July 28, 2022 – Again this year, HBK CPAs & Consultants (HBK) is ranked by Construction Executive magazine as one of the nation’s Top 50 accounting firms with a dedicated construction practice. The magazine boasts an audience of more than 150,000 leading construction business owners, C-suite executives and top decision-makers including all 21,000 member companies of Associated Builders and Contractors nationwide.
HBK ranked 37th in the study, which is based on data submitted by CPA firms, including:
- 2019 revenues from construction practice
- number of CPA's in construction practice
- percentage of firm’s total revenues from construction practice
- number of construction clients in 2019
- number of office locations with a construction accounting practice
- number of employees with CCIFP certification
- year construction accounting practice established
The HBK Construction Solutions Group includes 65 CPAs working with 641 construction companies. The specialized group serves a broad range of clients, including general contractors, heavy construction, homebuilders, bridge painters, and other specialty trades. Team members are active in the industry, have obtained their Certified Construction Industry Financial Professional (CCIFP) certificate, and are involved in various construction organizations. HBK is a BDO Alliance member and team members serve on the Alliance's Construction Industry Group Executive, Education and Value-Added committees.
HBK also ranked 49th in the nation and 6th in its region in the latest study by Accounting Today magazine.
“Our continued growth is gratifying given the challenges posed over the past two years by COVID and the related issues,” noted HBK CEO and Managing Principal Christopher Allegretti, CPA. “Again, we can point to how we have worked together, despite unprecedented challenges, to help our clients through the difficult, unanticipated issues they have faced in 2020 and 2021.”
HBK provides small to mid-market businesses and their owners and operators a wide range of financial solutions, including accounting, tax and audit services; wealth management; business valuation; corporate finance; forensic accounting; litigation support services; and business consulting, including specific expertise in a number of major industries. The CPA firm dates back to 1949 and added its wealth management practice in 2001. The financial professionals of HBK CPAs & Consultants and HBKS Wealth Advisors serve clients locally out of offices in Columbus, Youngstown and Alliance, Ohio; Pittsburgh, Philadelphia, Erie, Hermitage, Meadville and Blue Bell, Pennsylvania; Princeton, Cherry Hill and Clark, New Jersey; and Fort Myers, Naples, Stuart, Sarasota and West Palm Beach, Florida.