Unlocking Value: Private Equity's Impact on Accounting and Tax
Description
Is private equity killing the traditional firm model?
In this "Accounting for Innovation" episode, Jody Padar (Founder, Radical CPA) and Matt Tait (CEO, Decimal) dive deep into private equity and its profound impact on the accounting and tax sectors. Join us as we unravel how private equity firms transform traditional practices, drive innovation, and unlock new avenues of value for businesses and professionals alike. In this conversation, we cover:
- How technology and cloud computing have enabled more efficient private equity rollups
- Baby boomer retirement trends and challenges with traditional partnership models
- Private equity's focus on optimizing profitability and business models
- Opportunities for career advancement beyond partnership under private equity
- Potential benefits and drawbacks of private equity for employees and professionals
- Forces driving further private equity investment and changes to the accounting industry
- Actionable insights on client retention, pricing, and optimizing firm operations
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This episode is brought to you by Decimal and the Radical CPA.
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