What are the Major Concerns of CPA Firms?

Source: Partner’s Report

Highlights from the AICPA annual Top MAP issues survey. The following concerns were important for most firms (not in order of importance):

• Recruiting (and retaining) staff.
• Succession planning.
• Standards and regulations.
• Training new partners.
• Workloads.

Solo practitioners were concerned about the following (in order of importance):

• Changes in tax laws.
• Regulations.
• Technology.
• Work/life balance trends.

The following were on previous surveys but not this year’s:

• Marketing.
• Retaining clients.

See the complete survey, click here.

From Partner’s Report—the Monthly Update for CPA Firm Owners, December 2007, p. 2, Top MAP Issues. For subscription information contact Institute of Management & Administration, Inc., 3 Park Avenue, 30th Floor, New York, NY 10016-5902. One-year subscription $449. 212-244-0360, [email protected].