Eric Abati, CEO of ATKG, and other industry experts agree that the Accounting Industry's talent shortage could be an opportunity for firms with winning culture to flourish! "The winners in the battle for talent will be firms that not only attract but also retain an engaged talent base. These successful firms will achieve this by creating a culture that fosters mutual support, offers meaningful career opportunities, promotes team cohesion, and ensures both personal and professional fulfillment. Such firms are poised to establish a distinct competitive advantage for years to come. Simply put: Culture wins." https://lnkd.in/engByV82
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Firms are increasingly adopting nonequity partnerships, a trend that offers significant benefits for both talent and firm growth. By creating more nonequity partners, firms can better retain top talent, provide clearer career progression, and attract diverse professionals who prefer technical roles over ownership. This approach not only enhances client service but also fosters a more dynamic and inclusive work environment. Discover how this strategy is reshaping the industry from INSIDE public accountings Monthly May cover story. Read more: https://lnkd.in/eyAPD5Tn #Accounting #Partnership #CareerGrowth #TalentRetention
Accounting Firms Embrace Nonequity Partnerships: A Win-Win for Talent and Growth - Inside Public Accounting
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This underscores that the future of small and medium accountancy practices lies in expanding services beyond the traditional. To attract top talent with ambition, it's essential to offer them the career growth that comes from training and technology that provide a motivational range of solutions to address clients' financial and business needs. From Marketing to Finance, Operations to Value, Systems and People productivity. Shareholders also have personal needs like Exit, Growth, Recovery, Lifestyle, Effectiveness, Diversification. Scaling up to meet these demands and attract top talent is possible for any practice and can be turned on in 12 months. Curious how? Just ask me...
Accounting Talent Crisis: Navigating the 'Perfect Storm'
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Our CEO, Aaron Dawson, CPA, has just been named one of Accounting Today’s 2024 MP Elite! This prestigious recognition celebrates his exceptional leadership and vision in the accounting realm. Today’s top accounting leaders don’t just lead—they’re tech wizards, dealmakers, and brand ambassadors all rolled into one, working to attract fresh talent to our profession. "In just 18 months, we've doubled in size with the help of Ascend," said Dawson, highlighting Opsahl Dawson's impressive growth as the third-fastest growing firm in the U.S. in 2023. The firm expanded over 70%, reaching $24 million in revenue, driven by strategic acquisitions and a bold regional growth plan aiming for $100 million in five years. With innovative hiring, remote work, and internship strategies in place, Opsahl Dawson is well-positioned for the future. "Somebody needs to be watching out for the firm," Dawson said. "That's my primary focus. I have one client, and that's Opsahl Dawson." Here’s to Aaron for not only keeping up with the pace but setting it! https://lnkd.in/egzmMRqb #MPElite #Leadership #Accounting #Innovation #OpsahlDawson #AccountingToday #Growth #GetAheadStayAhead
The 2024 MP Elite
accountingtoday.com
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The days of grueling hours for accountants are fading as new generations prioritize balance and flexibility. Wolters Kluwer’s Dean Sonderegger shares why firms need to evolve to retain talent. Learn more about how industry leaders are making changes that matter!
Why Accounting Firms are Bleeding Talent
accountingtoday.com
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The days of grueling hours for accountants are fading as new generations prioritize balance and flexibility. Wolters Kluwer’s Dean Sonderegger shares why firms need to evolve to retain talent. Learn more about how industry leaders are making changes that matter!
Why Accounting Firms are Bleeding Talent
accountingtoday.com
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The days of grueling hours for accountants are fading as new generations prioritize balance and flexibility. Wolters Kluwer’s Dean Sonderegger shares why firms need to evolve to retain talent. Learn more about how industry leaders are making changes that matter!
Why Accounting Firms are Bleeding Talent
accountingtoday.com
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The days of grueling hours for accountants are fading as new generations prioritize balance and flexibility. Wolters Kluwer’s Dean Sonderegger shares why firms need to evolve to retain talent. Learn more about how industry leaders are making changes that matter!
Why Accounting Firms are Bleeding Talent
accountingtoday.com
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I recently wrote an article exploring how the accounting profession can better attract and retain Millennial and Gen Z talent to address the growing talent gap. By embracing technology, fostering meaningful engagement, and cultivating a purpose-driven culture, firms can create workplaces where young professionals thrive. The future of accounting depends on investing in the next generation and empowering them to drive innovation and growth. Proud to see Aprio actively working to attract and cultivate top talent in the industry! #AccountingTalent #FutureFocused #WorkplaceInnovation
Bridging the Accounting Profession’s Generational Gap Requires Purpose-Driven Strategy Steeped in Innovation and Adaptability
cpapracticeadvisor.com
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The days of grueling hours for accountants are fading as new generations prioritize balance and flexibility. Wolters Kluwer’s Dean Sonderegger shares why firms need to evolve to retain talent. Learn more about how industry leaders are making changes that matter!
Why Accounting Firms are Bleeding Talent
accountingtoday.com
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💡 Ensure your "partnership" is truly a partnership... 💡 PE is taking the accounting industry by storm. While strategic and financial aspects of a deal are critical, we know culture eats strategy for breakfast. 🥞 In his Forbes article, Tim Brackney outlines must-ask questions like: 1️⃣ How will you prioritize maintaining and integrating our firm’s culture with other acquired businesses? 2️⃣ What impact will our current employees see on their roles? 3️⃣ What employee retention and incentive programs will be put in place? 💚 At Springline Advisory, we believe firms can achieve sustainable growth while staying true to their people and culture. We call it "Scale with Soul." 💚 Dive into the full article here: https://lnkd.in/gHhAJk-j #Culture #ScalewithSoul #PeopleFirst #Accounting
Council Post: The Consolidation Of Accounting Via Private Equity: What Your Firm Should Consider
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