Aug 12 Sax LLP Ranked #23 on Construction Executive’s list of The Top 50 Construction Accounting Firms
Parsippany, NJ Headquarters, August 13, 2020 – Leading accounting, tax and advisory firm, Sax LLP, has been ranked #23 on Construction Executive’s (CE) list of The Top 50 Construction Accounting Firms™. Sax moved up two spots from 2019 on CE’s list comprised of the most influential firms practicing construction accounting in the country.
To determine the ranking, CE asked hundreds of US accounting firms with a construction practice to complete a survey. Data collected included: 1) 2019 revenues from construction practice; 2) number of CPAs in construction practice; 3) percentage of firm’s total revenues from construction practice; 4) number of construction clients in 2019; 5) number of office locations with a construction accounting practice; 6) number of employees with CCIFP certification; and 7) year construction accounting practice established. The ranking was determined by an algorithm that weighed these factors in descending order of importance.
“We are honored to be recognized once again by Construction Executive and ranked among so many of our prominent peers in the industry,” said Ermal Luzaj, Partner-in-Charge of Sax’s Construction Practice. “At Sax, our industry expertise is what sets us apart from many other firms and the construction sector has many unique dynamics and challenges. We are proud of this recognition that validates our role as our clients’ number one advisor.”
To view CE’s article and rankings, click here.
About Sax LLP
Founded in 1956, Sax LLP is a multi-disciplinary, forward-thinking accounting, tax and advisory firm serving the needs of privately held companies, family-owned businesses, not-for-profit organizations, and high-net-worth individuals for over 60 years. With offices in Parsippany, NJ, Pennington, NJ and New York City, NY, Sax has the industry expertise to serve clients in our largest vertical markets, including but not limited to: Real Estate, Construction, Manufacturing & Distribution, Healthcare, and Not-for-Profit. In addition, Sax provides additional value to clients with services like Wealth Management, Cybersecurity and Managed IT, Employee Benefit Plan Audits, Transaction Advisory, HR Consulting, Valuation, Forensic & Litigation. Sax has been ranked among the Top Accounting Firms by INSIDE Public Accounting (IPA), Accounting Today and NJBIZ. For more information, please visit www.saxllp.com.
About Construction Executive
Construction Executive is the magazine for the business of construction. It reaches more than 55,000 commercial, industrial and institutional contractors and construction-related business owners and has won more than 20 editorial awards. Since first being published by Associated Builders and Contractors Services Corp. in 2003, the magazine has served as the leading source for news, market developments and business issues impacting the construction industry. Each issue includes articles designed to help owners and top managers run a more profitable and productive construction business, covering hot-button issues such as workforce development, insurance, estimating, project management, safety and liability, technological advancements and legislative action.
Now in its 18th year of publication, Construction Executive is the leading trade magazine about the business of construction. In its July/August 2020 issue, CE published a comprehensive ranking of The Top 50 Construction Accounting Firms™ featuring breakouts and analysis accompanied by an article in which leading accounting experts discuss their construction clients’ most pressing business concerns.
For more information, please visit www.constructionexec.com.