SURVEY: Embracing New Technology a Must

A man tries to fix a broken hourglass in the forestWhat value are you adding?

By Rob Nixon

2015 was much the same as other years. Too many hours for not enough profit.

MORE FROM THE SURVEY: Technology Will Solve Labor Shortages | Accounting Profession Demands Swift Change | Next-Gen Leaders Getting Restless | Do You Have a Firm or a Co-op? | CPA Firm Revenues Rise a Hefty 8%
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A CPA firm will never make serious profits (more than $1 million profit per partner) if they focus on billable hours and realization margins.