Client advisory services (CAS) practices reported a median growth rate of 16% last year, according to a new survey by CPA.com and the AICPA.
Survey respondents projected 15% continued growth in the current year, with 72% of all respondents and 81% of top-performing firms expressing confidence that their pipeline shows opportunity for continued growth.
CAS is the fastest-growing service area in public accounting and is projected to continue its upward trajectory, according to the CPA.com & AICPA PCPS Client Advisory Services Benchmark Survey.
The report, which polled a cross section of U.S. firms with CAS offerings and collected data from calendar year 2021, reflected a continued double-digit growth trend since the survey began collecting data in 2018. See more findings.