Partner compensation

Net fees at accounting firms grew at an average rate of 7.8 percent, according to the latest edition of the annual Rosenberg Survey, but the ages of partners seemed to trend downward slightly.

The problems start with retiring partners, and go on from there.

If a CPA firm has a partner performance management and compensation plan (and many don’t), rarely is it used as a means of driving strategy and running the firm.

As we reflect on the upcoming year, leaders in mid-market CPA firms need to address five practice challenges as they approach 2017.