Billing Rates Survey

Source: Accounting Office Management & Administration Report

In its CPA Firm Strategic Outlook Survey, AOMAR asked CPA firms how much they raised billing rates last year and how much they intend to raise them this year. More than half the firms raised rates one to five percent, and 38 percent raised them more than five percent. They expect to repeat the pattern this year. Larger firms are setting higher rates than smaller firms. Fourteen percent of firms used value billing last year and 16 percent are expecting to use value billing this year.

The following table depicts the results of the survey.

From Accounting Office Management & Administration Report, April 2007, p. 1. For subscription information contact Institute of Management & Administration, Inc., 3 Park Avenue, 30th Floor, New York, NY 10016-5902. One-year subscription $399. 212-244-0360, [email protected]. For the complete article, click here.