Rankings primarily based on verified worker opinions from over 11,000 public accounting professionals surveyed to price their corporations in a number of office classes
NEW YORK, April 18, 2023 /PRNewswire/ — Vault at this time introduced its 2024 Accounting 25 Rankings, a rating of the highest accounting corporations primarily based on verified opinions from accounting professionals throughout the {industry}. PricewaterhouseCoopers (PwC) maintained its prime spot because the “Finest Accounting Agency to Work For” for the eleventh consecutive yr, and swept the No. 1 spot in our Follow Space Rankings (Audit & Assurance, Tax, and Forensic Accounting). Deloitte ranked No. 2 within the Accounting 25, however made a monumental bounce to rank No. 1 in Status, unseating PwC. In the meantime, fellow Large 4 agency KPMG ranked No. 3 within the Accounting 25 and No. 4 in Status.
“Our latest survey and new rankings of the highest accounting corporations replicate the real-time pulse of over 11,000 accounting professionals, offering distinctive perception into the inside workings on the prime corporations,” mentioned Eric Stutzke, SVP & Normal Supervisor of Vault. “Whereas the busy season workload is actually not declining, our survey reveals that corporations have are making strategic investments to assist their expertise’s work/life steadiness. They’re doubling down on wellness advantages, growing paid break day, and bettering varied office advantages to lift worker satisfaction.”
The Prime 10 Companies within the Vault Accounting 25 Based mostly on Vault’s Annual Accounting Survey Are:
- PwC
- Deloitte
- KPMG
- BDO USA
- RSM US
- Moss Adams
- Plante Moran
- Baker Tilly
- CohnReznick
- PKF O’Connor Davies
View your entire 2024 Vault Accounting 25, Status Rankings, Follow Space Rankings, Variety Rankings and High quality of Life Rankings.
No. 1 PwC Affords “Thorough Coaching” and “Nice Advantages”
This yr, PwC once more ranks No. 1 within the Accounting 25 whereas taking the No. 2 spot in our Status Rankings. PwC additionally ranks No. 1 in all three Follow Space Rankings (Audit & Assurance, Tax, and Forensic Accounting). Accountants at peer corporations inform us that PwC is “progressive,” “various,” “the gold customary,” “the highest canine of the Large 4,” “tremendous prestigious,” and “crammed with nice individuals.” It additionally gives “thorough coaching assets” and “nice advantages.” In the meantime, PwC workers members inform us the agency has an “wonderful tradition” with “good, caring, pleasant, motivated individuals,” and rave concerning the “difficult work and alternatives for development and improvement.”
No. 2 Deloitte Affords “Constant Studying and Progress alternatives”
Accountants at peer corporations inform us that Deloitte—which ranks No. 2 within the Accounting 25, No. 1 in Status, and No. 2 in all three Follow Areas—is a “high-performing,” “hardworking,” “glorious massive agency,” with a “robust rep,” “nice perks and advantages,” and “top-notch coaching.” In the meantime, Deloitte workers members rave concerning the agency’s “collaborative and supportive tradition,” “good compensation,” and “fixed studying and development alternatives.”
No. 3 KPMG Is “Welcoming,” Pleasant,” and “Sturdy Globally”
KPMG once more ranks No. 3 within the Accounting 25 and No. 4 in Status. This yr, peer accountants inform us that KPMG is “robust globally,” “prestigious,” “welcoming,” “enjoyable,” “collaborative,” and “pleasant,” and has a “good status.” KPMG insiders rave concerning the agency’s “inclusive staff surroundings,” “caring individuals,” and “nice versatile work insurance policies.”
Plante Moran Ranks No. 1 for Tradition, Hours, and Work/Life Steadiness
One of many huge winners in our High quality of Life Rankings this yr is Michigan-based Plante Moran, which ranks No. 7 within the Vault Accounting 25, and No. 1 in 10 different classes: Shopper Interplay, Agency Tradition, Hiring Course of, Hours, Casual Coaching, Inside Mobility, General Satisfaction, Trip Insurance policies, Wellness, and Work/Life Steadiness. In line with one Plante Moran insider, “The agency stresses work/life steadiness and acknowledges that that steadiness varies from individual to individual. I’ve by no means felt pressured to sacrifice one thing private resulting from work-related commitments.”
PKF O’Connor Davies Ranks #1 for LGBTQ+ Variety, Racial & Ethnic Variety, and General Variety
PKF O’Connor Davies, which ranks No. 10 within the Accounting 25, a four-place bounce from final yr, practically sweeps our Variety Rankings this yr. The New York Metropolis-based agency took the No. 1 spot in three of 4 variety classes: LGBTQ+ Variety, Racial & Ethnic Variety, and General Variety. PKF O’Connor Davies additionally ranks No. 1 in ESG Initiatives, Agency Management, Formal Coaching, Promotion Insurance policies, and Relationships with Supervisors. One PKF O’Connor Davies insider tells us, “We have employed staff of all races and ethnicities, in addition to LGBTQ+ people. We have now a variety and inclusion staff, and are commonly required to take D&I schooling and harassment coaching.”
Accountants Reply to the Altering Labor Market
Three years after the onset of the pandemic and practically two years after the Nice Resignation, 1000’s of accounting professionals inform us concerning the results these occasions and others are having on their work hours, work/life steadiness, wellness, and total satisfaction, in addition to on their corporations’ enterprise outlooks. Our new accounting agency profiles embrace direct quotes from professionals about how their satisfaction with their roles is altering, and the way their corporations are responding to macro occasions affecting the general public accounting {industry}.
For instance, this yr, many accounting professionals at quite a few prime corporations inform us that the busy tax seasons are getting busier they usually’re feeling overworked, largely because of the industry-wide workers shortages. Beneath are three consultant quotes on this problem by three professionals who took our survey:
“We proceed to develop and purchase new firms to increase our service choices and geographical places. But it surely looks like the recruitment course of is not maintaining with the growth. Because of this, workers are continuously feeling overworked. Additionally, fewer individuals are making an attempt to turn into CPAs than previously few many years. The requirement of working lengthy hours throughout parts of the yr is leading to individuals selecting different careers.”
-Main nationwide agency accountant
“Any financial downturn is more likely to improve the necessity for our companies, and our strategic investments have been made with that in thoughts. Solely issue is useful resource allocation continues to be a problem. Many practices have skilled turnover and development on the identical time, so headcount is skinny.”
-Large 4 accountant
“Our enterprise outlook is optimistic. The agency continues to develop, and we are able to fulfill a lot of our purchasers’ wants in-house. The most important weak spot can be an {industry} downside. A big a part of the accounting neighborhood is over the age of fifty, and they are going to be retiring, whereas the variety of accounting college students popping out of school is declining. The {industry} goes to be shedding a lot of its practitioners without having a big pool to switch them.”
-Prime middle-market agency accountant
All of our new accounting agency profiles embrace direct quotes like these from professionals about how their satisfaction with their roles is altering, about their corporations’ responses to the varied macroeconomic occasions affecting the general public accounting {industry}, and extra.
About Vault’s Rankings
Vault’s Rankings are powered by Firsthand, an Infobase Firm headquartered in New York Metropolis that equalizes entry to priceless profession insights, knowledgeable recommendation, and connections, and permits profession seekers to navigate their careers from a place of energy, data, and assurance. By its profession engagement platform, Firsthand empowers the success of profession seekers by offering them with highly effective insights, distinctive assets, and impactful relationships in order that they’ll uncover their subsequent finest step. Since 1996, Vault has launched careers and elevated professionals into positions of success.
SOURCE Vault