2010 National Management of an Accounting Practice Survey

The PCPS/TSCPA National MAP Survey—one of the largest CPA firm practice management benchmarking projects in existence—is open. To access the 2010 PCPS/TSCPA National MAP Survey’s comparison data, you will need to participate. In addition to the free summary report, PCPS member participants will receive an interactive report with data tailored to firm size and region.

Some helpful tips before taking the survey include:

• The following reports are needed to complete the survey: accrual basis balance sheet, profit & loss statement ending Dec. 31, 2009 (two-year comparative); payroll reports by employee (gross wages, hours worked); A/R aging report; partner draw/salary information; from billing system (hours & fees)—billing by service code; employee analysis by service code; and employee analysis of billable/non-billable hours and fees.
• Keep copies of all your supporting documents to refer to for future surveys.
• Set up memorized reports now, so they are available for future surveys.

If your firm is not yet a PCPS member, you can join for $35 per CPA (maximum $700). Nonmembers can purchase results reports for $300 (survey participants receive a $100 discount; AICPA members receive an additional $100 discount.)

The survey closes Friday, Aug. 13.

For more information, go online.

This entry was posted on Monday, July 26th, 2010 at 11:32 am and is filed under CalCPA Feature, CalCPA News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.