Is your accounting firm appropriately set up to create an effective advisory services strategy? According to a recent Advisory Services Pulse Survey conducted by Accounting Today and Thomson Reuters, a quarter of firms say advisory-focused relationships are the centerpiece of their strategy and close to the same say advisory- and compliance-focused relationships are equally important. While the data suggests that accounting professionals are eager to become more consultative, fully focusing on these services can be harder than it looks.
This white paper explores the support accounting professionals need to keep up with advisory services' offerings at their firm and the benefits they receive when a well-defined, comprehensive strategy is in place.
Download now to learn:
- The areas in which advisory-focused work outperforms compliance work
- What's keeping firms from expanding their advisory practice
- How firms can avoid giving away their most valuable advisory knowledge for free