MALONEY + NOVOTNY NAMED AN IPA 200 FIRM

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Ranked one of the largest accounting firms in the nation

Northeast Ohio – Maloney + Novotny, one of Ohio’s largest full-service CPA and business consulting firms, is pleased to announce that it has been named among INSIDE Public Accounting’s (IPA) Top 200 Public Accounting Firms in its sixth annual rankings survey. IPA 200 Firms are ranked by U.S. revenues, with $15 million being the minimum to make the list this year. Maloney + Novotny debuted this year on the IPA 200 at No. 163. They moved up the rankings from 184 last year.

Matthew J. Maloney, the firm’s managing shareholder, had this to say about the ranking: “We are pleased to be included among the IPA 200. Maloney + Novotny’s success can be attributed to our outstanding employees and the confidence and trust our clients have in our work and service.”

This year, more than 500 firms participated in the IPA annual survey and analysis of firms, according to Kelly Platt, the publisher of IPA, the IPA 200 averaged 5.4% top-line growth and 4.7% growth in the bottom line. IPA 200 firms range from $15 million to $32.4 million in revenue and range in size from 58 to 235 staff. Collectively, they account for more than 11,600 staff across the nation, down 3% from last year.

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