Accountants Biggest Worries
June 14, 2015 2:05 PM
bahrialtay - Fotolia
The CPA Firm Top Issues Survey
Every two years, the American Institute of CPAs CPA Firm Top Issues Survey reveals the professions biggest concerns, broken down by firm size. You can see the top five concerns of each size grouping in our story here ; what were presenting here are the most important issues overall based on how many of the five groups noted them, and how concerned they are about them. (Note that the lower the average rank, the more important an issue is.)
Ljupco Smokovski/Ljupco Smokovski - Fotolia
Aging of owners/partners
1 group; average rank -- 5
Groups concerned: Firms with 6-10 professionals
tashatuvango - Fotolia
Bringing in new clients
3 groups; average rank 4.6
Groups concerned: Sole practitioners, 11-20 professionals, 21+ professionals
Scott Griessel/Scott Griessel - Fotolia
The effect on firms caused by new federal and state regulation
2 groups; average rank -- 4
Groups concerned: Sole practitioners, 2-5 professionals
bahrialtay - Fotolia
Seasonality/workload compression
All groups; average rank 3.6
Groups concerned: Sole practitioners, 2-5 professionals, 6-10 professionals, 11-20 professionals, 21+ professionals
Pavel Losevsky/Pavel Losevsky - Fotolia
Succession planning
All groups, average rank 3.4
Groups concerned: Sole practitioners, 2-5 pros, 6-10 pros, 11-20 pros, 21+ pros)
Rido - Fotolia
Owner/partner accountability and unity
1 group; average rank -- 3
Groups concerned: 21+ professionals
fotovika - Fotolia
Keeping up with changes and complexity in the tax laws
2 groups, average rank 1.5
Groups concerned: Sole practitioners, 2-5 pros
photoprodra - Fotolia
Retaining qualified staff
3 groups, average rank -- 1.5
Groups concerned: 6-10 pros, 11-20 pros, 21+ pros
BartPhoto - Fotolia
Finding qualified staff
4 groups, average rank 1.5
Groups concerned: 2-5 pros, 6-10 pros, 11-20 pros, 21+ pros
