Firm News

Eide Bailly Ranked 10 in 2013 Vault Accounting 50 Report

April 24, 2012

FARGO, ND — Eide Bailly LLP was recently ranked as the nation’s 10th best accounting firm in North America for quality of life issues and prestige in Vault’s Accounting Firms Rankings: 2013 Vault Accounting 50 report, up from 11th in the 2012 report. The rankings, which can be viewed at Vault.com, are a result of Vault’s annual Accounting Survey.

Eide Bailly moved up to No. 3 for informal training (No. 7 last year), and is ranked No. 4 for formal training (No. 3 last year). “People are a priority at Eide Bailly,” said Lisa Fitzgerald, the firm’s director of human resources. “We work hard to provide them with the tools and resources they need to be successful. Our people, on average, attend 60 hours of formal training each year, which is considerably higher than the industry requirement of 40 hours. But training involves more than book learning; we have found that on-the-job training is just as important.” Lisa explained that this training starts with the interns. “We treat our interns like full-time associates from the day they walk in the door. They work with our clients and receive hands-on training. We are beside our interns every step of the way – and we continue to provide the same support throughout every individual’s career.”

Eide Bailly jumped to No. 3 for business outlook (No. 11 last year). Jerry Topp, the firm’s managing partner and CEO, said he attributes this to a strong Midwestern presence, and a talented and committed team of people. “A number of our offices are located in the Midwest, an area of the country that tends to be more stable; therefore, we don’t see the extreme highs and lows like the rest of our profession.” Topp commented that the firm continued to invest in its people and processes throughout the recession, and was able to keep up with its clients’ changing needs. “It’s really the people, however, that make the difference,” Topp continued.  “I am proud to be at the helm of a business where the people are passionate about their work and go the extra mile to serve their clients.”

The firm continues to be ranked third in the nation for its culture. “Our culture has been the foundation of our success for nearly all my career,” said Topp who has been in the accounting profession for nearly 35 years. “Our culture is not just a statement on our wall. We work hard at living it and delivering on it; it is gratifying that it is noticed.”

Conducted earlier this year, the survey asked more than 4,100 accountants of all levels to assess their peer accounting firms on a scale of 1 to 10 based on prestige (respondents were unable to rate their own employers and were asked to rate only firms with which they were familiar). Accountants were also asked to rank their own firm in various quality of life categories, including firm culture, compensation, overall satisfaction and work/life balance, among others. To calculate the Accounting 50 Ranking, Vault used a weighted formula that combines prestige and quality of life ratings.

About Eide Bailly LLP
Eide Bailly provides 40,000 clients across the nation with our core services of audit & assurance and tax, as well as our expanded services, including accounting services, employee benefits, enterprise risk management, financial services, forensic & valuation, technology consulting, transaction services and wealth management. The Firm has offices located in Phoenix, Ariz.; Boulder, Denver, Frisco, Golden, Grand Junction and Vail, Colo.; Boise, Idaho; Dubuque, Iowa; Mankato and Minneapolis, Minn.; Billings, Mont.; Fargo and Bismarck, N.D.; Norman, Oklahoma City and Tulsa, Okla., and Sioux Falls and Aberdeen, S.D.

About Vault.com
Vault.com is the source of employer and university rankings and ratings for highly credentialed, in-demand candidates. Vault.com is organized by profession, industry, company and school. Vault profiles, rankings and assessment tools deliver insider perspectives and career research that candidates need to successfully match themselves to the best available job, employer and career. The Vault.com website features profiles on more than 4,500 employers, 4,000 universities, and hundreds of industries and professions, including law, finance, accounting and consulting. Founded in 1996, Vault.com is the only career resource of its kind, and attracts more than 1,000 employer and recruiter advertisers, more than 1,200 school and institutional subscribers, and millions of individual visitors and members.

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