McConnell & Jones LLP

What McConnell & Jones LLP does

McConnell & Jones LLP is a Houston-headquartered, privately held limited liability partnership founded in 1987 that delivers audit, tax, and advisory services through seven U.S. offices spanning Texas (Houston, Austin, Dallas), the Southeast (Atlanta, Columbus, GA), the Mid-Atlantic (Durham, NC; Washington, DC), with international reach via its PrimeGlobal association membership. The firm is organized around three practice areas — Assurance (commercial audits, benefit plan audits, federal/state/local government audits, public company assurance, nonprofit audits, due diligence), Tax & Accounting (business tax, individual tax, expatriate tax, client accounting services, tax advisory), and Advisory (risk advisory, IT consulting, management advisory, BPO, implementation assistance) — serving commercial businesses, government entities, nonprofit and education institutions, and high net worth individuals across industries including construction, energy trading, healthcare, manufacturing, oilfield services, public companies, and private equity.

Revenue is generated through engagement-based professional services fees tied to scope, complexity, and staff hours, with no publicly disclosed pricing tiers. The firm employs 51-100 professionals and is recognized as the largest majority African American-owned and controlled CPA firm in the United States, ranked #223 on INSIDE Public Accounting's Top 300 CPA Firms list for four consecutive years (2022-2025), and placed in the top 3% of U.S. firms performing Employee Benefit Plan audits. The client base is diversified across enterprise and mid-market segments with engagement-based, recurring annual audit and tax cycles driving revenue stickiness.

Technology deployment includes AI-enhanced audit analytics for population-level transaction analysis, generative AI tools for research and documentation drafting, and a COSO-aligned Responsible AI Control Framework for governance — positioned as internal productivity and quality tools rather than standalone products. The firm is currently undergoing a structured leadership transition with William A. Taylor, Jr. succeeding Wayne McConnell as Managing Partner, paired with Tenesha Hartgrove taking the Durham office lead and Kenneth Gibbs retiring from the Mid-Atlantic Tax Practice, all effective in 2026.

Name

McConnell & Jones LLP

Legal name

McConnell & Jones LLP

Website

https://mcconnelljones.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Short description

McConnell & Jones LLP is a Houston-headquartered CPA firm founded in 1987 delivering audit, tax, and advisory services across seven U.S. offices to commercial, government, nonprofit, and high net worth clients, and recognized as the largest majority African American-owned public accounting firm in the United States.

Ownership category

akta.pro rank

Product category

Public Accounting Services

NAICS

Offices of Certified Public Accountants (541211), Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742), Services-Management Services (8741)

akta.pro primary industry

Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

akta.pro secondary industry

Valuation & Purchase Price Allocation (Deal Valuation) (BPAHAOAK)

Keywords

• Public accounting services
• Audit and assurance
• Tax advisory services
• Employee benefit plan audits
• Government audit services

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Audit & Assurance Services: Financial statement audits, reviews, compilations, agreed upon procedures, audit readiness, and attestation services for businesses, benefit plans, government entities, and nonprofits. Revenue generated through engagement-based fees.
2. Tax & Accounting Services: Business tax planning and compliance, individual tax planning and compliance, expatriate tax services, client accounting services, and tax advisory. Revenue from recurring tax preparation engagements and advisory projects.
3. Advisory Services: Risk advisory, information technology consulting, management advisory, implementation assistance, business process outsourcing, and due diligence services. Revenue from project-based consulting engagements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

McConnell & Jones LLP is a full-service CPA firm providing audit and assurance, tax and accounting, and advisory services to businesses, government entities, nonprofits, and high net worth individuals. The firm delivers financial statement audits, benefit plan audits, government audits, business and individual tax planning and compliance, expatriate tax services, risk advisory, IT consulting, management advisory, business process outsourcing, implementation assistance, and due diligence. Services are organized into three practice areas (Assurance, Tax & Accounting, Advisory) and delivered through seven U.S. offices with a partner-led engagement model emphasizing hands-on expertise.

Product overview

McConnell & Jones LLP is a full-service CPA firm providing a unified portfolio of professional services organized into three main practice areas: Assurance (including financial statement audits, benefit plan audits, and government audits), Tax & Accounting (including business and individual tax planning, expatriate services, and client accounting services), and Advisory (including risk advisory, information technology consulting, and management advisory). The firm serves diverse industries including construction, energy trading, healthcare, manufacturing, oilfield services, public companies, private equity, government, education, and nonprofits. Services are delivered through multiple U.S. office locations with a client-first approach emphasizing hands-on expertise.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Audits (Assurance Services) Financial statement audits, reviews, compilations, agreed upon procedures, audit readiness, and attestation services for businesses with a focus on reducing audit disruption.
• Benefit Plan Audits Employee benefit plan audits including defined contribution, defined benefit, and health and welfare plans, with expertise in DOL, ERISA, IRS, and SEC compliance.
• Federal Government Audits Audit and assurance services for federal government agencies with expertise in federal compliance requirements.
• Public Company Assurance Services Audit services for publicly traded companies meeting SEC reporting requirements.
• State & Local Government Audits Audit services for state and local government entities.
• Nonprofit Audits Audit and assurance services for nonprofit organizations and foundations.
• Business Tax Planning & Compliance Corporate tax planning, preparation, and compliance services for businesses.
• Individual Tax Planning & Compliance Tax planning and compliance services for individual taxpayers and high net worth families.
• Expatriate Tax Services Tax services for inbound and outbound expatriates.
• Client Accounting Services Outsourced accounting and bookkeeping services including financial monitoring, account reconciliation, and management reports.
• Tax Advisory Strategic tax planning and advisory services.
• Risk Advisory Risk assessment and management advisory services ensuring risk-reducing processes and systems.
• Information Technology Consulting IT consulting services including system deployments and technology advisory.
• Management Advisory Hands-on consulting with custom approaches for process improvement and consistent results.
• Implementation Assistance BPO implementation assistance services.
• Business Process Outsourcing Outsourced business processes for operational efficiency.
• Due Diligence Due diligence services for transactions and business evaluations.

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Partnerships

Three partnerships are on record, tiered minor.

• Prime GlobalminorOthersInternational accounting association membership providing network and resources for member firms. McConnell & Jones is affiliated with Prime Global, a global accounting network.
• Diverse Organization (DOF)minorOthersAffiliation with Diverse Organization, an organization focused on diversity in the accounting profession.
• Thompson & Knight LLPminorImplementation/ SI/ Consulting PartnerCo-hosted webinar on employee benefit plan regulations with Thompson & Knight LLP law firm, demonstrating partnership in providing comprehensive client solutions.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• RSM US: Largest U.S. audit, tax, and consulting firm serving the middle market — strongest direct peer given overlap in middle-market commercial, government, and nonprofit engagements and similar mid-tier national positioning.
• Baker Tilly US: Top-10 U.S. advisory, tax, and assurance firm with a global network — directly comparable in service mix and middle-market/government/nonprofit segments.
• BDO USA: Top-10 U.S. accounting firm offering assurance, tax, and advisory to mid-market and large enterprises — directly comparable in target customer (mid-market commercial, government, nonprofit) and service breadth.
• CliftonLarsonAllen (CLA): Top-10 U.S. accounting and professional services firm focused on mid-market private and public clients — strong comparable on segment focus, multi-office model, and service breadth.
• Crowe LLP: Top-10 U.S. public accounting firm delivering audit, tax, and advisory to middle-market clients across financial services, government, and nonprofit — closely comparable on segment mix and size.
• Moss Adams: Top-15 U.S. accounting and business advisory firm focused on mid-market and high-net-worth clients with deep industry specialization — strong comparable on practice mix and regional multi-office model.
• Plante Moran: Largest U.S.-headquartered CPA firm serving middle-market businesses, with significant audit and consulting practices — comparable scale and service mix, particularly on the advisory side.
• Forvis (formerly FORVIS): Top-10 U.S. CPA firm formed via merger, serving middle-market clients with audit, tax, and advisory — particularly comparable to McConnell & Jones on government and nonprofit practice and on mid-tier positioning.
• Wipfli LLP: Top-25 U.S. accounting and consulting firm serving mid-market organizations with audit, tax, and digital/advisory services — closely comparable on client size and service breadth.

Broad incumbents

• KPMG US: One of the Big 4 global accounting firms offering audit, tax, and advisory at massive scale — broad incumbent competing for the same large public-company and government audit mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mj-cpa
• Xx.com/MJ_CPA

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about McConnell & Jones LLP