Growth, Change, and the Future of CAS: A Conversation with Kane Polakoff

Here is a much-needed dose of accountant wisdom. Get ready for a deep dive into the evolving world of Client Advisory Services (CAS). In this episode, Ted and Jessica are joined by special guest Kane Polakoff, Partner and Practice Leader at CohnReznick and a pioneer in the CAS space. The trio talk about the increasing demand for CAS and its rapid growth, with CohnReznick experiencing over 60% practice growth last year. The group also discusses how the talent profile for CAS is changing, with a need for analytical, dynamic, and communicative individuals who are open to change and skilled in problem-solving. The conversation also covers the critical role of technology in CAS, the impact of the COVID-19 pandemic on client expectations and technology adoption, and the importance of change management for both clients and firms. With his characteristic humor, Kane shares his passion for making CAS a more appealing career path for recent college graduates and discusses the challenges and opportunities in building awareness for the profession. Be sure to catch the rapid-fire section at the end where Kane tries to sell Ted on the superiority of Detrot’s sports teams and mic-drop pitch for anyone interested in working with his team at CohnReznick. Tune in and be encouraged by the direction of CAS accounting. For full show notes, visit firmofthefuture.com.