Financial Services (Asset Managers, Investment Banks)

Industry Description

This U.S. industry comprises establishments of accountants that are certified to audit the accounting records of public and private organizations and to attest to compliance with generally accepted accounting practices.

Offices of certified public accountants (CPAs) may provide one or more of the following accounting services:
  • Auditing Financial Statements
  • Designing Accounting Systems
  • Preparing Financial Statements
  • Developing Budgets
  • Providing Advice on matters related to accounting

These establishments may also provide related services such as bookkeeping, tax return preparation, and payroll processing.

Benchmark Data

$1 Million - $5 Million Net Sales

  • MVIC/Net Sales: 0.98
  • MVIC/Gross Profit: 1.03
  • MVIC/SDE: 2.92
  • MVIC/EBITDA: 4.92

Statistics (Accounting Services)

  • Number of Establishments: 95,559
  • Average Profit Margin: 18.3%
  • Revenue per Employee: $232,000
  • Average Number of Employees: 6.4
  • Average Wages per Employee: $88,908

Locations