Economy's Impact on Collections

Source: Accounting Office Management & Administration Report

AOMAR conducted its Firm Practice Management Survey 2010 and, among other things, concluded that "While the economy's impact on write-downs, collections, and accounts receivable was clear this year, many CPA firms expect to see revenue growth in the year ahead."

The following table summarizes the results for fees, write-ups and write-downs:

For the complete article and all supporting tables, click here.

From Accounting Office Management & Administration Report, Institute of Management and Administration, Inc., Newark, NJ, [email protected], January 2010, p. 1, "Exclusive Survey Results: Revenue Review: What's Happening With Fees & Collections--and 2010 Projections."