New York (Sept. 30, 2002) - A record number of CPA firms have participated in the 2002 National Management of Accounting Practice survey in its first three weeks, the American Institute of CPAs reported.
As of Sept. 26, more than 1,500 U.S. accounting firms registered to take the online survey. This marks the first year the PCPS, the AICPA alliance for CPA firms, and the Texas Society of CPAs have partnered to offer the survey.
Firms have until Oct. 15 to respond to the survey, located online at http://map.pcps.org. The survey covers practice management issues and results, allow firms to benchmark their management policies and financial results to other firms as well as gain strategic guidance to build more profitable and successful practices. The survey results will be available by mid-November.
"Increased participation in the survey will help the AICPA and PCPS to better represent the needs of our members," noted Anthony Pugliese, Vice President-Membership Innovation, of the AICPA. Pugliese attributed the success of this year's survey to the participation of 38 of the country's state CPA societies.
A new feature has been added this year that allows users to begin the survey and stop at any point. Firms who participate can get a customized report that ranks their specific firm based on location, size, compensation, level of profitability and other factors. The report is free to PCPS-member firms, and will be offered at a discount for firms based in any of the 38 participating states.
--Electronic Accountant Newswire staff
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