Time And Billing Survey Reveals CPA Concerns

A recent survey of over 2,200 CPA firms ranked the popularity of over 84 different time and billing systems, identified features that are critical, and revealed certain frustrations that CPAs have about the systems that they use. The survey was commissioned by the Management of an Accounting Practice Committee of PCPS, and was developed in conjunction with cpa2biz, and the AICPA.

"The survey gave us insight into the program needs of CPA firms and alerted us to functions that are of greatest importance," noted Gary Adamson, chair of the MAP task force that commissioned the survey. "We hope this information will raise awareness among software designers and producers regarding the specific needs of CPA firms."

Among the survey findings:

  • In total, 84 different time and billing packages are being used.

  • Timeslips is the predominant package in use by smaller firms.

  • CPA Software is the predominant system in use by the larger firms.

  • 61% of respondents were not interested in an Internet based time and billing system.

  • Overall satisfaction with the various packages left a lot to be desired. On a scale of 1 – 5, the top rated package in terms of overall satisfaction was CPA software with a score of 3.87. Unilink and CCH were the only other two systems of those identified to have rated a 3.5 or higher.

  • System stability, standard reports, direct time entry were the three most important functions that CPAs demand in their time and billing systems.

Additional information about the survey is available from PCPS. To learn more about the survey or to offer feedback on the results, please e-mail pcps@aicpa.org.

You may like these other stories...

The issue of international assignees was, for a long time, limited to a small number of companies – meaning only those that operated on an international scale. But in recent years, global expansion has shifted into...
Steve Jobs. Sergey Brin. Mark Zuckerberg. Each of these individuals, and their companies, are celebrated as changing the face of the technology. They all followed a similar path to success: excelling at one thing and...
Read more articles by Sally Glick here.While reading a recent article titled, "Bondage to Busyness," by Alan Morinis, I was struck by his reminder regarding how stressed and pressured we all are today. Our...

Already a member? log in here.

Upcoming CPE Webinars

Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 21
Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.