The biggest firms in the accounting profession are emerging from the pandemic in strong position, having recorded double-digit growth in 2023 and found ways to continue boosting their staff and partner numbers.
Their rates of growth weren’t quite as strong as those they recorded in 2022, but they remain among the highest of this century, and overall paint a picture of a group of firms that are successfully adapting to a rapidly changing environment — finding ways to manage the staff shortage, exploring new service lines (particularly client advisory services), leveraging technology to the hilt, making the most of private equity’s entry into the field, and placing more and more of a focus on advisory services.
