2017 RANKING & REVIEWS
TOP RANKING ACCOUNTING FIRMS IN PHILADELPHIA
Finding the Top Accounting Firms in Philadelphia, Pennsylvania
When it comes to managing finances, many businesses find themselves looking for better ways to navigate through financial complexities.
While accounting software can be a good way to monitor overall spending and daily budgeting, it’s often best to rely on the services of a professional accountant.
When you partner with accounting firms in Philadelphia, the potential benefits are immense.
Professional CPAs in Philadelphia can not only assist in basic money management, but they can also help with taxes, wealth management, audits, and other crucial financial areas.
There are some primary areas many Philadelphia accounting firms focus on, including business advisement, tax services, general accounting, record-keeping, and auditing.
Finding the right accounting firm in Philadelphia is key to cultivating a strong partnership and a sound financial future.
Our list of the top accounting firms in Philadelphia represents in-depth research into what services, benefits, and policies will provide the best advantages for businesses who need the services of an accounting firm in Philadelphia.
Award Emblem: Top 12 Best Accounting Firms in Philadelphia, PA
AdvisoryHQ’s List of the Top 12 Best Accounting Firms in Philadelphia, PA
List is sorted alphabetically (click any of the firm names below to go directly to the detailed review for that accounting firm).
- BBD, LLP
- Belfint Lyons & Shuman, P.A.
- Citrin Cooperman
- Drucker & Scaccetti
- GPCD Partners, LLC
- Isdaner & Company, LLC
- Marcum LLP
- Mayer Hoffman McCann P.C.
- Tait, Weller & Baker, LLP
Click here for 2016’s ranking of the Top 11 Best Accounting Firms in Philadelphia, PA
Top 12 Best Accounting Firms in Philadelphia | Brief Comparison & Ranking
|BBD, LLP||Strong investment management services|
|Belfint Lyons & Shuman, P.A.||Regional & international expertise|
|Citrin Cooperman||Proactive communication with clients|
|CliftonLarsonAllen Wealth Advisors, LLC||Well-rounded corporate culture|
|Drucker & Scaccetti||Extensive tax expertise|
|EisnerAmper||Provides support for the community & women|
|GPCD Partners, LLC||Services catered towards small businesses|
|Isdaner & Company, LLC||Individualized attention & focus|
|Marcum, LLC||Vast array of national & international services|
|Mayer Hoffman McCann, P.C.||Stern focus on quality control & expert advisement|
|Tait, Weller & Baker, LLP||Dedication to dynamic client service|
|WithumSmith+Brown||Continued company recognition & awards|
Table: Top 12 Best Philadelphia Accounting Firms | Above list is sorted alphabetically
AdvisoryHQ’s Selection Methodology
What methodology does AdvisoryHQ use in selecting and finalizing the credit cards, financial products, firms, services, and products that are ranked on its various top-rated lists?
Please click here “AdvisoryHQ’s Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top-rated credit cards, financial accounts, firms, products, and services.
Detailed Review – Top Ranking Accounting Firms in Philadelphia, PA
Below, please find a detailed review of each firm on our list of top accounting firms in Philadelphia. We have highlighted some of the factors that allowed these Philadelphia accounting firms to score so high in our selection ranking.
One of our picks for the top accounting firms in Philadelphia, BBD, LLP, distinguishes itself from other firms in the area because of its boutique structure and approach.
BBD is one of a select group of Philadelphia CPA firms that’s registered and inspected by the Public Company Accounting Oversight Board (PCAOB), primarily because of its work with investment companies.
This intimate accounting firm in Philadelphia emphasizes the building of long-term partnerships between CPAs and clients, and, uniquely, BBD is one of the last remaining independent firms in the Philadelphia metro.
This ensures clients enjoy not just specialized service but also lower costs and localized decisions as well as advisement.
Key Factors That Led Us to Rank This Firm as a Top 2017 Accounting Firm in Philadelphia
Using our signature selection guidelines, below are some of the primary factors that led to our ranking of BBD as one of 2017’s top accounting firms in Philadelphia.
Boutique-Style Structure and Approach
While briefly mentioned above, it’s worth taking a closer look into the independence and boutique approach of this Philadelphia accounting firm.
As opposed to larger accounting firms in Philadelphia, the engagement turnover rate is low, and clients receive a significant amount of partner attention.
You’ll feel like you have a true team member at BBD rather than just being another client name.
There is also a large focus on service continuity, so you’re not being moved around from team member to team member. This approach allows clients and their CPAs to create strong, personal, and long-term relationships.
BBD takes employee engagement very seriously and works to cultivate a corporate culture that allows partners and team members to thrive and deliver the best possible service to their clients.
The firm also engages with and shows support within the community, which is unusual to find in a CPA firm.
BBD’s team members do community service, including an annual, week-long service project. This is great not only for the Philadelphia community, but also for employees.
Investment Management Services
One of the service areas that makes BBD unique is its Investment Management. This is one of the few local firms that is nationally recognized as a provider of investment management services.
The Investment Management Group can deliver audit and tax services for:
- Alternative investment funds
- Mutual funds
- Investment advisors
Whether you require services for a registered or unregistered investment company or you’re an advisory or securities broker/dealer, BBD can work with you.
This company also has an affiliate, BBD Cayman, offering auditing services for funds based in the Cayman Islands.
This top accounting firm in Philadelphia specializes in providing the highest quality level of CPA service in only a few areas, one of those being the non-profit sector.
BBD is one of the premier CPAs in Philadelphia catering to the unique auditing and tax needs of not-for-profits.
BBD employs a team of three dedicated partners and 20 professionals that works only on nonprofit client accounts.
Belfint Lyons & Shuman, P.A. Review
With a history dating back to 1923, Belfint Lyons & Shuman was created by Charles I. Belfint to ensure clients would receive a personalized, interactive approach to their accounting and tax management needs.
Since then, this Philadelphia accounting firm has continued to exceed the needs of clients and now operates under the leadership and vision of Michael T. French, CPA and Managing Director.
BLS has a team of more than 60 financial professionals, and it is one of the largest firms in Philadelphia and Delaware, with a broad range of services across West Chester, PA, and Wilmington and Dover, DE.
Image Source: Top Accounting Firms in Philadelphia
Key Factors That Enabled This Firm to Rank as a Top 2017 Accounting Firm in Philadelphia
While it was difficult to narrow down, below are some of the key deciding factors that allowed Belfint Lyons & Shuman (BLS) to be rated as one of our 2017 top 12 accounting firms in Philadelphia.
When you’re looking at how to choose the best Philadelphia accounting firm, there’s critical consideration involved.
Accounting firms in Philadelphia remain competitive, not just because of their level of service but also because of their employees.
BLS is consistently named as one of the best places to work in the Philadelphia metro and was picked as a Top Workplace from 2010-2016 by the News Journal.
The focus that BLS has on keeping its employees happy really translates into excellent service for all clients of BLS.
Regional and International Expertise
One of the things we believe to be most compelling about BLS, which led to its inclusion as one of our top 12 picks for accounting firms in Philadelphia, is its unique expertise that’s both regional and can also be tailored to international needs.
This is one of the longest-running accounting firms in the area, so it has an intricate understanding of the needs of Philadelphia and Delaware-area clients and businesses.
The firm also practices within the realm of international accounting, so its services are completely scalable to the needs of the client.
Specialized Industry Focus
Often when you’re searching for the best accounting firm in Philadelphia, you’re looking for one that specializes in a particular industry.
Every sector and industry is completely unique, and you may require the expertise of a Philadelphia accounting firm that understands the specifics of that industry.
BLS focuses on serving the needs of construction companies, employee benefits plan audits, law firms, medical practices, and nonprofit organizations.
When you partner with BLS, and you work within these industries, you know you’re going to receive the most targeted service possible.
Going through an audit can be one of the most anxiety-producing situations a business owner faces, and the team at BLS understands that. One of its primary service sectors is Audit & Assurance.
The goal of the Audit & Assurance team is to help minimize the disruption and stress that can occur as a result of an audit as well as to ensure accuracy and the best possible client outcome.
The Department of Labor recognizes this firm for its approach and structure regarding the audit and review process which focuses on nonprofits, employee benefits plans, privately-held corporations, and government agencies.
Citrin Cooperman Review
A leading Philadelphia accounting firm, Citrin Cooperman provides audit, advisory, and tax services throughout the northeastern region, including Philadelphia and surrounding cities.
Where Citrin Cooperman excels is in its understanding of the complexities and challenges that come with running a business.
Since 1979, Citrin Cooperman has been leading the way in Philadelphia and the entire Northeast, helping not only companies but also high-net-worth individuals uncover the best possible financial solutions.
Its services are scalable, so whether you’re a small local business or an international company, it can work with you to achieve your goals and objectives, in both the short and long term.
Key Factors That Allowed This Firm to Rank as a Top 2017 Philadelphia CPA
Below are some key features to give you an idea of what we used to rate Citrin Cooperman as one of 2017’s top Philadelphia accounting firms.
When you’re operating a business, whether it’s small or large, you probably don’t have time to chase your accounting firm for answers or information.
That’s one of the many areas Citrin Cooperman excels in: it is entirely proactive in how it approaches communications.
This includes not only its communication with clients but also with anyone involved in your finances or accounting situation.
Clients are always kept in the loop when they partner with Citrin Cooperman, so they know every detail of what’s going on, whether it will directly or indirectly impact them.
This is important because it gives clients a sense of control; yet, at the same time, they don’t have to do the legwork involved with their finances, accounting, and tax issues.
When you’re choosing an accounting firm in Philadelphia, you want results, regardless of what those results might look like in your business.
Perhaps you want to save money on taxes or maximize your international operations. Whatever it is, client solutions drive how this accounting firm in Philadelphia does business.
When you open a partnership with the team at Citrin Cooperman, the firm is completely driven by not its own objectives but by your mission.
On the path to optimal solutions, it’ll bring to the table objectivity and expert insights, regardless of the complexity of the challenges you’re facing.
As respected specialists and as one of the top accounting firms in Philadelphia, Citrin Cooperman understands that finances don’t exist in a vacuum.
These issues are incredibly multifaceted and often involve many other stakeholders and parties – not only the people directly involved in the business but also professionals, including attorneys and bankers.
With that in mind, we selected this as one of the best accounting firms in Philadelphia because they work to create a sense of teamwork and collaboration in every service provided to clients.
The firm will manage communication between necessary parties and ensure every aspect of its work is streamlined and professionally managed, regardless of how many people may be involved.
Citrin Cooperman maintains several divisions which help it best serve client needs within a globally expansive framework. Some of these divisions include:
Citrin Cooperman Wealth Management
This area of the business delivers personal finance planning and fee-based investment services.
The in-house experts that are part of this division can make recommendations and strategies and also integrate their work with a client’s tax and legal professionals.
Citrin Cooperman Cayman
Working with an accounting firm domiciled in the Cayman Islands, this division of Citrin Cooperman features full services for clients who do business in the Cayman Islands.
Moore Stephens North America
As an independent member firm of Moore Stephens North America, Citrin Cooperman can provide services and experts beyond regional bounds.
It can assist clients with international businesses and financial concerns within the framework of the regulations and laws of the countries in which they’re working.
The Moore Stephens Association features more than 360 independent accounting firms, with offices in more than 100 countries.
The result is tailored financial service from a team that understands the in’s and out’s of the country in which you’re doing business, expanding the Citrin Cooperman reach well beyond Philadelphia and even the US.
CliftonLarsonAllen is a Philadelphia accounting firm offering wealth advisement, public accounting, and outsourcing options to clients.
CLA has been in business for more than 60 years, and the Philadelphia location is part of more than 100 nationwide offices.
The company has over $850 million in revenue, and the firm boasts one of the widest ranges of industry specializations.
Key Factors That Enabled This Firm to Rank as a Top 2017 Accounting Firm in Philadelphia
Below, we list some of the many reasons we selected CliftonLarsonAllen as a top 2017 accounting firm in Philadelphia.
Deep Industry Expertise
While CLA may be a large national accounting firm with an extensive network, it still ensures it’s delivering the deepest possible level of industry insight.
The large size of this company doesn’t deter from its ability to focus not only on the specifics of your industry but also work to understand who you are, what your business is about, and what your short and long-term goals and objectives are.
We selected CLA as one of our picks for the best accounting firms in Philadelphia for its seambless ability to combine a vast network and extensive experience with a boutique-like approach.
An Entrepreneurial Sensibility
CPAs tend to have a reputation of being rigid in their approach, but that’s not what you’ll find as a client at CLA. This is one of the reasons we selected it as an excellent accounting firm in Philadelphia.
Instead, the approach to all services offered by CLA is defined by an entrepreneurial spirit and dedication to finding the best methods, rather than sticking to tired tradition.
This concept is in line with the needs of the clients of CLA, many of whom are business owners that embrace innovation in every aspect of operation.
Whether you’re a startup or planning for succession, this team of CPAs in Philadelphia works to find the best solutions that are a perfect fit for your business, all based on out-of-the-box thinking.
Broad Service Areas
CLA can truly become a seamless “one-stop shop” for your business’s financial needs.
When you partner with CLA, you won’t have to go anywhere else for assistance with any financial requirement, which played into our decision when ranking CLA as a top accounting firm in Philadelphia.
Services are broken into a few main categories, and within those are many subcategories where employees of CLA have far-reaching knowledge and experience. Their main service categories include:
- Audit, accounting, & assurance
- Business & leadership transitions
- Employee benefit plans
- Growth strategies
- Health reform
- Human capital
- Reducing organizational risks
- Tax services & education
- Wealth advisory
The People and Corporate Culture
When you partner with a CPA or accounting firm in Philadelphia, you likely want a strong long-term relationship.
Building that relationship stems from working with a team of people you trust and with whom you can cultivate a positive relationship.
A significant part of its approach to business focuses on creating a strong corporate culture which leads to a positive impact on the community and on clients.
Some of the areas of focus within the corporate culture at CLA include:
Rather than exerting power, everyone at CLA is inspired to exercise influence and maximize their potential to create excellence.
The accountants and team members at CLA are willing to move outside their comfort zones, and they encourage their clients to do the same.
The premise here is that everyone owns the outcome together, so there’s recognition for the contributions of others and a strong focus on the idea that everyone is responsible for success.
This also means the accountants and staff at CLA will take ownership over each and every client interaction.
We spoke about this a bit above, and it’s a key tenant of the corporate culture at CLA.The company encourages employees to be curious; take smart, calculated risks; and to be resourceful – all while showing passion for their work and each and every project they engage in.
Drucker & Scaccetti Review
Drucker & Scaccetti doesn’t just work with businesses and entrepreneurs but also with individuals, corporate executives, and professional service companies. It also works with family-owned businesses to address its unique needs.
Drucker & Scaccetti has been serving the tax and financial needs of the Philadelphia area since 1990, and its business philosophy is driven by a powerful hands-on approach, bringing integrity and dedication to each unique tax situation.
Key Factors That Enabled Us to Rank This Firm as a Top 2017 Philadelphia Accounting Firm
Below we’ll highlight some of the compelling reasons we were able to name Drucker & Scaccetti as one of 2017’s top 12 accounting firms in Philadelphia, PA.
At Drucker & Scaccetti, there is a unique setup that allows this accounting firm in Philadelphia to deliver impeccable service. Their unique associate-shareholder structure benefits not only employees, but also clients.
This means every associate provides the optimal level of service while maintaining a significant amount of technical control. This speeds up service delivery while still keeping a high degree of accuracy.
Each shareholder brings to the table not only professional experience but also strong credentials and education. This shareholder-associate structure improves not only overall service but also communication and timeliness.
Tax as a Business Strategy
Businesses and individuals often look at taxes as something that causes them headaches and creates the feeling they’re under attack at all times.
Drucker & Scaccetti is unique among Philadelphia accounting firms because it works to move beyond those concepts and, instead, helps clients see taxes as part of their business strategy.
This style of service delivery focuses on bringing together tax and business strategies to create productive solutions.
To do this, the team at Drucker & Scaccetti begins by taking a deep, insightful look at your business or your individual situation. It performs a diagnostic exam before creating tactical approaches to dealing with taxes.
Individual and Business Services
Unlike many other accounting firms in Philadelphia, we find it compelling that Drucker & Scaccetti serves the needs of both individuals and businesses.
This can make it easier to integrate all of your financial needs within one firm, helping you stay organized and allowing your financial team to create solutions that work well together.
For individuals, some of the specific services offered by this accounting firm in Philadelphia include:
- Tactical tax planning
- Preparation & review of tax returns
- Tax controversy, consulting, & compliance
- Multi-state tax services
- Personal financial planning
- Trust & estate services
- International tax services
- Litigation consulting & forensic services
- Real estate ownership
- Development consulting
- LGBT tax consulting & financial planning
For businesses, some of the many services offered by Drucker & Scaccetti, one of the top accounting firms in Philadelphia, include:
- Tactical tax planning
- Litigation consulting
- International services
- Executive consulting
- Outsourced tax department services
- Business consulting
- Family business & family office consulting
- Law firms & law partners
An important key to Drucker & Scaccetti’s success as a leading Philadelphia accounting firm is its philosophy, which rests on the principle of integrity. Also critical to the teams’ success is courage and determination.
One of the largest CPA accounting and consulting firms in the country, EisnerAmper maintains offices in Philadelphia, New Jersey, and New York.
EisnerAmper made our list of the best Philadelphia CPA firms for many reasons, including its range of services that are all provided with an entrepreneurial focus.
While clients will receive the utmost in professionalism, leading insight, and expertise, EisnerAmper also delivers services in an approachable way, and trust is central to everything it does.
With nearly 1,300 employees and 180 partners, EisnerAmper has offices in California, Florida, and the Cayman Islands, in addition to its Northeastern and Philadelphia offices.
Key Factors Leading Us to Rank This Firm as a Top 2017 Philadelphia Accounting Firm
Below you’ll find some highlights of working with EisnerAmper which led us to name it as one of 2017’s top 12 Philadelphia CPA firms.
Women of EisnerAmper
As we were selecting our picks for the top accounting firms in Philadelphia, we focused closely on those companies that would appeal to female clients.
EisnerAmper certainly meets that criterion. The Women of EiserAmper is a formal group, designed to help female employees achieve their objectives and advance along their chosen career paths within the firm.
The female partners at EisnerAmper work with staff members to help them realize their goals, and there are extensive coaching and mentoring programs available for female employees.
This focus on helping women excel is something that also carries over to client services, and it creates an appeal for many female clients.
EisnerAmper has one of the most extensive service portfolios of any of our picks for the best accountants in Philadelphia.
The firm focuses on providing three categories of service: audit & accounting, tax, and advisory. There are many subcategories of service within these three, including the following examples:
- Auditing and assurance
- Compliance and regulatory
- Consulting services
- Corporate finance
- Employee benefit plans
- Federal government contracting
- International tax services
- Litigation services
- Personal wealth advisement
- Public companies group
- Tax advisory services
Within these services, EisnerAmper also works within a broad range of industries. Some of the industries it specializes in include:
- Automotive dealerships
- Food services
- Health care
- Law firms
- Life sciences
- Manufacturing and distribution
- Professional services
- Public companies
- Not-for-profit organizations
- Real estate
- Sports and entertainment
Along with the Women of EisnerAmper program, this top accounting firm in Philadelphia also has a program called EisnerAmper Cares.
Under this program, the company supports volunteering initiatives, on the part of employees, as an effort to strengthen the community.
Its mission includes a dedication to help people in need using not just its time but also skills, charitable donations, and a variety of programs.
This is important not just to the corporate culture at EisnerAmper, but also to help clients because employees become more engaged, which leads to a higher level of service and performance.
EisnerAmper approaches each of its many specialty areas with a focus on delivering innovation.
For this Philadelphia CPA firm, innovation applies not only to technology and technical resources, but also to ways of thinking, building client relationships, and delivering personalized solutions that cover complex and often very challenging situations.
GPCD Partners, LLC Review
GPCD Partners, LLC has a long history and a strong reputation for serving the financial needs of clients in the Philadelphia area.
This intimate firm’s primary office is in Philadelphia, although it also has offices located in Media and Paoli.
GPCD Partners offers services for both businesses and individuals as well as services focused specifically on the tax needs of clients.
Key Factors That Enabled This Firm to Rank as One of the Top 2017 Philadelphia Accounting Firms
Below are some of the most compelling reasons that led us to select GPCD Partners as one of 2017’s top 12 Philadelphia CPA firms.
Focus on Information and Resources
One of the more unique aspects of GPCD Partners that led us to select it as one of the premier accounting firms in Philadelphia is its drive to offer services to clients as well as to education and resources.
Their financial guides provide a plethora of resources aimed at educating clients and visitors on everything from tax issues to business resources.
They also compiles a monthly newsletter that delivers the information readers need to achieve a range of financial goals.
Their holistic approach to finances and taxes helps clients of GPCD Partners take more control over their entire financial life, whether it’s with regard to their business or personal finance.
When a client comes to GPCD, for any reason, the team doesn’t begin by offering the individual a one-size-fits-all approach.
Instead, it delves deeply into the complexities of the financial situation and problems being faced by the client and then creates entirely distinctive solutions.
There are never going to be two financial situations that are exactly the same, even under similar circumstances, so you won’t ever receive canned services that don’t take into account your individuality as a client or as a business.
Small Business Services
There are many accounting firms and financial services providers that cater to the needs of larger companies. GPCD Partners exercise an intimate approach that works particularly well for the accounting, tax, and financial needs of small businesses.
It really takes the reins of small business accounting requirements, freeing up owners and business leaders to focus their attention on more profitable areas and day-to-day operations.
Some of the small business services offered by this leading accounting firm in Philadelphia include:
- Bank reconciliation
- Profit and loss statements
- Balance sheet compilation
- Maintaining ledgers
QuickBooks is one of the top business accounting software options used by many small and medium-sized business owners.
With that in mind, GPCD offers a range of services specifically for implementing and maintaining your use of QuickBooks. This makes it easy for businesses to learn how to get the most out of their accounting software.
You can also purchase QuickBooks through GPCD and receive up to a 20% discount on the newest version of the software.
Isdaner & Company, LLC Review
Isdaner & Company, LLC is a CPA in Philadelphia which also serves the surrounding areas. Founded in 1967, 2017 marks the firm’s 50th anniversary.
Isdaner & Company is a full-service accountantcy with services including auditing, tax services, trust services, estate services, business consulting, and litigation support.
This reputable CPA in Philadelphia represents both closely-held companies and high-net-worth individuals and can also service multinational clients, including family-owned businesses, distribution operations, retail operations, manufacturing, professional practices, and non-profit and government organizations.
Key Factors That Led Us to Rank This Firm as a Top 2017 Philadelphia Accounting Firm
We’ll introduce you to Isdaner & Company by highlighting some of the factors which led us to name it as one of 2017’s top 12 accounting firms in Philadelphia.
Membership in MSI Global Alliance
Isdaner & Company, one of our selections for the best accountants in Philadelphia, is a member of MSI Global Alliance.
MSI Global Alliance is a well-respected and prominent international association of independent professional service firms.
This elite association includes more than 250 accounting and law firms, located in 105 countries. The goal of being part of MSI Global Alliance is to be able to collaborate on best practices and also provide clients with international resources and reach.
To be selected for this association, firms must adhere to the highest level of ethical standards. Fewer than five percent of firms that express interest in membership are selected each year.
When Isdaner & Company was founded in 1967, the primary goal of the firm was to deliver the utmost in personalized service.
That dedication remains today, and this public accounting firm approaches each client and business with the highest possible level of individualized attention.
While Isdaner & Company does have the option to draw from international resources because of its membership in the MSI Global Alliance, it also brings to the table a distinctive boutique approach and a localized and regional framework.
This is simply one of the factors that led to not only our naming of Isdaner & Company as one of the most notable accounting firms in Philadelphia, and to their ranking as a Top 25 Accounting Firm by the Philadelphia Business Journal in 2017.
Integration of Law and Finance
Uniquely, the team and services at Isdaner & Company go beyond standard accounting.
Its employee training includes the law field, and accountants and administrators at this accounting firm in Philadelphia also work with a collaborative approach.
They work to meet client objectives as they pair with other important individuals within your business and finances, including:
- Investment advisors
- Trust officers
- Insurance representatives
- Financial planners
The backgrounds of each of the professionals comprising the Isdaner & Company team are unique, which brings to the table insights and objective perspectives that will truly drive value.
Along with hiring many women and people from diverse backgrounds, the management team at this top accounting firm in Philadelphia also includes CPAs, MBAs, and CFEs.
These professionals offer everything from auditing to business consulting, and many of the managing staff members have worked with Isdaner & Company for many years and even decades.
Marcum LLP Review
With headquarters in New York City, Marcum LLP is one of the largest independent public accounting and advisement service providers in the US. Offices. Their offices span from major markets in the U.S., China, Ireland, and Grand Cayman.
This full-service Philadelphia accounting firm maintains one of the longest and most positive reputations in the industry.
The extensive list of services offered by this accounting firm in Philadelphia include tax and business, advisory services, assurance services, real estate, and alternative investments.
Key Factors Considered When Ranking This Firm as a Top 2017 Philadelphia Accounting Firm
We honed in on some of the key offerings and factors that led us to name Marcum as one of the top 12 accounting firms in Philadelphia.
Wide Range of Industries Served
As one of the country’s largest and most well-known accounting firms, Marcum is widely revered for many reasons including the sizable number of industries it serves.
It maintains associates and staff members with particular expertise and experience in each of these areas, so even though it has a broad array of serviced industries, clients still receive personalized and specific attention.
Industries include, but are not limited to:
- Broker dealers
- Financial services
- Higher education
- Litigation support
- Manufacturing and distribution
- Media and entertainment
- Real estate
- Retail & consumer products
- Talent & literary agencies
Investments in People
Essential to Marcum’s worldwide success, as well as its regional success as a top accounting firm in Philadelphia, is a dedication to investing in its people.
The employees at Marcum are consistently trained and developed to perfect their skills and ensure they’re always informed of laws, regulatory issues, and innovation in the world of finance and accounting.
This focus on employee training and development is what has allowed Marcum to grow and have offices all over the world.
The success of this Philadelphia accountant is intrinsically tied to the success of each and every interaction its staff members have with clients.
Central to everything Marcum does, both for Philadelphia clients and also worldwide partners, is its clearly-defined core values. These core values lead to a sense of shared success and a team spirit.
There are nine values which guide everything and help the Marcum team navigate even the most challenging of issues.
The Marcum core values include:
- Passion: Loving what you do is crucial to success
- Integrity: Always do the right thing
- Excellence: Give your best
- Respect: Value everyone’s contribution
- Teamwork: Everyone has something to add, communicate, and collaborate
- Community: The Marcum team is dedicated to giving back
- Balance: Work-life balance is valued
- Independence: The team is committed to objectivity and valuable skepticism
- Firm: Employees should put the company first in their interactions and decisions
Delving into international tax and regulatory issues can be incredibly complex and confusing, but Marcum boasts extensive global capabilities that lead throughout the country.
These services are ideal for clients who operate businesses abroad as well as international companies seeking to expand into the US.
As part of its international offerings, Marcum is part of the Leading Edge Alliance, which is a professional association, with members in 90 countries and over 14,000 staff members.
This unique, extensive global alliance allows participating firms to enjoy the sources of many international professional service organizations while still receiving service that’s tailored, streamlined, and consistent.
Along with an array of serviced industries, Marcum also offers a vast array specific services to clients.
In the Philadelphia office, their Philadelphia CPA services include:
- Accounting services
- Corporate taxation
- EB-5 investor services
- Modern family & LGBT services
- State & local taxation
- Transaction advisory
- Trusts & estates
- Employee benefit plans
- SEC services
- IT risk & assurance
- Bankruptcy & insolvency services
- Forensic services
- Economic damages
- Business performance advisory
- Alternative investments
- Real estate accounting & auditing services
Mayer Hoffman McCann P.C. Review
Mayer Hoffman McCann P.C. (MHM) has demonstrated a long history, beginning as a single-location accounting firm in 1954.
Now, this Philadelphia CPA firm is a national accountant with 29 locations across the US, including an office serving the needs of Philadelphia clients.
As one of the best accounting firms in Philadelphia, MHM approaches every client interaction with a dedication to quality, access to an extensive network of resources, shareholder involvement, and open, transparent communication.
Of course, there’s also a significant focus on delivering personalized attention to each and every client.
Key Factors That Led to Our Ranking of This Firm as a Top 2017 Philadelphia Accounting Firm
Below, we’ll outline some of the reasons that led us to select MHM as one of 2017’s top 12 accounting firms in Philadelphia.
Professional Standards Group
Unique to MHM is its signature Professional Standards Group, put in place to recognize the importance of the exchange of ideas surrounding technical issues. The result is service that is collaborative and consultative in nature.
If a member of the MHM team is uncertain about even the smallest detail of how to handle a very complex issue, the Professional Standards Group is there to serve as a valuable resource, with extensive knowledge and expertise.
Currently, MHM employs 13 subject matter experts, so there is no issue or situation too small or too large to be handled by MHM.
Crucial to MHM’s delivery and our recognition of it being one of the best accounting firms in Philadelphia, is its dedication to quality control. This is a primary part of its service offerings as well as its workplace standards.
MHM ensures consistency and quality through putting in place rigid quality control measures and also adhering to the utmost in professional standards, as dictated by the prestigious Public Company Accounting Oversight Board and the American Institute of Certified Public Accountants.
This accounting firm in Philadelphia also goes above and beyond to meet all Pennsylvania regulations and guidelines.
Along with subject matter experts on hand full-time to solve complex issues and answer questions, as part of MHM’s dedication to quality and accuracy, it also puts in place Expert Groups, which are designed to address issues of oversight and regulation as they occur.
These expert groups stay abreast of any and all pertinent regulations, and members of each Expert Group are selected because of their broad knowledge and involvement in the issues.
These groups include:
- Derivatives Assistance
- Fair Value
- IFRS Solutions
- SEC Consulting Group
One of the unique aspects of partnering with this pick as a top accounting firm in Philadelphia is that the office has specific areas of expertise, but it can also work with other offices throughout the country and the world to solve issues of any size or complexity.
Within the Philadelphia office, services include:
- Audit and attest services
- Specialization in mid-marketing and growing businesses in the Philadelphia metro
- Financial statement audits of public and private companies
- Employee benefits plan audits
- HUD audits
The Philadelphia accounting firm works with almost every industry, but focuses on clients in the construction and not-for-profit industries.
Tait, Weller & Baker, LLP
Operating as Tait Weller, Tait, Weller & Baker, LLP has been providing accounting services in Philadelphia since 1921.
Today, they have grown to be a regional leader among full-service accounting firms, specializing in non-profit and financial services organizations.
With company headquarters in Philadelphia and additional offices in New Jersey and New York City, Tait Weller provides audit and assurance, tax, and consulting services for a diverse array of clients.
Key Factors That Led to the Naming of This Firm as a Top 2017 Philadelphia Accounting Firm
Listed below are the primary features which led to our naming of Tait, Weller and Baker LLP as a top 2017 accounting firm in Philadelphia.
Focus on Client Success
As one of the top Philadelphia accounting firms, Tait Weller puts a strong focus on the success of their clients.
For Tait Weller, success is measured not only in the accomplishment of a goal, but it is also measured by unexpected outcomes, brought forth through due diligence and expertise.
Enhanced Customer Service
Part of what makes Tait Weller a truly valuable Philadelphia accounting firm is their commitment to service. Everything from their company size, structure, to their professional training is structured to ensure that clients get the best possible customer service.
Creating a partnership with Tait Weller means receiving the following customer service advantages:
- Partner involvement
- Access to extensive expertise & resources
- Experienced, knowledgeable staff
- Comprehensive, all-inclusive quotes
- Routine & timely consultation
As one of the best accounting firms in Philadelphia, Tait Weller maintains a few notable professional affiliations.
They are a member of the Private Companies Practices Section of the Division for CPA firms, and are sponsored by the AICPA. In addition, Tait Weller is registered under the Public Company Accounting Oversight Board.
WithumSmith+Brown is one of the largest regional public accounting firms serving the needs of Philadelphia-area clients.
As one of the top accounting firms in Philadelphia, Withum has a collective staff of over 800 people, including nearly 400 CPAs.
The goal of Withum’s services is to empower clients with innovative resources and solutions that help them address a broad range of accounting, consulting, and tax requirements.
Its team is responsive, proactive, and offers not only creative thinking but experience and expertise to help clients in their endeavors.
Clients range from small to large, and each relationship is treated exclusively and as its own entity.
Key Factors That Led to the Naming of This Firm as a Top 2017 Philadelphia Accounting Firm
We took the time to highlight some of the advantages of working with Withum, which led to our naming it as a top 2017 accounting firm in Philadelphia.
Since deep, long-term personal relationships are the foundation of what Withum does and its strength as a professional service provider, continuity is necessary.
What this means is that clients are going to work continually with the same engagement team, and that rapport they’re able to build over time is an essential part of the strength of the business relationships derived at Withum.
This continuity in engagement teams also paves the way for responsiveness, proactivity, and constant communication.
Your team is always available to you, as a client of Withum, so you’re never left in the dark about anything or wondering the answer to a question.
Withum is a member of HLB International which is a global network of independent professional accounting firms and professional service providers.
The result of HLB membership is not only a sense of prestige for Withum, but it also means this accounting firm in Philadelphia has access to global resources.
This allows clients to seamlessly expand their businesses all over the world through their partnership with Withum.
Industry and Service Expertise
As you might expect from such a large, globally-driven accounting firm, Withum offers many individual areas of industry and service experience and specialization.
Industries served by Withum include:
- Consumer products
- Financial services & investment
- Life sciences
- Manufacturing, distribution, & logistics
- Not-for-profit & education
- Legal practices
- Real estate
- Timeshare developers & owners associations
Service areas include:
- Assurance & accounting
- Business advisory
- Forensic & valuation
- International service
- Private client services
- Tax services
- Partners’ network
- Valuation services
Within these larger service areas are, of course, many subcategories that Withum specializes in as well.
Awards and Recognition
When we selected our list of the top accounting firms in Philadelphia, one of the many criteria we looked at were regional, local, national, or international awards and recognitions.
Withum has many awards and honors which led us to rank it as a top accounting firm in Philadelphia. A few of these awards include:
- Ranked number 13 in the Vault Accounting 50 in 2017
- Named a 2016 “Best of the Best Accounting Firms” by INSIDE Public Accounting
- Withum was ranked as the 27th largest firm in the nation by INSIDE Public Accounting in 2016
- New Jersey Monthly named Withum as a “Great Oak Awards Finalist” in 2015 & 2016
- Withum was ranked as one of the “Best Places to Work in New Jersey” by the Best Companies Group for the 12th straight year
Conclusion – Top 12 Accounting Firms in Philadelphia, PA
As we conclude our list of the top Philadelphia accounting firms, it’s our hope that we’ve provided the insight you need to make a major decision on your financial future.
When selecting an accounting firm in Philadelphia, it’s important to look for a Philadelphia accountant that makes you feel comfortable, understands your unique needs, and specializes in pertinent areas.
It’s also valuable to look for an accounting firm that has a strong reputation, is part of prestigious professional associations, and one that has a depth of knowledge and expertise.
We have highlighted some of the characteristics that not only make the top 12 accounting firms in Philadelphia notable but also provide expert guidance when searching for the ideal accounting partnership.
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