HBK Again a Top 50 Accounting Firm in Construction Executive Magazine’s 2023 Rankings

Date August 25, 2023

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 42nd in the study, which is based on data submitted by CPA firms, including:

  • 2022 revenues from construction practice
  • number of CPAs in construction practice
  • percentage of firm’s total revenues from construction practice
  • number of construction clients in 2022
  • number of office locations with a construction accounting practice
  • number of employees with CCIFP certification
  • year construction accounting practice established
  • HBK Construction Solutions includes approximately 30 individuals working with over 600 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 45th in the nation and 6th in its region in the 2023 Accounting Today magazine study.

    “Construction firms require accounting expertise rooted in industry experience and knowledge,” noted National Director of HBK Construction Solutions Michael Kapics, CPA, MBA, CCIFP. “The depth of industry expertise among the professionals in our Construction Solutions practice has played a critical role in our construction clients’ growth and success, particularly given the unprecedented challenges those businesses have faced in recent years.”

    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; transaction advisory services; forensic accounting; litigation support services; and business consulting, including broad expertise in a number of major industries. The CPA firm dates back to 1949 and added its wealth management practice in 2001. HBK CPAs & Consultants and HBKS Wealth Advisors serve clients locally out of offices in Columbus and Youngstown, Ohio; Pittsburgh, Philadelphia, Erie, Hermitage, Meadville, and King of Prussia, Pennsylvania; Holmdel and Cherry Hill, New Jersey; Fredonia, New York; and Fort Myers, Naples, Stuart, Sarasota, and West Palm Beach, Florida. HBK ranks in the Top 50 on Accounting Today’s list of the largest U.S. CPA firms; HBKS Wealth Advisors is a Top 100 registered investment advisory.

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