Contact: Colleen Bennis, 585-389-1865, firstname.lastname@example.org
Rochester, N.Y., August 2020 – Construction Executive Magazine, a publication from Associated Builders and Contractors, has named The Bonadio Group one of the Top 50 Construction Accounting Firms in the nation. The New York-based CPA firm ranks 25th amongst its peers.
“With the implementation of the new revenue recognition rules, construction industry accounting has grown increasingly nuanced and complex in the past several years,” said Michael Smith, partner and Construction division leader. “We’re proud of this honor from Construction Executive, recognizing our commitment to providing the highest quality accounting services to construction businesses as they work to remain compliant and grow in this changing environment.”
Construction Executive develops The Top 50 Construction Accounting Firms ranking by surveying hundreds of U.S. construction accounting firms. Data collected included: 2019 revenues from construction practice; number of CPA's in construction practice; percentage of firm’s total revenues from construction practice; number of construction clients in 2019; number of office locations with a construction accounting practice; number of employees with CCIFP certification; and the year construction accounting practice established.
The Bonadio Group earned spots on a number of lists so far this year, including regional Top Workplaces in its Albany, Rochester and Syracuse locations, FORTUNE’s Best Workplaces in Consulting and Professional Services, and Construction Executive’s Top 50 construction accounting firms. The Bonadio Group also was designated a 2020 Best Accounting Firm for Women as well as a Best Accounting Firm for Equity Leadership by the Accounting & Financial Women’s Alliance (afwa.org) as part of the Accounting MOVE Project.
About The Bonadio Group:
Founded in 1978, The Bonadio Group is a nationally ranked Top 50 CPA firm offering accounting, tax, and consulting services to clients of all sizes. The Firm’s professionals deliver practical, proactive, and innovative solutions to help clients reach their financial, compliance, management, and personal goals. The Bonadio Group is the largest independent provider of accounting, tax, and consulting services in upstate New York—with offices in Albany, Batavia, Buffalo, East Aurora, Rochester, Syracuse, and Utica. The Bonadio Group also has offices in New York City, Rutland, Vt., and Dallas. For more information, visit www.bonadio.com.