Research Reports
CPA Firm Financial and Operational Benchmarks 2010
Product ID: 3926
To review this report's Table of Contents and Introduction, click here.
In todays economy, your firm must be well-positioned to plan and adapt its services and resources to face the significant challenges that lie ahead.
This indispensable resource brings you all the key benchmarks and operational data you need on compensation, bonuses, chargeable and total hours, fees, expenses, profit margins, net income per partner, and moreall broken out by gross fees and firm size. And, to enhance your ability to pinpoint comparable benchmarks for your CPA firm, this Report features breakouts by region.
The 2010 edition also includes additional data on operating expenses in the responding firms, plus expanded survey questions on financial performance projections and coping strategies.
With over 70 pages of tables, youll find all the statistics that are key to your current and upcoming planning, such as:
- Net income per partner (NIPP) climbed a respectable 16% for 2009 over the prior year, although individual firm results indicated a very wide range in NIPP.
- Compensation actually increased for a number of staff positions between 2008 and 2009.
- Realization dropped very slightly to an overall average of 91.3% from 92.1%, with firms in the one to five people range seeing the greatest increase in realization.
You'll also benefit from new analyses of CPA firm trends and get the answers to the following questions:
- In the current economy, how important is compensation in recruiting and retention?
- Do you need to offer better pay to get and/or keep staff now?
- Is pay better used as a performance reward?
- Will billing rates continue to increase?
- What percentage of net fees do firms allocate for marketing, technology, and CPE/training?
- How are longer collection periods impacting revenues?
- What are the revenue predictions for the next year?
- And more.
Where better to turn for the key benchmarks and metrics essential for your success in 2010 than IOMAs highly-respected annual CPA firm survey, with its long history of providing exclusive data you can depend on and astute analysis by the editors of the respected monthly newsletter, Accounting Office Management & Administration Report?
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.)
Purchasing
Focus Areas |
Product Group |
CPA Firm Management |
Research, Reports & Books |
