State of the Profession

Analyzing the Results of the 2021 Practice Management Survey

In BriefThe seventh annual 2021 NYSSCPA–Rosenberg Survey identifies trends from the national 23rd Annual Practice Management Survey and provides profitability and growth data of participating New York CPA firms. This survey reflects how our profession has met the challenges during the coronavirus (COVID-19) pandemic, which have come at a velocity unlike anything else in professionals’ memory. The survey data reflects trends and performance from 2020 during the COVID-19 pandemic. A second part of the survey presents current analysis and conclusions from leading experts and practice management consultants on how accounting firms are adapting to the challenge of COVID-19. As Charles Hylan, managing partner of Rosenberg & Associates and author of the survey remarked: “In my 31 years in the profession, I have never seen a time where we've had to adapt, think new and different, and lead through change so quickly.” This year's Rosenberg Survey provides valuable analysis, guidance, expert insight, and practical recommendations for CPAs on how to adapt and thrive during this crisis, as well as how to plan for what comes next.