Windsor Path

We had an incredible experience at the 2024 PE Summit last week! From meaningful conversations with industry veterans to forging valuable new connections, the event reinforced just how much private capital is shaping the future of accounting. Our team took time to reflect on the insights we gathered and compiled a report with the key takeaways. It highlights trends like how external investment is driving innovation, the importance of finding the right partner, and how firms are adapting to meet growing client demands. We’d love to hear your perspective! What stood out to you at the summit? What are you seeing in your own corner of the industry? Let’s keep the conversation going, and feel free to share your thoughts in the comments or message us directly. View the full report here: https://lnkd.in/e4KfRP4N #Accounting #PrivateEquity #Innovation #Leadership #PEsummit

?? Industry Update: CBIZ Acquires Marcum CBIZ announces the acquisition of Marcum, marking a significant consolidation within the accounting industry. This merger is poised to combine the strengths and expertise of both firms, creating the 7th largest firm in our industry. Such moves underscore the ongoing trend of mergers and acquisitions in the accounting sector, reflecting the importance of growth and adaptation. As the industry continues to evolve, staying informed about these developments is crucial for businesses and professionals alike. Congratulations to both CBIZ and Marcum on this strategic initiative. ?? #Accounting #IndustryNews #BusinessGrowth #MergersAndAcquisitions

"The combination of partner retirements and funding extensive technology investments while spending to attract and retain workers during an accountant shortage has strained some firms, spurring them to explore whether the traditional partnership structure still works best. “Attracting talent is a real issue for everybody in this category,” said?Daniel Goelzer, a former acting chairman of the Public Company Accounting Oversight Board, the audit regulator. “Other kinds of compensation models or equity models might become necessary in order to attract talent. The need to invest in technologies is only going to increase and that takes money.”

Love seeing how a Dallas-based firm's innovative Student Leadership Program guides students towards informed choices and career success in public accounting. While flexibility is key, early career decisions in tax vs. audit are crucial for aspiring accountants. ?? #AccountingCareers #StudentLeadership #PublicAccounting