INSIDE Public Accounting (IPA) annually recognizes three Best of the Best firms with Pyramid Awards. This year, the awards will be given at the sixth annual PRIME Symposium, Nov. 16-18, in Scottsdale, Arizona. IPA uses a proprietary formula to rank Best of the Best firms based on more than 70 metrics covering everything from training and turnover to costs and compensation.
The award recipients this year are: Miller Grossbard Advisors of Houston, Pasadena, Calif.-based KROST CPAs and Consultants, and Atlanta-based Frazier & Deeter.
Miller Grossbard Advisors is the recipient of IPA’s “Pyramid of Excellence” award. This high-performing firm scored No. 1 among the elite 50 Best of the Best Firms selected by IPA. The rankings are based on data from the 26th annual IPA Survey and Analysis of Firms, which covers finances and operations in dozens of areas. This $7 million firm, with only three partners and 30 staff, was also ranked Best of the Best in 2014 and 2015, and was one of the fastest-growing Best of the Best firms this year.
KROST CPAs and Consultants, formerly Krost Baumgarten Kniss & Guerrero, is receiving the sixth annual IPA Best of the Best “Fastest-Growing Pyramid Award.” With a 66.3% growth rate, this firm has demonstrated impressive results with no mergers to boost that number. All industry and service lines grew significantly in 2015, with specialties in tax incentive consulting and professional services firms. The $20 million firm ranked No. 157 on the IPA 200 list.
Frazier & Deeter is receiving the sixth annual IPA Best of the Best “Pyramid Award.” The $67 million firm, ranked No. 58 on the IPA 100 list, first appeared as a Best of the Best firm in 2003. Since then, IPA has named Frazier & Deeter Best of the Best 12 times, 10 consecutively. Frazier & Deeter sustains financial and operational excellence year after year.
IPA’s independent ranking of the nation’s best-managed firms is one of the highest honors within the profession today. Selections were based on responses from more than 540 accounting firms on over 70 metrics. The IPA Best of the Best firms come in all sizes and are geographically dispersed across the U.S. They demonstrate long-term consistency and exceptional performance, regardless of outside factors. This is IPA’s 22nd year ranking Best of the Best firms.