accountants benchmark report

Proactive Accountants Network is the leading consulting and coaching business to the Accounting profession. The Network provides a multitude of solutions to Accounting firms large and small including events and seminars, team training workshops, training resources and materials, and a world-class coaching program.

Cumulative figures for firms that participated in the benchmarking report in 11/12 yielded the following results.

• Revenue increased by 15% to an average of $2.2M
• Profit per partner increased to an average of $322,694
• Profit margins averaged at 38% profit before partner salaries
• Productivity of fee earners (excl. partners) increased slightly to an average of 72%
• Average hourly rate increased slightly to an average of $159 per hour
• Write offs remained constant at an average -1%
• Lock up (WIP & Debtor days combined) remained constant at an average of 91 days

Proactive Accountants Network has conducted benchmarking reports monthly and annually for coachingclub over the last 6 years. Now, through the development of the online benchmarking system, any accounting firm that has registered can compare their business processes and performance metrics to the industry best practices which have been developed.

Proactive Accountants Network currently has over 250 accounting firms as long-term clients and our goal as Consultants, Mentors and Coaches is to provide them with the best tools, resources and advice in all area of business.

To find out more simply contact Proactive Accountants Network.