CPA firms are prioritizing the need to attract new business and recruit top-notch staff as economic conditions improve, according to a new survey by the American Institute of CPAs.
The AICPA’s 2013 CPA Firm Top Issues Survey found key differences between groups of different firm sizes. The top concern of small firms with five or fewer professionals was “keeping up with changes and complexity of tax laws,” whcih remains prevalent, especially in the wake of a particularly busy tax season this year. Sole practitioners and firms with two to five professionals were the only groups to include “seasonality/workload compression” on their Top 5 lists. The largest firms, on the other hand, prioritized “owner/partner accountability and unity,” which appears on only one other group’s Top 5 list.
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