

Tim Brackney: Don't Blame Private Equity. Blame the Accountants | Accounting Influencers
10 snips Oct 19, 2024
Tim Brackney, CEO of a private equity-backed CPA firm and former PwC professional, dives into the misconceptions surrounding private equity's role in accounting. He argues that the sector’s challenges stem from its own outdated practices rather than external pressures. Brackney highlights the ongoing talent shortage and suggests that private equity could rejuvenate the industry. He also discusses the evolving partnership models within firms, the allure of predictable fees, and the need for flexibility among younger professionals.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 2min
The Impact of Talent Shortage and Private Equity on Accounting
01:50 • 2min
Diverse Dynamics of Private Equity and Public Accounting
03:36 • 2min
The Evolution of Accounting Firms
05:35 • 6min
Evolving Partnership Models in Accounting Firms
11:53 • 2min
Private Equity vs. Traditional M&A in Accounting
13:50 • 18min