2020 Practice Excellence Report
Source: karbonhq.com
FIXYR’S VIEW: An analysis of the strengths, weaknesses and performance of 700+ accounting firms across the globe.
A few things to consider when reading this report. 1) The source – Karbon has an interest in promoting cloud-based work management tools.
2) The study is based on self reporting from participating firms and is not a representative randomized sample across industry.
3) The conclusions drawn are based upon correlation, not causation.
That said, we do appreciate the effort they went to in putting this together. The key takeaway of understanding that there are bumps in different stages of firm growth, and that these require different approaches/focus is insightful and consistent with business studies across other industries.