multi-partner firms with mandatory retirement provisions grew from 62.4 percent in 2015 to 64.2 percent in 2016. this percentage is expected to increase as more firms are grappling with partners hanging on to equity longer and young managers vying for partner roles. take a look at the findings in the new rosenberg survey and see what else is changing for partners. learn more here.
is your admin staff ready to support all your changes?
by jennifer wilson
the rosenberg map survey: annual national study of cpa firm statistics
trend watch: the adoption of cloud services is selective. q: does your firm use any service that could be defined as “cloud” computing – i.e. hosted software/server or hosted communications? (select all that apply.) other answers: • appriver … continued
balancing hi-tech with hi-touch to remain the essential advisor.
by art kuesel
rosenberg map survey
increases in needs for revenue growth and people development to fulfill succession plans are fueling several macro-trends led by small, local firms.
more from the map survey: technology evolving faster than accounting firms | will staffing challenges change the definition of partner? | firms focus on profitable growth, true leadership | technology playing center stage in cpa profession
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first, smaller local firms are adopting robust organic growth strategies once only reserved for large local, regional or national firms. early indications suggest that these plans have begun to deliver expected organic results, though not enough to solve the problem. so, additional resources, additional strategies are under consideration to fuel growth.
for the last dozen or so years, the number of partners over age 50 has steadily climbed upward. the past two years, however, there was a slight decrease in the percentage of partners over the age of 50 because of the retirement of many partners over the age of 60 (even 70!) and firms bringing in new partners in their 40s. take a look at the findings in the new rosenberg survey and see what else is changing for partners. learn more here.