EFAA Article

What can the Asian Profession learn from the 2016 IFAC Global SMP Survey?

The 2016 IFAC Global SMP Survey asked practitioners from small - and medium - sized practices (SMPs) across the globe about: their challenges, with a close look at the impact of technology, personnel, and staffing issues; how various environmental factors may affect them over the next five years; their 2016 revenues and projected 2017 revenues; key performance indicators, namely collection and employee utilization rations; and the consulting services they provide. It additionally reports on practitioners’ views on the impact of challenges f aced by their small - and medium - sized entity (SME) clients.