37% of the Firm’s Principals and Partners are Women
Rochester, NY. (November 2, 2022) – For the seventh consecutive year, The Bonadio Group has been named a Best CPA Firm for Women and a Best CPA Firm for Equity Leadership by the Accounting MOVE Project, an annual industry report sponsored by the Accounting and Financial Women’s Alliance. The project, which investigates the factors proven to be essential to women’s career success, found that the firm’s commitment to “career fluidity” has allowed for greater career advancement opportunities for its female CPAs than the majority of its industry counterparts.
The Best CPA Firms for Women are identified based on corporate initiatives and programs that support persistent progress in advancing female leaders. Additionally, those named to the Best Firms for Equity Leadership list have achieved advanced gender equity through any combination of culture, growth, and programs.
“The Bonadio Group is committed to supporting the ambitions of our talented female leaders with greater opportunities for career development and the continued enhancement of our diversity, equity and inclusion practices,” said Bruce Zicari, Managing Partner and CEO of The Bonadio Group. “We will continue to foster a culture that promotes the professional growth of women at our firm, as each and every one of our people play a critical role in the success of our business.”
Currently, over one-third (37%) of the firm’s principals and partners are women, with a retention rate of 86% in the transition of female employees to the partner role (significantly more than the national average of 50%). The project also lauded the firm for its proactive policies to prevent burnout, including offering employees unlimited paid time off and adding a week off around July 4. Furthermore, the firm’s overall dedication to equity is in line with the goals of their Council for Diversity, Equity, and Inclusion, which is committed to creating an inclusive work environment and providing an atmosphere that allows people to achieve their greatest potential.
“Now more than ever, women need a third-party stamp of approval like the MOVE Project lists and the Accounting and Financial Women’s Alliance to find firms where they can grow and thrive. Traditional career paths are changing so quickly that firms can hardly keep up. The 2022 Move Project shows fresh avenues of advancement,” said Cindy Stanley, Executive Director of the Accounting and Financial Women’s Alliance.
The Accounting MOVE Project winners were recently honored at the 2022 Accounting and Financial Women’s Alliance Conference on October 28. For more information on the project and to view a full list of honorees, visit the project webpage.
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.
About the Accounting MOVE Project
Since 2010, the Accounting MOVE Project has measured and supported the advancement of women at accounting and consulting firms. MOVE is the only annual benchmarking project that both counts and advocates for women in the profession. The MOVE Project advisory board includes leaders from association partners the Accounting and Financial Women’s Alliance and founding sponsor Moss Adams. MOVE is made possible by support from its sponsors and by administrative fees paid by participating firms. Firms receive benchmarking reports based on the MOVE Project. See the archives of MOVE Project reports at https://accountingmoveproject.com/archives/.