In the realm of financial services, accounting firms play a pivotal role in providing essential services ranging from audit and tax preparation to consulting and advisory. These firms are trusted advisors to businesses, individuals, and organizations, helping them navigate complex financial landscapes and ensuring compliance with regulatory requirements.
As of 2024, the United States boasts a diverse landscape of accounting firms, each renowned for its expertise, reputation, and client-centric approach. In this article, we will explore the top five accounting firms in the US for the year 2024. Let’s delve into the world of accounting and discover the leading firms shaping the financial landscape in the US.
SK Financial CPA
SK Financial CPA is a certified public accounting (CPA) firm dedicated to providing comprehensive financial services to individuals and businesses. As a trusted advisor, we are committed to delivering accurate, timely, and reliable solutions to help our clients achieve their financial goals. With a team of experienced CPAs and financial professionals, we offer personalized service and strategic guidance to address the unique needs of each client.
Services Offered
Tax Preparation and Planning
Our CPAs assist individuals in preparing and filing their tax returns, ensuring compliance with tax laws and maximizing deductions. We provide tax planning and preparation services for businesses of all sizes, helping them minimize tax liabilities and optimize tax strategies.
Accounting and Bookkeeping
We offer professional bookkeeping services to manage day-to-day financial transactions, maintain accurate records, and generate financial reports. SK Financial prepares accurate and reliable financial statements, including balance sheets, income statements, and cash flow statements, to help clients assess their financial position.
Incorporation
Incorporate your business seamlessly with SK Financial CPA’s expert guidance, ensuring compliance and efficiency.
Due Diligence
Trust our experienced team to conduct comprehensive assessments, mitigate risks, and ensure informed decision-making.
Private Foundation
Establish your private foundation with precision and care through SK Financial CPA’s comprehensive support, ensuring compliance and effectiveness.
Business Consultation
We provide strategic business consultation services to help clients develop and implement effective strategies for growth and success.
Financial Planning and Analysis
SK Financial assists individuals in developing personalized retirement plans to achieve their financial goals and secure their future.
Tax Resolution Services
Our CPAs assist clients in tax matters and IRS audits, negotiate with tax authorities to resolve tax disputes, and achieve favorable outcomes.
KPMG 
KPMG LLP, commonly referred to as KPMG, is one of the leading professional services firms globally, providing audit, tax, and advisory services. Founded in 1987 through a merger of Peat Marwick International and Klynveld Main Goerdeler, KPMG has grown to become one of the Big Four accounting firms, alongside Deloitte, Ernst & Young (EY), and PricewaterhouseCoopers (PwC). The firm is headquartered in Amstelveen, Netherlands, and has a strong presence in over 150 countries and territories worldwide.
Learn more: How to become a Certified Public Accountant (CPA) in Florida
Services Offered
Audit and Assurance
KPMG provides independent audit and assurance services to help clients ensure the accuracy and reliability of their financial statements. This includes statutory audits, internal audits, financial due diligence, and risk assessment.
Tax
KPMG offers comprehensive tax services, including tax planning, compliance, and advisory services. Their team of tax professionals assists clients in managing tax risks, optimizing tax strategies, and complying with local and international tax regulations.
Advisory
KPMG’s advisory services cover a broad spectrum of areas, including management consulting, risk consulting, transaction advisory, and forensic advisory. They help clients navigate complex business challenges, improve operational efficiency, and identify growth opportunities.
Deal Advisory
KPMG’s deal advisory services focus on supporting clients throughout the deal lifecycle, from strategy development and due diligence to post-transaction integration. They provide M&A advisory, transaction support, valuation, and restructuring services.
Tax Technology and Innovation
KPMG specializes in leveraging technology and innovation to enhance tax processes and improve compliance. Their tax technology solutions include tax automation, data analytics, and software implementation to streamline tax operations.
Digital Transformation
KPMG helps clients embrace digital transformation by providing services such as digital strategy, technology implementation, cybersecurity, and data analytics. They assist organizations in leveraging technology to drive innovation and achieve their business objectives.
Deloitte LLP
Deloitte LLP is a multinational professional services firm headquartered in New York City, USA. It is one of the “Big Four” accounting firms and is renowned for its wide range of services, industry expertise, and global presence. Deloitte operates as a network of member firms, with each member firm operating in a specific geographic area and offering services under the Deloitte brand.
Services Offered
Audit and Assurance
Providing independent audit and assurance services to ensure the accuracy and reliability of financial information.
Consulting
Offering advisory services in areas such as strategy, operations, technology, and human capital to help clients navigate complex business challenges.
Tax
Assisting clients with tax planning, compliance, and advisory services to optimize their tax strategies and manage risks.
Risk Advisory
Helping organizations identify, assess, and mitigate risks related to governance, internal controls, cybersecurity, and regulatory compliance.
Financial Advisory
Providing financial advisory services including mergers and acquisitions, restructuring, forensic investigations, and valuation.
Legal Services
Offering legal advisory services covering a wide range of areas such as corporate law, employment law, intellectual property, and regulatory compliance.
Ernst & Young (EY)
Ernst & Young, commonly referred to as EY, is a multinational professional services firm headquartered in London, England. Founded in 1989 through the merger of Ernst & Whinney and Arthur Young & Co., EY has grown to become one of the “Big Four” accounting firms, alongside Deloitte, PricewaterhouseCoopers (PwC), and KPMG. With a global presence in over 150 countries and territories, EY provides a wide range of services to clients across various industries, including audit, tax, consulting, and advisory.
Services Offered
Audit and Assurance Services
EY offers audit and assurance services to help clients ensure the accuracy and reliability of their financial statements. This includes statutory audits, internal audits, financial due diligence, and risk assessment.
Tax Services
EY provides comprehensive tax services, including tax planning, compliance, and advisory services. Their team of tax professionals assists clients in managing tax risks, optimizing tax strategies, and complying with local and international tax regulations.
Consulting Services
EY’s consulting services cover a broad spectrum of areas, including management consulting, technology consulting, strategy consulting, and human capital consulting. They help clients navigate complex business challenges, improve operational efficiency, and drive growth and innovation.
Advisory Services
EY offers advisory services to help clients address strategic, operational, and financial challenges. This includes transaction advisory, risk advisory, performance improvement, and business transformation services.
Transaction Advisory Services
EY’s transaction advisory services focus on supporting clients throughout the deal lifecycle, from strategy development and due diligence to post-transaction integration. They provide M&A advisory, transaction support, valuation, and restructuring services.
Digital Transformation Services
EY helps clients embrace digital transformation by providing services such as digital strategy, technology implementation, cybersecurity, and data analytics. They assist organizations in leveraging technology to drive innovation and achieve their business objectives.
Financial Advisory Services
EY’s financial advisory services include mergers and acquisitions, capital markets, restructuring, and forensic investigation services. They provide strategic insights and transaction support to help clients navigate complex financial transactions and achieve their business goals.
Sustainability Services
EY supports clients in integrating sustainability into their business strategies and operations. Their sustainability services include ESG (Environmental, Social, and Governance) reporting, climate risk assessment, and sustainable finance advisory.
RSM US LLP
RSM US LLP, formerly known as McGladrey, is a leading provider of audit, tax, and consulting services. Established in 1926, RSM US LLP has grown to become one of the largest accounting firms in the United States, with a strong reputation for delivering high-quality services to clients across various industries. Headquartered in Chicago, Illinois, RSM US LLP operates as the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms.
Services Offered
Audit and Assurance
Ensuring accuracy and reliability of financial statements through audits and agreed-upon procedures.
Tax Services
Minimizing tax liabilities and ensuring compliance with tax laws for individuals and businesses.
Consulting
Addressing strategic, operational, and financial challenges to improve business performance.
Transaction Advisory
Supporting clients throughout the deal lifecycle with M&A advisory, valuation, and restructuring services.
Financial Advisory
Assisting with forensic accounting, litigation support, and dispute resolution services.
Conclusion
In conclusion, the top five accounting firms in the US for 2024 play a crucial role in the financial landscape, offering a wide range of services to businesses, individuals, and organizations. From audit and assurance to tax planning and consulting, these firms provide invaluable expertise and guidance to navigate complex financial challenges and ensure compliance with regulatory requirements.
