Description

The traditional pyramid structure of accounting firms is being redefined. As technology, demographics, and competition reshape the landscape, firms must adapt or be left behind. The COVID-19 pandemic has fast-tracked the need for change, driving the adoption of innovative talent models and non-CPA roles that bring fresh expertise to the table. Dan Hood, Editor in Chief at Accounting Today, provides expert insights on the evolving landscape of accounting firms, highlighting the need for firms to rethink their traditional pyramid structures, align leadership, and embrace agility to stay competitive.

Target Audience

CPAs and other financial professionals seeking education on the topic.

Course Objectives

• Identify the historical context of pyramid-shaped accounting firm structures and factors leading to the need for change in traditional models

• Recognize how advances in technology, pipeline issues, and retirement planning are impacting accounting firm structure

• Distinguish among pyramid and management structures in the accounting industry

Subjects

• Identify the trend in PE acquisition of accounting firms and the move towards the separation of attest and non-attest services