Vol. 5 No. 12, December 2013
The Leadership Forum is a panel of the most prominent thought leaders in the profession. Each month we ask them to respond to a question dealing with CPA firm management and leadership.
This month's questions are:
What is your current observation of the growth of CPA firms?
What do you expect of the growth of CPA firms over the next three years?
Consultants and Other Prominent Observers
| August Aquila | Aquila Global Advisor Group, LLC | www.aquilaadvisors.com [email protected] |
CPA firms have normally followed inflationary trends in their growth plus some. As more firms expand into consulting services there is a greater opportunity for those firms to experience more growth than the pure compliance firms... More |
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| William Carlino | Transition Advisors | www.transitionadvisors.com [email protected] |
| ... it's still not at the levels we saw during 2004-2007. I expect it to continue spiking over the next several years, but am doubtful it will ever reach those growth percentages of several years in the near future... More | ||
| Terrence Putney | Transition Advisors, LLC | www.transitionadvisors.com [email protected] |
| All of the national statistics indicate there has been strong growth for CPA firms in the last 18 months. We know that a lot of this growth has been due to a significant increase in the number of mergers and acquisitions... More | ||
| Marc Rosenberg | The Rosenberg Associates | www.rosenbergassoc.com [email protected] |
| ...CPAs are conservative by nature. No one I know is anticipating anytime soon a return to double digit growth. But what do they know? What does ANYONE know? That's what makes the world a fun place in which to live... More | ||
| Joe Tarasco | Accountants Advisory Group | www.accountantsadvisory.com [email protected] |
The slow growth in the accounting industry is due to a sluggish and price sensitive marketplace and a lack of change in the types of services offered by public accounting firms... More |
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| Jennifer Wilson | ConvergenceCoaching LLC | www.convergencecoaching.com [email protected] |
| ...Provided we have steady economic recovery, I expect CPA firm growth to continue in the 5-10% range over the next three years... More | ||