Big Firms Keep Getting Bigger

Good news for small firms, too, but not as graph on blackboard

For CPA firms, bigger is better and keeps getting better in terms of revenues and profits for the practices and income for their individual practitioners.

So say the results of one of the profession’s best-respected monitors of practice management trends and CPA firms’ financial performance, “The National MAP Survey of CPA Firm Statistics: The Rosenberg Survey,” which is based on data from across the profession from solo practitioners to firms with more than $20 million in net fees.