More accounting firms are growing through mergers and acquisitions

10/20/2013 | Crain's Cleveland Business

Mergers and acquisitions of larger CPA firms are happening a rapid pace, M&A experts say. Statistics from the AICPA show that the number of accounting firms has remained steady at 44,000, despite an increase in mergers and acquisitions, because oftentimes some partners from the acquired firm will leave to form sole proprietorships.

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