Kahn Litwin Renza named 96th largest accounting firm in U.S.

Kahn Litwin Renza & Co. Ltd. brought in more than $35 million in revenue for the fiscal year ended in December, earning the Providence firm a spot at No. 96 on Inside Public Accounting’s annual ranking of the largest 100 accounting firms in the U.S. More

To continue reading this article, please do one of the following.



accounting

Kahn Litwin Renza named 96th largest accounting firm in U.S.

ACCOUNTING FIRM Kahn Litwin Renza & Co. Ltd. ranked as the 96th largest firm in the U.S. in Inside Public Accounting's 2014 list, moving up from No. 100 in last year's ranking.
Posted 8/6/14

PROVIDENCE – Kahn Litwin Renza & Co. Ltd. brought in more than $35 million in revenue for the fiscal year ended in December, earning the Providence firm a spot at No. 96 on Inside Public Accounting’s annual ranking of the largest 100 accounting firms in the U.S.

Kahn Litwin, the only Rhode Island-headquartered firm to make the 2014 list, moved up this year from its rank last year at No. 100.

Also named among the top 100 firms in the 2014 ranking were several firms that maintain an office in Providence but are headquartered elsewhere, including Ernst & Young LLP (No. 3), KPMG LLP (No. 4) and Marcum LLP (No. 15) of New York; CBIZ & Mayer Hoffman McCann PC (No. 10) of Cleveland; and BlumShapiro (No. 56) of West Hartford, Conn.

The top accounting firm in the country for 2014 was Deloitte LLP of New York, with $13.9 billion in revenue during the fiscal year ended June 2013 and more than 100 offices worldwide. PwC U.S. (No. 2) of New York and McGladrey LLP (No. 5) of Chicago rounded out the top five along with Ernst & Young and KPMG.

Although profit margins among the top 100 firms slipped during the last year, nearly all firms reported positive revenue growth, Inside Public Accounting said. All 100 firms averaged 6.3 percent revenue growth in fiscal year 2013 and 7.4 percent net-income growth excluding mergers.

“The further we get from the recession, the greater the number of IPA 100 firms we see with positive growth,” says Kelly Platt, principal of the Platt Group, which publishes Inside Public Accounting. “Ninety-two of the IPA 100 experienced positive organic growth (excluding the effects of mergers) this last fiscal year – a significant improvement over the past five years.”

For additional information about the top 100 firms and to view the complete ranking, visit http://blog.insidepublicaccounting.com.

Calendar
PBN Hosted
Events

Applications are now being accepted for the 14th Annual Business Excellence Awards Program. Deadline to apply is October 1st. And save the date for the Awards Dinner - November 12th at the Providence Marriott.
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement