Research Reports

In the current economic environment, it is more important than ever to shore up your plans for 2009. And, with your firm's summer retreat just around the corner, this is the perfect report to help you benchmark your firm's performance during the first quarter.

Here are just a few of the reasons why IOMA’s annual CPA firm survey handbook from the editors of the highly-respected monthly newsletter, Accounting Office Management & Administration Report is essential for your planning:

1. Our CPA firm survey is conducted each spring, ensuring that you get the freshest and newest information possible. We know how quickly the CPA firm landscape is changing and we are committed to annual surveying to help CPA firms keep up with these changes.

2. IOMA continues to offer a full array of the key benchmarks on compensation, bonuses, chargeable and total hours, fees, leverage, profit margins, net income per partner, and more—all broken down by gross fees and firm size. We know what CPA firms need for strategic planning and practice management.

3. IOMA always protects the confidentiality of our survey respondents, so you can be sure you are getting the real picture of what is happening at other CPA firms, including our highly-valued Individual Firm Analyses—and accurate benchmarks.

4. The 2009 edition has been expanded to include additional breakout data so you can find information best suited to a firm like yours. We have also added a new section on training and expanded the data on HR practices in CPA firms.

With over 80 pages of tables, you’ll find all the statistics from this year’s survey that are key for your current year-end and upcoming mid-year planning, such as:

• Partner compensation (excluding bonuses or perks) rose slightly to $347,071 for the highest-paid owner group in 2008. For owners in the middle or average compensation range, compensation declined 5.6 percent to $204,292.

• Average NIPP increased slightly, from $280,009 in 2007 to $283,364 in 2008.

• Billing rates for CPA firm owners declined on average by $4 per hour to $225 in 2008. Billing rates were also down for supervisors/managers, seniors, juniors and non-CPA juniors. Paraprofessionals held steady at $81. Marketers were the exception, with a 24% increase on average to $152 per hour.

You'll also benefit from new analyses of CPA firm trends in the areas of:

• Alternative billing practices
• Flex time and telecommuting practices
• Employee benefits
• Succession planning and mergers
• The migration to paperless
• Hot niches and marketing practices
• And much more

No-Risk Web Offer: You get IOMA's Ironclad 100% Money-Back Guarantee: if you're dissatisfied with your print report for any reason, return it within 30 days and you'll receive a full refund — with no questions asked. (Sorry, IOMA cannot grant refunds on electronic purchases.)

Click here to review this report's Table of Contents and Introduction.