The PCPS and Succession Institute’s Succession Planning Survey seeks to help firms of all sizes achieve their transition goals by understanding trends in succession management. The results provide a comprehensive review of today’s succession landscape. Practitioners can use the survey results to assess their firm’s policies against peers to identify potential changes to strengthen the firm’s future.
The survey responses are broken down by firm size into two categories: Solo Practitioners and Sole Proprietors; and Multi-Owner Firms. The Succession Planning Survey, conducted every four years, helps identify areas where new tools and resources may be needed to help practitioners address current challenges.
2020 Succession Planning Survey
CPA Firm Succession Planning Survey Solo/Sole full report
This report provides the results for CPA firms with only one owner, including solo practitioners, individual owners with no staff, and sole proprietors, single owners that employee staff.CPA Firm Succession Planning Survey Multi-Owner full report
This report provides the results for CPA firms with two or more owners.Snapshot from the PCPS Succession Planning Survey | Sole/ Solo firms
Here are the 2020 Succession Planning Survey key takeaways for sole practitioners and sole proprietors.Snapshot from the PCPS Succession Planning Survey for multi-owner firms
Here are the 2020 Succession Planning Survey key takeaways for multi-owner firms.
Other resources
The Succession Landscape: 2020 Succession Planning Survey Results
This webcast will cover a summary of key findings from the survey, including current succession planning challenges and practices in the CPA profession.Succession Implementation Ideas
This webcast takes a deeper dive into the highlights found in the 2020 survey and focuses directly on the most important steps firms must implement to ensure profitability, transition of ownership and long-term sustainability.Succession issues surge at accounting firms
Many CPA firms are currently experiencing succession challenges.Unlock 4 hidden benefits of succession planning
Learn about the benefits to succession planning, regardless of your firm’s size.Ride out the gray tsunami in your firm with a solid succession plan
Read about the proactive steps you can take now to make a big impact on your firm's future.Protect your small firm with a Practice Continuation Agreement
Listen as one small firm practitioner discusses his experiences preparing and execution his firm's Practice Continuation Agreement.Get up to speed on small firm succession trends
Learn select findings from the 2020 Succession Planning Survey and the impact on small firms.Work on your firm now, retire well later
Hear from a panel of experts as they discuss what to do now to impact your succession plans later.