For the seventh year in a row, PYA ranks as one of the Top 100 CPA firms in the nation in Accounting Today’s 2023 Top 100 report. The annual rankings consider total revenues, percentage of revenue increase, number of employees, and other metrics collected through a survey of accounting firms. PYA’s growth in revenue and personnel during the year are noted in the ranking.
Of particular focus in the 2023 rankings is the recognition of the value and growth of advisory work. “…the leading firms in accounting have come to understand that they need to consistently pursue growth in a number of different ways, from more deeply engaging staff to leveraging technology, professionalizing their marketing and business development, and, perhaps most important, dedicating themselves to advisory services. The results of that focus on advisory work, by the way, are clearly on display in the areas where many of the T100 are finding growth…,” according to the report.
Among firms with revenue of $100 million or less, PYA is ranked second in the Leaders in Consulting category, reflecting the firm’s strength in consulting/business advisory services.
PYA remains one of the Top 10 firms in the Southeast and is the second largest by revenue in Tennessee.
As the Top 100 ranking indicates, PYA has excelled in the areas of staff engagement, technology, marketing, business development, and advisory services.
“We are fortunate to have colleagues who care deeply about building genuine relationships with our clients,” said PYA President and CEO Marty Brown. “PYA has been able to expand our services to respected organizations in all 50 states as a direct result of these relationships.”
Mentioned in the 2023 Accounting Today report was PYA’s May 2022 ownership purchase in Crux Strategies, a Nashville-based business advisory and consulting firm. As a new affiliate firm in the PYA Enterprise, Crux Strategies joins other affiliates, Realty Trust Group, PYA Waltman Capital, and Intuitive MB.
Celebrating its 40th anniversary in 2023, PYA provides tax, audit and assurance, and myriad strategic planning and business advisory services including assistance with operations, valuation, and compliance. Despite evolving regulatory changes, PYA continues to find solutions to help healthcare, banking, real estate, non-profits, and other industry clients navigate hurdles and pursue opportunities.