Accounting Firms Continue to Evolve Services to Meet Demands Amid Pandemic

  The pandemic has forced nearly every industry to evolve and rethink the services they offer to meet the turbulent and changing needs of clients. For accounting firms, this has been highly evidenced in the Paycheck Protection Program (PPP) which accounted for the majority of new services offered by accounting firms in 2020, with client…

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Growth Outlook Improving for Accounting Firms Following Pandemic

  Respondents of the Inovautus and Association for Accounting Marketing Growth Outlook for CPA Firms in 2021 survey were asked to provide their outlook on net revenue and growth for 2021 following nearly 9 months of the COVID-19 pandemic.   One of the most prominent questions in 2020 and going into 2021, is the impact…

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Accounting Firms Show Commitment to Marketing Amid Crisis

    Accounting firms are reporting an overall commitment to marketing through the COVID-19 crisis, according to our May 2020 Growth Outlook Amid COVID-19 survey. The results were a contrast to recent recessions like the financial crisis in 2008. Differing from the mindset of tightening budgets of the 2008 recession, accounting firms today are more…

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CPA Firms Focused on Advisory More Likely to Come out of COVID-19 Ahead

  Before COVID-19, CPA firms were trending away from reliance on compliance services toward growing advisory services. As firms addressed the inherent value of CPAs in terms of business strategy and growth and looked to fill the growth revenue stream when compliance just wasn’t enough, advisory services became the mission and strategy of firms nationwide.…

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How to Identify the Value You Provide to Clients

Have you ever thought about why your clients chose your firm or what keeps them from leaving for a competitor? In working with public accounting firms, we hear various responses to these questions. Some can easily identify the value they provide to their clients, but most struggle to articulate it. Effectively communicating your differentiators to…

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