Gary Adamson, Author at CPA Trendlines

Outlook 2023: The Unstoppable Forces behind M&A

Is it the pot size or the players?

By Gary Adamson

The people challenges will intensify with firms looking more to offshoring and beefing up their campus recruiting efforts to chase fewer graduates. Remote work is here to stay – the focus will be on doing it better in terms of work management and people expectations/management.

MORE: OUTLOOK 2023: Top Five Trends | OUTLOOK 2023: Compensation Gets Creative | OUTLOOK 2023: The Office Is Over | 2023 OUTLOOK: Private Equity Comes for Accounting Firms
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Firms will be evaluating how to “keep our culture” in the face of a remote work environment or perhaps the question is what does our new culture look like. M&A is off to the races with pent-up demand because of COVID-19 and the private equity money entering the market. The people portion of the deal will be more important than the client portion.
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LEADERSHIP

What’s the Why?

How do you view the answers of others?

By Gary Adamson

The very human tendency to assume that others think as we do can lead to great misunderstanding. In truth, the things that drive individuals – what makes it all worth it – vary widely. Discovering what makes each team member tick and what he or she most desires and values is an important step toward creating a cohesive partnership and bridging the gap, not just between generations but among all members of the firm.

MORE: Three Strategies to Keep Emerging Leaders Energized | Marketing: Not Just for Partners Anymore | Leadership Growth Is a Two-Way Street | Each Generation Must Change
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As firms wrestle with Baby Boomer succession, the differences in attitudes, thinking and motivators between current and future leaders can sometimes be great. More often than not those differences or gaps are major contributors to the absence of future leaders who are on deck and ready to step into the shoes of the retiring partners.
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FEATURED

SURVEY: We Adapted to Remote Work… Now What?

PLUS: PPP loans helped firms in multiple ways.

By Gary Adamson

It looks like 2020 will be a good year for almost all small to midsized firms.

MORE: SURVEY: 2020’s Disruptions Are Only the Beginning | COVID Brought Us More and Better Client Communication
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Revenues will be flat to up with the PPP application and forgiveness revenue helping out, plus most firms will recognize their own PPP loan as additional income. The big question is what will 2021 look like for us and how deep will the economic damage for our clients be when the economy finally opens back up?

OUTLOOK & ANALYSIS

2019: Shift to Consulting May Be Bumpy

Tech changes are coming. But stymie many.

By Gary Adamson
The Rosenberg MAP Survey

CPA firms are experiencing a squeeze in profitability. Revenues are rising but at an organic growth rate that is not close to where most firms were pre-recession.

MORE FROM THE MAP SURVEY: 2019: NextGen Realities | 2019: When CPAs Go Extinct | 2019: The Biggest Tech Changes Yet | 2019: Three New Trends to Watch | 2019: Client Service Moves to Fore | 2019: Shifts in Hiring & Office Space
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FEATURED

Will Staffing Challenges Change the Definition of Partner?

Recruiting is only getting tougher.

By Gary Adamson
Rosenberg MAP Survey

Most of my clients experienced one of their best years in 2016.

MORE FROM THE MAP SURVEY: Be a Consultant or Be Left Behind | Succession Issues Stalling Some M&A | Technology Playing Center Stage in CPA Profession
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Profitability was at an all-time high and organic growth was better for most as compared with 2015.
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