Benchmarking Data Survey
Source: Inside Public Accounting
The following data comes from the IPA Annual Analysis of Firms, from which IPA selects its “All-Star” firms. This data is based on input from hundreds of participating firms. National firms are not included.
| Category | Average All Participating Firms | Range for All-Star Firms |
| Net Fees per Charge Hour (1) | $150 | $167 to $180 |
| Professionals per Partner (2) | 5.34 | 2.5 to 7.5 |
| Revenue per Partner (3) | $1.27 Million | $.929 to $2.1 Million |
| Revenue per Professional (4) | $203,000 | $242,000 to $252,000 |
| Revenue per Employee (5) | $161,000 | $190,000 to $205,000 |
| Revenue Growth | 14.7% | |
| Income Growth | 14.3% | |
| Realization | 88.7% | |
| Revenue from A&A | 43.0% | |
| Revenue from Tax | 36.1% | |
| Revenue from Non-Attest Services | 20.9% | |
| Partner Billing Rates | $304/Hour | |
| Partner Compensation—Equity | $444,000 | |
| Partner Charge Hours | 1,124 | |
| Managing Partner Charge Hours | 728 | |
| Marketing as Percent of Revenue | 2.3% | |
| Training per Professional | $2,200 | |
| CPE Hours | 53 | |
| Turnover | 14.4% |
(1) Firms with higher net fees per charge hour generally do less tax work (as a percentage of total revenue) than other firms.
(2) Firms with higher leverage generally do more audit work (as a percentage of total revenue) than other firms.
(3) Firms with higher revenue per partner generally do more non-traditional work (as a percentage of total revenue) than other firms.
(4) Firms with higher revenue per professional generally have higher charge hours, higher pay, and less turnover than other firms.
(5) Firms with higher revenue per employee generally do more audit work and have less administrative staff than other firms.
From Inside Public Accounting, September 2007, The Platt Consulting Group (www.plattgroupllc.com). Subscription $379 per year; back issues—nonsubscribers $50. 317-733-1920.