Accounting leaders say these are the issues firms must face.
By CPA Trendlines Research
As Gale Crosley of Crosley+Consulting notes in the 2022 Rosenberg Survey, we are in the midst of “an unusual year of high uncertainty, unpredictability and sapped energy among our profession’s leaders.”
MORE TRENDS & OUTLOOK for 2023: The Biggest Change in Accounting? Personnel | Look Who’s Making Money Now | Merger Minded? Go Out on Top! | Capacity Strategies Drive Change | Who Wants to Be Partner? Not Enough | Private Equity Heats Up M&A | Top Five Trends | Compensation Gets Creative | CPA Partners Rejoice on Surging Fee Growth | The Office Is Over | Accounting Firms Face Up to Private Equity | IRS Hires Will Add Pressures | Consolidation Brings Challenges, Opportunities |
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Yes, indeed. The profession, once characterized as staid and stable, has been hit by a confluence of what Crosley calls “four major thunderbolts,” to wit:
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