Michael Meihaus: Younger CPAs Won’t Wait for Change—And Firms Can’t Afford to Stall | Gear Up For Growth

Reform firm structures before outside forces impose changes that erode independence.

Gear Up for Growth

With Jean Caragher

For CPA Trendlines

“We don’t change unless we have to, but waiting for a crisis to force transformation is a failure of leadership,” says Michael Meihaus, owner of Meihaus CPA, appearing on Gear Up for Growth, hosted by Jean Caragher, president, Capstone Marketing. Meihaus calls for firm leaders to embrace meaningful ownership authority and rethink outdated business models that are no longer serving their people or their purpose. 

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Meihaus identifies two core failings within many accounting firms.