BENCHMARK YOUR FIRM
How is your firm comparing in the quickly evolving world of public accounting?
The 2023 AICPA PCPS/CPA.com National Management of an Accounting Practice (MAP) Survey benchmarks your firm’s operations with those similar in size and region and with the top performing ones as well. This is the CPA profession’s largest benchmarking tool and our society is pleased to be a supporting member of this popular survey once again this year. It will give you a better understanding of the new workplace that’s emerging from the shadows of the pandemic.
How does your firm stack up against others in the profession? Curious about the latest technology trends in firms around the country? How are you and others leveraging staff in the current economy?
The survey covers key practice management issues that will allow your firm to compare its financial performance and operations to other firms, as well as gain strategic insights into building a more profitable and rewarding practice. Additionally, survey results will help accounting firms benchmark themselves against same-sized firms regionally and nationally.
Targeted benchmarks include billing rates, chargeability ratios, compensation, and other key performance indicators. The value of these benchmarks depends on broad participation among CPA firms.