CPA Firms Hit the Brakes on Increases in Billing Rates

CPA firm price index through August 2015

The good news? A lot less volatility.

By CPA Trendlines

After a period of rapid price increases, CPA firms appear to be backing off on rate hikes.

The price index for U.S. CPA firms reached 117.2 in August, representing a 15.1 percent price increase since the January 2005 baseline. This is the second time this year the index has reached this mark, with the other in March, and the highest point except for February’s 117.5. It denotes increases of 0.6 percent for the month and 0.3 percent for the year.

Posted on September 29, 2015

Rick Telberg

About the Author

Rick Telberg is a veteran analyst, advisor, commentator, editor, and publisher. He brings a unique background and perspective to research and advisory services for the professional services community.

Mr. Telberg may well be the accounting profession's most widely-known commentator through his long associations with the American Institute of Certified Public Accountants, Accounting Today magazine, and today, CPA Trendlines.

As an expert in management, marketing, media, and e-commerce, Mr. Telberg has served as Senior Editorial Director of Pro2Net Corp., now www.smartpros.com, and as Director of Online Content at CPA2Biz, www.cpa.com.

Previously, Mr. Telberg served as the early Editor-in-Chief of Accounting Today, and as Vice President/Group Publisher at Thomson Financial (now SourceMedia), overseeing Practical Accountant, Accounting Technology, and what is now AccountingToday.com.

Mr. Telberg was presented with a special citation by the National Society of Accountants for service to the profession and has served on a variety of boards and steering committees, including BKR International and the IBM Small Business Advisory Council. He is a graduate of New York University.

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