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In Practice
Practice Benchmarking Survey
By Des O'Neill - OmniPro
Sep 1, 2009 - 1:53:47 PM

Complete the OmniPro Practice Benchmark Survey 2009

How does your practice perform and operate in comparison to your peers throughout Ireland? Are your salaries sufficient to attract and retain the right team? Are your fees competitive enough to maintain your existing clients and attract new ones? Are you hitting the industry standards in terms of fee targets, recovery rates and profitability?

Accountants in practice are skilled business advisors who assist their clients get the most out of their business. The advantage that accountants have as business advisors is that they get to see what is going on in a broader perspective within their client base. Sometimes as accountants in practice, even if we have partners and a good network of contacts, it can be difficult to get a real feel for where you are in relation to your competitors and peers.

We want to help you find out the answers to your questions and establish where your practice really stands in our first Annual All Ireland All Institute Practice Benchmarking Survey. Our first Annual Practice Benchmarking Survey looks at the fundamentals of running a practice in these turbulent times. We want a small investment of time from principals and partners to give us some information about your practice so that we can develop national statistics and a benchmark which you can run your practice against for the next 12 months. We really want to hear from practices of all sizes in all locations so that we can build a comprehensive profile of the Irish Accountancy Practice Landscape which will be of benefit to all.

Our Areas of Focus in the survey include:

  • Practice Background
  • The Team
  • The Clients and Fees
  • Practice Performance
  • Systems and Operation
  • The Real Economic Insight into Ireland

Everybody who completes the survey will get a free copy of the final report (RRP €397) and will also be entered in a draw for the following prizes.

  1. Practice Consultation Voucher to the value of €1,000 (Sponsored by OmniPro)
  2. Hotel Voucher to the value of €500 (Sponsored by CCH)
  3. iPod Nano (Sponsored by OmniPro)

The report will be unveiled and prize winners announced at our annual Practice Development Conference on 24th of September in Liffey Valley – ‘Keeping Your Practice on Track in a Recession’

The information obtained as part of this survey will be treated in strict confidence and used solely for the purposes of compiling a benchmarking report. The information or details of the accountancy practices who submit responses will not be shared with 3rd parties under any circumstances.

To complete the survey follow this link:

Practice Benchmark Survey 2009

To assist you in completing the online survey the text of the survey can be viewed here. Download Survey Contents For your answers to be included in our statistics you will have to complete the online verison however, linked above. 

If you have any questions or require any assistance in any regard please contact Des or Micheal on 01 4100000.




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