Latest Vault Accounting 50 Rankings Highlight a Shakeup in the Accounting Industry

In the latest Vault Accounting 50, a ranking that highlights the best accounting firms to work for, there were several noticeable changes. While New York-based PwC (FY14 gross revenue of $11.7 billion) maintained its position at the top of the ranking, non-Big 4 Chicago-based Grant Thornton (FY14 net revenue of $1.4 billion) jumped to No. 4.

The Top 10 firms in the Vault Accounting 50 based on Vault’s annual Accounting Survey are:

  1. PwC
  2. Deloitte
  3. EY
  4. Grant Thornton
  5. KPMG
  6. BDO USA
  7. Plante Moran
  8. RSM
  9. Baker Tilly
  10. Dixon Hughes Goodman

“PwC’s continued dominance of our accounting rankings is impressive,” says Derek Loosvelt, Vault’s senior finance editor. “This is the fourth straight year that PwC took the top spot in the Accounting 50. Also impressive is Grant Thornton’s rise to No. 4 this year. GT’s rise represents a big shift in the rankings, and underlines that GT, a non-Big 4 firm, has been improving its workplace offerings for its employees. Not since our 2013 rankings has a non-Big Four firm ranked among the top four in the Accounting 50.”

In other major moves in the rankings, Chicago-based Baker Tilly Virchow Krause (FY15 net revenue of $478.1 million) rose three spots to No. 9 and New York-based Friedman (FY14 net revenue of $78 million) jumped four spots to No. 12. Both firms’ rise can be attributed to their strong showing in this year’s Quality of Life rankings.

Vault Accounting Quality of Life Ranking Winners:

  • Benefits: PwC
  • Business Outlook: Plante Moran
  • Client Interaction: Plante Moran
  • Compensation: Brown Smith Wallace
  • Culture: Plante Moran
  • Diversity (Overall): PwC
  • Diversity (Disabilities): Grant Thornton
  • Diversity (Military Veterans): KPMG
  • Diversity (Minorities): PwC
  • Diversity (Women): Frank Rimerman + Co.
  • Diversity (LGBT): PwC
  • Firm Leadership: Plante Moran
  • Formal Training: Deloitte
  • Green Initiatives: PwC
  • Hiring Process: PwC
  • Hours: Friedman
  • Informal Training: Plante Moran
  • Internal Mobility: Plante Moran
  • Philanthropy: WithumSmith+Brown
  • Promotion Policies: Grant Thornton
  • Relationships with Supervisors: Plante Moran
  • Satisfaction: Plante Moran
  • Travel Requirements: Plante Moran
  • Vacation Policies: Plante Moran
  • Work/Life Balance: Plante Moran

View the entire Vault Accounting 50 Rankings