Armanino Blog

2022 in Review: Looking Back on Highlights and a Year of Positive Impact

by Matt Armanino
February 07, 2023

Making a positive impact on our people, clients and communities is a cornerstone of who we are and what we stand for at Armanino. Our positive energy and innovative approach made some amazing things happen in 2022.

Let’s take a look at a few of the many ways we came together to spark success and uncover possibilities over the past year.

Growth Set the Stage for Advancement and Opportunities

As our clients grew, so did we. Throughout the year, we welcomed many new faces who help clients with their most challenging issues today and plan for a stronger tomorrow. We seized opportunities to connect, from on-site client work to volunteer opportunities with the Armanino Foundation.

In January, we combined with Austin-based Holtzman Partners, boosting our ranks in the Lone Star State. Mid-year, we rang in a new union as we combined with Drucker & Scaccetti, adding deep tax expertise as well as an expanded footprint to include offices in Philadelphia and Scranton, offering East Coast clients expanded on-the-ground access to our teams. On the industry side, we added Manufacturing to our roster of core industries, reflecting the growth of our sector-specific expertise and knowledge in this area.

We’ve long been focused on DEI and helping women advance their careers at all levels. In 2022, we walked the walk and celebrated the promotion of 24 team members to partner, with women making up 54% of our new partner class. We also introduced the most diverse management team in our history, a group that surpassed the industry average percentage of women in management positions.

The Uniquely Armanino Experience Stood Out

We’ve often been asked about how we’ve developed a unique, entrepreneurial culture. The publication of our book, Empowered, provided an inside look into our growth trajectory and success.

While our top priority is our clients’ success, being honored for our efforts to help clients uncover new opportunities and build roadmaps to their future success is icing on the cake. Here are just a few of the many awards we received this past year:

  • ClearlyRated awarded Armanino its prestigious Best of Accounting Award, along with our third Diamond Award, both markers of client satisfaction and trust.
  • Firsthand (formerly Vault) ranked us 11th in the 2022 Best Accounting Firms for Diversity rankings and ranked our internship programs among the nation’s best, citing our creative approach to developing fulfilling, immersive student programs.
  • Inside Public Accounting named us to the “Best of the Best” list for the 20th year.
  • Accounting Today and Bob Scott honored us as one of the top value-added resellers.
  • Construction Executive named Armanino one of the top 50 construction accounting firms.
  • For the ninth year, we received the Microsoft Business Applications 2022/2023 Inner Circle award, which is based on high performance and ranks Armanino in the top tier of Microsoft’s Business Applications global network of partners.
  • Solver named us its 2021 Breakout Partner of the Year after we were able to grow our Solver business and delivery teams faster than any other partner that year.
  • BlackLine named Armanino its 2021 Americas Solution Provider of the Year for our comprehensive solutions and approach.
  • Industry Edge, our industry certification program that enables wide sharing of industry knowledge within Armanino, was recognized with a Silver Award in the Chief Learning Officer Group’s Learning in Practice Awards.

On the local level, we stood out in local business communities, receiving honors such as the Los Angeles Business Journal’s “Most Innovative Firm of the Year” and being one of 24 companies recognized by the Women’s Foundation of Greater St. Louis for commitment to advancing women in the workplace.

We showed the world what makes us unique in terms of what we deliver. Armanino Access, our new client experience app, rolled out to a group of MVP clients, an exciting step in how we’re reimagining the digital client experience and building a tool based entirely on what our clients need and want from a provider. Armanino Intelligence showed how our unique approach to innovation sets us apart and allows us to combine data and technology in meaningful ways.

Giving Back Was Bigger & Greater Than Ever

The Great Give was our most impactful yet, with a return to a fully in-person event that allowed us to resume hands-on volunteer work and create lasting connections with each other. Our impact through the Armanino Foundation continues to reach communities throughout the country, growing as our footprint has expanded from coast to coast.

In December 2022, the Armanino Foundation awarded five nonprofit organizations $10,000 in grants that will provide an immediate boost to helping them fulfill their missions. Last year, we hosted Volunteer Vacations in Oregon, Oklahoma, Puerto Rico, Montana, Florida, California, Washington, D.C. and Vietnam, bringing the power of Armanino to numerous people and organizations.

People Are at the Heart of Our Success

All these accomplishments, and many others not listed here, aren’t possible without every single one of our team members. From the big ideas they implement to the transformative impact they’ve had on entire industries, we recognize the contributions of our courageous, community-minded team that brings possibilities to life to help our clients go further, faster.

There’s much to be thankful for and proud of, and we’ve already kicked off 2023 with great news about being named one of Glassdoor’s Best Places to Work! We hope you’re excited about great things to come as we forge our future together in 2023!

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Matt Armanino - CFO Advisory & IPO Readiness | Armanino
Chief Executive Officer (CEO)
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