Are advisory-focused firms more successful than compliance-focused firms? This has been a hotly debated topic for years, with conventional wisdom suggesting that advisory services lead to higher profitability for accounting firms. But is there solid evidence to support this belief?
The Center for Accounting Transformation, CPA Trendlines, and Avalara have teamed up to conduct the Accounting Advisory 360º Survey, aiming to quantify the real impact of advisory services on both clients and firms. The initial results may surprise you.
In this insightful webinar we discuss the key findings from the survey and explore these pressing questions:
- Is specializing in advisory services the only reliable path to firm growth and profit?
- How does hyper-specialization in niche markets, such as healthcare, construction, or real estate, affect firm success?
- Can offering general accounting services still deliver sustainable growth and profitability?
Industry experts walk you through the data and provide actionable insights for firms looking to optimize their service offerings for maximum impact.
Gain a deeper understanding of the advisory vs. compliance debate and how it might shape the future of your firm.
