial markets and businesses. EY’s employee network comprises 400,000 people and one million alumni scattered across 150 global branches. - KPMG
KPMG assists global organizations in managing risks and seizing financial opportunities via holistic audit, tax, and advisory services. The conglomerate caters to businesses, governments, public-sector agencies, non-profits, and through their audit and assurance practices, the capital markets. KPMG operates in 143 countries, and in FY23, the branches collectively employed over 270,000 people.
Table of Contents
- What Makes Accounting Firms in Atlanta Unique Compared to US Peers
- What Services Do Atlanta Accountants Provide?
- How Much Do Accounting Services in Atlanta, GA cost?
- Why Should You Hire Atlanta Accounting Firms?
- How to Select Best Atlanta Accountant
- 11 Questions to Ask Atlanta Accounting Firms Before You Hire One
- Takeaways on Accounting Firms in Atlanta
What Makes Accounting Firms in Atlanta Unique Compared to US Peers
Accounting firms in Atlanta provide standard accounting services and financial consulting, however, they differentiate from their competitors in the rest of the country for these reasons:
1. Atlanta Draws Skilled Professionals from Across the Nation
The Gate City of the South is among the best 20 cities for young experts in the United States. This ranking is based on a couple of important factors such as the number of millennial residents, job opportunities, affordable housing and more.
Additionally, Indeed, the popular job search engine, ranks Atlanta among the best cities for jobs, especially for highly educated talent.
Aside from job opportunities, Georgia’s capital enjoys an affordable cost of living (below the national average) which is the primary reason it attracts young talent.
Currently, there are 2,889 accounting job openings in the area from renowned companies like Coca-Cola, Google and more.
These conditions granted Atlanta the 13th spot among Forbes’ best cities for business and careers.
Atlanta is attracting ambitious young professionals from all over the States, including ready-to-work graduates who want to bring their A-game to ever-expanding accounting needs for the locally dominant industries.
2. Atlanta Is Home Of Growing Industries
A significant number of growing industries push Atlanta’s economy forward, including:
- Advanced manufacturing
- Fintech
- Healthcare IT
- Logistics and supply chain
- And more
Not unlike their peers around the world, accounting firms in Atlanta tend to closely work in these predominant sectors.
Serving local clients first and foremost has enabled them to gather insights into:
- The local business environment
- Market/Economy trends
- Industry key players
- Main competitors
- Local challenges and opportunities
- And more
With these unique insights under their belt, Atlanta accountants are better positioned to create effective accounting strategies for brands operating in main industries.
3. Atlanta Has a Vibrant and Diverse Culture Scene
Thanks to its bustling street culture and graffiti, in recent years Atlanta is nicknamed the “City of Murals”.
The city boasts a diverse art scene, from street art and outstanding live performances to first-class museums and theatres.
Atlanta has long been known as a center of African American culture, higher education and political power; it is a cradle of the Civil Rights Movement and the home of Martin Luther King Jr. which is why It has often been called a "black mecca".
Atlanta also has a vibrant music scene and hosts great concerts and festivals.
Operating in such a lively and diverse environment, accounting firms in Atlanta find themselves in a unique position to cater to a multitude of different clients creatively and efficiently.
What Services Do Atlanta Accountants Provide?
Accounting firms in Atlanta provide a variety of bookkeeping and payroll services, however, some of them focus on niche services like accounting audits, finance consultancy and valuation and tax strategy.
Atlanta accountants specialize in services such as:
- Operational bookkeeping and payroll
- Business development and valuation
- Financial advisory and consulting services
Most of these accounting services can be divided between:
- Full-Service Accounting Firms
A typical Atlanta full-service accounting firm is a large company with a vast number of resources to cater to their clients’ every financial need.
Generally, these providers work with large international corporations and have enough employees dedicated to specific accounting areas.
- Tax Planning Firms
Tax accounting firms in Atlanta specialize in tax accounting on both a corporate and individual level. They are focused on every aspect of tax accounting whether it’s tax strategy, tax preparation, or representing clients to IRS inquiries.
- Audit Firms
As the name suggests these firms perform company-wide audits for organizations, small to midsize businesses, government entities and individuals.
- Bookkeeping Firms
Small to midsize businesses often work with bookkeeping firms, especially if they are unable to afford a professional (certified) Atlanta accountant.
How Much Do Accounting Services in Atlanta, GA cost?
Atlanta accounting firms usually charge their services by the hour, but their pricing model and rates may vary depending on the type of accounting service.
The average hourly rate of Atlanta accountants ranges between $50 and $99, or $100 and $150, depending on the type of accounting project, size of the accounting firm as well as its experience.
It’s important to note that each accounting firm in Atlanta may have different pricing structures. Not counting accounting audits, flat fees are a rather uncommon model as they are typical for recurring or predictable projects so the fee itself largely depends on the scope and nature of the project/work.
Why Should You Hire Atlanta Accounting Firms?
As already mentioned, the tipping point of why you should partner with accounting firms in Atlanta is their unique experience and insight into the local market.
Since they tend to work with local businesses and industries, they are better positioned to:
- Spot key challenges and opportunities.
- Stay on top of industry trends/tax laws.
- Understand the technical lingo of the locally dominant industries.
Additionally, there are several factors to consider when partnering with an accounting firm in Atlanta. These are their:
- Access to top-tier talent: Houston’s living conditions, distinctive culture and job opportunities attract some of the best accounting specialists in the nation, which means you are likely to find top-rated talent to execute your accounting. In fact, Atlanta is the sixth-best city for accountants in the United States.
- Nationally competitive rates: Besides the fact that outsourcing can help you get professional-grade accounting without the commitment or additional costs, hiring an in-house accountant can be time-consuming. Considering the city’s relative affordability, Atlanta accountants will offer high-quality services at more nationally competitive rates.
Additional benefits include:
- Saving time on administrative tasks
- Providing transformative business advice
- Implementing new accounting strategies/reporting systems
- Planning financial strategy
- And more
How to Select Best Atlanta Accountant
Atlanta is home to many highly skillful accountants that move the needle for your business. However, one question remains - How to choose the ideal provider?
In a mission to partner with the best one, there are a couple of steps you can take when thinking of hiring one of many accounting firms in Atlanta:
1. Decide on the Type of Service You Need
Once you define your goals and evaluate your budget, your next step is determining the type of service best suited for your business needs
Accounting firms in Atlanta specialize in a couple of different areas and/or work with clients from specific industries.
So, before you make your choice, determine what you need, whether it’s tax accounting, auditing, payroll processing, bookkeeping or something else.
2. Learn About Accounting Provider’s Expertise
Focusing on your business goals, the next logical step is to look for an accounting firm that has already managed accounting projects similar to your own. Take the time to read through providers’ client reviews and experiences to gain insight into their past work (and following results).
3. Learn About Their Approach
Your prospective accounting partner should try to help you save money, and not simply manage its flow. So, whatever service you opt for, your accountants should demonstrate a clear understanding of your company’s financial operations.
4. Learn About The Team
Partnering with one of the accounting firms in Atlanta is almost a guarantee that you’ll be working with a team of experts. However, you should aim to learn who’s in charge of what, who will manage different accounting tasks, or if they are CPA certified?
Non-certified accountants may be exactly what you need to handle your business' financial statements, analysis, payroll processing and/or bookkeeping. On the other hand, if you seek sound tax advice and return preparation, you should look for accountants who are certified and licensed.
A CPA has an undergraduate degree, and has met the exam and experience requirements for specific state certification and must take continuing education courses to remain certified going forward. A Certified Management Accountant (CMA), for example, is trained to meet the demands of today's accounting requirements in addition to participating on the company's management team, etc.
11 Questions to Ask Atlanta Accounting Firms Before You Hire One
Before hiring accounting firms in Atlanta, you need to gather as much information as you can about their expertise, pricing structure, reviews and the quality of their work.
Ask them these questions:
- How long have you been in business and what services do you provide?
- Do you have the right qualifications and certificates and is your firm, licensed in Georgia to practice public accounting (CPAs)?
- What is your pricing structure?
- Have you worked with clients in our industry before?
- What challenges would you help me prepare for?
- Will my account be handled by a single person or a dedicated team?
- How will you communicate with me and how often?
- How can you help me reach my goals?
- What steps will/can you take to prepare my business for tax season?
- Can you represent me in the event of a tax audit?
- Does your fee prepare my tax return include tax advice throughout the year?
Takeaways on Accounting Firms in Atlanta
Atlanta is home to a large pool of skilled accounting specialists and outsourcing these operations to a local firm will give you access to their expertise, resources and high-quality services.
They are best equipped to infuse the latest accounting strategies into managing your business accounts, tax preparation, bookkeeping and more.
What sets Atlanta firms apart from their peers are the following:
- Access to top-rated talent
- Local market/industry experience
- Working in a diverse environment
They tend to be most competent when working for the locally dominant sectors:
- Advanced manufacturing
- Fintech
- Healthcare IT
- Logistics and supply chain
- And more
Top accounting firms in Atlanta have an average hourly rate between $50 and $99 or $100 and $150, depending on the type of service you require.
When selecting your future accounting partner consider these factors:
- Type of service you need
- Accounting firm’s experience
- Accounting firm’s business approach
- Team expertise
Best of luck!