CPA Trendlines Podcasts

The Profession’s Future Amid Talent Gaps, Tech Disruption, and Evolving Business Models | Accounting Influencers

55 snips
May 10, 2025
Join accounting trailblazers Randy Johnston, a veteran tech strategist, Trevor Greenway, CEO of Interval who reveals real-time advisory opportunities, Harry Blum from RSM Canada discussing change management challenges, and Jennifer O’Carroll of HansaWorld sharing tech insights. They tackle talent shortages and the urgency for firms to shift from compliance to advisory roles. With the impact of AI and private equity in spotlight, they emphasize the need for a mindset change to thrive in a competitive landscape.
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INSIGHT

Labor Shortage Limits Transformation

  • The accounting profession is knowledgeable about changes but crippled by labor shortages.
  • Mindset shifts and willingness to invest resources are key challenges for firms to transform and stay relevant.
ADVICE

Upskill Beyond Compliance

  • Accountants need soft skills like communication, consulting, and proactive advisory.
  • Embrace teamwork and advisory over reactive compliance for future relevance.
ADVICE

Master Tech and Presentation

  • Accountants must develop technology savviness and presentation skills.
  • Being able to persuade and present insights effectively is critical for modern accountants.
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