Advisory 360: Are Advisory-focused Firms More Successful than Compliance-focused Firms?

Advisory 360: Are Advisory-focused Firms More Successful than Compliance-focused Firms?

$50.00

The Advisory 360 Research Study conducted by the Center for Accounting Transformation and CPA Trendlines and sponsored by Avalara, helps to identify, through a holistic view, the factors that make a firm successful, whether advisory focused or compliance focused as well as exploring the impact of specialization on a firm’s success.

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Description

Everyone says accounting firms need to focus on advisory work. But does this really make firms more successful? The Center for Accounting Transformation’s Advisory Services Research was conducted to prove – or disprove – this hypothesis while also learning more about those firms that are ahead or behind the curve in providing advisory services. The fundamental question is whether advisory-focused firms are more successful than compliance-focused firms.  In This Report You Will Learn About:

  • What Makes Accounting Firms Successful?
    • Success of Accounting Firms
    • Success of Compliance-Focused versus Advisory-Focused Firms
    • Relationship of Specialization to Advisory Work
  • Are Advisory-Focused Firms Better Places to Work?
  • Who Do Clients Go to the Most for Advice?
  • Implications for Accounting Firms
  • The Path Forward

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