

Beyond Partnerships: Revolutionizing CPA Firms for the Modern Era
Oct 18, 2024
Ryan Spohn, CFO of Sikich, shares his expertise on modernizing CPA firms. He discusses moving away from traditional partnerships, highlighting innovative structures that boost talent retention. Spohn reveals insights on transitioning from billable hours to holistic evaluations and the impact of a $250M investment from Bain Capital. He emphasizes the importance of employee wellness, modern technology integration, and service diversification, showcasing how these changes are reshaping the competitive landscape of the accounting industry.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Intro
00:00 • 2min
Innovative Financing Solutions for CPA Firms
01:43 • 3min
Navigating Private Equity: A Focus on Long-Term Growth and Stability
04:22 • 2min
Transforming CPA Firms: Innovation and Accountability
06:25 • 19min
Streamlining CPA Workflows and Diverse Career Paths
25:43 • 2min
Innovating CPA Firm Structures
27:42 • 20min
The Future of Accounting: Embracing AI and Navigating Compliance Challenges
47:57 • 4min
The Incremental Evolution of Accounting Through Technology
51:30 • 4min