{"id":31561,"date":"2013-09-21t16:20:19","date_gmt":"2013-09-21t20:20:19","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=31561"},"modified":"2024-10-01t09:36:32","modified_gmt":"2024-10-01t13:36:32","slug":"2013-map-study","status":"publish","type":"post","link":"\/\/www.g005e.com\/2013\/09\/21\/2013-map-study\/","title":{"rendered":"new survey results: cpa firms turn in best revenue and profit growth since the recession"},"content":{"rendered":"

revenue gains accelerate; partner incomes hit new highs; staff turnover at worrying levels.<\/strong><\/p>\n

\"rosenberg
rosenberg map survey revenues gain 5.4% after slump.<\/figcaption><\/figure>\n

by rick telberg<\/em>
\n卡塔尔世界杯常规比赛时间<\/em><\/a><\/p>\n

revenues and profits are surging faster at cpa firms than at any time since the banking crash of 2007, according to the profession’s leading map survey.<\/p>\n

the new 2013-2014 edition of the rosenberg survey (full report here<\/span><\/a><\/span><\/span>) shows cpa firms posting “their first respectable results since before the recession,” according to the authors of the 194-page study of more than 100 benchmarks at 390 firms, including 19 sole proprietors, all grossing more than $2 million.<\/p>\n

hunger for growt<\/strong>h<\/strong><\/p>\n

to be sure, the 2012 growth rate of 5.4% pales in comparison to the bubble years leading up to the big banking crash and it “isn’t coming close to satisfying the hunger for rapid growth that burns in the bellies of the nation’s most successful, ambitious firms,” according to the authors, 卡塔尔世界杯常规比赛时间 contributor marc rosenberg<\/span><\/a><\/span><\/span>, and charles hylan and carol stano of 卡塔尔世界杯常规比赛时间 affiliate\u00a0the growth partnership<\/span><\/a><\/span><\/span>.<\/p>\n

top five trends<\/strong><\/p>\n

the authors offer five “overarching observations:”<\/p>\n

1. the strongest revenue growth since before the recession<\/p>\n

2. robust merger activity<\/p>\n

3. surprising increases in professional staff turnover across the board<\/p>\n

4. improved staff-to-partner operating leverage<\/p>\n

5. a divergence in performance with larger firms outpacing the gains of smaller firms.<\/p>\n

the “hunger for rapid growth” is fueling an unparalleled era of acquisitions and consolidation, according to the authors. “because robust organic growth is difficult to achieve for most practices, the vast majority of firms over $5 million (in annual revenue) are aggressively pursuing mergers,” the authors say. “there is no let-up in sight.”<\/p>\n

the study shows, for instance, that the largest firms, those with more than $20 million in annual revenue, can attribute 28% of their 8.6% gains to mergers. among the smallest firms in the study, down to $2 million in annual revenue, mergers account for only about 1.2% of their 4.7% topline improvements.<\/p>\n

overall, however, the majority of firms are turning in their strongest performances in years, including:<\/p>\n