If you are not one of the 55,000 regular readers of Construction Executive, you may not have heard that CliftonLarsonAllen (CLA) has been ranked by them as the number one construction accounting firm for an impressive fifth time.
Can we talk about how Construction Executive trademarked the phrase “Top Construction Accounting Firms”? No? OK.
To determine which firm is the most constructioniest, CE surveyed more than 700 firms in the US that have a dedicated construction practice. The data collected in their survey include how much revenue the construction practice brought in for 2023, how many CPAs are in this practice, the percentage of total revenue the practice accounts for, the number of states in which the firm is licensed to practice, the year in which the construction practice was established, and the number of Architecture, Engineering, and Construction Services (AEC) clients served during fiscal 2023.
CLA tops the list with 12,656 construction clients, 265 construction CPAs (of 3,049 total CPAs at the firm), 56 states, and 7.86% of its revenue coming from construction work. CLA hit the $2 billion in revenue mark in 2023, you can do the math. Areas of practice include a bunch of acronyms we’re not going to bother looking up.
The #2 firm, Forvis, comes in at just 2,624 construction clients. CLA is the only firm on the list with five digits in the number of clients category, making it clear they really do dominate this sector.
Without further ado, the top 20 constructioniest accounting firms in order:
- CLA
- Forvis
- Baker Tilly
- Crowe
- Marcum
- Wipfli
- Plante Moran
- CBIZ/MHM
- Moss Adams
- CohnReznick
- Eide Bailly
- Grassi
- Citrin Cooperman
- RubinBrown
- Doeren Mayhew
- Aldrich CPAs + Advisors
- WithumSmith+Brown
- UHY Advisors
- Anchin
- Carr, Riggs & Ingram
“CLA has worked hard to know and help our clients in the construction industry. It’s such an honor to be recognized again,” said Tom Dearnley, managing principal of construction industry, CLA. “We are so grateful for our clients’ confidence in us and appreciate the opportunity to hone our industry specialization.”
Let’s give them a clap for this sweet win. Make sure to clap loudly so the sound isn’t drowned out by jackhammers and banging.
CLA Named 2024 Top US Construction Accounting Firm for the Fifth Time [CLA]
