PYA is honored to be recognized in several categories in the Accounting Today 2024 Top 100 Firms report. The firm, which serves clients in all 50 states, is named the leader in consulting among U.S. firms under $100 million, up from the No. 2 spot in 2023. Also, PYA ranks among the Top 100 accounting firms across the nation, the eighth year for this designation, and PYA is recognized as one of the Top 10 largest firms in the Southeast and the second largest headquartered in Tennessee.
The annual rankings are based on total revenues, percentage of revenue increase, number of employees, and other metrics collected through a survey process of accounting firms.
“A certified public accounting firm with a highly successful, and nationally awarded, consulting and business advisory service line is advantageous to the clients we serve,” said Marty Brown, President and Chief Executive Officer. “To us, it’s a reflection of our colleagues, their exceptional client service, their unparalleled expertise, and their leadership in expanding our service lines to go where our clients need us.”
According to the Accounting Today report, the Top 100 firms showed substantial revenue growth across the board in 2023, but they face a continuing struggle to attract and retain top talent due to the dwindling pipeline of new graduates. The service line with the highest growth rate in 2023 is client advisory services, in which firms are seeing the promise of more growth and the ability to better serve clients.
Another trend that continues to emerge according to the report is the integration of capital investment leading to growth and opportunity for some and buyouts and mergers for others.
“PYA was founded more than 40 years ago on a set of core values relentlessly focused on relationships. This requires absolute impartiality and the ability to advise our clients on what’s best for them without hesitation,” Brown said. “We choose to remain independently owned to ensure that happens.”
