CPA Firms to Expand Despite Recession

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.

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