{"id":4224,"date":"2009-08-17t16:29:10","date_gmt":"2009-08-17t20:29:10","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=4224"},"modified":"2016-09-27t09:54:58","modified_gmt":"2016-09-27t13:54:58","slug":"annual-rosenberg-survey-cpa-firms-feel-recessions-chill","status":"publish","type":"post","link":"\/\/www.g005e.com\/2009\/08\/17\/annual-rosenberg-survey-cpa-firms-feel-recessions-chill\/","title":{"rendered":"annual rosenberg survey: cpa firms feel recession’s chill"},"content":{"rendered":"

six-year culture of abundance ends with a thud, firms re-group, restructure and re-learn how to operate in a culture of recession.<\/strong><\/p>\n

via news release<\/em><\/p>\n

the cpa profession opened 2008 on the heels of several years of extraordinary growth and profits, hopeful that the economic slowdown would not morph into a recession.\u00c2\u00a0 cpa firms ended the year with results most industries would have been happy with.\u00c2\u00a0 the full effect of the recession didn’t have a big impact on cpa firms in 2008 because by the time the economic woes surfaced in the 4th<\/sup> quarter, most firms’ revenues were collected, invoiced or booked.\u00c2\u00a0 firms with annual net fees over $2 million (referred to as the “over $2m group”) posted the following 2008 results:<\/p>\n