Want to be a top 20% accounting firm? Here’s the blueprint

Want to be a top 20% accounting firm? Here’s the blueprint

top 20 accounting firms

The highest-performing accounting practices aren’t just profitable—they dominate the industry with smarter pricing, stronger client retention, and efficient operations.

Are you hitting these benchmarks?

  • 40-50% net profit margin
  • $200K+ revenue per employee
  • $1M+ revenue per partner
  • 10-20% annual revenue growth
  • $350-$500+ hourly rate for senior staff
  • 95%+ client retention (client satisfaction = loyalty)
  • 80-90% of staff hours are billable
  • 90-98% realisation rate (top-tier client management)
  • 95-98% collection rates (strong invoicing processes)
  • < 10% staff turnover (because top firms invest in their people)
  • 80%+ of revenue from recurring clients
  • < 30 days accounts receivable turnover
  • 70-90% adoption of cloud-based automation
  • $1,000 – $5,000 client acquisition cost
  • $20K – $50K+ average client lifetime value

Are you above or below these numbers?

Find out where you stand with our free benchmark report! Request yours here.

With 350+ industry benchmarks, TaxFitness helps businesses of all types measure, optimize, and grow with data-backed insights.

Don’t guess – get the numbers that matter!

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