October 25, 2011 > Special Life Events: GROCO named in top ten
Special Life Events: GROCO named in top ten
Submitted By Rebecca Seipert
Greenstein, Rogoff, Olsen & Co. (GROCO), one of the top accounting firms in the San Francisco Bay Area, announced October 11 that it has received the prestigious recognition as one of the 10 Fastest Growing Accounting Firms in the nation by INSIDE Public Accounting Magazine (IPA). In addition to this honor, they received recognition as one of the Top Five Fastest-Growing firms, by region, and Top Five Fastest-Growing firms, by revenue ($5-10 million) in the nation.
"GROCO is honored to receive this recognition," says Alan Olsen, Managing Partner of Greenstein, Rogoff, Olsen and Co. "The firm has been able to see continuous growth, despite our nation's economic challenges. This award is a reflection of our dedicated team of partners and staff who have enabled us to receive this great accomplishment."
Greenstein, Rogoff, Olsen and Co. was selected as one of the fastest growing firms by IPA from more than 400 participating companies based solely on their performance in specific areas of management and growth.
Collectively, the firms who participated in IPA's annual survey this year had an average growth rate of just 0.85%. Only 6% of firms that participated this year turned in a double-digit organic growth rate - a sharp comparison to just four years ago when it was the norm rather than the exception. In 2011, the 10 fastest-growing firms in the nation, as named by IPA, are turning in double-digit growth during a time when many considered it to be nearly impossible.
"The success of these firms is a tribute to their leadership. Their performance defies economic trends by recognizing the long-term goals that are needed in order to sustain growth through both prosperous times and down times," says Kelly Platt, managing editor of IPA. "We salute all of these firms and recognize their overall management strategies as models that the profession can be quite proud of," Platt concludes.
To view the full list of firms fastest growing accounting firms, please visit: http://www.insidepublicaccounting.com/PDF/fg2011.pdf
For more information about GROCO, visit www.groco.com