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December 2020 » The State of the Profession
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In BriefThe sixth annual 2020 NYSSCPA–Rosenberg Survey identifies trends from the national 22nd Annual Practice Management Survey and provides profitability and growth data of participating New York CPA firms. This year was unlike any that our profession has faced in the 22 years of the survey. The survey data reflects trends and performance from 2019, before the coronavirus (COVID-19) pandemic struck. A second part of the survey presents analysis and conclusions from leading experts and practice management consultants on how accounting firms have adapted to the challenge of COVID-19. As Charles Hylan, managing partner of Rosenberg & Associates and author of the survey remarked: “The landscape for accounting firms changed quickly when the pandemic hit. It was as if a switch was flipped. Managing partners were forced to deal with massive changes in workflow and practice.” This year's Rosenberg Survey provides valuable analysis, guidance, expert insight, and practical recommendations for CPAs on how to adapt and succeed during this crisis and what comes after.
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