Accounting Influencers

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 TakeawaysPrivate 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 resil