Top firm CEOs battle fickle clients with a growing arsenal of specialized talent.
By CPA Trendlines Staff
While leaders of accounting’s largest and most successful firms face a bevy of concerns that include keeping up with technology and with clients’ changing demands, they tend to agree that attracting and retaining young, talented workers is their most pressing issue, according to a year-long CPA Trendlines study of more than a dozen managing partners across the country.
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“The major issues facing accounting firms run in cycles with spans when it’s all about things like quality of work or staying ahead in regulatory matters. And good firms have to focus on all of them. But what that boils to down to is your engagement with your people who deliver the services,” says Randy Myeroff, managing partner of Cohen & Co. of Cleveland. “Whoever can connect with today’s youth movement and invest in it the right way is going to win.”
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