Accounting Tops List of Most Profitable Industries, Again

Pile of new 100 US dollars 2013 banknotesOf course, that’s pre-tax.

By CPA Trendlines Research

Privately held accounting-related companies – accounting, tax preparation, bookkeeping and payroll service companies – are the most profitable, with net profit amounting to 18.3 percent of sales, on average, based on a financial statement analysis for the 12 months ended June 30.

To be sure, if you ask two accountants how profitable they are, you’ll get three answers.