Key findings from the report include:
- 65% of accounting firms now consider themselves to be progressive or hybrid firms, offering substantial advisory services
- 56% provide management reporting, mentoring, forecasting or similar but feel they could ‘do much more’
- 42% of firms are looking to grow future revenues from advisory services to be 51% of their fees
- Virtual CFO and advisory work, followed by strategic planning and coaching, are the top areas of focus for fee growth
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