Accounting Voices Podcast PE Disruption in Accounting: What Leaders Need to Know
In this episode,, Rob Brown and Gary Shamis delve into the impact of private equity on the accounting industry, exploring its rise, implications for mergers and acquisitions, and the challenges faced by smaller firms. They discuss the role of leadership in navigating disruption and highlight the opportunities available in the current accounting landscape, particularly for middle-market firms.
Key Takeaways
- Private equity is reshaping the accounting industry globally.
- M&A and private equity offer different challenges and opportunities.
- Leadership and strategy are critical in navigating PE disruption.
- Middle-market firms present untapped opportunities for CPA practices.
- Firms must understand PE motivations: profitability and exit strategies.
- Small firms can leverage their unique value to compete effectively.
- Succession planning and partner alignment remain vital.
Killer Quotes
- "Private equity is a force that can’t be ignored."
- "Middle-market opportunities are better than ever."
- "Leadership is the backbone of firm resilience."
- "Succession planning ensures your firm’s future."
- "M&A strategies differ greatly from PE approaches."
- "Small firms can thrive with the right strategy."
- "Private equity's goal is simple: maximize profits."
You can check out the video version of this with visuals and graphics here on YouTube:
https://youtu.be/yc_a-jhG04s
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: