In this episode of the Accounting Influencers Podcast, Rob Brown dives into the Key Facts and Trends in the Accountancy Profession 2024 report, revealing how accounting firms are being impacted by the rapid pace of technological change and disruption.
From the shrinking number of audit firms to the increasing role of AI and cloud accounting, Rob offers actionable insights for leaders, managers, and influencers looking to stay relevant and build influence. He also explores the growing importance of diversity and how firms can retain top talent in a highly competitive landscape. If you’re serious about staying ahead and building your personal brand inside and outside your firm, this episode is a must-listen.
Key Takeaways:
- Audit firms are shrinking, which intensifies competition for talent and clients.
- Embracing technology such as AI and cloud accounting is essential for staying competitive.
- Audit fee income is growing—firms that innovate are seeing results.
- The most successful firms invest in diverse talent to future-proof their businesses.
- Leaders need to position themselves as thought leaders to maintain influence.
- The growing percentage of female accounting students shows a shift in the profession’s demographics.
- Firms that fail to adapt risk losing their best talent and clients to more tech-savvy competitors.
Killer Quotes:
- "Audit firms are shrinking—what’s your next move?"
- "The future of accounting is here—are you ready?"
- "Leaders who fail to adapt will disappear."
- "The firms winning today are those that invest in diverse talent."
- "AI and cloud accounting aren’t buzzwords—they’re the future."
- "Audit fee income is up, but only for those firms who innovate."
- "Stay ahead, or get left behind in the disruption."
You can also view this on youtube:
Boost Your Thought Leadership Without the Heavy Lifting!
Are you an accounting professional looking to build your personal brand but struggling to find the time? Let Rob Brown help you accelerate your thought leadership with his bespoke interview service. In just 30 minutes, we’ll capture your insights and turn them into articles, blogs, and video clips for your marketing team to use. It’s the easiest way to establish yourself as a thought leader without doing all the heavy lifting! Contact us to learn more.
Want to Get Your Brand in Front of Accountants?
Looking to promote your tech or software solutions to accountants worldwide? By sponsoring the Accounting Influencers Podcast, you can reach an engaged, international audience of accounting professionals. With our growing YouTube channel, your sponsorship will live on multiple platforms, maximizing your brand’s exposure. Contact us to learn more about this fantastic opportunity!
Expand Your Influence Beyond Accounting!
Want to take your influence beyond just accounting? Building relationships with the tech and consulting world that serve accountants is key to staying ahead. Our LinkedIn page, Accounting Influencers, is where you can start those connections. We’re sharing insights that help you navigate the accounting ecosystem, while opening doors to wider networks and opportunities. Don’t miss out—join the conversation on LinkedIn at Accounting Influencers and position yourself as a leader in the accounting space!
The Accounting Influencers Podcast (AIP) is aimed at accounting firm leaders, managers, and partners looking to build their executive presence, influence, and credibility both internally and externally. The show focuses on helping professionals strengthen their personal brand, stay informed about industry changes, and navigate disruptive forces affecting accounting business models and trends. The content includes solo insights from host Rob Brown as well as interviews or panel discussions with industry leaders. Check out the show on your preferred podcast app or platform, or go to the Accounting Influencers YouTube channel for all of the episodes in video format. To find out more, contact host Rob Brown on LinkedIn here. https://www.linkedin.com/in/therobbrown
The Accounting Influencers Podcast (AIP) is aimed at accounting firm leaders, managers, and partners looking to build their executive presence, influence, and credibility both internally and externally. The show focuses on helping professionals strengthen their personal brand, stay informed about industry changes, and navigate disruptive forces affecting accounting business models and trends. The content includes solo insights from host Rob Brown as well as interviews or panel discussions with industry leaders. Check out the show on your preferred podcast app or platform, or go to the Accounting Influencers YouTube channel for all of the episodes in video format. To find out more, contact host Rob Brown on LinkedIn here. https://www.linkedin.com/in/therobbrown
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The Accounting Influencers Podcast, hosted by Rob Brown, is one of the world's leading shows for accounting leaders, professionals, finance specialists, software vendors, tech providers and influencers.
Thanks to our sponsors:
ADVANCETRACK OUTSOURCING. Transform your accounting firm with AdvanceTrack. Our top-tier offshoring solutions free your team from mundane tasks, allowing you to focus on growth and client engagement. Experience seamless scalability and expert support. Visit advancetrack.com and elevate your practice today. https://www.advancetrack.com
ACCOUNTEX. Bringing the accounting world together with UK and international events for the accounting and tech world. https://www.accountex.co.uk
If you'd like to sponsor the show and elevate your brand with our audience, reach out to show host Rob Brown on LinkedIn and his team will reach out to fix up a chat to explore.
https://www.linkedin.com/in/therobbrown
You can also check out all shows on the Accounting Influencers YouTube Channel:
https://bit.ly/AI-youtube
