How to Cope with Pressure to Lower Fees

Practice Management Tips for SMPs

Giancarlo Attolini, Chair, and Paul Thompson, Deputy Director, IFAC SME and SMP Affairs
Sep 28, 2012 | Article for Member Bodies | English

This article offers tips for small- and medium-sized practices (SMPs) in reacting to pressure to lower fees. While this pressure is nothing new, it has been exacerbated in many jurisdictions by the economic climate. The article was released as part of the committee’s practice management series to help IFAC members support their SMP constituents.

The article was released to IFAC member organizations to publish in their journals. For example, see below from CPA Singapore.