Accounting Influencers

In this episode, Rob Brown discusses the transformative impact of private equity on the accounting profession, particularly in terms of talent acquisition and retention. He highlights how private equity-backed firms are reshaping the traditional accounting model by offering new roles, competitive compensation structures, and accelerated career paths. Brown emphasizes the need for accounting leaders to adapt their strategies to attract and retain top talent in a rapidly changing landscape.Big takeaways70% of top performers at traditional firms would leave for private equity-backed firms.Private equity is a major disruptor in the accounting profession.The traditional model of recruiting and promoting talent is becoming obsolete.Private equity firms are reporting 40% lower turnover rates than traditional firms.New roles and career paths are emerging in private equity-backed firms.Today's professionals seek opportunities to create impact and lead projects.Compensation structures are being redesigned to include eq