CPA firms saw big gains in both income and fees last year, thanks to the demand for Sarbanes-Oxley compliance services, according to a newly released survey.
Firms with annual net fees over $2 million saw those fees grow 11.4 percent in 2006, up from 9.7 percent in 2005, according to the annual Rosenberg MAP Survey from Rosenberg Associates. These same firms' partners also did well, with average income per partner of $350,000, up from $311,000 in 2005.
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