How to Disrupt Accounting Firms – Moneyball Metrics

Discover how Bob Lewis shapes CPA firm futures with M&A, advisory services and growth tactics. Essential listening for accountants and CPAsIn this episode, host Rob Brown interviews Bob Lewis, CEO of The Vision Group, about major disruptions happening in the accounting industry.They discuss the key inflection points causing disruption such as aging partners, workforce shortages, emerging technologies, and private equity investments. Bob explains the importance of recognizing these disruptions and taking proactive steps to get "disruption ready".He shares insights on managing people, improving firm profitability, preparing for leadership transitions, and rethinking service offerings to meet evolving client needs.Key Takeaways:Aging partners, workforce shortages, and emerging technologies are disrupting accounting firms, requiring changes in strategy.Firms must invest in technology, people, and new service offerings to stay competitive. Lack of investment reduces profitability.Metrics like revenue per professional and realization rates indicate a firm's pricing, profitability, client mix and other performance factors.Future-focused firms are expanding into advisory services beyond compliance work to add value.Staff want vision, training, and empowerment - not just remote work options - to stay engaged.Private equity investments are changing ownership models and bringing new leadership approaches to firms.Quotable Quotes:"The disruption is occurring all around them and they can't control it.""CPA firms, accounting firms, they're becoming consultant agencies."

Om Podcasten

The Accounting Influencers Podcast, hosted by Rob Brown, is a must-listen for accounting professionals looking to strengthen their leadership presence, stay informed on disruptive forces in accounting and build credibility within their firms. Geared toward firm leaders, managers, partners and influencers, the show covers key topics like career development, influence, personal branding and interpreting the evolving trends impacting the accounting world. Rob brings his expertise to each episode, offering insights and guidance on how to grow your personal brand and stay strategically important in a rapidly changing profession. Whether you're aiming to influence within your firm or expand your reputation outside of it, this international podcast offers practical advice and forward-thinking insights that will keep you informed and prepared for the future. Accounting leadership Executive presence for accountants Building influence in accounting Accounting industry trends Personal branding for accountants Accounting firm strategy Accounting business models Leadership in accounting firms Talent management in accounting Authority in accounting profession Career development for accountants Accounting firm growth strategies Influencers in accounting Accounting firm management Disruptive forces in accounting Accounting leadership strategies Accounting career success Accounting firm decision-makers Accounting business trends Building credibility in accounting