Transformation Talks: A leader at one of the fastest growing firms in the country describes transforming his career, pros and cons of building versus buying and the four (or five) steps to becoming a consulting firm.
Transformation Talks
With Bill Penczak
Center for Accounting Transformation
How does an accounting expert journey from audit and Big Four to starting his own firm and becoming a consultant? Odysseus (O.D.) Lanier, a founding partner of one of the fastest growing firms in the country, describes his start, why he left “boring” auditing (but why it is critical experience), as well as what he sees as pros and cons in building a consulting firm versus buying a consulting firm.
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Why are CPAs moving from tax and audit to get into consulting? Lanier said the bottom line is that consulting is lower risk with a higher margin.
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