The AICPA’s Financial Planning Section and Moss Adams LLP recently released their first joint study of CPA financial planning and advisory practices — AICPA/Moss Adams LLP CPA Financial Planning Practice Study. This study addresses performance and other operational characteristics in the CPA/advisory industry and identifies industry trends and practices of the most successful firms.

CPAs who want to enhance their personal financial planning practices or explore the feasibility of starting one will find the study’s information and benchmarking data useful. The study evaluates the following topics:

• The economics of CPA financial planning and investment advisory practices.
• Best practices in financial and business management.
• Challenges facing the profession and how they are being addressed.
• Results of the most successful firms.

To order a copy of the study or download a copy of the Executive Summary, visit http://pfp.aicpa.org/2007-2008+Moss+Adams+Survey+Report.htm. For more information on how to join the PFP section, e-mail PFPinfo@aicpa.org or visit www.aicpa.org/PFP.