Inside Public Accounting Ranks The Siegfried Group as the Fastest-Growing Firm in Top 100 Accounting Firms Report

WILMINGTON, Del., Dec. 18, 2012 /PRNewswire/ -- Inside Public Accounting, an award-winning newsletter covering the accounting industry, has ranked The Siegfried Group, LLP as the fastest-growing firm in its listing of the 2012 Top 100 Accounting Firms benchmarking report.

Based in Wilmington, Delaware, The Siegfried Group's 16 offices across the nation primarily focus on providing exceptional accounting and finance professionals to Fortune 1000 companies to assist them with very important projects. Under the leadership of its founder and CEO, Robert L. Siegfried, Jr., CPA, The Siegfried Group posted a 59% increase in net revenue from 2010 to 2011.  This impressive growth is due to a "single-minded focus on growing industry niches," the report explains.

In 2012, among the Top 100 Accounting firms, Siegfried moved up 21 positions from No. 69 in 2011 to No. 48; the Top 100 CPA firms, which are led by the "Big Four" firms – three of which are themselves clients of Siegfried – are ranked based on U.S. revenue.

Mr. Siegfried comments, "The recent acceleration is a reflection of our improved execution in all areas, rather than an improvement in overall market conditions. While our 2011 results were very positive step forward for our firm, we are equally excited about our current 2012 results and positioning for the future. We are grateful for the on-going opportunities to help our clients advance their success as they take on important and often strategic challenges and opportunities."   

The firm's cumulative aggregate growth rate has been 34% since it initiated operations almost 25 years ago in 1988. During that time The Siegfried Group has done work with 100 of the Fortune 500 and more than 250 other large global organizations with more than $1 billion in revenues.

About The Siegfried Group, LLP

Established in 1988, The Siegfried Group is a CPA firm that delivers a full range of Accounting Resource Services to major public companies and other large organizations (including three Big Four firms). The Siegfried Group provides high-caliber, experienced accounting and financial professionals to assist with the implementation of critical financial work. For more information about The Siegfried Group, please visit www.siegfriedgroup.com.

About Robert L. Siegfried, Jr., CPA

Robert L. Siegfried, Jr., is the Founder, CEO, and President of The Siegfried Group, LLP. Prior to establishing The Siegfried Group, Rob was an Audit Manager at Ernst & Young (E&Y) in Baltimore, Maryland.  Additional assignments at E&Y included Director of Recruiting, Entrepreneurial Services and Practice Development, and Computer Audit Specialist.  Rob graduated from the University of Delaware with a Bachelor of Science degree in accounting and economics. In 1999, Rob completed the "Birthing of Giants" Entrepreneurial Executive Leadership Program hosted by the Massachusetts Institute of Technology.

In 2007, Rob was recognized by Accounting Today as one of the "Top 100 Most Influential People in Accounting" in recognition of his pioneering role in establishing accounting resource services as a distinct practice within his CPA firm in 1995.  Named Small Business Person of the Year by Delaware's New Castle County Chamber of Commerce in 1999, Rob was also bestowed the Alumni Award of Excellence in 2001 by the Lerner College of Business and Economics at the University of Delaware.  In 2002, the University of Delaware named Rob to the 2002 Alumni Wall of Fame, a prestigious award bestowed on a select few each year across all disciplines. Rob recently became the new Chair of the Advisory Board of the Lerner College of Business & Economics at the University of Delaware. Rob is a member of the Delaware Society of CPAs, where he is a former Vice President, Treasurer, Council member and co-leader of the Practice Management Committee and the American Institute of CPAs.

SOURCE The Siegfried Group, LLP