Rea & Associates was recently named to the Top 100 Accounting Firms in the Nation by INSIDE Public Accounting, an accounting industry publication. We are pleased to be recognized once again by our peers. Rea doesn’t strive to be one of the largest firms in the county, but we do strive to provide small-town attention with a high level of expertise to our clients. We’re grateful to our clients for allowing us to continue to share in their success, and humbled by the word-of-mouth advertising they share with our prospects.
Accounting firms have experienced the same belt-tightening measures that every other business has faced in the Great Recession, the magazine said. Firms on the list reduced staffs through layoffs and downsizing, took pay cuts and merged with other firms to remain successful. Even with these measures, the average growth for the top 100 firms was -0.4 percent, the first contraction the magazine has reported in 20 years.
The magazine confirms that accounting firms, including Rea, have certainly not been immune from the impact of the Great Recession. We’ve take our own steps to streamline our staff and reduce costs. In essence, we’re practicing what we preach by using the solutions that we share with clients every day.
While the Great Recovery hasn’t been pretty, it has provided a unique opportunity to help our clients through challenging times. We plan to continue to help our clients succeed for many years to come. And that means much more to us than being named to a Top 100 List.