{"id":6245,"date":"2010-03-09t07:16:11","date_gmt":"2010-03-09t11:16:11","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=6245"},"modified":"2024-08-14t11:29:56","modified_gmt":"2024-08-14t15:29:56","slug":"recession-flattens-accounting-firms-in-09","status":"publish","type":"post","link":"\/\/www.g005e.com\/2010\/03\/09\/recession-flattens-accounting-firms-in-09\/","title":{"rendered":"recession flattens accounting firms in ’09"},"content":{"rendered":"

no fee growth across all sizes of firm<\/strong><\/p>\n

\"\"<\/em><\/em>
rosenberg<\/figcaption><\/figure>\n

by marc rosenberg, cpa<\/em><\/p>\n

the mantra in 2009 was “flat is up,” which meant that cpa firms would gladly settle for 2009 revenues that simply held firm at the 2008 level, given the full brunt of the recession. according to a survey we conducted of cpa firms across the country, firms got their wish: the surveyed firms showed a 0.6% increase in annual net fees in 2009 vs. 2008 \u2013 about as flat as it gets.<\/p>\n

for the past 10 years, we have maintained what we call our “national e-mail managing partner roundtable.” it consists of roughly 100 accomplished managing partners of cpa firms across the country. 54 firms responded in january and early february to a series of questions regarding the impact of the recession on their firms.<\/p>\n