Research Reports
CPA Firm Critical Issues Report: Meeting Today’s Top Owner Challenges
Product ID: 3773
To review this report's Table of Contents, List of Exhibits, and Introduction, click here.
With this exclusive report from IOMA Research, CPA firm partners and administrators can delve into the important issues that affect firm management. Learn about compensation systems, planning for retirement, recruiting and staffing, strategic planning.... and much more.
As technology, globalization and similar developments change the nature of the business, CPA firms are working harder than ever to maintain profit margins and to stay competitive in a struggling economy.
Based on survey responses from CPA firm partners, administrators and other firm leaders, this report covers the critical issues that a responding firm partner described as "the ones that keep me awake at night."
With this report in hand, you'll learn:
- Which structure and governance models firms are using to manage their operation
- Types of partner compensation and retirement programs firms are developing to ensure that partners and other key firm members receive fair rewards
- Leadership development and succession techniques
- How to recruit, retain, and develop talented staff
- Issues facing CPA firms, including: economic pressures, globalization, outsourcing question, and more
In addition to the analysis of the data gathered from this exclusive IOMA survey, this report incorporates the 'stories' behind the data by looking at how five individual firms are coping with challenges and change. The case-studies discuss:
- A mid-size firm that makes “one firm” a reality.
- A small firm facing the twin challenges of being a newer firm and gaining its place in the market during a recession.
- A large firm using strategic planning to make succession a way of life.
- A small firm’s focus on staff development as a way to both survive now and to plan for a successful future.
- A mid-size firm’s road from an entrepreneurial model to a one-firm approach is paved with compensation challenges.
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