Tonneson + Co named Number One Accounting Firm for Women in the US

Each year, Accounting Today recognises the “100 Best Firms to Work For in the US” and then chooses the 10 Best Firms for Women among those firms based on the responses of their female staff to a comprehensive employee survey. Tonneson + Co was named the number one firm for women in the US.

Accounting Today published an article entitled “2021 Best Firms for Women: Mastering the new balancing act” which featured insights from Richard E. Mastrocola, President and CEO, and Amy Phelan, Tax Shareholder, at Tonneson. Here is a brief excerpt:

“We offer reduced hours to a significant number of our mothers raising families,” said CEO Rick Mastrocola, introducing Tax Shareholder Amy Phelan as someone who successfully took advantage of this policy to advance in the firm where she has worked for the past 27 years. “Amy is one of them. Reduced hours is one thing – the reduced hours did not interfere with career advancement. The value you bring to a company is not in the hours you bring, it’s the value, and that value is what has made Tonneson successful.” Amy Phelan is one of the female shareholders who make up 40% of Tonneson’s executive team, which is significantly higher than the industry average.

“Public accounting is a tough career choice; it’s deadline-driven. We recognise that early on, to attract the best talent, a lot of the talent [being] women, we provide that flexibility and opportunity for balance… It’s not just women with young children, but women who have other things – women who have aging parents they need to help out with. I recently became a grandparent, and I’m able to take care of my granddaughter on Fridays. I’m really proud that we are offering that across the board, not just to mothers of small children, or women with aging parents – it’s important to offer that flexibility,” said Phelan.