CPA Firm Success Metrics: Understanding Practice Economics
Services, technology, where we work...these aspects of our business have changed dramatically in the last 5-10 years. Why is it that we still use the same KPIs to measure success? Drop old-school metrics and determine the right leading indicators that fit your unique practice area. With the right measures in place, you’ll be on your way to creating a high-performance, future-ready practice. In this session, we will cover the following learning objectives where you will:
- Define traditional measures so you can speak the language of other firm leaders while demonstrating new approaches
- Identify results-based measures to inspire your team members, driving the right kind of activities that will sustain and grow the practice
- Recognize ways that you can influence practice profitability as well as the success of the firm in the way you manage your people and engagements
Leave this session with a clearer picture of how you can affect the financial mechanics that drive practice profitability and success!