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Accountancy Slice
North America
According to AICPA's 2025 National Management of an Accounting Practice Survey, accounting firms are experiencing significant revenue growth, with a median increase of 6.7% in total net client fees for fiscal year 2024. This follows a 9.1% growth rate reported in the previous year. Lisa Simpson, vice president of firm services at the AICPA, said: "CPA firms have been focusing on strategic growth opportunities by refining their client base and deepening relationships with existing clients." The survey also highlights a rise in compensation for new graduates, with median salaries increasing nearly 11% for bachelor's degree holders and 17% for master's degree holders. Additionally, firms are exploring artificial intelligence and automation to enhance their services, with many expressing confidence in adapting to these technologies over the next three years.
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