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Accounting Firms - Is Staying Independent an Option?
Manage episode 463492061 series 2303816
In this episode, Rob Brown invites Gary Shamis to discuss the challenges and strategies for accounting firms to maintain independence in a landscape dominated by mergers, acquisitions and private equity. Learn the importance of partner alignment, succession planning, leadership and a recalibrated partner buyout process as essential elements for firms to thrive independently. Plus winning strategies such as building advisory practices, fostering a strong culture and executing effective change management to navigate the evolving accounting industry.
Takeaways
- Why it's impossible for an accounting firm to stay independent.
- Partner alignment is crucial for maintaining independence.
- Opportunistic greed can tempt firms to sell out.
- Firms need a succession plan to ensure continuity.
- Leadership development is essential for future success.
- Culture must be intentionally cultivated in firms.
- Firms should focus on creating value in client relationships.
- Growth is necessary to attract top talent.
- Change management is vital in a rapidly evolving industry.
- Firms need to think independently about their future.
You can check out the video version of this with visuals and graphics here on YouTube:
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The Accounting Influencers Podcast, hosted by Rob Brown, is one of the world's leading shows for accounting leaders, professionals, finance specialists, software vendors, tech providers and influencers.
Thanks to our sponsors:
ADVANCETRACK OUTSOURCING. Transform your accounting firm with AdvanceTrack. Our top-tier offshoring solutions free your team from mundane tasks, allowing you to focus on growth and client engagement. Experience seamless scalability and expert support. Visit advancetrack.com and elevate your practice today. https://www.advancetrack.com
If you'd like to sponsor the show and elevate your brand with our audience, reach out to show host Rob Brown on LinkedIn and his team will reach out to fix up a chat to explore.
https://www.linkedin.com/in/therobbrown
You can also check out all shows on the Accounting Influencers YouTube Channel:
313 에피소드
Manage episode 463492061 series 2303816
In this episode, Rob Brown invites Gary Shamis to discuss the challenges and strategies for accounting firms to maintain independence in a landscape dominated by mergers, acquisitions and private equity. Learn the importance of partner alignment, succession planning, leadership and a recalibrated partner buyout process as essential elements for firms to thrive independently. Plus winning strategies such as building advisory practices, fostering a strong culture and executing effective change management to navigate the evolving accounting industry.
Takeaways
- Why it's impossible for an accounting firm to stay independent.
- Partner alignment is crucial for maintaining independence.
- Opportunistic greed can tempt firms to sell out.
- Firms need a succession plan to ensure continuity.
- Leadership development is essential for future success.
- Culture must be intentionally cultivated in firms.
- Firms should focus on creating value in client relationships.
- Growth is necessary to attract top talent.
- Change management is vital in a rapidly evolving industry.
- Firms need to think independently about their future.
You can check out the video version of this with visuals and graphics here on YouTube:
◣━━━━━━━━━━━━━━━━━━━━◢
The Accounting Influencers Podcast, hosted by Rob Brown, is one of the world's leading shows for accounting leaders, professionals, finance specialists, software vendors, tech providers and influencers.
Thanks to our sponsors:
ADVANCETRACK OUTSOURCING. Transform your accounting firm with AdvanceTrack. Our top-tier offshoring solutions free your team from mundane tasks, allowing you to focus on growth and client engagement. Experience seamless scalability and expert support. Visit advancetrack.com and elevate your practice today. https://www.advancetrack.com
If you'd like to sponsor the show and elevate your brand with our audience, reach out to show host Rob Brown on LinkedIn and his team will reach out to fix up a chat to explore.
https://www.linkedin.com/in/therobbrown
You can also check out all shows on the Accounting Influencers YouTube Channel:
313 에피소드
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