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Universal Accounting Sees Revenue Growth

Salt Lake City 
(July 10, 2009)

By WebCPA Staff

Accountant training materials provider Universal Accounting reported growth in revenue this year.

The company said it has seen a 30 percent growth in revenue in the first six months of this year compared to the same period last year, going from $2.6 million to $3.4 million. The privately held company also claimed a 65 percent jump in net income and a 20 percent increase in new students, but declined to provide dollar figures.

The company entered the Canadian market in the past year and released a new professional tax preparer training product. 

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