Rosenberg MAP: Partner Incomes Surge 11.4%

On revenue gains of 11.8%

By Charles Hylan
Rosenberg MAP Survey 

It’s been another amazing year for the accounting profession! But – it comes at a price. As we look at the firms in our survey with revenue greater than $2 million, income per partner was up 11.8%, and revenue was up 11.4%.

MORE in SURVEYS & RESEARCH: Firms Rev Up Expansion Plans | Overcoming the Five Hurdles to Advisory Services | Research: Accounting Pros Cautiously Optimistic about Generative AI | Why Compliance Still Matters. But It’s Not Enough. |  New Businesses Mean New Business | How to Transform Your Team into Trusted Advisors

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This is the second year in which profits grew faster than revenue.

This new revenue and additional profits are occurring amidst a severe staffing shortage, resulting in people being stretched to their limits.

So, how do we keep this going at less of a “price tag?”

Doing nothing is not an option, and hope is not a strategy.

Our profession is experiencing unprecedented pressure from the economy, staffing shortages, technology, and competition. READ MORE →

MAP Survey: When Bigger Isn’t Better

How small firms profits stack up against larger firms in profitability.

By Charles Hylan
Rosenberg MAP Survey

While being a large firm doesn’t guarantee higher profits, data published in the new Rosenberg Survey shows larger firms tend to be more profitable than smaller firms.

In the infographic below, you’ll find the correlation between the size of a firm, in terms of net fees, and the corresponding profit as measured by Income Per Equity Partner.

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