1 in 5 Firms Expects Double Digit Growth in 2015
 

1 in 5 Firms Expects Double Digit Growth in 2015

In a recent poll, just over one in every five CPA firms (22%) indicated that they expect revenue growth of more than 10 percent in the new year.

Firms with revenues under $200,000 are even more optimistic, with 24.1% expecting double-digit growth, while 25.4 percent firms with revenues between $200,000 and $1 million have the same high expectations. Just over 20% of firms with over a million in revenue are aiming that high.

Overall, 41 percent of firms expect 2015 growth over 6%, and a further 20 percent expect growth between 4 and 5 percent. Flat revenues are predicted at 9% of CPA firms survey, and a decline at 3.7%.

The “2015 Year Ahead” survey, conducted by Accounting Today in October, polled over 200 CPA firms in late October on their plans and expectations for 2015.

For more results, see our “2015 in Numbers” slideshow. (Accounting Today)