Another option: new hires who are not accounting majors.
By Art Kuesel
The Rosenberg MAP Survey
EDITOR’S NOTE: Every year, the Rosenberg MAP Survey asks the industry’s top consultants to share their observations from CPA firms across the country. How do you think the next 12 months will unfold? Also, how would you assess the last 12 months?
With the market for accounting talent remaining incredibly tight, and the demand for accounting and consulting services remaining relatively strong, I see the opportunity for continued double-digit revenue increases and strong margin growth at most firms. This won’t be without issue as we know how reluctant firms can be about charging what they are worth and increasing fees for current clients!
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And, the main issue at hand is how firms will continue to service existing clients while at the same time building capacity. Outsourcing and remote talent will continue to be a popular means of maintaining and building capacity.
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