60% of Firms Will Raise Fees Next Year
Just under two thirds, or 60 percent, of accounting firms plan to raise some or all of their fees next year, according to a recent survey.
A further 34 percent of the 280 Accounting Today readers from firms across the country surveyed this month reported planning to raise some or all of their fees within two years.
A similar percentage (59 percent) reported having already raised some or all of their fees this year, and 30 percent had raised them within the last two years.
Only 30 percent said that they automatically raise fees on an annual basis. Roughly 58 percent said that fee hikes were not automatic. Source: Accounting Today.