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KROST Recognized by Los Angeles Business Journal as Top Accounting Firms 2022

KROST

Pasadena, CA – KROST was recognized as one of Los Angeles Business Journals’ Top 100 Accounting Firms in Los Angeles County, with 78% growth in revenue between 2020 and 2019, the firm is ranked 22 nd on the list. Our firm is honored to be recognized by the Los Angeles Business Journal yet again.

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Number of the Day: $839,687

CPA Practice

Equity partner compensation at the top 100 accounting firms (excluding the Big Four) was $839,687 in 2023, up from $620,936 in 2019, according to data from INSIDE Public Accounting (IPA). Non-equity partner compensation was $307,579 in 2023 versus $275,318 in 2019.

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Marcum Merges in Pennsylvania CPA Firm McCarthy & Co.

CPA Practice

Top 20 accounting firm Marcum said on Monday that it has combined with Blue Bell, PA-based CPA firm McCarthy & Company, in a deal that closed on June 1. The strategic combination bolsters Marcum’s construction practice in the Mid-Atlantic region, the firm said. Terms of the deal were not disclosed.

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Monday Morning Accounting News Brief: Messing with Texas Costs EY $3 Million; CPA Says Blame Yourself, Not Your CPA | 11.13.23

Going Concern

If you’re the face of a Big Four accounting firm to a client, they all think you’re a partner, they think you know tax law and all the rest of it. So with this move, they’ve watered down the applicant pool of future accountants,” he continued. Is it your accountant? Who’s ultimately responsible for this problem?