How Clients Squeeze CPAs on Audit Fees

Tougher clients take tough positions. by The Corporate Executive Board The most successful client companies  have taken a stronger line with audit fee negotiation in the past year but without jeopardizing good auditor relationships. They succeed by being open and … Continued

62% of Firms Flat to Down in ’09

Live from the Thomson Reuters User Conference Greg Lafollette reports new survey data from Thomson that shows four in 10 firms suffered revenue declnes last year. The average accounting firm’s revenues grew 1.2%. But the growth was uneven: 40% saw … Continued

Have Audit Fees Hit Bottom?

Not quite yet, according to a new analysis by CFO magazine. But CFO says “the trend has begun to slow.” “Only three of the top eight audit firms showed a drop in fees charged as a percentage of client revenue … Continued

CPA Net Income Per Partner Surges 16%

(What recession?) The surprising thing about  AOMAR’s CPA Firm Practice Management Survey 2010 is that there were so few surprises. The study turned up very few significant changes between 2009 and 2010. Of course, it’s possible that the major metrics … Continued