CPA Firms Still Growing

Source: CPA Trendlines

The following blog entry is reproduced in its entirety:

WebCPA Reports on Bay Street Group Research: CPA Firms to Expand Despite Recession

By WebCPA staff

More than a third of CPA firms plan to supplement their workforce in the next 12 months, according to a newly released survey.

The survey, by the American Institute of CPAs’ CPA2Biz unit and the Bay Street Group, found that only 16 percent of the CPA firms polled plan to reduce their headcount next year. Meanwhile, nearly half the firms polled intend to keep their headcount steady.

Nevertheless, the economy is prompting more tax and accounting professionals to look for new jobs in CPA2Biz’s online career center. Twenty percent of the CPAs polled reported concerns that their firms were downsizing.

To read the original blog, click here and select the entry “WebCPA Reports on Bay Street Group Research: CPA Firms to Expand Despite Recession.”

From CPA Trendlines, http://cpatrendlines.com/, January 5, 2009.