Here’s what you’re looking for: CPA Trendlines Research

CHARTS & GRAPHS

CPA Firm Revenues Rise a Hefty 8%

Annual Growth: 2006 To 2015 (Firms Over $2 Million)
Annual growth rates for Firms grossing over $2 million per year. Source: Rosenberg MAP Survey via CPA Trendlines

Partner incomes top $400,000 as firms make advances in efficiency and productivity.

By Rick Telberg
The Rosenberg MAP Survey

CPA firm revenues are surging more than 8 percent in the just-released 18th annual Rosenberg MAP Survey, the strongest expansion in almost a decade.

The advances are being fueled mostly by organic growth, by, with the merger frenzy showing no signs of slowing down, mergers account for about 28 percent of the new revenue, according to the report’s authors, The Growth Partnership, a St. Louis-based practice management consultancy.

But the profession could be holding itself back, according to the authors, led by Charles Hylan of The Growth Partnership.

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CLIENT SERVICE OPPORTUNITIES

Master Change, Master the Future

Happy young businesspeople working at officeHow savvy CPAs turn old problems into new opportunities.

By Rick Telberg
The Accounting Firm Operations and Technology Survey

The tax and accounting profession is entering a new era of competitive battles, marked by a thirst for new clients, a hunger for qualified employees, and a dire need for smarter, faster production processes.

Indeed, the new Accounting Firm Operations and Technology Survey shows that most solo practitioners say “attracting new clients” is their biggest challenge. Among small firms, sized up to 10 persons, it’s “managing workflow.” At all larger firms, “recruiting and retention” is the primary issue.

Clearly, the profession is fighting a three-front war. And some practitioners are trying to win with one hand tied behind their back.

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CHARTS & GRAPHS

Women, Tax Prep See Workforce Growth

cpatrendlines jobs report tiltSorry, payroll. Life remains tough for you folks.

By CPA Trendlines

The tax preparation sector of the industry is adding employees. Hmm, why could that be?

Payroll continues its swings, with numbers and hours up while earnings are down. Women continue to see gains both overall and in CPA firms, while their numbers in payroll increased by double digits.

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In this report, CPA Trendlines highlights:

  • Current hiring trends in each of the bookkeeping, payroll, tax and CPA segments of the industry
  • Average hourly wages for key segments
  • Typical hours worked per week, and
  • Trends concerning women in the accounting workforce

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HUMOR

The Accountant: The Movie

No joke!

By CPA Trendlines

Picture this:

A movie starring a mathematics savant with more affinity for numbers than people (perhaps you know someone like this).

But wait, it gets better. He makes his living as a forensic accountant for dangerous criminal organizations. And he uses a small-town CPA office as a cover!

You’re waiting for the punch line, right?

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ABOUT US

CPA Trendlines Tagged in “Top 100 Most Influential”

accountingtoday top 100 people people 2016 logo
Click to view the AccountingToday Special Report

AccountingToday cites CPA Trendlines CEO and contributors as “visionaries shaping the profession.”

Rick Telberg and two dozen more luminaries from CPA Trendlines have been named among “The top 100 Most Influential People” by AccountingToday, the tax and accounting profession’s leading news platform.

Telberg
Telberg

“Since his days as head of AccountingToday,” according to the editors, “Telberg has made a practice of introducing new voices, and he’s continuing that now as a one-man publishing house for a host of people with important things to tell the profession — to say nothing of the valuable insights he unearths through his research projects.”

“It is the new breed of CPA firm that is producing outsized profits for its owners with strategic vision, exceptional talent, and fanatical client service,” Telberg tells AccountingToday about the profession’s most exciting prospects. “Mostly they are flying under the radar, driven by a single savvy owner or a small group of tightly knit partners.”

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