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Top Challenges by Firm Size
The PCPS CPA Firm Top Issues Survey is conducted biennially with results categorized by firm size. While each size grouping has a unique list of top five issues, common elements provide snapshots of general trends.
Client retention, for example, was a significant concern for firms in the 2009 survey, during the midst of the economic downturn. Again, client retention was consistently cited across all firm sizes in 2011, but was not among the top five issues for all firm groups this year; it ranked fourth and fifth, respectively, among sole practitioners and firms with 11-20 professionals. In the meantime, succession, which only the largest firms chose as a top issue in 2011, has also now become a challenge for nearly all firm segments.
To view all the top issues lists for 2013, visit: aicpa.org/pcps.
LAST UPDATED 7/24/2013